Examples of Euro Holdco in a sentence
Accordingly, no member of the BP Group may, without the prior written consent of Innovene or Euro Holdco, assign the benefit of all or any of its obligations under this Agreement or any other Reorganisation Agreement, and no member of the Innovene Group may, without the prior written consent of BP p.l.c., assign the benefit of all or any of its obligations under this Agreement or any other Reorganisation Agreement.
During these periods, Innovene or Euro Holdco will procure that discretionary practices are operated in a manner that is the same as or comparable to the operation of each discretionary practice under the Transferred Arrangements immediately before the Completion Date.
The Borrower will cause a holding company (together with its successors, "US Holdco") to be formed under the laws of a state of the United States, and a holding company (together with its successors, "Euro Holdco") to be formed under the laws of a European Economic Union member nation, each as a wholly-owned direct or indirect Unrestricted Subsidiary of the Borrower.
Any variation of this Agreement shall be effected in writing and shall be signed by or on behalf of each of BP p.l.c., on behalf of the BP Parties, and Euro Holdco and Innovene, on behalf of the Innovene Parties.
Where such participation is available, Innovene or Euro Holdco will procure that, between the Completion Date and the Separation Date, new employees of an Innovene Party participating in a Retained Arrangement will be given the opportunity to join the Retained Arrangement.
Innovene or Euro Holdco will further procure that each Transferred Arrangement will for a period of at least 12 months following the Separation Date provide benefits that are the same as or comparable to the benefits provided by its relevant BP Party under such Transferring Arrangements immediately before the Separation Date.