MSC Holdings definition

MSC Holdings is defined in the recitals.
Sample 1Sample 2Sample 3
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.
Sample 1

Examples of MSC Holdings in a sentence

  • Within 60 days following the date of this Agreement, the Company shall cause its indirect parent, MSC Holdings, Inc.

  • On October 1, 2010, MSC Holdings and Momentive Performance Materials Holdings Inc.

  • At June 30, 2011, the Company had two reportable segments: Epoxy, Phenolic and Coating Resins and Forest Products Resins.The Company's direct parent is Momentive Specialty Chemicals Holdings LLC ("MSC Holdings"), a holding company and wholly owned subsidiary of Momentive Performance Materials Holdings LLC ("Momentive Holdings"), the ultimate parent entity of MSC.

  • In addition, at September 30, 2010 the Company has not recorded accretion of the purchase discount or interest income as ultimate receipt of these cash flows is under the control of MSC Holdings.

  • All notices, demands and requests required under this Agreement shall be in writing and shall be deemed to have been given if served personally or sent by registered or certified mail, postage prepaid, or by telegraph or telex addressed to the addressee set forth or such other addresses as either party may designate by notice to the other: Management Services Agreement ----------------------------- 4 If to MSC: MSC Holdings, Inc.

  • Purchase of Momentive Specialty Chemicals Holdings LLC debtIn 2009, the Company purchased $180 in face value of the outstanding MSC Holdings LLC PIK Debt Facility for $24, including accrued interest.

  • The loan receivable from MSC Holdings has been recorded at its acquisition value of $24 as a reduction in the unaudited Condensed Consolidated Statement of Deficit and Comprehensive Income as MSC Holdings is the Company’s parent.

  • The purpose of this 1995 Stock Option Plan ("Plan") of MSC Holdings, Inc., a Delaware corporation (the "Company"), is to enable the Company to attract, retain and motivate its employees, non-employee directors, and independent contractors by providing for or increasing the proprietary interests of such employees, non-employee directors, and independent contractors in the Company.

  • At September 30, 2011, the Company had two reportable segments: Epoxy, Phenolic and Coating Resins and Forest Products Resins.The Company's direct parent is Momentive Specialty Chemicals Holdings LLC ("MSC Holdings"), a holding company and wholly owned subsidiary of Momentive Performance Materials Holdings LLC ("Momentive Holdings"), the ultimate parent entity of MSC.

  • Momentive Holdco has agreed to contribute any proceeds from the issuance of preferred or common units under this agreement as a capital contribution to MSC Holdings, and MSC Holdings has agreed to contribute such amounts as a capital contribution to the Company.

Related to MSC Holdings

  • 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.

  • Holdings has the meaning specified in the introductory paragraph to this Agreement.

  • CFC Holding Company means a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • 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:

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

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • Holdco has the meaning set forth in the Preamble.

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • Intermediate Holdco means Sunnova Intermediate Holdings, LLC, a Delaware limited liability company.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • 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;

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • OpCo has the meaning set forth in the Preamble.

  • Holdings LLC Agreement means the Third Amended and Restated Limited Liability Company Agreement of Holdings, dated on or about the date hereof, as such agreement may be amended from time to time.

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

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a limited liability company, the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or (ii) a limited liability company the primary asset of which consists of Equity Interests in a Foreign Subsidiary.

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

  • Topco has the meaning set forth in the Preamble.

  • mixed-activity holding company means a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution;

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

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • GP means Gottbetter & Partners, LLP.