ZSG Group definition

ZSG Group means the Borrower, ZSG ▇▇▇▇ and ZSG Transport as well as any further subsidiaries of the Borrower.
View Source

Examples of ZSG Group in a sentence

  • Any litigation, alternative dispute resolution, arbitration, administrative, governmental, regulatory or other investigations, proceedings or disputes are commenced in relation to the Transaction Documents or the transactions contemplated in the Transaction Documents or against a member of the ZSG Group which has or would have a Material Adverse Effect.

  • The Borrower shall not (and shall procure that no other member of the ZSG Group will), make any substantial change to the general nature of its business from that carried on at the Effective Date.

  • The Borrower shall not (and shall procure that no other member of the ZSG Group will) incur, create or permit to subsist or have outstanding, and any Financial Indebtedness or enters into any agreement or arrangement whereby it is entitled to incur, create or permit to subsist any Financial Indebtedness other than, in each case, Permitted Indebtedness.

  • The Borrower shall and shall ensure that each member of the ZSG Group will conclude any transaction with a third party, irrespective of whether or not it is a Subsidiary of the Ultimate Parent, only on terms reasonably no less favourable to it than those that could reasonably be obtainable by it on an arm’s length basis.

  • Save for any Permitted Encumbrances, no Security exists over any of the assets of the ZSG Group.

  • The Borrower shall not (and shall procure that no other member of the ZSG Group will) create or permit to subsist any Security over all or any of its assets other than Permitted Encumbrances.