MSHD definition

MSHD has the meaning set forth in the recitals hereto.
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Examples of MSHD in a sentence

  • Each Party will ensure that a dividend or other distribution is paid from MUSBJ to MUSHD (in the case of MUFG) or MSJS to MSHD (in the case of MS) immediately prior to Closing of an amount by which the equity capital of MUSBJ or MSJS, as applicable, exceeds the greater of its Target Net Asset Value or an amount equal to 10% above its Minimum Required Tier 1 Capital as determined by such Party in good faith.

  • If the net asset value reflected in the Final Closing Balance Sheet of the MUS Contributed Business is less than its Target Net Asset Value, then MUSHD shall owe to MSHD an amount equal to the MS Ownership Percentage multiplied by the amount of such deficiency, plus interest on such amount at the Agreed Interest Rate from the Closing Date through the date of payment.

  • If the net asset value reflected in the Final Closing Balance Sheet of the MSJS Contributed Business is less than its Target Net Asset Value, then MSHD shall owe to MUSHD an amount equal to the MUFG Ownership Percentage multiplied by the amount of such deficiency, plus interest on such amount at the Agreed Interest Rate from the Closing Date through the date of such payment.

  • MUFG shall procure the payment by MUSHD to MSHD of the amount of JPY 26,000,000,000 for value on the first Business Day following the Closing Date in immediately available funds plus interest on such amount at the Agreed Interest Rate from the Closing Date through the date of such payment to such account as MS may previously have notified MUFG as additional consideration for the MUFG Ownership Percentage.

Related to MSHD

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