Examples of New Marriott in a sentence
The present name of the corporation is "Marriott International, Inc." The name under which the corporation was originally incorporated is New Marriott MI, Inc., and the original Certificate of Incorporation of the corporation was filed with the Secretary of State of the State of Delaware on September 19, 1997.
This Agreement ---------------------------------------------- shall not become effective, and the Existing Agreement shall remain in effect, until such time as New Marriott, Host Marriott, SMS, and HMSC have executed and delivered an Acknowledgment and Release substantially in the form of Exhibit A --------- hereto.
Sodexho will pay, on demand by New Marriott, any amounts not timely paid by SMS under this Agreement and the Indenture.
New Marriott may exercise its --------------------------------- right to redeem any Securities in accordance with Article 3 of the Indenture, without obtaining the prior consent of SMS.
The proceeds of the Advances shall be available (and the Borrower agrees that it shall use such proceeds) solely to refinance certain Existing Debt of the Borrower, ICC and their respective Subsidiaries, to make any required payment to New Marriott and to pay transaction fees and expenses.
No amendment, modification, termination or waiver of any provision of these obligations, or consent to any departure by Sodexho therefrom, shall in any event be effective without the written concurrence of New Marriott.
The proceeds of the Advances and issuances of Letters of Credit shall be available (and the Borrower agrees that it shall use such proceeds and Letters of Credit) solely to refinance certain Existing Debt of ICC, the Parent Guarantor, and their respective Subsidiaries, to make any required payment to New Marriott, to pay transaction fees and expenses and, from time to time, to finance working capital needs and for general corporate purposes of the Borrower and its Subsidiaries.
To the extent that SMS is not ----------------------------- permitted or obligated to make any payment hereunder or under the Indenture for any reason whatsoever, Sodexho agrees to make such payment directly to New Marriott or the Trustee, as the case may be, and shall indemnify New Marriott for any losses, costs or expenses incurred by New Marriott as a result of SMS not being permitted or obligated to make any such payments.
This Registration Statement on Form S-8 is filed by New Marriott MI, Inc.
The Compensation Committee shall consist of one Independent Director who will serve as the Chairman of the committee, one Sodexho Designee and one New Marriott Director.