AOPB definition
Examples of AOPB in a sentence
Organization of personnel shall primarily be done in accordance with the AOPB (paragraph 10).
In case VersaPoint shall decide to undertake a debt financing to raise funds contemplated by the AOPB, but such debt is not reasonably obtainable without an equity increase, the Shareholders A and B shall approve an issuance of Shares requested by VersaPoint insofar as (a) such issuance is required in order to obtain sufficient debt financing and (b) the amount of equity raised will not exceed 10% of the total amount of funding (i.e. both debt and equity) raised.
Each Shareholder A and B is obliged to provide the remainder of the Committed Funding within 10 business days after the CEO requests such in accordance with the AOPB.
AGREEMENT THIS SHAREHOLDERS AGREEMENT --------- --------------------------- AOPB..............................
Thereafter, the CEO and CFO shall be responsible for the preparation of the AOPB and an annually updated Five Year Business Plan for the Newco Group, each of which shall be submitted to the Management Board for its approval in accordance with Section 3.5(a) no later than 90 days prior to the beginning of each Fiscal Year.
Such parent may undertake directly the negotiation of Accounting Rates for all or any of its routes in respect of which the applicable Newco Subsidiary failed by more than 5% to achieve the budgeted net Accounting Rate for such route as set forth in the relevant AOPB or Provisional AOPB for any year in the four full Fiscal Year period in which the Performance Test Shortfall for the ICS Unit occurred.
With respect to the first AOPB and Five Year Business Plan and, following approval by the Management Board, any subsequent AOPB and Five Year Business Plan, and with respect to a Provisional AOPB, Thistle BV will cause its officers and employees and those of the Newco Subsidiaries to conduct the operations of such Newco Subsidiaries in accordance therewith.
For purposes of this clause(s), “Approved Originator” shall mean Angel Oak Home Loans LLC, and Angel Oak Mortgage Solutions LLC, Homebridge and AOPB, and each of their respective successors in interest, or any other originator approved by Buyer in its sole discretion.
The AOPB and Five Year Business Plan shall have the same form and shall address the same matters, including the aggregate requirements for equity or debt funding, or both, from each of VLT and BT Holdings as the first AOPB and Five Year Business Plan, subject to any changes approved by the Management Board pursuant to Section 3.5(a).
The first AOPB shall be agreed by the parents prior to the Closing.