Material Group Companies definition

Material Group Companies means: 2.1.55.1 each Obligor; and 2.1.55.2 any Group Company from time to time that is not a Non-Material Group Company,
Material Group Companies means, as the context requires, all of them.
Material Group Companies means, at any time:

Examples of Material Group Companies in a sentence

  • The Issuer shall, and shall make sure that the Material Group Companies, (i) comply in all material respects with all laws and regulations applicable from time to time and (ii), obtain, maintain, and in all material respects comply with, the terms and conditions of any authorisation, approval, licence or other permit required for the business carried out by a Material Group Company.

  • Except as set forth in Section 3.5(a) of the Disclosure Schedule, none of the Material Group Companies and, to the Knowledge of the Seller Parties, none of the Recently Acquired Group Companies has made any changes in its accounting methods or principles since the Balance Sheet Date.

  • The Issuer shall provide a list of the Material Group Companies in connection with delivery of its Annual Financial Statements.

  • Nomination of Material Group Companies and Guarantor Coverage Ratio).

  • Without limiting Clause 13.2 (Compliance with laws), the Issuer shall, and shall procure that all other Material Group Companies will, conduct all business transactions with any Affiliate at market terms and otherwise on an arm’s length basis.


More Definitions of Material Group Companies

Material Group Companies means the Companies and the entities listed in Schedule (C);
Material Group Companies means, jointly, the Company and the Material Subsidiaries.
Material Group Companies means Group Companies, other than the Recently Acquired Group Companies.
Material Group Companies means the Original Guarantors, the Issuer and any Group Company who is nominated as such by the Issuer in accordance with Clause 13.12 (Nomination of Material Group Companies).
Material Group Companies means: 1. 1.72.2. any Group Company from time to time that is not a Non- Material Group Company, and "Material Group Company" means, as the context requires, any one of them. 1.1.73. "Month" means, in relation to an Interest Period (or any other period for the accrual of commission or fees), a period starting on one day in a calendar month and ending on the numerically corresponding day in the next calendar month, subject to adjustment in accordance with the rules specified as Business Day Conventions in the Reference Rate Terms. 1.1.74. "Non-Material Group Company" means, at any time, a member of the Group (other than an Obligor) which had EBITDA (determined on the same basis as Consolidated EBITDA) or gross assets in its most recently ended Financial Year (on a consolidated basis taking into account it and its Subsidiaries only) less than or equal to 10% (ten percent) of Consolidated EBITDA (but including, for these purposes only, the net income of any Project Finance Subsidiaries) or gross assets of the Group (calculated according to the most recent set of audited consolidated financial statements delivered pursuant to clause 19.1 (Financial Statements)). Compliance with the aforementioned condition shall be determined by reference to the latest audited financial statements of such member of the Group (consolidated in the case of a member of the Group which itself has Subsidiaries), provided that: 1.
Material Group Companies means the Issuer, the Parent, any Guarantor and any GroupCompany who is nominated as such by the Issuer in accordance with Clause 14.14 of the Terms and Conditions.
Material Group Companies means the Issuer, Midco, any Guarantor and any Group Company that is nominated as such by the Issuer in accordance with "Nomination of Material Group Companies" under "General Undertakings" above.