SeraNova Group definition

SeraNova Group means SeraNova, each Subsidiary of SeraNova and each other Person that is controlled directly or indirectly by SeraNova immediately after the Closing Date.
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SeraNova Group means SeraNova and its Subsidiaries as of (and, except where the context clearly indicates otherwise, after) the Effective Time (including all predecessors to
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SeraNova Group means SeraNova and the SeraNova Subsidiaries (other than any member of the Intelligroup Group) including the predecessor operations of SeraNova which were formerly a division of Intelligroup and which were contributed to SeraNova and all SeraNova Subsidiaries for any historical periods prior to the contribution of such subsidiaries to SeraNova. "SeraNova Subsidiaries" means all past, present and future subsidiaries of SeraNova, regardless of whether such subsidiary was directly owned by the SeraNova Group at such time. As of the date of this Tax Sharing Agreement, such subsidiaries include the SeraNova Limited, Azimuth Companies, NetPub, and Intelligroup India, all as defined in the Distribution Agreement between SeraNova and Intelligroup, executed contemporaneously with the execution of this Tax Sharing Agreement.
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Examples of SeraNova Group in a sentence

  • In such event, Intelligroup and SeraNova agree to take all such reasonable action as may be necessary to permit the applicable members of the Intelligroup Group or the SeraNova Group to borrow such amount as is mutually agreed.

  • Each party shall, upon request, furnish all information and provide assistance to the appropriate members of the SeraNova Group or the Intelligroup Group, as applicable, and cooperate in every reasonable way to facilitate the defense and/or settlement of any such Claim.

  • Any member or members of the SeraNova Group or the Intelligroup Group, as applicable, may by notice to the applicable member or members of the SeraNova Group or the Intelligroup Group, as applicable, demand arbitration, by serving on the other party a statement of the Dispute and the facts relating or giving rise thereto, in reasonable detail, and the name of the arbitrator selected by it.

  • Intelligroup agrees to pay and satisfy when due the Liabilities not expressly assumed hereunder by the SeraNova Group.

  • The relative fault of the applicable member or members of the Intelligroup Group, on the one hand, and the applicable member or members of the SeraNova Group, on the other hand, shall be apportioned as is appropriate to reflect not only the relative benefits achieved but also the relative fault assessed with respect to the Disputed Intellectual Property.

  • On a case-by-case basis, Intelligroup shall consider in good faith any request by SeraNova to have Intelligroup or any other member of the Intelligroup Group provide a contractual guaranty of a lease or other contractual obligation of any member of the SeraNova Group.

  • Except as set forth on EXHIBIT E, the SeraNova Group shall not otherwise acquire, discharge, assume or become responsible for any Liabilities of Intelligroup.

  • Intelligroup shall be entitled to receive, and shall be paid, subject to Section 3.4 and Section 3.5 hereof, by SeraNova, the amount of any Intelligroup Tax Benefits for any Taxable period or portion of a Taxable period ending or deemed to end on or before the Distribution Date with respect to any Return which properly includes any member of the SeraNova Group.

  • Intelligroup shall be entitled to receive, and shall be paid by SeraNova, Intelligroup's share, as determined in Section 2.3(c) below, of any Non-Line of Business Adjustment the amount of which decreases a Tax for any Taxable period or portion of a Taxable period ending or deemed to end on or before the Distribution Date with respect to any Return which properly includes any member of the SeraNova Group.

  • On a case-by-case basis, Intelligroup shall ----------------- consider in good faith any request by SeraNova to have Intelligroup or any other member of the Intelligroup Group provide a contractual guaranty of a lease or other contractual obligation of any member of the SeraNova Group.