Examples of MN Group in a sentence
After the Company has determined the amount, if any, of Shares that are to be redeemed the Company shall direct M&N Group Holdings, LLC to cause there to be a Interim Capital Transaction (as such term is defined in the M&N Group Holdings, LLC operating agreement) in an amount sufficient to redeem a number of units of M&N Group Holdings, LLC that will allow the Company to redeem the Vested Shares that have been requested to be redeemed and that are within the General Limit.
The purchase price that the Company shall pay a Shareholder for his or her Vested Shares that are subject to redemption shall be equal to the amount the Company receives (less any ordinary and necessary expenses incurred by the Company to effectuate such redemption) from M&N Group Holdings, LLC as a result of the Interim Capital Transaction with respect to the Shares of such Shareholder that is the subject of the redemption.
MN Group will issue supporting units on a one-for-one basis to the Company for each Award hereunder, either at the time of vesting for RSUs or at the time of grant for RSSs. Upon termination of an Award, any such issued units to MNI shall be forfeited back to MN Group to the extent unvested.
The obligations of the Company and MN Group under the Plan shall be conditional on satisfaction of all such withholding obligations and the Company and MN Group shall, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to the recipient of an Award.
Bebbington says, „The decade beginning in 1734 witnessed in the English-speaking world a more important development than any other, before or after, in the history of Protestant Christianity: the emergence of a movement that became Evangelicalism.‟ Likewise Randall Balmer claims: „North American evangelicalism derives from the fusion of two strains of Protestantism, Puritanism and Pietism.
The Committee may grant from time to time and at any time prior to the termination of the Plan one or more Awards, either alone or in combination with any other Awards, to any service provider to the Company, MN Group or any of their Affiliates, including directors, officers, employees, advisers and consultants of the Company, MN Group and/or their respective Affiliates.
During the Restriction Period applicable to Restricted Stock or Restricted Units, such Restricted Stock or Restricted Units shall be subject to limitations on transferability and a Risk of Forfeiture arising on the basis of such conditions related to the performance of services, Company and/or MN Group performance or otherwise as the Committee may determine and provide for in the applicable Award Agreement.
Subject to the provisions of the Plan, the Committee shall have complete authority, in its discretion, to make or to select the manner of making all determinations with respect to each Award to be granted by the Company or MN Group under the Plan including the director, employee, adviser or consultant to receive the Award and the form of Award.
Class A Stock and Unit Grants may be awarded solely in recognition of significant contributions to the success of the Company, MN Group or their Affiliates in lieu of compensation otherwise already due and in such other limited circumstances as the Committee deems appropriate.
The Managing Member, in its sole discretion, may cause the Company to make or refrain from making any and all elections permitted by such tax laws, provided that the Company shall make an election under Section 754 of the Code promptly following the date hereof, which election shall not be revoked without the consent of M&N Group Holdings.