Economic Group definition

Economic Group means, with respect to any Person, all Persons that are Affiliates or Related Parties of such Person;

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Economic Group means a Grupo Económico as defined in Resolution SMV 019-2015-SMV/01.

Economic Group means controlling companies, controlled companies and those affiliated in which there is a relevant influence in the decisions. Direct and/or indirect interests through companies or individuals are considered.

Examples of Economic Group in a sentence

• For the avoidance of doubt, if and to the extent that the NBPco Economic Group (or any relevant member of it) is Regulated, the compliance and governance officer may report to the board of directors of the relevant member of the NBPco Economic Group in respect of any regulatory obligations applicable to NBPco in the context of its membership of the NBPco Economic Group.

• In addition, the Deputy Secretary APEC NZ and/or Deputy Secretary, Trade and Economic Group may meet with the Māori entities to discuss any issues they may have, and to ensure that the Parties’ shared aspirations are being met under this MOU.

• The Buyer shall take (and cause its Affiliates, the Company and other entities of the Economic Group of the Company to take) any and all mitigating measures available pursuant to the Law and/or as previously agreed, in writing, between the Parties, as applicable, to mitigate any related loss and damage that in any way may impact the Company and other entities of the Economic Group of the Company.

• The Buyer acknowledges, agrees and represents that it is aware of the fact that the Company and other entities of the Economic Group of the Company are currently facing economic and financial crisis and are subject to all types of disputes in relation to their activities and businesses, which is aggravated, including, by the economic crisis and political instability currently faced by Brazil.

• Likewise, the Buyer represents that it knows, has assessed and assumes, on the date hereof, all the risks arising out of ongoing and potential Claims involving the Company and/or any of other entities of the Economic Group of the Company.

More Definitions of Economic Group

Economic Group means the economic group, of which Credicorp is a member, which subjects Credicorp to the Rules for Indirect Ownership, Association and Economic Groups (Conasev Resolution 090-2005-EF-94.10).

Economic Group of the Company shall mean the set of legal entities, when any of them has the “control” over the other or others or when the “control” over the legal entities is held by one or many individuals that act as a decision unit. Individuals are not part of the economic group.

Economic Group means the economic group, of which Credicorp is a member, which subjects Credicorp to the Rules for

Economic Group means, in relation to any of the Parties, any company that, individually or jointly, directly or indirectly, holds a shareholding interest in a certain Party, has its capital held in whole or in part by a certain Party, or is a partner in a company together with a certain Party;

Economic Group means a group of enterprises each with distinct legal status, which are bound together through mutual investments, capital contribution, merger, acquisition, re-organization or other forms of affiliation; share common long-term economic interests, technology, market and/or business services; and constitute a consolidated business entity in which the enterprises are organized into two or more levels, as parent companies and subsidiaries, as set forth in the Enterprise Law of 2005 and Decree 139 of September 5, 2007.

Economic Group has the same meaning as "Grupo Economico" as defined by the Central Bank in Comunicacion "A" 2140, as it may be modified from time to time.

Economic Group means in relation to each Party, their holding companies, subsidiaries, and companies under common control, administrators, officers, employees, subcontractors, representatives and agents.