Examples of MOT in a sentence
MOT will supply management services to PPS for a period up to 2 years after PPS operational breakeven is achieved.
In consideration for entering into this agreement PPS will receive 200,000,000 MOT shares.
Project Maintenance of Traffic (MOT) will be established including the use of flag persons to direct traffic during active construction operations.
This agreement has been amended such that the shareholders of PPS have granted MOT the right to acquire up to 100% of the share capital pf PPS over a 2 year period.
In consideration for supplying these services and for providing funding under the Facilities Agreement MOT is entitled to receive 50% of the net after tax income of PPS, capped at $1Mil for the first year and $2 Mil for the second year from that date.