Transferred Group Entity definition

Transferred Group Entity means each Kimball International Entity that will become a Kimball Electronics Entity as of the Effective Time.
Transferred Group Entity means each Xxxxxxx International Entity that will become a Xxxxxxx Electronics Entity as of the Effective Time.
Transferred Group Entity means each IR Entity that will become an Allegion Entity as of the Effective Time.

Examples of Transferred Group Entity in a sentence

  • No later than the Effective Time, Schlage Lock Company LLC, a Transferred Group Entity, shall have established defined contribution plans that are intended to meet the requirements of Section 401(a) of the Code and a related trust that is intended to meet the requirements of Section 501(a) of the Code for the benefit of Allegion Group Employees and Former Allegion Group Employees (the “Schlage Lock Company LLC 401(k) Plans”).

  • Effective as of the Transferred Group Adoption Date, a Transferred Group Entity shall establish severance arrangements, plans, policies or guidelines to be effective as of the Effective Time (“Allegion Severance Arrangements”) under which Allegion Group Employees who, immediately prior to the Effective Time, are participants in any IR severance arrangement, plan, policy or guideline, shall be eligible to participate immediately following the Effective Time.

  • Effective as of the Effective Time, either the Transferred Group Entity shall remain the plan sponsor of Allegion Severance Arrangements or Allegion shall or shall cause another Allegion Entity to assume the Allegion Severance Arrangements.

  • Effective as of the Effective Time, either the Transferred Group Entity shall remain the plan sponsor of the Allegion UK Pension Plan or Allegion shall cause another Allegion Entity to assume the Allegion UK Pension Plan.

  • Effective as of the Effective Time, either the Transferred Group Entity shall remain the plan sponsor of Xxxxxxx Electronics Severance Arrangements or Xxxxxxx Electronics shall or shall cause another Xxxxxxx Electronics Entity to assume the Xxxxxxx Electronics Severance Arrangements.

  • Employee Pension Plan (the “Canadian DC Pension Plan”), to assign all of its rights, duties, obligations and liabilities under and in relation to the Canadian DC Pension Plan to an IR Entity that is not a Transferred Group Entity (the “Canadian Pension Plan Assignee”) and to amend the Canadian DC Pension Plan as necessary to give effect to this Section 14.3.

  • Effective as of the Transferred Group Adoption Date, a Transferred Group Entity shall establish severance arrangements, plans, policies or guidelines to be effective as of the Effective Time (“Xxxxxxx Electronics Severance Arrangements”) under which Xxxxxxx Electronics Group Employees who, immediately prior to the Effective Time, are participants in any Xxxxxxx International severance arrangement, plan, policy or guideline, shall be eligible to participate immediately following the Effective Time.

  • If, as a result of any dispute under this Section 5.4(b)(v), the asset transfer contemplated hereby is delayed until after the Closing, the amount that should have been transferred to the Funded Account of any Transferred Group Entity shall be increased by a reasonable rate of interest agreed upon by the Plan Actuary and Buyer Actuary (or if they cannot agree, the independent third party actuary described above) from the Closing to the date of transfer.

  • Effective as of the Closing Date, each Transferred Group Entity shall cease to be a “participating employer” in the Employee Benefit Plans.


More Definitions of Transferred Group Entity

Transferred Group Entity means the Seller Parent or any current or former affiliate of the Seller Parent, other than the Company or any of its Subsidiaries.
Transferred Group Entity means each Exelis Entity that will become a Vectrus Entity as of the Effective Time.
Transferred Group Entity means each IR Entity that will become an Allegion Entity as of the Effective Time. “Transition Services Agreement” has the meaning set forth in the Distribution Agreement. “True-Up Amount” has the meaning set forth in Section 6.2(b)(v). “Unexercisable IR Award” has the meaning set forth in Section 4.2(a)(ii)(A). “U.S.” means the United States of America. “WARN” means the U.S. Worker Adjustment and Retraining Notification Act, as amended, and the regulations promulgated thereunder, and any applicable state or local Law equivalent. “Welfare Plan” means, where applicable, a “welfare plan” (as defined in Section 3(1) of ERISA) or a “cafeteria plan” under Section 125 of the Code, and any benefits offered thereunder, and any other plan offering health benefits (including medical, wellness, prescription drug, dental, vision, and mental health and substance abuse), disability benefits, or life, accidental death and disability, and business travel insurance, pre-tax premium conversion benefits, dependent care assistance programs, employee assistance programs, paid time off programs, contribution funding toward a health savings account, flexible spending accounts, or cashable credits of IR or Allegion, as applicable.
Transferred Group Entity means each IR Entity that will become an Allegion Entity as of the EffectiveTime.

Related to Transferred Group Entity

  • Group Entity means any of the Company and Subsidiaries of the Company.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Group Business Entity means;

  • Retained Group means, in respect of each Seller, that Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (excluding the Purchaser, that Seller’s Target Company and any subsidiaries or subsidiary undertakings of that Target Company);

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Business Entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Transferred Subsidiaries shall have the meaning set forth in the Recitals.

  • Seller Affiliate means any Affiliate of Seller.

  • Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Company Group Member means each member of the Company Group.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Roll-Up Entity means a partnership, real estate investment trust, corporation, trust or similar entity that would be created or would survive after the successful completion of a proposed Roll-Up Transaction.

  • Acquired Entity means any entity acquired by the Company or a Related Company or with which the Company or a Related Company merges or combines.

  • Group Company means any one of them;

  • Acquired Entities means the Company and each of its Subsidiaries, collectively.

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • Restricted Group means, collectively the Company, its subsidiaries, the members of the Sponsor Group and their respective Affiliates.

  • Buyer Group Member means Buyer and its Affiliates and their respective successors and assigns.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Target Companies means the Company and its Subsidiaries.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Company Subsidiary means any Subsidiary of the Company.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.