Examples of MSG Business in a sentence
Target Setting For the standard 2019 fiscal year performance stock units granted for the 2019-2021 fiscal year period and the MSG Performance Alignment PSU Grant, MSG’s Compensation Committee selected Total MSG Net Revenue and MSG Business Unit AOI as the two financial metrics.
For those awards, the MSG Compensation Committee also selected Total MSG Net Revenue and MSG Business Unit AOI as the two financial metrics, and have the same terms as the standard MSG performance stock units granted in the 2018 fiscal year as disclosed in the MSG 2018 fiscal year Definitive Proxy Statement, filed with the SEC on October 25, 2018.
MSG intends to disclose its Total MSG Net Revenue and MSG Business Unit AOI payout results as a percentage of Table of Contents target as well as the resulting payout for the 2019-2021 fiscal year performance stock units and the MSG Performance Alignment PSU Grant as a percentage of target after the end of the performance period.
Except (a) as provided in the Tax Disaffiliation Agreement or (b) when a longer retention period is otherwise required by Law or agreed to in writing, the MSG Group and the Spinco Group shall retain all Records relating to the MSG Business and the Spinco Business as of the Effective Time for the periods of time provided in each Party’s record retention policy (with respect to the documents of such party and without regard to the Distribution or its effects) as in effect on the Distribution Date.
Except (a) as provided in the Tax Disaffiliation Agreement or (b) when a longer retention period is otherwise required by Law or agreed to in writing, the Cablevision Group and the MSG Group shall retain all Records relating to the Cablevision Business and the MSG Business as of the Effective Time for the periods of time provided in each Party’s record retention policy (with respect to the documents of such party and without regard to the Distribution or its effects) as in effect on the Distribution Date.
MSG intends to disclose its Total MSG Net Revenue and MSG Business Unit AOI payout results as a percentage of target as well as the resulting payout for the 2019-2021 fiscal year performance stock units and the MSG Performance Alignment PSU Grant as a percentage of target after the end of the performance period.
The parties hereto agree that none of the MSG Business, the MLS Business or the Transferred Assets are “United States real property interests” within the meaning of section 897(c) of the Code, and therefore no withholding on the Purchase Price is required pursuant to section 1445 of the Code with respect to any portion of the Purchase Price allocated to the MSG Business, the MLS Business or the Transferred Assets.
Each of the Sellers is qualified or licensed to do business in each jurisdiction in which the ownership of its property or assets that impact the MSG Business and/or the MLS Business, or the conduct of the MSG Business and/or the MLS Business, requires such qualification or license, except for such failures that, individually or in the aggregate, have not had and would not reasonably be expected to have a material adverse effect on the MSG Business and the MLS Business.