Examples of Vivendi Group in a sentence
Immediately prior to the consummation of the Business Combination, Vivendi Games paid its income tax payable that was due to Vivendi, in complete satisfaction of its outstanding obligation under the Vivendi Group tax policy for an amount equal to $224.2 million.
Upon a Termination Event, Vivendi and Company shall cooperate in determining an equitable allocation of any Tax Items between the Vivendi Group and the member of the Company Subgroup relevant to the Termination Event.
The Strategic Committee shall meet at least once per calendar quarter and shall be responsible for evaluating, developing and recommending to the Company strategic objectives, business plans and growth opportunities, and for promoting and monitoring the Commercial Arrangements with members of the Vivendi Group contemplated by the Business Combination Agreement.
For each Vivendi Group Taxable Year, Vivendi shall timely pay or discharge, or cause to be timely paid or discharged, the Tax liability of the Vivendi Group for such taxable year to the extent such liability is not required to be paid or discharged by Company pursuant to this Section 2.2.
Vivendi shall have the right to designate to the Board (and each applicable committee) any senior officer of Vivendi or a significant Subsidiary of Vivendi that is a member of the Vivendi Group.
The members of the Vivendi Group acknowledge that the Company, Parent and GE desire that such Persons communicate their decisions regarding the exercise of their rights under this Agreement through a single representative and that the Company, Parent and GE have the right to deal exclusively with this representative.
Unless otherwise required by applicable law, each of Vivendi (for itself and for the Non-Company Vivendi Group) and Company (for itself and the Company Group) agrees not to take any action in connection with any Tax Return or settlement of any Tax Contest that is reasonably expected to result in an increased Tax liability to the other, a reduction in a beneficial Tax Item of the other or an increased liability to the other under this Agreement.
Each of GE and Vivendi agrees that it shall be jointly and severally liable to the Company and the other Stockholders for the acts (including any failure to act) and the obligations under this Agreement of each Person that is a member of the GE Group and the Vivendi Group, respectively, at any time from and after the date hereof (including any Person that becomes a successor to such Stockholder by operation of Law).
Subject to Section 6.8, for so long as the shares of Company Stock collectively Beneficially Owned by members of the Vivendi Group constitute at least 5% of the total voting power represented by the outstanding shares of Company Stock (for this purpose, prior to an IPO, without giving effect to any issuance of Company Stock after the date hereof), the Company shall not engage in any of the actions referred to in Section 3.1(a)(iii) or (iv).
For each such Vivendi Group Taxable Year, Vivendi shall file the Vivendi Group Tax Return on a timely basis.