GPM Group definition

GPM Group means, for so long as such Persons hold Partnership Interests, GPM, WOCSE, Admiral, MEOC and each transferee of Partnership Interests directly or indirectly (in a chain of title) from GPM, WOCSE, Admiral, or MEOC (unless GPM, WOCSE, Admiral, or MEOC, as applicable, determines that such transferee will not be a member of the GPM Group at the time of such Transfer).
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GPM Group means GPM’s subsidiaries, GPM, ACS, and ARKO, which, for avoidance of doubt, following the Effective Time does not include any members of the APC Group.
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Examples of GPM Group in a sentence

  • As of the Coverage End Date, the coverage under all Shared Policies shall continue in force only for the benefit of the GPM Group and not for the benefit of the APC Group.

  • Subject to any limitations imposed by applicable Law, GPM and APC (acting directly or through members of the GPM Group or the APC Group, respectively) shall provide to the other and their respective representatives, agents and vendors all information relevant to the performance of the parties to this Agreement.

  • To the extent (i) any self-insured retention or deductible must be shared because a Covered Claim relates to both the GPM Group and the APC Group or (ii) the policy maximum is reached in any policy year, APC (acting through its Conflicts Committee) and GPM shall negotiate in good faith to determine a fair and equitable allocation.

  • The parties recognize that legal and other professional services will be provided following the Effective Time to each of the GPM Group and the APC Group.

  • Nothing in this Agreement shall prohibit GPM or any other member of the GPM Group from amending, modifying or terminating any GPM Benefit Plan at any time within its sole discretion, provided that any such amendment, modification or termination shall not relieve GPM or any member of the GPM Group from any obligation herein.

  • The provisions of this Agreement are solely for the benefit of the parties hereto (and the other members of the GPM Group and the APC Group) and nothing in this Agreement, express or implied, is intended to or shall confer upon any other Person or Persons any rights, benefits or remedies of any nature whatsoever under or by reason of this Agreement, including any employee, former employee (and each of the foregoing Person’s dependents and beneficiaries) of the GPM Group, APC or the APC Group.

  • Furthermore, nothing in this Agreement is (a) intended to confer upon any employee or former employee of GPM, APC or any member of the GPM Group or the APC Group any right to continued employment, or any recall or similar rights to an individual on layoff or any type of leave, or (b) to be construed to relieve any insurance company of any responsibility for any employee benefit under any Benefit Plan or any other Liability.

  • The Parties further recognize that certain of such post-IPO services will be rendered solely for the benefit of the GPM Group or the APC Group, as the case may be, while other such post-IPO services may be rendered with respect to claims, proceedings, litigation, disputes, or other matters which involve both the GPM Group and the APC Group.