MBC Agreement definition

MBC Agreement means an agreement to be entered into after the date hereof between AGI and the shareholders of MBC, pursuant to which the holders (other than AGI) of substantially all of the outstanding capital stock of MBC shall agree to transfer such MBC stock to AGI or a designee thereof in exchange for AGI Common Stock.
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Examples of MBC Agreement in a sentence

  • Annex II describes all of the securities or instruments issued by AGI that contain anti-dilution or similar provisions that will be triggered by, and all of the resulting adjustments that will be made, to such securities and instruments as a result of the issuance of securities pursuant to this Agreement and the MBC Agreement.

  • Notwithstanding the foregoing, in no event shall the total number of shares of AGI Common Stock to be issued and outstanding after giving effect to closing of transactions contemplated by the MBC Agreement, as calculated on a fully diluted basis as reported in the SEC Documents excluding the shares to be issued pursuant to this Agreement and any shares to be issued pursuant to §4(e)(i) and (iv) above, exceed 5,000,000.

  • The MBC Agreement contains aspirational targets for number of indigenous academic staff, professional and technical staff and senior staff (Associate Professor and above), with specific performance indicators set annually until 2016.

  • The MBC Agency takes adequate actions against its staff against whom complaints have been received from the consumers/ Discom.H. Review of the AVVNL’s performance towards its Duties and Responsibilities [Clause5.7 of MBC Agreement] – Independent Auditor would review the AVVNL’s performancetowards its duties and responsibilities on the following parameters on monthly basis: a.

  • Audit of the O&M related duties of the MBC Agency [Clause 5.2 of the MBC Agreement] – Independent Auditor would audit the operations and maintenance functions of the MBC Agency on monthly basis by review and sanctity check on sample basis as well as actual basis (wherever possible) of the following:a.

  • Ltd intend to jointly engage an independent auditor for conducting audit of various activities and parameters envisaged under the MBC Agreement signed by them.

  • This detail is indicative and the auditor shall be responsible for completing all the works in accordance with the MBC Agreement and any other additional work required by purchaser.AVVNL and the MBC Agency shall form a joint working committee, comprising representatives each from each of the parties to facilitate the working of the Third Party Independent Auditor, which shall also monitor the progress of work being carried out on a weekly basis and as and when required by the purchaser.

  • Payments are made to the MBC Agency in accordance with terms and conditions of the MBC Agreement [Clause 8.2] after deduction of penalties on account of failure to meet any of the SLRs and adjustments of incentive penalty for AT&C loss reductionJ.

  • The Independent Auditor shall check that any penalty imposed on account of delayed services or non-performance of the MBC Agency, for reasons attributable to the Agency, are payable by the Agency.G. Audit of the Human Resources (HR) Practices of the MBC Agency [Clause 5.5 of MBC Agreement] – Independent Auditor would audit the HR practices of the MBC agency on the following parameters on monthly basis: a.

  • The Independent Auditor shall be responsible for the audit of the operations of the MBC Agency as laid down in the MBC Agreement and any other additional work required by purchaser.

Related to MBC Agreement

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Existing Agreement has the meaning set forth in the recitals hereto.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures, contained in Annex 1A to the WTO Agreement;

  • Original LLC Agreement has the meaning set forth in the Recitals.

  • Arrangement Agreement means the arrangement agreement dated as of April 18, 2019 between the Purchaser and the Company, including the schedules and exhibits thereto, providing for, among other things, the Arrangement, as the same may be amended, supplemented or restated.

  • Existing LLC Agreement is defined in the recitals to this Agreement.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Main Agreement means the part of this Agreement that commences on the first page and ends with but includes Schedule A, excluding Section 3(d) (which incorporates this Schedule C into the Agreement).

  • Foundation Agreement means the agreement dated the 20th February 1985 made between the Trustee, the Manager, Xxxxxxxx, Genting WA and Tileska providing for the subscription of Units and Options;

  • Company LLC Agreement means the Second Amended and Restated Limited Liability Company Agreement of the Company, dated as of May 25, 2011, as amended from time to time.

  • Xxxxxx Agreement means that certain Contingent Stock Agreement, effective as of January 1, 1996, by The Xxxxx Company in favor of and for the benefit of the Holders (named in Schedule I thereto) and the Representatives (therein defined), as amended.

  • Waiver Agreement means an agreement between

  • Sponsorship Agreement means a document that estab- lishes an advanced licensee as a sponsor for a basic licensee.

  • Retention Agreements has the meaning set forth in Section 5.11(e).

  • Transition Agreement means the Transition Power Sales Agreement dated as of November 24, 1998, by and between Seller, Southern Energy, Southern Energy Bowline, L.L.C. and Southern Energy Xxxxxx, L.L.C.

  • Parent Agreement has the meaning given to it in Clause 12;

  • Transaction Agreement has the meaning set forth in the recitals.

  • Novation Agreement means a legal instrument—

  • Replacement Agreement means an agreement entered into as a replacement for any Relevant Agreement;

  • Secondment Agreement means the secondment agreement between one or more members of the Vishay Group, as the seconding party, on the one hand, and one or more members of the VPG Group on the other hand, listed on Exhibit I, in the substantially in the forms attached to such Exhibit. From and after the Distribution Date, the Secondment Agreement shall refer to the secondment agreement substantially in the form attached to Exhibit I, as amended and/or modified from time to time in accordance with its terms.

  • Letter Agreement has the meaning set forth in the Recitals.

  • Practice agreement means an agreement described in section 17047, 17547, or 18047.

  • Combination Agreement has the meaning set forth in the Recitals.