MCP Agreements definition

MCP Agreements means the following agreements (each an “MCP Agreement”) dated as of June 30, 2010: (i) the Power of Attorney pursuant to which ▇▇▇▇ ▇▇▇ and Panxing ▇▇▇▇ ▇▇▇▇▇ to Fujian WangGang Dredging Construction Co., Ltd. shareholder powers related to their shareholdings in Wonder Dredging Engineering LLC; (ii) the Power of Attorney pursuant to which Wonder Dredging Engineering Ltd. grants to Fujian WangGang Dredging Construction Co., Ltd. shareholder powers related to its shareholding in Fujian Xing Gang Port Service Limited; (iii) the Contracted Management Agreement between Fujian WangGang Dredging Construction Co., Ltd., Wonder Dredging Engineering Ltd. and Fujian Xing Gang Port Service Limited; (iv) the Equity Interest Pledge Agreement between ▇▇▇▇ ▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇, Fujian WangGang Dredging Construction Co., Ltd. and Wonder Dredging Engineering Ltd.; (v) Contract Relating to the Exclusive Purchase Right of Equity Interest between Wonder Dredging Engineering Ltd., Fujian WangGang Dredging Construction Co., Ltd. and Fujian Xing Gang Port Service Limited; and (vi) the Letter of Commitment from Wonder Dredging Engineering Ltd. to Fujian WangGang Dredging Construction Co., Ltd. regarding the draw of the dividend declared on May 27, 2010 by the shareholders of Fujian Xing Gang Port Service Limited.
View Source

Examples of MCP Agreements in a sentence

  • No breach or default by any party to any of the MCP Agreements has occurred and is continuing, and no event has occurred which with notice or lapse of time or both would constitute a breach or default.

  • The MCP Designation Agreement and the MCP Services Agreement are collectively referred to herein as the "MCP Agreements".

  • Other than agreements contemplated herein and the MCP Agreements, the Company has not incurred any liabilities or obligations under agreements entered into, except in the usual and ordinary course of business, since June 30, 2010, it being understood that the lease and/or purchase of dredger vessels are in the ordinary course of the Company’s business.

  • Neither the Company nor the Management Stockholders ---------------- shall have breached or failed to perform its obligations under the Stockholders Agreement and no party shall have breached or failed to perform its obligations under the MCP Agreements or the Flagship Agreements.

  • Each of -------------- the MCP Agreements is the legal, valid and binding obligation of the parties thereto, enforceable in accordance with its terms.

  • Each of the MCP Agreements is the legal, valid and -------------- binding obligation of the parties thereto, enforceable in accordance with its terms.

  • Other than as contemplated in the MCP Agreements, neither the Company nor any Subsidiary is a party to, nor has any knowledge of, any agreement restricting the voting or transfer of any shares of any Subsidiary.

  • Except as set forth on Schedule 2.1(e) and as contemplated in the MCP Agreements (as defined below), there are no issued and outstanding preemptive, conversion or other rights, options, warrants or agreements granted or issued by or binding upon any Subsidiary for the purchase or acquisition of any shares of any Subsidiary or any other securities convertible into, exchangeable for or evidencing the rights to subscribe for any shares.