Group Entities definition
Examples of Group Entities in a sentence
The outstanding Equity Interests in the Group Entities have been duly authorized and validly issued and are fully paid and non-assessable, are not subject to any Rights, preemptive rights or rights of first refusal and were not issued in violation of any Rights, preemptive rights or rights of first refusal.
Purchaser and the Group Entities or their respective Affiliates shall have the right to (but shall not be required to, unless so requested by Sellers) withhold and set off, without duplication, against any amount otherwise due to be paid to Sellers pursuant to this Section 2.08, any amounts that Purchaser or the Group Entities or any of their respective Affiliates have a right to receive pursuant to the terms of this Agreement, including Article IX.
The Group Entities own or otherwise have a valid, enforceable, and sufficient right pursuant to a written agreement to use all IT Systems.
The Group Entities have in place adequate business continuity and disaster recovery plans, which are regularly tested.
No Business Intellectual Property is subject to any Order prohibiting or restricting any Group Entities use, ownership, enforcement, or other exploitation or disposition thereof.