TUI Group definition

TUI Group means TUI AG and all companies majority-owned, directly or indirectly, by TUI AG, whether domestic or foreign, and of any other shareholdings, where management control directly or indirectly lies with TUI AG (“Managed Group Companies”) and includes Joint Ventures, even if management control does not lie with TUI AG (“Non-Managed Group Companies”).
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TUI Group means TUI and its subsidiaries;
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Examples of TUI Group in a sentence

  • You shall receive a credit against the plan’s vesting period for all of your years of employment with the TUI Group.

  • The TUI Group offers integrated services from a single source for its 21 million customers.

  • The property is offered for sale freehold with the benefit of the lease to TUI Group.

  • The TUI Group offers integrated services from a single source for its 28 million customers, 21 million of them in the European national companies.

  • The licence also comprises the right to sub-licence the Software under an identical licence to companies with whom TUI is associated within the TUI Group.

  • We understand that the entire property is let to TUI Travel PLC (now TUI Group) for a term of 25 years from the 14th August 1998 with provision for upward only rent reviews at 5 yearly intervals and a current rent of £40,000 p.a. exclusive.

  • The newly formed TUI Group is expected to post results for 2015 of earnings around €1billion (£740million) for the year ending September 2015.