Target Group Companies definition
Examples of Target Group Companies in a sentence
Each Target Benefit Plan can be terminated at any time for any or no reason by the Target Group Companies without any past, present or future Liability or obligation to the Target Group Companies (other than solely administrative expenses related to such termination).
As of the date of this Agreement, none of the Target Group Companies have received any written notice of default or cancellation of any such policy.
Each of the Target Group Companies is duly incorporated or organized, validly existing and in good standing under the Law of its jurisdiction of incorporation or organization.
Where applicable, CIGL shall, and shall cause the Surviving Sub to, maintain the Target D&O Tail in full force and effect for their full terms and cause all obligations thereunder to be honored by the Target Group Companies, as applicable, and no other party shall have any further obligation to purchase or pay for such insurance pursuant to this Section 6.9(i)(b).
There are no bonds, debentures, notes or other instruments of indebtedness of the Target Group Companies that entitle the holder of such instruments of indebtedness to vote together with the Target Shareholders on any matters with respect to any Target Group Company.