MEHC definition
Examples of MEHC in a sentence
To the best knowledge of MEHC and ▇▇▇▇▇▇▇▇▇, no director or executive officer of HMSV (other than those directors who are also affiliates of MEHC) has made any recommendation with respect to the Offer or the Merger.
Maintain the proceeds received from the EDFI Investment in a segregated account and use the proceeds thereof solely to prepay the Indebtedness issued pursuant to the MEHC Agreement.
Such representation on the Board and such ownership interest, however, do not give MEHC or Purchaser the power to compel any stockholder of HMSV to accept the Offer.
All payments either by MEHC or by any First Tier Subsidiary shall be made without setoff, counterclaim or deduction of any kind whatsoever, and whether or not payment is due or has been received from EIX under the Master Agreement or from EMG under the EMG Agreement.
MEHC and Subsidiaries recognize that the EMG Agreement may be terminated or modified by EMG in accordance with its terms.
For each taxable period to which the Master Agreement is applicable, MEHC shall utilize the calculation made by EIX under the Master Agreement of the amount of the Separate Tax Liability or Separate Tax Benefit (as such terms are defined in the Master Agreement) of the First Tier Subsidiaries and each of the Subsidiaries which is owned directly or indirectly by such First Tier Subsidiary (“Lower Tier Subsidiaries”).
In the Merger, each then issued and outstanding Share (other than Shares owned by HMSV as treasury stock, Shares directly or indirectly owned by Purchaser or MEHC and Shares held by stockholders who have properly exercised appraisal rights under the DGCL) would be converted into the right to receive the Merger Consideration.
Any other wholly owned first tier MEHC subsidiary may be added to this Agreement as a First Tier Subsidiary at any time by addendum executed by MEHC and the subsidiary.
MEHC owns 7,279,100 Shares, representing approximately 83.45% of HMSV's outstanding voting stock as of July 31, 2001.
The failure by MEHC or Purchaser at any time to exercise any such rights shall not be deemed a waiver of any right and each right shall be deemed an ongoing right which may be asserted at any time and from time to time.