Examples of Group Companies in a sentence
For the avoidance of doubt, the Outstanding Company Transaction Expenses shall not include any fees and expenses of the equityholders of the Group Companies that are not Company Signatories that were not incurred by or on behalf of the Group Companies that are not Company Signatories.
The assets owned, leased or licensed by the Group Companies as of the Execution Date constitutes, and immediately following the Xtribe Merger Effective Time will constitute, all of the assets necessary and sufficient to operate the Acquired Business in substantially the same manner as conducted by the Group Companies prior to the Execution Date.
The Group Companies are not in default, breach or violation of any Company Permit in any material respect.
To the knowledge of the Company Signatories, there are no circumstances which may cause the revocation or forfeiture of any Company Intellectual Property that, in addition, may be freely used by the Group Companies or licensed to any third party under proprietary terms and conditions.
The Group Companies are in possession of all material franchises, grants, authorizations, licenses, permits, easements, variances, exceptions, consents, certificates, approvals and orders of any Governmental Authority necessary for the Group Companies to own, lease and operate their properties and to carry on their business as it is now being conducted (the “Company Permits”).