FME Group definition
Examples of FME Group in a sentence
This provision governs the allocation of such contracts to which only one or more members of the Group Companies of one Party on the one side and at least one party that neither A50814737/25.0/30 Nov 2023 belongs to FME Group nor FSE Group (“Third Party”) are a party, but under which also one or more members of the respective other Party’s Group Companies have procured goods or otherwise benefitted from the services that are offered by the Third Party under such contract (“Shared Contract(s)”).
The Parties shall procure that, during this period, the respective FME Group company and FDT shall continue the service relationship in line with its nature and the relevant legal requirements, in particular, the Parties shall ensure that a respective service level agreement exists and FDT does not have any right, power or authority of, and will not exercise any A50814737/25.0/30 Nov 2023 supervision or control over and not issue any instructions to FME Group company’s employees.
If any FME Group entity or FSE Group entity is the recipient of a VATable Supply, FME or FSE, as the case may be, shall procure that the respective FME Group entity or FSE Group entity, as the case may be, complies with the obligation stated in Clause 7.7.1 sentence 2.
In case of any infringement of rights, damage or other impairment caused by an FSE Group Company or an FME Group Company attributed to FSE or FME, respectively, pursuant to Clause 11.2.1(iv) (Centralized Loss), Clause 10 (Liability) shall apply for the benefit of FSE or FME, respectively.
FME enters into this Amendment No. 2 in its own name and for the benefit of its Affiliates (FME together with its Affiliates hereinafter referred to as "FME Group" and each of FME and its Affiliates separately referred to as a "Customer").
In respect of any employee costs triggered by the Transfer of Employees, the Parties shall agree in good faith a reasonable allocation of such costs, taking into account in respect to an employee who has been identified as a Housing Employee whether projected costs have been included in the service fees paid by FDT to the FME Group company.
It Is understood by the Parties that the separation of FME Group from FSE Group under this Agreement shall occur on the Conversion Effective Date to the extent this is feasible for the Parties and as set forth in this Clause 2 (Separation), whereas certain other activities required for the separation require that one Party or a member of its Group provides certain transitional services to the other Party and its Group members before a migration of such activity can made.
FME shall – subject to Clause 6.1.5 (Transfer of Documents and data) – ensure that all Documents existing at the Conversion Effective Date at members of FME Group are transferred to the relevant member of FSE Group to the extent that they are exclusively or predominantly attributable to FSE Group.
If any FME Group entity or FSE Group entity is the recipient of a VATable Supply, FME or FSE, as the case may be, shall procure that the respective FME Group entity or FSE Group entity, as the case may be, complies with the obligation stated in Clause 8.
The Service Provider may terminate a Service at any time with immediate effect by notice to the Service Recipient if the Service Recipient ceases to be a member of FME Group or FSE Group, respectively.