MMPL definition

MMPL means My Mobile Payments Limited;
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MMPL or the “Optionee”)
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MMPL means My Mobile Payments Limited, a public limited company incorporated under the (Indian) Companies Act, 1956.
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Examples of MMPL in a sentence

  • When Calpian opts for such merger, subject to the approval of the Government Authority, if required, the Parties shall forthwith cause the merger of the Company into MMPL.

  • It is hereby clarified that Calpian shall have the additional option to acquire the aforesaid equity share capital of MMPL (merged entity) through transfer of equity shares from all the shareholders of MMPL to Calpian on a proportionate basis, unless a different proportion is agreed to by the Company Founders.

  • Company, MMPL, Calpian, Other Shareholders and Company Founders (collectively as one Party) are collectively referred to as the “Parties” and individually referred to as the “Party”.

  • If the share exchange ratio determined by the chartered accountant is such that the proposed shareholding of MMPL subsequent to the merger on the Effective Date is not as per that mentioned in Schedule 3, the merger shall proceed or not proceed at the option of Calpian.

  • Parties hereby agree and undertake that if and when the Indian regulations permit the foreign direct investment into the business activities into which MMPL is involved and Calpian opts for the merger, the Parties shall forthwith cause the merger of Company into MMPL.

  • In the event Calpian acquires the equity shares from the shareholders of MMPL, the shareholders of MMPL undertake to sell their equity shares to Calpian and such contract of purchase and sale would be executed as a spot delivery contract.

  • For the avoidance of doubt, any director appointed by Calpian may be removed from office only by Calpian who appointed such director and any vacancy caused due to resignation of a director appointed by Calpian on the board of MMPL may be filled only by Calpian.

  • All the Parties shall on the best effort basis try to achieve the said shareholding of MMPL on the Effective Date.

  • Except for its ownership interests in the Company and MMPL, Transferor has no interest, either directly or indirectly, in any other company or entity formed under the laws of India or doing business in India.

  • The Company Founders shall and/or cause MMPL to bear the cost of such legal advisor or financial advisor including the payment of the fees of ▇▇.

Related to MMPL

  • MMP means a moisture management plan to control water intrusion and prevent the development of Mold or moisture at the Mortgaged Property throughout the term of this Loan Agreement.

  • HSE means the Health and Safety Executive;

  • TDSAT means Telecom Dispute Settlement and Appellate Tribunal, New Delhi.

  • Operating Software means those routines, whether or not identified as Program Products, that reside in the Equipment and are required for the Equipment to perform its intended function(s), and which interface the operator, other Contractor-supplied programs, and user programs to the Equipment.

  • CPE means continuing professional education.