Trident Group definition

Trident Group has the meaning set forth in the Separation and Distribution Agreements; provided, however, that the Trident Group shall not include any member of the Athens North American R/SB Group or the Fountain Group.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Trident Group means Trident and each Person (other than any member of the Fountain Group) that is a direct or indirect Subsidiary of Trident as of the date hereof and, except as provided in the definition of Fountain Group, each Subsidiary to be formed after the date hereof and prior to the Effective Time, which shall include the Athens North American R/SB Group and those entities identified as such on Schedule 1.1(187).

Trident Group means Trident and its subsidiaries and its subsidiary undertakings and where the context permits, each of them.

Examples of Trident Group in a sentence

• Nothing in the Exhibits or Schedules constitutes an admission of any liability or obligation of any member of the Athens North American R/SB Group, Fountain Group or Trident Group or any of their respective Affiliates to any third party, nor, with respect to any third party, an admission against the interests of any member of the Athens NA Group, Fountain Group or Trident Group or any of their respective Affiliates.

• The newly established Fountain Group Insurance Plans shall be substantially similar to the Trident Group Insurance Plans.

• Trident shall cause Fountain to establish the Fountain Group Insurance Plans, effective no later than the Fountain Distribution Date and, correspondingly, except as provided below, Fountain Employees shall cease participating in the Trident Group Insurance Plans on the dates the new plans are established and shall begin participating in the Fountain Group Insurance Plans.

• Nothing in the Exhibits or Schedules constitutes an admission of any liability or obligation of any member of the Fountain Group or Trident Group or any of their respective Affiliates to any third party, nor, with respect to any third party, an admission against the interests of any member of the Fountain Group or Trident Group or any of their respective Affiliates.

• Unless the context otherwise requires, capitalized terms in this Contract shall have the following meaning; Company shall mean Trident Limited or "Trident" having its Registered Office at Trident Group, ▇▇▇▇▇▇▇▇ – 148 101 Company and supplier are each individually referred to as a "Party" and collectively as the "Parties".

• The Parties recognize that legal and other professional services that have been and will be provided prior to the Effective Time have been and will be rendered for the collective benefit of each of the members of Trident Group and the Fountain Group, and that each of the members of the Trident Group, the and the Fountain Group should be deemed to be the client with respect to such pre-separation services for the purposes of asserting all privileges which may be asserted under applicable Law.

• Any notice to Trident shall be deemed notice to all members of the Trident Group, and any notice to Fountain shall be deemed notice to all members of the Fountain Group.

• Trident shall, and shall cause its other Group members to, indemnify, defend and hold harmless the Athens North American R/SB Indemnitees from and against any and all Indemnifiable Losses of the Athens North American R/SB Indemnitees, arising out of, by reason of or otherwise in connection with any breach by Trident (or a Trident Group member) of the Specified Sections of this Agreement.

• This Amendment is solely for the benefit of the Parties and does not confer on third parties (including any employees of any member of the Trident Group or the Fountain Group) any remedy, claim, reimbursement, claim of action or other right in addition to those existing without reference to this Amendment.

• Trident shall, and shall cause its other Group members to, indemnify, defend and hold harmless the ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇/▇▇ Indemnitees from and against any and all Indemnifiable Losses of the Athens North American R/SB Indemnitees, arising out of, by reason of or otherwise in connection with any breach by Trident (or a Trident Group member) of the Specified Sections of this Agreement.

More Definitions of Trident Group

Trident Group means Trident and each of its Subsidiaries, including, for purposes of this Agreement, each member of the Fountain Group but only for times prior to the Effective Time.

Trident Group means Trident and its subsidiary undertakings and associated undertakings.

Trident Group means Trident and all its subsidiary undertakings, all its holding companies and all other subsidiary undertakings of each of its holding companies and “Trident Group Company” shall mean any one of them; “Updated Disclosure Letter” means the disclosure letter described as such and dated as of the Completion Date, addressed by the Seller to the Purchasers and delivered to the Purchasers on the Completion Date, substantially in the same form as the Disclosure Letter; “US GAAP” means the United States generally accepted accounting principles in effect from time to time; “USD”, “Dollars” or “$” means the lawful currency of the United States of America; “Warranties” means the warranties set out in Clause 10 (Seller’s warranties) and Clause 16 (Mutual warranties) given by the Seller and “Warranty” shall be construed accordingly; “Wilful Misconduct” means any act or failure to act (whether sole, joint, or concurrent) by a person or entity which was intended to cause, or which was in reckless disregard of or wanton indifference to, the harmful consequences such person or entity knew, or should have known, such act or failure would have on the safety or property of another person or entity; “Working Capital Amount” means USD 46,450,000, being the working capital of the Group Companies as at the Economic Date; and “Working Hours” means, in relation to any location, 9.30 a.m. to 5.30 p.m. at such location on a Business Day.

Trident Group means Trident and all its subsidiary undertakings, all its holding companies and all other subsidiary undertakings of each of its holding companies and “Trident Group Company” shall mean any one of them;

Trident Group means Trident and its Affiliates.