Kosmos Group definition
Kosmos Group means Kosmos and its Affiliates from time to time.
Kosmos Group means Kosmos and all its subsidiary undertakings, all its holding companies and all other subsidiary undertakings of each of its holding companies and “Kosmos Group Company” shall mean any one of them;
Kosmos Group means Kosmos and all its subsidiary undertakings, all its holding companies and all other subsidiary undertakings of each of its holding companies and “Kosmos Group Company” shall mean any one of them; “LCIA” has the meaning given in Clause 34.2 (Governing law and jurisdiction); “Leakage” has the meaning given in Clause 7.1 (Leakage); “Licence Areas” means the areas on which oil and gas exploration, development and/or production are authorised pursuant to the PSC Licence; “Long Stop Date” means 31 December 2017 or such other date as the Parties may agree in writing; “Loss” or “Losses” means all losses, liabilities, actions and claims, including charges, costs, damages, fines, penalties, interest and all legal and other professional fees and expenses, including, in each case, all related Taxes; “MAC Event” means any change in the physical condition of the assets of the Group Companies, the Business, the financial condition or the operations of any of the Group Companies occurring from the date of this Agreement that results in or has resulted in a Material Effect, provided that under no circumstances shall a MAC Event result in any way from an Excluded Matter; “Maintained Affiliate Contracts” has the meaning given in Clause 9.3 (Post-Completion Covenants); “Marketing Services Agreement” means the marketing services agreement dated 15 December 2016 between Hess International Sales LLC and the Subsidiary; “Material Contract” means a contract, agreement, arrangement, guarantee or indemnity to which a Group Company is a party, from which a Group Company benefits or which imposes obligations on a Group Company, in each case which (a) involves payments or receipts by a Group Company of more than USD 1 million over its term; (b) involves the giving of a guarantee or indemnity by a Group Company which could reasonably be expected to result in a payment of more than USD 1 million; or (c) is not on arm's length terms; “Material Effect” means:
Examples of Kosmos Group in a sentence
Neither Party shall make, and Kosmos shall procure that no other member of the Kosmos Group shall make, any public comment or comment to the press or other media concerning this Agreement save to say in response to any question asked that the disputes between the Parties have been settled on terms satisfactory to both Parties.