Examples of Mtron in a sentence
The Company formed three subsidiaries: M-tron Systems Holdings, LLC, LGL Systems Acquisition Holding Company, LLC and LGL Systems Acquisition Corp.
MtronPTI also has sales offices in Austin, Texas and Hong Kong.In 2019, the Company created an intermediate holding company, M-tron Systems Holdings, LLC, for its existing operating assets and reorganized to facilitate opportunities to further diversify its portfolio.
Subject to the other applicable provisions of this Agreement (including, without limitation, Section 5), Mtron irrevocably designates, and agrees to cause each Affiliate of Mtron so to designate, LGL as its sole and exclusive agent and attorney-in-fact to take such action (including execution of documents) as LGL may deem reasonably appropriate in matters relating to the preparation or filing of any Tax Return described in Sections 3.1 and 3.2(a)(ii).
LGL shall be responsible for remitting to the proper Tax Authority the Tax shown on any Tax Return for which it is responsible for the preparation and filing pursuant to Section 3.1 or Section 3.2, and Mtron shall be responsible for remitting to the proper Tax Authority the Tax shown on any Tax Return for which it is responsible for the preparation and filing pursuant to Section 3.2.
Mtron shall bear all costs incurred by it, and all reasonable costs incurred by LGL, in connection with requesting and/or obtaining any Unqualified Opinion reasonably satisfactory to LGL in both form and substance.
These programs foster interoperability and NATO integration, promote regional defense cooperation and stability, and support development of defense institutions needed to maintain interoperability and expeditionary capability made over the past decade.
All Tax Returns that include any members of the Mtron Group or LGL Group, or any of their respective Affiliates, shall be prepared in a manner that is consistent with the qualifying the Distribution for the Tax-Free Status.
Mtron shall make available, and cause its Subsidiaries to make available, to members of the LGL Group for inspection and copying (x) all Tax Records in their possession that relate to a Pre-Distribution Period, and (y) the portion of any Tax Record in their possession that relates to a Post-Distribution Period and which is reasonably necessary for the preparation of a Tax Return by a member of the LGL Group or any of their Affiliates or with respect to any Tax Contest with respect to such return.
For the avoidance of doubt, LGL shall have the right to seek injunctive relief to prevent Mtron or any of its Subsidiaries from taking any action that is not consistent with the covenants of the Mtron or any of its Subsidiaries under Section 7.1 or 7.2.
LGL shall make available, and cause its Subsidiaries to make available, to members of the Mtron Group for inspection and copying the portion of any Tax Record in their possession that relates to a Pre-Distribution Period and which is reasonably necessary for the preparation of a Tax Return by a member of the Mtron Group or any of their Affiliates or with respect to any Tax Contest with respect to such return.