Lessee Group definition
Lessee Group means together the Lessee Parent and each of its Subsidiaries from time to time and for the purposes of "Annual Financial Statements" and "Quarterly Financial Statements" (and the expression "Lessee Group" where used in such definitions) any company or entity whose accounts are to be consolidated with those of the Lessee Parent in accordance with Relevant GAAP shall be treated as a Subsidiary of the Lessee Parent;
Lessee Group means the Lessee, its shareholders, partners, members, directors, officers, employees, agents, contractors, subcontractors, Affiliates and lenders and their respective directors, officers, agents, representatives and employees (but excluding Lessor Group).
Lessee Group means together Lessee Parent and each of its Subsidiaries from time to time.
Examples of Lessee Group in a sentence
Since the date of the most recently delivered financial data, there has been no material adverse change in the financial or operating condition of Lessee or of the Lessee Group.
The relevant member of the Lessee Group will inform the Indemnified Person of any such claim and of the defense thereof and will provide copies of material documents relating to any such claim or defense to such Indemnified Person upon request.
Each member of the Lessee Group shall forthwith upon demand reimburse the Lessor for any sum or sums expended with respect to any of the foregoing, or shall pay such amounts directly upon request from the Lessor; provided, however, that, if so requested by the relevant member of the Lessee Group, the Lessor shall submit to such member of the Lessee Group a statement documenting any such demand for reimbursement or prepayment.
This general indemnity shall not affect any claims of the type discussed above which the relevant member of the Lessee Group may have against the Manufacturer.
All self-insurance maintained by any member of the Lessee Group shall be maintained in a financially prudent manner.
More Definitions of Lessee Group
Lessee Group means any or all of Lessee’s agents, employees, representatives, contractors, workmen, mechanics, suppliers, customers, guests, licensees, invitees, sublessees, and assignees. “Pre-Existing Condition” shall mean the presence of any Hazardous Substances on the leased premises, to the extent such Hazardous Substances were not introduced onto the leased premises, on or after the date of this amendment.
Lessee Group means the Lessee, their family members, invitees, licensees, contractors and subcontractors of every tier and each of their respective insurers. In the event Bal Harbour Group must bring legal action in order to enforce an indemnification, all reasonable costs and expenses related to that action shall be included as part of the indemnification. If a claim is asserted against one of the parties to this Agreement that may give rise to a claim for indemnity against the other party hereto, the party against whom the claim is first asserted shall immediately notify the potential indemnitor in writing and give the potential indemnitor the right to defend the defense of the claim. Notwithstanding anything stated in the Agreement to the contrary, all release and indemnity provisions hereof shall survive the termination or expiration of this Agreement, without limit in time, except time limits imposed by the applicable statues of limitations or prescriptive periods. For this purpose of this Agreement, the term “Gross Negligence” shall be defined to mean such lack of care by a party or a person as to indicate a conscious indifference and reckless disregard for the safety of people and property. For the purpose of this Agreement, the phrase “Regardless of Fault” shall mean without regard to the cause(s) thereof including, without limitation, preexisting conditions, imperfection of material, defect or failure of equiptment, ultra hazardous activity, strict liability, breach of statutory duty, breach of safety requirement or the negligence of any party or parties (including the negligence of the indemnitee, Bal Harbour Group), whether such negligence be sole, joint, contributory, or concurrent, active or passive, but expressly not including Gross Negligence or willful misconduct. In the event any provision of this Contract is inconsistent with or contrary to any applicable federal, state or local law, rule or regulation, said provision shall be deemed to be modified to the extent required to comply with said law, rule or regulation, and as so modified said provision and this Contract shall continue in full force and effect.
Lessee Group means Lessee, Tenant's successors, assigns, guarantors, officers, directors, agents, employees, invitees, permittees, or other parties under the supervision or control of Lessee or entering the Property during the term of this Lease with the permission or knowledge of Lessee other than Lessor or its agents or employees.
Lessee Group means, one or more Lessees identified as such by the Servicer by reference to the same client group code.
Lessee Group means each of Lessee and its affiliates, subsidiaries, partners, joint venturers, customers and contractors of any tier, and each of their respective officers, directors, shareholders, owners, members, managers, agents, servants, employees, guests, invitees and insurers, and "Lessor Group" shall mean each of Lessor and its affiliates, subsidiaries, joint venturers, partners, and contractors of any tier, and each of their respective officers, directors, shareholders, owners, members, managers, agents, servants, employees, guests, invitees and insurers, but Lessor Group shall not include any of the Lessee Group.
Lessee Group. GRANCARE, INC., a California Corporation