BAI definition

BAI. Salam" means a contract in which advance payment is made for certain defined goods (other than gold, silver and currencies) to be delivered later on a fixed date.

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BAI means Bank of America Illinois, an Illinois banking corporation.

BAI means the Broadcasting Authority of Ireland or anybody which, under statute or order, now or at any time performs any of the roles or responsibilities now undertaken by the BAI;

Examples of BAI in a sentence

• At Closing Time, ▇▇▇▇▇▇▇ ▇▇▇▇▇ shall have received the Additional Compensation Agreement, dated as of the Closing Date, as executed by BAI.

• Concurrently with such acknowledgement, the BAI Agent will deliver to the Trustee if any Trustee Obligations shall be outstanding any items of such Collateral held in the possession of the BAI Agent, provided that if no Trustee Obligations are outstanding, the BAI Agent will deliver any such items of Collateral to the appropriate Loan Party.

• The BAI Agent acknowledges that prior to such delivery it holds such items of Collateral for the Trustee in accordance with the terms of this Agreement for purposes of perfecting the Trustee's security interest therein.

• Such exercise and enforcement shall include, without limitation, the rights of an agent appointed by them to sell or otherwise dispose of BAI Lender Priority Collateral upon foreclosure, to incur expenses in connection with such sale or disposition, and to exercise all the rights and remedies of a secured lender under the Uniform Commercial Code of any applicable jurisdiction and of a secured creditor under bankruptcy or similar laws of any applicable jurisdiction.

• This Agreement is intended solely for the purpose of defining the relative rights of the BAI Lenders, the BAI Agent, the BIPCO Lenders, the BIPCO Agent and the Trustee, and no other Person shall have any right, benefit or other interest under this Agreement.

More Definitions of BAI

BAI at (literally means to sell oneself to a cause, or to be initiated into such a cause, or the nearest equivalent, an oath of allegiance undertaken at someone’s hands) is a pledge made by a person who is not an Ahmadi by birth to fulfil certain conditions and abide by the doctrines of Islam…An Ahmadi is a person who believes in the Ahmadiyya doctrine. An Ahmadi by birth, as the term applies [sic], is a person who was born of Ahmadi parents. He is not required to be initiated and therefore is not required to go through the bai’at procedure, unless there has been a change in the Supreme Head of the community (the Khalifatul Masih) when all Ahmadis perform the bai’at effectively renewing their allegiance to the new Head…There is no objection for Ahmadis by birth to perform the bai’at but they will of course not be issued with a Certificate of Bai’at.” [18] (p1-2)

BAI means BAI GmbH, a company duly incorporated and existing under the laws of Germany.

BAI at (literally means to sell oneself to a cause, or to be initiated into such a cause, or the nearest equivalent, an oath of allegiance undertaken at someone’s hands) is a pledge made by a person who is not an Ahmadi by birth to fulfil certain conditions and abide by the doctrines of Islam…An Ahmadi is a person who believes in the Ahmadiyya doctrine. An Ahmadi by birth, as the term applies [sic], is a person who was born of Ahmadi parents.

BAI has the meaning set forth in the preamble to the Agreement.

BAI means Beaumont Ammonia, Inc., a Delaware corporation and Subsidiary of Terra U.K. Holdings, the principal business of which shall be the construction and operation of the Ammonia Loop.

BAI means BAI GmbH.

BAI has the meaning ascribed to such term in the Preamble.