Operating Group definition

Operating Group means those Persons listed on Schedule 3.02 as members of the “Operating Group” thereon, and which shall include the Borrower, Holdings, FHC and all other current or future direct or indirect Subsidiaries (other than Excluded Subsidiaries) of CCRF, ZB, Holdings and FHC (including, without limitation, each member of the FRIC Group).

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Operating Group means Singapore Operating Company, Italian Operating Company and Twinstar.

Operating Group means the Operating Group Companies. “Operating Group Company” means each of:

Examples of Operating Group in a sentence

• If, as a result of an exchange pursuant to the Exchange Agreement, Och-Ziff or any of its Subsidiaries (excluding any Operating Group Entity and any Subsidiary of an Operating Group Entity) acquires (in any manner) any Class A Common Units, each such Class A Common Unit will automatically convert into one Class B Common Unit, unless otherwise determined or cancelled.

• Upon a Dissolution Event, or in the event that any Ares Operating Group entity liquidates, dissolves or winds up, no Ares Operating Group entity may declare or pay or set apart payment on its Junior Units unless the outstanding liquidation preference on all outstanding GP Mirror Units of each Ares Operating Group entity have been repaid via redemption or otherwise.

• At all times, each PSI Limited Partner will conditionally own an equal number of PSIs in the Partnership and each of the other Operating Group Entities.

• Subject to the foregoing, the holders of a majority of the Operating Group Class A Preferred Units then outstanding may at any time remove members from, or appoint replacement or additional members to, the Holders’ Committee and shall appoint at least one member promptly if at any time thereafter the Holders’ Committee has no members.

• Concurrently with the formation and the commencement of operations of such Operating Group Entity, the Company shall deliver a certificate to the Holders’ Committee certifying as to its compliance with the provisions of this Section 3(b)(ii).

More Definitions of Operating Group

Operating Group means, as applicable, the group of Prestige Operating Entities, Medtech Operating Entities, Spic and Span Operating Entities, Comet Operating Entities or Denorex Operating Entities.

Operating Group means a designated identifiable group of employees or a designated division, location or operation of an Employer.

Operating Group means each member of the Group save for the Issuer. “Operating Subsidiary” means each member of the Operating Group. “Permitted Financial Indebtedness” means any Financial Indebtedness:

Operating Group means each member of the Group save for the Issuer. “Operating Subsidiary” means each member of the Operating Group.

Operating Group means HBW Holdings, Inc., a Delaware corporation, and its Subsidiaries.

Operating Group s Federal Taxable Income" for a Taxable Period shall mean the consolidated Federal taxable income (including, for all purposes of this Agreement, alternative minimum taxable income) for such Taxable Period that the Operating Group would have reported if it had not been included in the Parent's consolidated Federal income tax return filed with respect to such Taxable Period but instead Operating Co. had filed its own consolidated return with all of its Subsidiaries for such Taxable Period; provided, however, that in computing such taxable income, the Operating Group shall not take into account any amounts paid or payable by Parent to Operating Co. or any of its Subsidiaries generally under Paragraphs 2, 7 or 9 hereof. In computing such taxable income, the Operating Group shall be entitled to take into account deductions and credits attributable to the carryover or carryback of any deductions, losses or credits of Operating Co. or any of its Subsidiaries only after taking into account any limitations on the use of such deductions, losses and credits imposed pursuant to Sections 170, 172, 382, 383, 384, 904 or 1212 of the Code or by Treasury Regulations Sections 1.1502-15, 1.1502-20, 1.1502-21 or 1.1502-22.

Operating Group means the Issuer and all its Subsidiaries from time to time, excluding the Property Companies.