MGCA definition
Examples of MGCA in a sentence
The affirmative vote (in person or by proxy) or written consent of the holders of all of the outstanding shares of Company Capital Stock (the “Company Shareholder Approval”) is the only vote or consent of any of the holders of Company Capital Stock necessary to adopt this Agreement under the MGCA and the Company Organizational Documents, each as in effect at the time of such adoption and approval.
A certificate of merger satisfying the applicable requirements of the MGCA in substantially the form attached hereto as Exhibit C (the “Certificate of Merger”) shall be duly executed by the Company and, concurrently with or as soon as practicable following the Closing, delivered to the Secretary of State of the State of Michigan for filing.
On the terms and subject to the conditions set forth herein, and in accordance with the relevant provisions of the MGCA, Merger Sub shall be merged with and into the Company.
Notwithstanding any provision to the contrary in Section 13.13 of the Original MGCA or otherwise, from and after the date hereof, the Liens on US Assets created under the Original MGCA will secure the “US Miscellaneous Obligations” and the “Obligations”, in each case, under and as defined in the First Lien Credit Agreement, but will not secure the Obligations.
The Merger shall have the effects set forth herein and in the applicable provisions of the MGCA.