QRG Group Entity definition

QRG Group Entity means the Company and each of its Subsidiaries and Affiliates and each Entity that is an Affiliate of the Seller (which term shall include QRG Ireland but such term shall for the avoidance of doubt exclude QRG Mauritius, QRG Singapore, QRG US and [*]) which is directly or indirectly involved in the performance of the Company Business (which term shall include the Seller where applicable), and “QRG Group Entities” means all of them. [*] Certain information in this paragraph has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.
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Examples of QRG Group Entity in a sentence

  • There is no Contract (non competition or otherwise) or Order to which any QRG Group Entity is a party or otherwise binding upon any QRG Group Entity which has the effect of prohibiting or impairing any business practice of any QRG Group Entity or the Company Business, or otherwise limiting the freedom of any QRG Group Entity to engage in any line of business or to compete with any Person.

  • No QRG Group Entity has received any notice from any Governmental Entity regarding any actual or alleged violation of Environmental Laws, or any liabilities or potential liabilities for investigation costs, cleanup costs, response costs, corrective action costs, personal injury, property damage, natural resources damages or attorney fees under Environmental Laws.

  • Each reserve established by any QRG Group Entity (i) is reflected on the Company Balance Sheet or the QRG Ireland Financial Statements (as appropriate), and (ii) has been established in accordance with GAAP or other generally accepted accounting principles applicable to such Entity and is adequate for the purposes for which such reserve was established.

  • Without limiting the generality of the foregoing, no QRG Group Entity has entered into any Contract under which any QRG Group Entity is restricted from selling, licensing, manufacturing or otherwise distributing any of its Company Intellectual Property or Company Products.

  • Each QRG Group Entity is only registered for VAT purposes, including any foreign equivalents of VAT, in the jurisdiction in which it is incorporated, and no QRG Group Entity is or has ever been a member of a group for VAT purposes.

  • No QRG Group Entity has engaged in any transaction, maintained any bank account or used any corporate funds except as reflected in its normally maintained Books and Records.

  • There are no outstanding or authorised share appreciation, phantom share, profit participation, or other similar, rights with respect to any QRG Group Entity.

  • No request for an exchange of information regarding Tax relating to any QRG Group Entity or in relation to the Company Business has been made by any Governmental Entity.

  • All Company Shares are duly authorised, validly issued and fully paid and are not subject to pre-emptive rights created by statute, the Governing Documents, or any Contract to which any QRG Group Entity, or any of their respective assets, is a party or by which it is bound.

  • Each QRG Group Entity is resident for tax purposes in the countries in which they were incorporated and nowhere else.