MPM Holdings definition

MPM Holdings is defined in the recitals.
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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.
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Examples of MPM Holdings in a sentence

  • 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.

  • You agree that you have and will continue to be bound by the terms of the Amended and Restated Securityholders Agreement, dated as of March 5, 2007, by and among the MPM Holdings and the holders that are party thereto (the “Securityholders Agreement”), the 2011 Equity Documents, as well as any and all confidentiality and proprietary agreements signed by you during your employment with the Company.

  • The address for such notices and communications shall be as follows: If to the Company: MPM Holdings Inc.

  • For purposes hereof, “Securityholders Agreement” means the Amended and Restated Securityholders Agreement, dated as of March 5, 2007, by and among the MPM Holdings and the holders that are party thereto and “Combination Agreement” means the Combination Agreement dated September 11, 2010 between MPM Holdings and Hexion LLC (now known as Momentive Specialty Chemicals Holdings LLC).

  • MPM Holdings and the Apollo Group (as defined in the Securityholders Agreement) each agree that it will not exercise its call rights under Section 6 of the Securityholders Agreement with respect to any Holdco Units that you hold or acquire in the future.

  • Notwithstanding the fact that the number of options originally granted to you was based on your equity ownership, MPM Holdings and the Apollo Group also agree that the sale of such Holdco Units, if consummated at your request, will in no way impact the number of options heretofore granted to you, nor will it impact the rights and benefits of the options or remaining units you continue to own thereafter.

  • The Plan is strictly a voluntary undertaking on the part of MPM Holdings, and no Person shall have any claim to receive any award under the Plan.

  • Interpretation 66 This AGREEMENT AND PLAN OF MERGER, dated as of September 13, 2018 (this “Agreement”), is by and among MOM Holding Company, a Delaware corporation (“Parent”), MOM Special Company, a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”), and MPM Holdings Inc., a Delaware corporation (the “Company”).

  • Within 60 days following your start date, you shall be recommended to the Compensation Committee as a participant in the MPM Holdings Inc.

  • MPM Holdings and the Apollo Group (as defined in the Securityholders Agreement) each agree that it will not exercise its call rights under Section 6 of the Securityholders Agreement with respect to any units that you hold or acquire in the future.