HIG Group definition

HIG Group shall have the meaning set forth in the recitals to this Agreement.
HIG Group shall have the meaning set forth in the recitals to this Agreement. “Insurance Contracts” means all insurance contracts, policies, certificates, binders, slips, covers or other agreements of insurance, including all supplements, riders, endorsements, renewals and extensions thereof produced, issued, renewed, written, and/or delivered by each Selling Insurer. “Insurer Affiliate” means an Affiliate of such Person that is a duly licensed, eligible or otherwise authorized insurance company. “Intercompany Agreements” means those agreements described on Schedule 1.1(a). “Lease Agreement(s)” means the lease agreements to which any member of the HIG Group is a party. “Liability” or “Liabilities” means a liability, obligation, commitment, expense, claim or cause of action (of any kind or nature whatsoever, whether absolute, accrued, contingent or other, and whether known or unknown). “Litigation” means any action, cause of action (whether at law or in equity), suit, proceeding, arbitration, mediation, claim or complaint by any Person, and any administrative or other similar proceeding, criminal prosecution, or investigation by any Governmental Authority.
HIG Group has the meaning specified in the Equityholders Agreement.

Examples of HIG Group in a sentence

  • CPRE shall cause each member of the HIG Group to transfer to the relevant Tower Entities or, at their direction, an Affiliate thereof, assets of any employee benefit plan maintained by any member of the HIG Group covering the members of the Employee Group, including the Transferred Employees and the Non-Transferred Employees, and the relevant Tower Entities shall assume any and all Liabilities related to or arising out of such plans.

  • The members of the HIG Group shall retain, and none of TRM, the Purchasing Insurers or any other Tower Entity shall assume, any Liabilities of any member of the HIG Group or any other CPRE Entity set forth in this Section 2.4, as such Liabilities exist as of the Closing and regardless of when discovered or reported (collectively, the “Excluded Liabilities”).

  • With respect to any Transferred Employee who is a party to an employment agreement with the HIG Group (each agreement and “Employment Agreement”), each Purchasing Insurer shall use commercially reasonable efforts to obtain, on or prior to the Transfer Date, the consent of such Transferred Employee to the termination of such Employment Agreement.

  • Those employees who are not Transferred Employees will be referred to as “Non-Transferred Employees.” On the Closing Date, CPRE shall, or shall cause the appropriate members of the HIG Group to, terminate the employment of all Non-Transferred Employees.

  • Each Purchasing Insurer shall be responsible for any and all Liabilities with respect to, in connection with, or arising out of the termination of any Employment Agreement between a member of the HIG Group and any member of the Employee Group.

  • All sales, assignments and transfers of the Transferred Assets to TRM or any other Tower Entity, as directed by TRM, hereunder will be evidenced by one or more Bills of Sale and General Assignment Agreements, which will be executed and delivered by each member of the HIG Group, as applicable, on the Closing Date.

  • CPRE shall, and, following the closing of the transactions contemplated by the Stock Purchase Agreement, shall cause each member of the HIG Group to, comply with all Applicable Laws relating to the performance by CPRE and the members of the HIG Group of their duties and obligations under this Agreement and the Ancillary Agreements.

  • The Transferred Assets shall not include, or otherwise be deemed to include any of the following (collectively, the “Excluded Assets”): (i) the Insurance Contracts; (ii) any shares of the share capital of any member of the HIG Group or any other equity security issued by any member of the HIG Group; and (iii) those other properties, assets and rights expressly identified on Exhibit A.

  • On and after the Closing Date, CPRE shall cause each member of the HIG Group to release such Transferred Employees from any restrictive covenant in any employment agreement that would impede, directly or indirectly, such Transferred Employee, from accepting the Offer of Employment.

  • The CPRE Entities, including CPRE (i) have conducted on their own behalf a due diligence examination of the operations, assets, books and records of the HIG Group, including the Selling Insurers, and (ii) have determined to enter into this Agreement and the Ancillary Agreements based on such due diligence examination and the representations, warranties, covenants and undertakings of TRM and the Purchasing Insurers herein and in the Ancillary Agreements.


More Definitions of HIG Group

HIG Group means, collectively, HIG and any Transferee of any of the Equityholder Securities held by a member of the HIG Group during the term hereof (other than a member of the Executive Group, Paribas Group or PCF Group) excluding any Transferee of Equityholders sold in a Public Sale.
HIG Group means the Purchaser, together with its Affiliates, including H.I.G. Affiliates.
HIG Group shall have the meaning set forth in the Investment Agreement.
HIG Group means the Purchaser, together with its Affiliates, including H.I.G. Affiliates. “H.I.G. Indemnitors” shall have the meaning set forth in Section 4.09.

Related to HIG Group

  • Member means a member of the Board;

  • Promoter Group means such persons and entities constituting the promoter group as per Regulation 2(1)(pp) of the SEBI ICDR Regulations.

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • Minority Group means any of the following racial or ethnic groups:

  • the Group means the Company and its subsidiary undertakings (if any); and

  • VAT Group means a group for the purposes of the VAT Grouping Legislation.

  • Affiliated Group means any affiliated group within the meaning of Section 1504(a) of the Code or any similar group defined under a similar provision of state, local or foreign law.

  • Corporate Group means the Corporation and its Subsidiaries treated as a single consolidated entity.

  • Minority or Women-Owned Business Enterprise means a business enterprise, including a sole proprietorship, partnership or corporation that is:

  • Xxxxxx Group shall have the meaning set forth in Section 9.2(b) hereof.

  • Minority Owned Business Enterprise or "MBE" means a firm awarded certification as a minority owned and controlled business in accordance with City Ordinances and Regulations as well as a firm awarded certification as a minority owned and controlled business by Cook County, Illinois. However, it does not mean a firm that has been found ineligible or which has been decertified by the City or Cook County.

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Member Company means a “service recipient” as defined in Treasury Regulation § 1.409A-1(h)(3).