Examples of Retained Group in a sentence
The Purchaser shall procure that all licences of any Intellectual Property or rights in Business Information owned by the Target Group granted to any member of the Retained Group prior to the date of this Agreement (including the right to use the MRLD and MRLD Solutions trade marks) shall continue following Completion and the Seller shall promptly inform the Purchaser of any such licences of which it may be aware or become aware from time to time.
The Warrantors shall provide the Buyer with copies of all material correspondence with HMRC in relation to securing that such members of the Retained Group are excluded from the Flamstead Holdings VAT Group, and shall keep the Buyer informed of the progress of the application for exclusion.
Relationships (a) Without prejudice to the transactions to be implemented in connection with the UK Pension Reorganization, the Buyer shall procure that at Closing each Sellers’ Retained Group Company identified on Exhibit 10.4 is released in full from the Third Party Guarantee(s) identified on Exhibit 10.4 and given by it in respect of obligations of AOAG (including obligations of New AOAG transferred to it as a result of the AOAG Contribution), or any of the Target Group Companies as set forth therein.
With respect to any of the Sellers’ Retained Group Companies which are not released in full from such Third Party Guarantee(s) on Closing, a Buyer Designee to be agreed upon by the Buyer and General Motors shall enter into a back to back guarantee with any such Sellers’ Retained Group Companies in its capacity as guarantor.
Our Directors estimate that the maximum annual fee of the Engineering Services to be provided by our Group to the Retained Group under the Engineering Services Agreement for each of the three years ending December 31, 2016 will not exceed RMB15,500,000, RMB16,000,000 and RMB16,500,000, respectively.