MOL Group definition

MOL Group means MOL Plc and those companies wherein on supreme body MOL Plc, directly or indirectly, bears more than 50 % of votes or where MOL Plc, directly or indirectly, exercises majority ownership or otherwise controlling rights based on a contract concluded with the other owner(s).
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MOL Group means MOL and its Subsidiaries.
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MOL Group means MOL Hungarian Oil and Gas Public Limited Company (seated: 1117 Budapest, Október huszonharmadika utca 18; hereinafter: “MOL Plc”) and companies registered in Hungary or abroad where MOL Plc has direct or indirect share, independently from the extent of MOL Plc’s share.
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Examples of MOL Group in a sentence

  • All risks are integrated and measured at the MOL Group level using Value at Risk concept.

  • The use is only allowed with the written permission of MOL Group.

  • This provision shall not apply to the information handed over to MOL Group members.

  • The Board of Directors, as the Company’s primary decision-making body, discusses and decides the most important matters connected with MOL Group management, as well as supervises business operations.

  • In addition, MOL addresses any important business items of MOL Group companies, as matters to be approved by MOL, as well as receives reports on the progress of their business plans, etc., and provides guidance and advice appropriately, thereby improving the corporate value of the MOL entire group.

  • After assessing and analyzing the quantitative value of risks provided by reports, the Board of Directors and other decision-making bodies make investment decisions, and control risks for all businesses of the MOL Group.

  • The financial statements of the Company are included in the consolidated financial statements of the SLOVNAFT Group which are part of the consolidated financial statements of the MOL Group.

  • MOL has established regulations including Group Company Management Regulations and Group Company Management Practical Guidelines, aiming at appropriately managing MOL Group companies.

  • MOL Group companies have formulated their own compliance systems, in accordance with their corporate scales and industrial categories as independent corporations.

  • With these initiatives, MOL oversees the business operations of MOL Group companies.

Related to MOL Group

  • Control Group means the Company and its Affiliates.

  • DBS Group means any of DBS’s subsidiaries, DBS’s holding company and any subsidiaries of DBS’s holding company;

  • 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;

  • SAP Group means SAP Parent and any of its Associated Companies.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

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

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • 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.

  • Parent Group has the meaning set forth in Section 8.03(c).

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

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

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • Related Group For Loan Group 1, Group 1 and for Loan Group 2, Group 2.

  • Promoter Group means an immediate relative of the Promoter (i.e. spouse of that person, or any parent, brother, sister or child of the person or of the spouse); persons whose shareholding is aggregated for the purpose of disclosing in the offer document “shareholding of the promoter group”.

  • Restricted Group means, collectively the Company, its subsidiaries, the members of the Sponsor Group and their respective Affiliates.

  • Group the Company and its subsidiaries

  • Participating Companies means any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.

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

  • Service Group means any one or more (as the context may require) of the service groups described in this Schedule;

  • ITT has the meaning given to it in the recitals to this Framework Agreement;

  • Participating Subsidiaries means the Subsidiaries that have been designated as eligible to participate in the Plan, and such other Subsidiaries that may be designated by the Committee from time to time in its sole discretion.

  • SpinCo shall have the meaning set forth in the Preamble.

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

  • Designated Group means - i) Black designated groups; ii) Black People; iii) Women; iv) people with disabilities or v) Small enterprise, as defined in Section 1 of National Small Enterprise Act, (102 of 1996)

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3