Transit Group definition

Transit Group means, collectively, the Borrower (with respect to the "transit" segment of its business), Guarantors and any other Domestic Subsidiary that is part of the "transit" segment of the Borrower's business.
Transit Group means Transit and its Subsidiaries.
Transit Group means the Borrower (with respect to the "transit" segment of its business), the Subsidiaries identified on Schedule 6.14(e) and any other Domestic Subsidiary that after the Closing Date becomes a part of the "transit" segment of the Borrower's business.

Examples of Transit Group in a sentence

  • From February, 1989 to April, 2002, Mr. Davis served as Chairman of the Board of The Transit Group, Inc.

  • The Borrower shall at all times maintain with the Administrative Agent (or, at the option of the Administrative Agent, its agent or the Bank Administrative Agent (the "Transit Payment Account Agent")) a bank account for the members of the Transit Group (the "Transit Payment Account").

  • Concurrently with the delivery of the Forecast, a summary of the accounts payable agings of the Transit Group in a form reasonably acceptable to the Administrative Agent.

  • No member of the Transit Group shall pay or agree to pay, or reimburse any other party with respect to, any investment banking or similar or related fee, underwriter's fee, finder's fee, or broker's fee to any Person in connection with this Agreement, other than the fees payable pursuant to Section 2.08 of this Agreement.

  • All amounts in the Transit Payment Account (including any amounts received directly by any member of the Transit Group and which are held in trust for the Administrative Agent) shall (i) be subject to the Transit Payment Account Agent's control and (ii) if applicable, be applied to the prepayment of the Loans pursuant to Section 2.05.

  • The Borrower shall, directly or indirectly, own at all times 100% of the Voting Stock of each of member of the Transit Group.

  • Within five (5) Business Days of receipt, written notice of any notification from any surety of any member of the Transit Group concerning claims made against such surety in connection with any significant project of such member of the Track Group, and, as soon as available, and in any event within five (5) Business Days after the receipt of such notification, a copy of any such notification.

  • No member of the Transit Group shall make any Investment in any Person except for Permitted Investments.

  • No member of the Transit Group shall make or permit any Restricted Payments.

  • Since December 31, 2000, (a) except as set forth on Schedule 4.02 and other than the commencement of the Bankruptcy Cases, there has been no circumstance, development or event relating to or affecting the members of the Transit Group which has had or would be reasonably expected to have a Material Adverse Effect, and (b) except as permitted herein, no Restricted Payments have been made or declared by any Credit Party.

More Definitions of Transit Group

Transit Group means Railworks, in respect of the transit segment of its business and the following Subsidiary Debtors that are members of Railworks' transit group: Breaking Technology & Equipment Inc.; HSQ Technology, a Corporation; L.K. Comstock & Company, Inc.; M-Track Enterprises, Inc.; Railworks Transit, Inc.; RWKS Construction, Inc.; and Railworks Transit Systems, Inc.

Related to Transit Group

  • SAP Group means SAP Parent and any of its Associated Companies.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”

  • SpinCo shall have the meaning set forth in the Preamble.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Parent Group has the meaning set forth in Section 8.03(c).

  • Xxxxxx Group shall have the meaning set forth in Section 9.2(b) hereof.

  • Service Group means any one or more (as the context may require) of the service groups described in this Schedule;

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • Local Distribution Company or “LDC” means a Person licensed by the OEB as a “Distributor” in connection with a Distribution System.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of Spinco immediately following the Contribution.

  • Client Group means Client, any corporate body of which Client is a subsidiary (as defined by s. 1159 of the Companies Act 2006), any other subsidiary of such corporate body and any subsidiary of Client;

  • Taxable Supply ’ means a supply of goods or services or both which is leviable to tax under this Act;

  • VAT Group means a group for the purposes of the VAT Grouping Legislation.

  • Intra-Group Liabilities means the Liabilities owed by any member of the Group to any of the Intra-Group Lenders.

  • AMC means Annual Maintenance Contract

  • RemainCo shall have the meaning set forth in the Preamble.

  • Partnership Group means the Partnership and its Subsidiaries treated as a single consolidated entity.

  • Imbalance Energy means the amount of energy in MWh, in any given Settlement Period or Settlement Interval, by which the amount of Facility Energy deviates from the amount of Scheduled Energy.