Examples of MPM Holdings in a sentence
MPM Holdings owns directly or indirectly all of the equity interests in 11 subsidiaries and affiliates that are also Debtors.
In addition, MPM Holdings indirectly owns all or part of numerous subsidiaries and affiliates that are not Debtors.
In no event shall Service Provider be deemed in breach of its obligations hereunder solely by reason of (i) the failure of the financial performance of the Recipient’s business to meet Recipient expectations or income projections or any operating budget or annual plans (including any budgets or plans in connection with or related to the emergence of MPM Holdings and MPM Inc.
None of HoldCo, MPM Holdings, MPM, or any of MPM’s subsidiaries is obligated with respect to any of MSC’s indebtedness or other liabilities.
Neither MPM Holdings LLC nor MSC or any subsidiaries of MSC, are Debtors in these cases.
On October 1, 2010, Holdings became a subsidiary of a new holding company, Momentive Performance Materials Holdings LLC (“MPM Holdings LLC”), in combination with the acquisition of Momentive Specialty Chemicals Holdings LLC (formerly known as Hexion Specialty Chemicals, Inc.) (“MSC”) by MPM Holdings LLC.
In light of the foregoing, GECEI’s objections are limited specifically to certain requests by the Debtors that are materially detrimental to MPM Holdings even if beneficial to the other Debtors and non-Debtors in the larger corporate family.
MPM is an issuer of $382 million in aggregate principal amount of unsecured 11.5% Senior Subordinated Notes due 2016 (the “ Subordinated Notes”) issued pursuant to an Indenture (the “Subordinated Note Indenture”) dated as of December 4, 2006, with Wells Fargo Bank, National Association, as indenture trustee and the other Debtors, other than MPM Holdings, as guarantor.vii.
MPM is an issuer of $1.1 billion of 8.875% First-Priority Senior Secured Notes due 2020 (the “ First Lien Notes”) issued pursuant to an Indenture dated as of October 25, 2012, with The Bank of New York Mellon Trust Company, N.A., as indenture trustee and the other Debtors, other than MPM Holdings, as guarantor.iv.
The increase in NOx emissions is associated with refinery output of additional gasoline to fuel lower-mileage IC vehicles, while the increase in SO2 emissions reflects both an increase in refinery emissions and an increase in vehicle emissions.