MMPT definition
Examples of MMPT in a sentence
Each affected employee will have the right to bump another employee in the bargaining unit (excluding MMPT clinicians) as follows: the least senior employee in the bargaining unit with the same weekly hours or the least senior employee in the bargaining unit who has the same weekly hours and the same shift as the bumping employee; or the least senior employee in a lower category of weekly hours or the least senior employee in a lower category of hours with the same shift as the bumping employee.
TNC may terminate this Agreement with respect to all, or with respect to any one or more, of the Services provided hereunder at any time from time to time beginning, with respect to any such Service, the later of (i) one year from the Effective Date; or (ii) the Expiration Date of such Service, for any reason or no reason, by giving written notice to MMPT at least one hundred eighty (180) days prior to the date of such termination.
MMPT shall use its reasonable efforts to obtain the -------- consents, waivers and approvals under the Controlled Contracts as may be required in connection with the Merger (all of such consents, waivers and approvals are set forth in Controlled Schedules) so as to preserve all rights of, and benefits to MMPT thereunder.
CAI acknowledges that under the Merger Agreement, Operating Sub may borrow up to $500,000 from MMPT prior to Closing, secured by computers and office equipment of Operating Sub, and CAI acknowledges that such a loan shall not be deemed to violate any agreements between CAI and Operating Sub or the Company.
CAI further agrees that it has not entered and will not enter into any transaction or arrangement with respect to the sale, transfer or delivery of the MMPT Common Stock, other than pursuant to any transaction that does not require registration under the Securities Act.
No consent, approval, license, permit, order or authorization of, or registration, declaration or filing with, any governmental entity is required to be obtained or made by or with respect to MMPT in connection with the execution, delivery and performance of this Agreement or the consummation of the transactions contemplated hereby.
Subject to the provisions of Section 6.7 of the Acquisition Agreement, True North and MMPT shall use their respective best efforts to consummate an initial public offering of MMPT Common Stock as promptly as practicable following the Closing on a valuation agreed upon by the Stockholders, True North and MMPT, which agreement shall not be unreasonably withheld.
Controlled, True North, MMPT and the Stockholders have caused this Agreement to be signed, all as of the date first written above.
CAI, on the one hand, and MMPT on the other hand, shall execute such further documentation as reasonably requested by the other as documentation of the foregoing releases, waivers and terminations.
MMPT is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware and has the requisite power and authority and all governmental licenses, authorizations, consents and approvals required to own, operate and lease its properties and assets and to conduct its business as they are now being owned, operated, leased and conducted.