Group Owner definition
Examples of Group Owner in a sentence
Provided a Payment Application is timely submitted, satisfies all requirements of the Contract Documents, and is approved by the initial Core Group, Owner shall make progress payments within ten (10) days of submission to the initial Core Group and otherwise in accordance with the Payment Protocol.
In the event the Owner enters into an agreement for sale of the property, or an agreement to list the property for sale, and the property is not listed for sale with The ▇▇▇▇▇▇ Group, Owner agrees Manager may terminate this agreement immediately, without any advance notice to the Owner.
Where the End-User is a Broker Group Owner and receives or uses any Broker Group Solutions then it shall be liable to pay to Royal Mail the appropriate fee in respect of each Broker Group Solution and this shall be on behalf of itself and all Brokers that participate in the same Broker Group.
To the extent requested by Group, Owner will provide contact information for suppliers typically used by the Hotel and, upon request, Owner shall procure additional or specialized supplies on behalf of the Group, at Group’s sole expense, to the extent such items are available.
To be effective, the Redemption Notice shall be in writing and shall state therein, separately, the gross amount in U.S. cash (hereinafter referred to as the "Redemption Value"), as determined in the sole and absolute discretion of the Offeror, for all of the ownership interests of each City Group Owner being offered in the Redemption Notice, for use in determining Redemption Prices pursuant to Section 16.3 hereof.
If the closing under any such contract of sale or other disposition agreement must occur before the Redemption Procedure can be completed pursuant to this Article 16, the net sales proceeds therefrom (not subject to reserves by the Manager as contemplated by the definition of "Net Sales Proceeds" herein) shall be retained on behalf of the subject City Group Owner and transferred to the Continuing Party on the Redemption Closing Date.
The failure by the Offeree to give an effective and timely Notice of Election with respect to all of the ownership interests in any City Group Owner shall conclusively be deemed an election by the Offeree to sell its City Group Interest therein for the applicable Redemption Price (as hereinafter defined), payable in cash (U.S.), and the date of the Notice of Election with respect to such deemed election shall be the thirtieth (30th) day following the giving of the Redemption Notice.
Where the End-User is an Associate Group Owner and receives or uses any Associate Group Solutions then it shall be liable to pay to Royal Mail the appropriate fees in respect of each Associate Group Solution and this shall be on behalf of itself and all Associates that participate in the same Associate Group.
To the extent requested by Group, Owner will provide Group contact information and assist in coordination with any valet service currently engaged by Hotel.
Provided a Payment Application is timely submitted, satisfies all requirements of the Contract Documents, and is approved by the Core Group, Owner shall make progress payments within thirty (30) days.