MBW definition
Examples of MBW in a sentence
The Fund is designed so that it can be operated as an enduring revolving fund, however should the County and/or MBW decide to suspend new Fund lending, the Fund servicing operations will continue for the duration of the loan participations originated by the Fund.
It is also contemplated any such purchase of Class A Units would be subject to a minimum investment of $25,000 with the maximum investment to be determined by MBW Investors LLC.
Employee understands, however, that the timing and the terms and conditions of the opportunity, if any, to purchase Class A Units shall be solely determined in the discretion of MBW Investors LLC.
MBW consists of following a tracer gas over two phases, a wash-in and a washout phase.
Employee further understands that, as provided in the LLC Agreement, Class D Units in addition to the initial 100 Class D Units may be issued by MBW Investors LLC to other persons.
MBW will administer the Fund as outlined herein for an initial period of five years, after which MBW and the County will review lessons learned, performance metrics, outcomes, and changing local business needs with a view towards implementing any necessary refinements for ongoing fund success.
Employee understands that, in the discretion of the Chairman of MBW Investors LLC, additional Class D Units may be issued to Employee.
Rates may rise or fall based on market conditions outside the control of MBW.
Capitalized terms used herein but not otherwise defined herein shall have the meanings given such terms in the Amended and Restated Limited Liability Company Agreement of MBW Investors LLC, dated as of December 31, 1996 (the "LLC Agreement").
Employee agrees to execute such documents as may be required or reasonable requested by the Company of MBW Investors LLC in connection with the issuance of Class D Units to Employee.