Retained Group definition

Retained Group means the Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (except members of the Group);

Retained Group means the Seller’s Group other than the Wider Group;

Retained Group means the Seller and any other company or companies (other than the Target Company) which either are or become after Closing, or have within the six years ending at Closing been, treated as members of the same group as, or otherwise connected or associated in any way with, the Seller for any tax purpose; Surrender means:

Examples of Retained Group in a sentence

• Upon completion of the Proposed Restructuring, the Retained Group shall continue to be engaged in paper manufacturing business conducted through UPPSD.

• For the same period, the Buyer agreed not to solicit any person who was then or had recently been an employee or officer of a member of the Retained Group (as defined therein), subject to certain exceptions.

• A Group Reorganisation and Creditor Scheme which split the Group into a group comprising the Company and certain subsidiaries retained under the control of the Company (the “Retained Subsidiaries”) (altogether with the Company referred to as the “Retained Group”) and a group comprising the other subsidiaries to be held outside the Retained Group (the “Scheme Subsidiaries”) by a special purpose vehicle (the “Schemeco”) wholly-owned by the Administrators of the Creditor Scheme (the “Administrators”).

• The Directors are confident that upon the completion of the Proposed Restructuring, the Retained Group’s business and financial position will be improved and the Retained Group will have sufficient level of operation to maintain its listing status.

• The net cash flows used in the Central Kitchen Business and spent on the certain expenses attributable/allocated to the Spin-off Business or the net cash flows generated by the Central Kitchen Business were funded by the Retained Group or kept in the bank accounts of the Retained Group, which is reflected in “Net contribution from (return to) the Retained Group” under cash flow.

More Definitions of Retained Group

Retained Group means the Seller Group and any other company or companies (other than any Target Company or any Subsidiary) which either are or become after Closing, or have within the seven years ending at Closing been, treated as members of the same group as, or otherwise connected or associated in any way with, the Seller for any tax purpose; tax means (a) taxes on income, profits and gains, and (b) all other taxes, levies, duties, imposts, charges and withholdings in the nature of taxation, including any excise, property, value added, sales, transfer, franchise and payroll taxes and any national insurance or social security contributions, together with all penalties, charges and interest relating to any of the foregoing in (a) or (b) above or to any late or incorrect return in respect of any of them (save penalties, charges and interest insofar as attributable to the delay or default after Closing of any Target Company, any Subsidiary or the Purchaser or any member of the Purchaser Group that is not directly attributable to a breach by the Seller of any of its representations, warranties or covenants hereunder); tax authority means any taxing or other authority competent to impose any tax liability anywhere in the world; tax claim means:

Retained Group means, in respect of each Seller, that Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (excluding the Purchaser, that Seller’s Target Company and any subsidiaries or subsidiary undertakings of that Target Company);

Retained Group means the Seller and any subsidiary undertaking or any holding company from time to time of the Seller, or any subsidiary undertaking of such holding company other than the EDS Entities;

Retained Group means, with the exception of the members of the Company Group, the Parent, its Subsidiaries and any Subsidiary of any such Subsidiary from time to time.

Retained Group means the Group excluding the EPCI HK Group and the EPCI Singapore Group and “Retained Group Company” means any one of them;

Retained Group means the Seller’s Group excluding the Group Companies;

Retained Group means the Sellers, their subsidiaries and subsidiary undertakings from time to time, any holding company of each Seller and any other subsidiaries or subsidiary undertakings of any such holding company (except JV1, JV2, any member of the Target Group and Infrastructure Newco) and excluding INEOS Newco