PMMIC definition
Examples of PMMIC in a sentence
The acquisition involves Cathay: (i) acquiring from Hexagon Investments B.V., an entity controlled by funds managed by CVC Asia Pacific Limited, 118,935,590 secondary shares at P64 per share, pursuant to a Sale and Purchase Agreement; (ii) acquiring 36,724,138 secondary common shares from IFC Capitalization Fund also at P64 per share, pursuant to a Sale and Purchase Agreement; and, (iv) entering into a shareholders agreement with PMMIC and the Parent Company.
PMMIC, its employees, agents and approved subcontractors shall also comply with all federal, state, and local laws, including any permitting and licensure requirements, in carrying out the work performed under this Agreement.
If an Event of Default is declared with respect to only certain Assumed Claims and the funds demanded for just those Assumed Claims, then all liabilities and responsibilities for corrective action for those Assumed Claims shall be transferred by PMMIC back to the Board.
This Agreement shall remain in full force and effect until PMMIC fully performs and satisfies all of its duties, obligations and liabilities hereunder and the DNR issues No Further Action Certificates with respect to all Assumed Claims and Sites, unless terminated earlier pursuant to this Agreement.
PMMIC shall maintain and implement appropriate physical, technical, administrative, organizational and other security procedures to preserve the confidentiality of all such data and information and to protect it against accidental, unauthorized or unlawful, access, use, or disclosure.
In 2013, the Parent Company issued common shares to PMMIC and IFC Capitalization Fund at P64 and P58 per share for a total issue price of P4,074 and P4,127, respectively.
A representative of PMMIC with knowledge of the information contained in the quarterly report shall attend in person or by telephone the next regular public meeting of the Board after the report is provided to discuss the Assumed Claims and respond to inquiries of the Board concerning the report.
The Board acknowledges and agrees that the fact PMMIC is an insurer with respect to certain of the Assumed Claims is not a conflict of interest.
PMMIC shall cooperate fully with other contractors, consultants and other persons who may be engaged by the Board or the State in connection with this Agreement.
PMMIC further agrees that it may not assign, pledge as collateral, grant a security interest in, create a lien against, or otherwise encumber any payments or amounts that may or will be made to PMMIC under this Agreement.