Weatherford Group definition

Weatherford Group has the meaning set forth in the first recital hereto.
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Weatherford Group means the Company and its Subsidiaries.
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Weatherford Group means, individually or in any combination, Weatherford, its’ Affiliates, and each of their respective officers, directors, employees, contractors, subcontractors (other than any members of Supplier Group), agents, clients, invitees, heirs, successors and/or assigns.
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Examples of Weatherford Group in a sentence

  • The expenses of administering the Plan shall be borne by the Weatherford Group.

  • Except as otherwise provided in Paragraph 12 hereof, Weatherford shall not be obligated to pay Grant for any Tax credits of the Grant Group or any losses or deductions of the Grant Group used by the Weatherford Group to reduce its Federal income Tax liability or Federal taxable income for any Tax period ending on or before the Spin-Off Date.

  • For purpose of the calculations under this Agreement, any loss of Tax credits resulting from or attributable to the transfer of assets to Grant or any other member of the Grant Group in connection with the Spin-Off shall be ignored and all calculations shall be made as though all such tax credits were available for use by the Weatherford Group.

  • Except as otherwise provided in Paragraph 5, any amounts that Grant shall be obligated to pay Weatherford pursuant to Paragraph 5 with respect to Tax periods of the Weatherford Group ending after the Spin-Off Date shall be paid within 30 days after filing of the Returns for such Tax periods.

  • In the event an amount otherwise payable by Grant to Weatherford is deferred pursuant to clause (ii) of the immediately preceding sentence, such amount shall be paid by Grant to Weatherford within 30 days after the filing of the Tax Return for the Tax period in which such Tax benefits of the Weatherford Group previously used would have been used.

  • For purposes of these computations, the allocation of Tax attributes to the Grant Group and absorption thereof by the Weatherford Group for each Tax period shall be determined in accordance with the Treasury Regulations under Section 1502 of the Code, applied in a manner consistent with practices and methods followed in reporting the Federal income Tax liability of the Weatherford Group for such Tax periods.

  • The Company maintains insurance policies covering the property, equipment and leasehold improvements of the Weatherford Group.

  • For purposes of these computations, the allocation of Tax attributes to the Weatherford Group and absorption thereof by the Grant Group for each Tax period shall be determined in accordance with the Treasury Regulations under Section 1502 of the Code, applied in a manner consistent with practices and methods followed in reporting the Federal income Tax liability of the Weatherford Group for such Tax periods.

  • In the event any deferred intercompany gain attributable to assets transferred to Grant or any other members of the Grant Group by other members of the Weatherford Group is recognized by the Weatherford Group by reason of the Spin-Off, such deferred intercompany gain, if any, shall be deemed to be gain of the Grant Group for its taxable year ending on the Spin-Off Date for purposes of all calculations under this Agreement.

  • To the extent that assets are assigned, sold, transferred or conveyed by a member of the Weatherford Group to Grant or another member of the Grant Group in contemplation of the Spin-Off and any such transaction is treated as a sale for Tax purposes, the aggregate purchase price shall be allocated among the assets assigned, sold, transferred or conveyed as determined by Weatherford in its sole discretion.


More Definitions of Weatherford Group

Weatherford Group means any group of entities that includes any Weatherford Entity or the Weatherford Compression Business.
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Weatherford Group means, individually or in any combination, Weatherford and its Affliates and each of their respective officers, directors, employees, contractors, subcontractors, consultants, vendors, agents, representatives, invitees, licensees, successors and/or assigns.
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Weatherford Group means Purchaser and its Subsidiaries, including (after Completion) the OFS Companies.
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Related to Weatherford Group

  • Brookfield Group means Brookfield and any Affiliates of Brookfield, other than any member of the BREP Group;

  • SAP Group means SAP Parent and any of its Associated Companies.

  • Parent Group has the meaning set forth in Section 8.03(c).

  • Honeywell has the meaning set forth in the preamble.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • Dte. GHS means Directorate General and Health Services, MOH&FW.

  • parent financial holding company in a Member State means a financial holding company which is not itself a subsidiary of an institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in the same Member State;

  • Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.

  • Affiliated Group means any affiliated group within the meaning of Code Section 1504(a) or any similar group defined under a similar provision of state, local or foreign law.

  • ITT has the meaning given to it in the recitals to this Framework Agreement;

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • SpinCo shall have the meaning set forth in the Preamble.

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • DBS Group means DBS Bank Ltd, its subsidiaries, affiliates, branches and related companies.

  • HSBC Group means HSBC Holdings plc, its affiliates, subsidiaries, associated entities and any of their branches and offices (together or individually), and “member of the HSBC Group” has the same meaning.

  • Xxxxxx Group shall have the meaning set forth in Section 9.2(b) hereof.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • Client Group means Client, any corporate body of which Client is a subsidiary (as defined by s. 1159 of the Companies Act 2006), any other subsidiary of such corporate body and any subsidiary of Client;

  • Purchaser’s Group means the Purchaser, its subsidiaries and subsidiary undertakings, any holding company of the Purchaser and all other subsidiaries of any such holding company from time to time;

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of SpinCo, after giving effect to the Reorganization.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Tax Group means any federal, state, local or foreign consolidated, affiliated, combined, unitary or other similar group of which the Acquiror Company is now or was formerly a member.

  • Member Company means a “service recipient” as defined in Treasury Regulation § 1.409A-1(h)(3).

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”