MPC Board definition

MPC Board means MPC’s board of directors as it may be constituted from time to time.
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Examples of MPC Board in a sentence

  • MPC Board agendas serve as adequate notification under this section.

  • MPC shall reimburse Seller for all travel and lodging expenses in connection with the attendance of any MPC Board meeting by the Seller Observer on the same terms, and subject to the same policies, as shall apply to directors of MPC; provided that MPC shall have no such reimbursement obligation if the Seller Observer is an employee of Seller.

  • If the Seller Nominee is not elected to the MPC Board or is elected and thereafter ceases to be a member of the MPC Board, whether as a result of death, disability, retirement, resignation, removal (with or without Cause) or otherwise, Seller shall be entitled to designate another Seller Nominee to fill such vacancy and serve as a member of the MPC Board.

  • The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly authorized by the Board of Directors of MPC (the "MPC Board") and no other corporate proceedings on the part of MPC are necessary to authorize this Agreement or to consummate the transactions contemplated hereby, except, as referred to in Section 2.17.

  • If the Seller Nominee is not elected to the MPC Board or is elected and thereafter ceases to be a member of the MPC Board, whether as a (MP) 08481/006/APA/APA.doc result of death, disability, retirement, resignation, removal (with or without Cause) or otherwise, Seller shall be entitled to designate another Seller Nominee to fill such vacancy and serve as a member of the MPC Board.

  • No advisers, as of the date hereof, have delivered to the MPC Board a written opinion to the effect that, as of such date, the exchange ratio contemplated by the Acquisition is fair to the holders of MPC Shares.