Examples of Customer Group Company in a sentence
Where two or more Customer Group Companies (as defined in the ISDA SIMM Crowdsourcing Facility usage licence) are using ISDA SIMM Crowdsourcing Facility information under an ISDA SIMM Crowdsourcing Facility usage licence with a Customer, then the Customer will be treated as falling in the earliest Initial Margin Phase (i.e. the numerically lowest in the above table) applicable to any such Customer Group Company.
Where a Customer Group Company derives an interest rate benchmark using LIBOR and other inputs, then the percentage of the gross revenues used to calculate the Licensed Product Revenue may be reduced based on the relative values of such inputs and their usage in the derivation, as agreed by IBA in consultation with the Customer.
Where a Customer Group Company sells the Licensed Product in combination with other products, then the Licensed Product Revenue will be calculated as 25% of the fraction C / (C+D) of the gross revenues received in relation to all fees or other revenue generated for the licensing or use of the combination product (where C = the fair market value of the Licensed Product if it were sold separately, and D = the fair market value of each other product in the combination product if it were sold separately).
For the avoidance of doubt, if a Customer Group Company does not receive or generate any Licensed Product Revenue for trading or clearing services in respect of products for which ICE Swap Rate information serves directly or indirectly as, or as part of, an input or underlying reference, the fees payable in respect of an ICE Swap Rate trading / clearing venue licence shall be USD 52,250 for trading only, USD 52,250 for clearing only, or USD 105,000 for trading and clearing, per annum.
If any Customer Group Company or User objects to the transfer of Traffic Data between Vodafone Group Companies or its subsequent Processing by a Vodafone Group Company, the Vodafone Group Company shall, as soon as reasonably practicable, suspend or cease the transfer or Processing until the objection is resolved.
For the avoidance of doubt, if a Customer Group Company does not receive or generate any Licensed Product Revenue for the licensing or use of the derived interest rate benchmark, the fees payable in respect of a LIBOR derived benchmark licence shall be USD 50,000 per annum.
Where a Customer Group Company is the controller (either alone or jointly with the Customer) with respect to certain Customer Data, Customer represents and warrants to Google that it is authorized to instruct Google and otherwise act on behalf of such Customer Group Company in relation to the Customer Data in accordance with the Agreement, as amended.
The Customer Group Company now requires the provision of certain services.
SIGNATURE PAGE ICE Benchmark Administration Limited (“ICE”) By: Name: Title: Date: (“the Customer”) By: Name: Title: Date: SCHEDULE E: CUSTOMER GROUP COMPANIES XXXX FILED: CUSTOMER NAME: Please provide complete name and address of each Customer Group Company (use additional sheets if necessary).
For the avoidance of doubt, if a Customer Group Company does not receive or generate any Licensed Product Revenue for the licensing or use of the derived interest rate benchmark, the fees payable in respect of an ICE LIBOR derived benchmark licence shall be USD 50,000 per annum.