CCPH Group definition

CCPH Group means CCPH and the Subsidiaries (including the Branches);

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CCPH Group means CCPH and the Subsidiaries (including the Branches); "CCPH Logo" has the meaning given in Clause 8.8 (Use of GM colours and font in the CCPH Logo); "CCPL" has the meaning given in Background (C); 4 "China" or "PRC" means the People's Republic of China which, solely for the purposes of this Agreement, excludes the Hong Kong and Macau Special Administrative Regions of Taiwan; "China Domain Name Transfer Agreement" means the domain name assignment agreement dated 3 August 2012 between Ally Financial and Car Care Plan Limited in respect of certain domain names used by Shanghai Response; "China Trademark Assignment Agreement" means the trademark assignment agreement dated 3 August 2012 between Ally Financial and Car Care Plan Limited in respect of certain trademarks used by Shanghai Response; "Chinese Approval Authority" means the PRC Ministry of Commerce or its local counterparts; "CIRC" means the China Insurance Regulatory Commission or any of its local branches; "Companies Act" means the Companies ▇▇▇ ▇▇▇▇; "Company Information Technology" means all information technology which at the Completion Date is used or held for use by any member of the CCPH Group in connection with its business as currently carried on and which is neither a Core IT System nor provided under the Transitional Services Agreement and including information technology which is set out in Schedule 13 (Company Information Technology); "Company Intellectual Property" means all Intellectual Property which at the Completion Date is owned, used or held for use in its business by any member of the CCPH Group subject to such additions to and disposal of Intellectual Property as may occur between the date of this Agreement and Completion but for the avoidance of doubt, excluding the trademarks "Ally", "GMAC" and "MIC"; "Completion" means completion of the sale and purchase of the Shares under this Agreement; "Completion Balance Sheet" means a balance sheet of the CCPH Group as at Completion in substantially the format as set out in Part 3 of Schedule 8 (Purchase price adjustments) to be produced in accordance with the provisions of Schedule 8 (Purchase price adjustments) and subject to such adjustments as may be required pursuant to that Schedule; "Completion Date" means 5.30 p.m. on the day Completion takes place; "Completion Purchase Price" has the meaning given in Clause 3.1(b) (Total purchase price); "Conditions" means the conditions precedent set out at Clause 4.1 (Conditions) and "Condi...

Examples of CCPH Group in a sentence

• Ally Financial agrees with the Buyer and each member of the CCPH Group that the restrictive covenants in Clause 8 are reasonable and necessary for the protection of the value of the Shares and each member of the CCPH Group and that having regard to that fact those covenants do not work harshly on it.

• As from the Completion Date, the Seller and the Buyer shall give to the other such reasonable access to the books, accounts, records and returns of the other relating to or in connection with the CCPH Group as the other may require including the right to take copies and extracts on reasonable advance notice within the period of six calendar years from the Completion Date.

• Where the Buyer or the Buyer's Group (including the CCPH Group) has not adhered to Clause 9.2(b) and such non-adherence has resulted in a liability under the Ally Financial Guarantee being increased, then the Seller shall not be liable in respect of such increase of liability.

• The Seller's consent shall be deemed to have been reasonably withheld in circumstances where any of the Buyer's or any member of the Buyer's Group's (including, after Completion, the CCPH Group) payment obligations under any of the Transaction Documents remain outstanding.

• The Buyer acknowledges that, in it or any relevant member of the Buyer's Group entering into the Transaction Documents, it or the relevant member of the Buyer's Group has not relied on any unlawful communication (as defined in s30(1) FSMA) made by or on behalf of any member of the CCPH Group, the Seller, any member of the Seller's Group from time to time or any of their respective professional advisers.

• This Clause 8.2(b) shall not apply as regards any Band 2D and Above Personnel whose employment with the CCPH Group has been terminated by the relevant member of the CCPH Group (whether with or without good cause).

• Nothing in this Agreement shall prohibit the Buyer from making or sending after Completion any announcement to a customer, client or supplier of the CCPH Group informing it that the Buyer has purchased the Shares.

• After a period of five years from Completion, Ally Financial may destroy any Proprietary Information of the CCPH Group and provide confirmation or certification of such destruction and on the production of such evidence, Ally Financial's obligations under this Clause 8.4 shall cease.

• The Seller undertakes that it shall procure that between the date of this Agreement and Completion or the earlier termination of this Agreement in accordance with its terms, each of the members of the CCPH Group shall comply with the Pre-Completion Undertakings to the extent set out in Schedule 3 (Pre-Completion Undertakings).

• For the purposes of this Clause 9.11 only, "Regulatory Authority" shall be deemed to include any competition or anti-trust authority to whose jurisdiction any member of the CCPH Group is or has been subject in respect of competition or anti-trust matters.