Group Company definition

Group Company of a Company means

Group Company any company which is a holding company or subsidiary of the Company or a subsidiary of a holding company of the Company.

Group Company means any company which is a subsidiary or holding company of the Tenant or a subsidiary of such holding company (as the terms "subsidiary" and "holding company" are defined in section 1159 of the Companies Act 2006);

Examples of Group Company in a sentence

• The Issuer shall procure that no Group Company provide any security over any of its assets other than; Security securing the obligations under the Finance Documents and the FRN Bonds; and Arising as a result of law or otherwise made to comply with the obligations of any Group Company under any applicable law.

• The Issuer shall procure that no Group Company incurs any Financial Indebtedness other than: loans between Group Companies; liabilities arising as result of the approval of a distribution until such distribution is made; the FIX Bonds; and liabilities incurred with the prior consent of the Trustee.

• The Issuer shall, and shall procure that each other Group Company will, in all material respects obtain, maintain and comply with the terms of any authorisation, approval, license and consent required for the conduct of its business as carried out at the date of these Terms and Conditions if a failure to do so would have a Material Adverse Effect.

• The Issuer shall procure that no Group Company provide any security over any of its assets other than; Security securing the obligations under the Finance Documents and the FIX Bonds; and Arising as a result of law or otherwise made to comply with the obligations of any Group Company under any applicable law.

• The Issuer shall not carry out (i) any merger or other business combination or corporate reorganization involving the consolidation of assets and obligations with any other person other than with a Group Company; or (ii) any demerger or other corporate reorganization having the same or equivalent effect as a demerger; if such merger, demerger, combination or reorganization is reasonably likely to have a Material Adverse Effect.

More Definitions of Group Company

Group Company means any one of them.

Group Company means each of the Company and all of its direct or indirect Subsidiaries, and “Group” refers to all of the Group Companies collectively.

Group Company means any one of them;

Group Company means any of the Company and its Subsidiaries.

Group Company means any subsidiary or holding company of the Appointee and any subsidiary of any holding company of the Appointee (other than the Appointee);

Group Company means any member of the Group;

Group Company means a member of the Group and “Group Companies” will be interpreted accordingly;