MPLP definition
Examples of MPLP in a sentence
Incremental Cost Reduction (ICR) will be reflected in the Product price using the Cost Plus, MPLP or PLP Process, as applicable, and not recovered as a lump sum payment (except in the case of a true-up).
Each Securityholder recognizes and agrees that if for any reason any of the provisions of this Agreement are not per formed by such Securityholder in accordance with their specific terms or are other wise breached, immediate and irreparable harm or injury would be caused to MPLP for which money damages would not be an adequate remedy.
WXI/McN Realty, L.L.C. (the "Company"), the ▇▇▇▇▇▇ Partnerships, MPLP, MII, McREMI, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, Inc.
Accordingly, each Securityholder agrees that, in addition to any other available remedies, MPLP shall be entitled to an injunction restraining any violation or threatened violation of the provisions of this Agreement without the necessity of MPLP posting a bond or other form of security.
Nothing in this Section 1.4 shall offset, or affect in any manner, the Company Interests being issued to MPLP (or another designee of the Contributing Partners) pursuant to Section 1.1 hereof.
MPLP, to the extent that the obligations of MPLP or MII as an indemnitor under any Existing Support Agreement are not discharged thereunder, agrees to indemnify and hold harmless the Company from and against all obligations incurred by MPLP or MII as an indemnitor under any such Existing Support Agreement prior to the Closing Date.
MPLP has the requisite partnership power and authority to enter into this Agreement and the other Transaction Documents to which it is a party and to consummate the transactions contemplated by this Agreement and the other Transaction Documents to which it is a party.
Pursuant to that vote, letter agreements were entered into between the Corporation and certain of the Corporation's executive officers.
MII and MPLP have made available to the Company copies of their unaudited consolidated balance sheet as of March 31, 1999 and their audited consolidated balance sheet as of December 31, 1998, and their related unaudited consolidated statements of operations and cash flows for the three-month period ended March 31 1999 and their related audited consolidated statements of operations and cash flows for the year ended December 31, 1998.
The eligibility and selection of the MPLP candidates will be contingent upon current and maintained placement in chronically underperforming schools as annually defined by the Parties, unless no position is available within the candidate’s licensure.