MK Rail definition
Examples of MK Rail in a sentence
Settlement of the Litigation is expressly conditioned upon Final Court Approval of the settlement of the Litigation as a whole and the settlement of the MK Rail Derivative Action.
MK Rail, after having given extensive consideration to all of the foregoing, has determined independently that the settlement of the WOHLGELERNTER litigation as to MK Rail on the terms and conditions reflected herein is fair, reasonable and adequate to MK Rail.
MotivePower Industries, Inc., (previously named MK Rail Corporation), a Delaware corporation (the "Corporation") and John ▇.
Employer" means MK Rail Corporation or any successor to the business thereof.
MK, MK Rail, Fidelity and CNA will enter into a separate agreement entitling MK and/or MK Rail and/or Fidelity and/or CNA to void the settlement if the holders of a specified number of MK Rail shares opt out of the Class, which number will be agreed to by the Plaintiffs, MK, MK Rail, Fidelity and CNA, and memorialized in a separate writing which shall be kept confidential and disclosed only to the Parties, their counsel, and the Court.
DRAFT - 7/24/96 AMENDMENT TO STOCKHOLDERS AGREEMENT ----------------------------------- This Amendment to Stockholders Agreement (the "Amendment"), dated as of July __, 1996, between MK Rail Corporation, a Delaware corporation ("MK Rail"), and ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Corporation, an Ohio corporation ("MKO").
As a consequence of the foregoing investigation and analyses, MK Rail Derivative Counsel have engaged in intensive arms-length negotiations with counsel for the Defendants with a view toward achieving the substantial benefits provided by the settlement on the terms as set forth in this MOU.
MK Rail Derivative Counsel and the MK Rail Derivative Plaintiff believe that the claims asserted in the MK Rail Derivative Action have merit and that the evidence developed to date supports the claims asserted.
Give their consent, or permit any Consolidated Subsidiary to give its consent, to the subordination of any of their rights or claims (including any subordination in the form of an agreement to defer remedies or extend maturities) to any right or claim of any other Person other than subordination of the MK Rail Note in connection with the MK Rail Global Settlement Agreement.
Based on their respective evaluations, the MK Rail Derivative Plaintiff and MK Rail Derivative Counsel have determined that the settlement set forth in this MOU is fair, reasonable and adequate, and in the best interests of the MK Rail Derivative Plaintiff, the current holders of MK Rail common stock and MK Rail.