Crown Group definition

Crown Group means Crown and its Subsidiaries, excluding any member of the Constar Group, as of the Closing Date.

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Crown Group means (collectively) Crown and its Subsidiaries.

Crown Group means Crown and its current and future affiliates in North America, Mexico, the United Kingdom, Europe and those affiliates that supply RCI in the RCI Countries; (v) “Supplier” means, as to any sale of Products hereunder, the member of the Crown Group that sells, ships and/or invoices the Products; (vi) “North America” means the United States and Canada, and (vii) “affiliate” means any entity that, directly or indirectly, controls, is under common control with or is controlled by that party and “affiliated” has a corresponding meaning. For purposes of this definition and this Agreement, “control” (including, with correlative meaning, the terms “controlled by” and “under common control with”), as used with respect to any entity, shall mean the possession, directly or indirectly, of more than 50% of the voting securities of such entity.

Examples of Crown Group in a sentence

• The Parties agree that, with respect to Active Constar Employees who, in connection with the Offering, cease to be employees of the Crown Group and become Employees of the Constar Group, such cessation shall not be deemed a severance of employment for purposes of any Plan that provides for the payment of severance, salary continuation or similar benefits.

• Notwithstanding any provision of this Agreement to the contrary, effective as of the Closing Date, the Crown Group shall retain all Liabilities in connection with the Crown Excess Benefit for Active Constar Employees (and Former Constar Employees, if applicable) and the Constar Group shall have no responsibility with respect to such Liabilities.

• Crown and Constar shall use their reasonable best efforts so that, as soon as practicable after the Closing Date, all Crown Foreign Plans which provide retirement benefits solely to Active Constar Employees and Former Constar Employees shall be assumed by Constar together with all related assets and liabilities and neither the Crown Group nor any Crown Group Plan shall retain any liability with respect to such Foreign Plans.

• Crown and Constar shall share, Crown shall cause each applicable member of the Crown Group to share, and Constar shall cause each applicable member of the Constar Group to share, with each other and their respective agents and vendors (without obtaining releases) all participant information necessary for the efficient and accurate administration of each of the Crown Plans and the Constar Plans.

• Each of Crown and Constar shall cause to be performed, and hereby guarantees the performance of, all actions, agreements and obligations set forth in this Agreement to be performed by members of the Crown Group or members of the Constar Group, respectively, where relevant.

More Definitions of Crown Group

Crown Group means the Crown Parties and their permitted ----------- transferees.

Crown Group means (i) Crown-▇▇▇▇▇ Associates, Ltd., (ii) Crown-Associates III, Limited, (iii) Crown Trust Limited Partnership, and (iv) any Affiliate or Associate of any Person listed in clauses (i), (ii) or (iii) of this paragraph (h).

Crown Group. Has the meaning set forth in Section 8.1.

Crown Group means, collectively, Crown Biofuels, Crown Iron Works, ECL, ECUK and Europa Crown on a consolidated basis.

Crown Group means Crown and its Subsidiaries, excluding any member of the Constar Group, as of the Closing Date. “EMPLOYEE” means any individual who performs services pursuant to a common-law employer-employee relationship. “ERISA” means the Employee Retirement Income Security Act of 1974, as amended. “FOREIGN PLAN,” when immediately preceded by “Crown,” means a Plan maintained by the Crown Group or when immediately preceded by “Constar,” a Plan maintained by the Constar Group, in either case for the benefit of employees who perform services and/or are compensated under a payroll that is administered outside the United States, its territories and possessions, and the District of Columbia. “FORMER CONSTAR EMPLOYEE” means an Employee whose employment with the Constar Group terminated for any reason (including retirement or long-term disability) before the Closing Date and who, as of the Closing Date, is not employed by Crown or a member of the Crown Group. “GOVERNMENTAL AUTHORITY” means any federal, state or local court, government, department, commission, board, bureau, agency, official or other regulatory, administrative or governmental authority, including, without limitation, the United States Department of Labor, the Internal Revenue Service, and the Pension Benefit Guaranty Corporation.

Crown Group means the Company and its direct and indirect Subsidiaries.

Crown Group means PubCo and its subsidiaries.