MPM Holdings definition

MPM Holdings is defined in the recitals.
MPM Holdings is defined in the recitals. “MPM Marks” is defined in Section 3.05(a). “MSC” is defined in the caption. “MSC Holdings” is defined in the recitals. “MSC-Provided Services” is defined in Section 3.01. “Person” means any individual, partnership, limited partnership, limited liability company, corporation, unincorporated association, joint venture or other entity. “Quarterly Reconciliation Payment” is defined in Section 5.05(a). “Raw Materials/Logistics Services” means the procurement of Raw Materials and Logistics by a Service Provider hereunder. “Raw Materials and Logistics” means raw materials and logistics services, including supplies, freight, equipment and electricity, and indirect costs of such raw materials and logistics services, including packaging, uniforms and pallets, in the case of any of the foregoing, required by or used in connection with the business of either or both of MSC and MPM, but excluding the Actual Costs of the employees of either MSC or MPM who perform Raw Materials/Logistics Services and allocated overhead associated with the performance of such services, which, for the avoidance of doubt, shall be treated as Functional Services Costs hereunder. “Recipient” means MSC or MPM, as applicable, with respect to such party's receipt of a particular Service. “Service Provider” means MSC or MPM, as applicable, with respect to such party's provision of a particular Service. “Services” is defined in Section 3.01. “Steering Committee” is defined in Section 3.04. “Tax” or “Taxes” means (i) all federal, state, local and foreign sales, use, value-added, gross receipts, privilege, utility, infrastructure maintenance, property, excise and similar levies, duties and other similar tax-like charges lawfully levied by a duly constituted taxing authority against or upon the Services; (ii) any penalties, interest or other additions to any such taxes; and (iii) any tax-related surcharges or fees that are related to the Services and authorized by applicable tariffs. “Term” is defined in Section 2.01. “Transaction” is defined in the recitals. “Transaction Agreement” is defined in the recitals. “Unavoidable Delays” is defined in Section 13.08. 5 ARTICLE II.

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.

Related to MPM Holdings

  • Holdings as defined in the preamble hereto.

  • Holdco has the meaning set forth in the Preamble.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • CEC means the California Energy Commission or its successor agency.

  • AcquisitionCo means Diebold Holding Germany Incorporated & Co. KGaA a German partnership limited by shares (Kommanditgesellschaft auf Aktien - KGaA) that is a Wholly Owned Restricted Subsidiary of the Company and whose general partner is the Company.

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • Minimum Holding means the minimum number or value of Shares which must be held by Shareholders as specified in the relevant Supplement.

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Oaktree means Oaktree Capital Management, LLC and its Affiliates, including any partnerships, separate accounts or other entities managed by Oaktree.

  • OpCo has the meaning set forth in the Preamble.

  • Subco means 1102209 B.C. LTD., a corporation incorporated under the laws of the Province of British Columbia;

  • MLP has the meaning given such term in the introduction to this Agreement.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • UCI means an undertaking for collective investment;

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Intermediate Holdings shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Intermediate Holdco as defined in the preamble to this Agreement.

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • Topco has the meaning set out in the Preamble;

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of Spinco immediately following the Contribution.

  • New Holdings shall have the meaning provided in the definition of the term “Holdings”.

  • Qualified Holdings means, as to any Recipient, all Shares owned beneficially or of record by: (i) such Recipient, or (ii) such Recipient's Customers, but in no event shall any such Shares be deemed owned by more than one Recipient for purposes of this Plan. In the event that more than one person or entity would otherwise qualify as Recipients as to the same Shares, the Recipient which is the dealer of record on the Fund's books as determined by the Distributor shall be deemed the Recipient as to such Shares for purposes of this Plan.

  • EDFR means the Eurosystem Deposit Facility Rate, the rate on the deposit facility, which banks may use to make overnight deposits with the Eurosystem (comprising the European Central Bank and the national central banks of those countries that have adopted the Euro) as published on the Website of the European Central Bank;

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • Constellation has the meaning assigned to that term in the Recitals.