Thales Group definition
Examples of Thales Group in a sentence
If any such releases are not obtained prior to the Closing Date, Buyer shall provide a counter-guarantee to the relevant Seller or other member of the Thales Group, effective as of the Closing Date.
In regard to the Tax and other economic considerations related to such investment, each member of the Thales Group has relied on the advice of, or has consulted with, only its own professional advisors.
Nice will procure that all monies or other items which are received by any member of Nice Group on or after Completion in connection with any business of any member of the Thales Group which is not acquired pursuant to this Agreement shall, as soon as reasonably practicable and in any event within 7 days, be passed or paid to Thales or such member of the Thales Group as Thales may direct and, pending such passing or payment, shall be held on trust for Thales or such member.
Each member of the Thales Group also understands that except as provided for under the Registration Rights Agreement, Nice is under no obligation to register the resale by any member of the Thales Group of Nice Shares or to assist it in complying with any exemption from registration under applicable United States federal or state securities laws or under the Israel Securities Law and regulations promulgated thereunder.
For the purposes of this Agreement “Non-Specific IP” means that Intellectual Property owned by any entity of the Thales Group which is used by the Companies or Company Subsidiaries and is not specific to the e-Transaction Business, all such Intellectual Property being listed in Schedule 3 of Exhibit B-1 hereto.
Thales Group has disclosed to any third party any source code or algorithms relating to any software owned (either solely or jointly) by any of the Companies or by any member of the Thales Group in relation to the Business.
Thales agrees that it will if so requested by Nice use or procure that the Companies or other members of the Thales Group shall use all reasonable endeavours (at the expense of Nice) to assist in the collection of the Accounts Receivable.
The Thales Group applies the internal control principles laid down in the American framework (Committee of Sponsoring Organizations of the T▇▇▇▇▇▇▇ Commission) and the professional standards of IIA (Institute of Internal Auditors) and its French affiliate IFACI (Institut Français de l’Audit et du Contrôle Interne).