Group Sharing Clause Samples
The Group Sharing clause defines the terms under which information, resources, or benefits can be shared among members of a specified group, such as affiliated companies or business units. Typically, this clause outlines what types of data or assets may be shared, the conditions for sharing, and any restrictions or obligations that apply to group members. For example, it may permit subsidiaries to access proprietary technology or confidential information under certain safeguards. The core function of this clause is to facilitate collaboration and efficiency within a corporate group while ensuring that sharing is conducted in a controlled and compliant manner.
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Group Sharing. The Customer acknowledges and agrees that no other member of the Customer Group may rely on or otherwise derive benefit from the performance by the Supplier of its duties at law and/or obligations under this Agreement. The Supplier shall be solely responsible to the Customer for fulfilment of its obligations under this Agreement. Except as otherwise expressly stated in this Agreement, it is not intended that any third party should have the right to enforce any provision of this Agreement.
Group Sharing. Notwithstanding the preceding provisions of this Clause 4.16 the Tenant may without the consent of the Landlord share occupation of the whole or any part of the Premises with a Group Company; Provided that
(a) the relationship of landlord and tenant is not created;
(b) the occupation by any such Group Company as aforesaid shall cease forthwith upon its ceasing to be a member of the same Group as the Tenant as aforesaid; and
(c) the Landlord is informed in writing of the name of each occupier before it commences to occupy and is immediately notified in writing after it ceases to occupy; and
(d) the overall impression of the trade or business carried on from the Premises is that of a single unit of occupation.
Group Sharing. Notwithstanding Clause 4.13.1 the Tenant may share occupation of the whole or any part of the Property with a Group Company PROVIDED THAT
(a) the relationship of landlord and tenant is not created; and
(b) occupation by any Group Company shall cease upon it ceasing to be a Group Company; and
(c) the Tenant informs the Landlord in writing before each occupier commences occupation and after it ceases occupation;
Group Sharing. (a) The Tenant may share occupation of the Premises with a company in the same Group as the Tenant if:
(i) no tenancy is created;
(ii) the Landlord receives within 15 Business Days of such sharing beginning Notice of the identity of the company sharing occupation and the address of its registered office; and
(iii) any rent or other payment received by the Landlord from the company in the same Group is paid by it as agent for the Tenant.
(b) The right of a company in the same Group as the Tenant to share occupation of the Premises with the Tenant under this Clause 3.16.6 (Group sharing) terminates on the company and the Tenant ceasing to be in the same Group and Notice must be given to the Landlord if that happens as soon as reasonably practicable.
Group Sharing. The Tenant may share occupation of the Premises with a company in the same Group:
(a) for so long as both the Tenant and that company remain members of the same Group;
(b) provided that no tenancy is created; and
(c) provided that within 15 Working Days of such sharing beginning the Landlord receives Notice of the identity of the company sharing occupation and the address of its registered office.