Examples of MG Entities in a sentence
A Trustee (other than a Trustee appointed by the MG Entities pursuant to section 3.12) may be removed at any time with or without cause by the affirmative vote of at least a majority of the votes cast at a meeting of Unitholders called for that purpose or with cause by resolution passed by an affirmative vote of not less than a majority of the remaining Trustees.
Upon a Trustee ceasing, to hold office as such hereunder, such Trustee shall cease to be a party (as a Trustee) to this Declaration of Trust; provided however that such Trustee shall continue to be entitled to be paid any amounts owing by the Trust to the Trustee and to the benefits of the indemnity provided in section 15.1. For greater certainty, a Trustee appointed by the MG Entities pursuant to section 3.12 may only be removed with the written consent of the MG Entities.
The rights of Mitchell Goldhar and the MG Entities pursuant to this section 6.1.5 areVoting Top-Up Right is not assignable other than to other MG Entities.
The IFA Entities and the MG Entities shall have agreed upon a form of amendment and restatement of the Operating Agreement of Drive-GP and the Partnership Agreement of Drive-LP, each of which shall be in form and substance satisfactory to the IFA Entities and MG-LP, and the parties to such agreements shall have executed such amended and restated agreements to be held in escrow pending Closing.
The commodities that pass through this filtering process can then be ranked, and a final selection can be made based on the product coverage limits agreed upon, whether these are specific numbers or percentages of tariff lines.
The MG Entities and BOS-UK shall have entered into a new credit facility, which facility shall be in an amount and structured in a manner satisfactory to BOS-UK and the MG Entities pursuant to agreements satisfactory to BOS-UK and the MG Entities in form and substance.
If Mitchell Goldhar is not alive or Mitchell Goldhar has assigned his rights under this section 6.1.5the Voting Top-Up Right to a MG Entity that he does not Control, the MG Entities shall exercise their voting rights collectively as Unitholders and not as individual Unitholders.
The IFA Entities and the MG Entities shall have agreed upon a form of amendment and restatement of the Owners Agreement, which shall be in form and substance satisfactory to the IFA Entities and the MG Entities, and the parties to the Owners Agreement shall have executed such amended and restated Owners Agreement to be held in escrow pending Closing.
The Trustee appointed by the MG Entities, for greater certainty, shall not be required to be independent for purposes of applicable securities laws, but, for greater certainty, all of the other members of the Corporate Governance and Compensation Committee shall be independent for purposes of the applicable securities laws and shall be independent of Mitchell Goldhar and any MG Entity.
The MG Entities shall exercise their rights under this section 3.12 collectively through the MG Entities Representative.