Corgi Group definition

Corgi Group means Corgi Classics Holdings and its subsidiaries for the time being.
Corgi Group means Corgi International Limited and any company which is a holding company of Corgi International Limited or a subsidiary undertaking of Corgi International Limited or of any such holding company (as such expressions are defined in sections 258, 259 and 736 Companies Act 1985);

Examples of Corgi Group in a sentence

  • The relevant targets as at the date of this Agreement will be up to 50% of the available bonus if the Corgi Group meets its forecasted budget and up to 50% of the available bonus if the Corgi Group meets the targets detailed in the investment book prepared by Corgi International Limited for the purposes of its PIPE financing.

  • The Borrower shall ensure that no member of the Group will, directly or indirectly, enter into any transaction directly or indirectly for the benefit of a member of the Corgi Group (including, without limitation, guarantees and assumptions of obligations) unless (a) the transaction is entered into in the ordinary course of business and on an arms' length basis; and (b) the trade payables arising from such transaction shall be paid within 60 days.

  • The Borrower shall ensure that no member of the Group (other than a member of the Corgi Group) shall, without the prior written consent of the Agent (acting on the instructions of an Instructing Group) create or permit to subsist any Encumbrance over all or any of its present or future revenues or assets other than a Permitted Encumbrance.

  • The Borrower shall, and shall ensure that each of the Guarantors and each member of the Corgi Group shall, within 45 days after the last day of each fiscal quarter of the Borrower, deliver to the Agent in sufficient copies for distribution to the Banks, an ageing list of each of its trade receivables outstanding at the end of such quarter.

  • Any information provided to the Shipowner by the Lender pursuant to this Section 4.04(c) is understood by the parties to be an estimate of the costs of prepayment only and shall not be binding in the determination of such costs pursuant to Section 4.04(a)(iv).