Banfi definition
Examples of Banfi in a sentence
Any such purchase and sale shall be on an “as-is”, “where-is” basis, except that Banfi shall transfer the Units to CyT free and clear of all liens and encumbrances of any kind created by Banfi.
Any such purchase and sale shall be on an “as-is”, “where-is” basis, except that Banfi shall transfer the Units to CyT free and clear of all liens and encumbrances of any kind.
Upon receipt of a Change of Control Notice, Banfi shall have the right (but not the obligation), upon delivery of written notice of its intention to exercise such right to CyT within thirty (30) days after receipt of such Change of Control Notice, to sell to CyT or its successor, and, if Banfi exercises such right, CyT or its successor shall have an irrevocable obligation to purchase from Banfi, all of Banfi’s Units in the Company for a purchase price equal to the Change of Control Put Purchase Price.
Nothing herein shall require Banfi to exercise its rights under this Section 7.7(b), provided, however, that if Banfi does exercise the put right contained herein with regard to the failure of the CyT Directors to attend such meeting and subsequent adjournments, such exercise shall be Banfi’s sole and exclusive remedy with respect thereto.
The closing of any such purchase shall occur as soon as reasonably practicable, but no later than the later of (i) sixty (60) days after delivery of such notice of exercise to Banfi by CyT, and (ii) five (5) days following expiration of any applicable waiting period under the ▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Antitrust Improvements Act of 1976.
The closing of any such purchase shall occur as soon as reasonably practicable, but no later than the later of (i) thirty (30) days after delivery of such notice of exercise to Banfi by CyT, and (ii) five (5) days following expiration of any applicable waiting period under the ▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Antitrust Improvements Act of 1976.
Banfi Products Corporation is the United States importer of the Chilean Brands for ▇▇▇▇ ▇▇▇▇▇▇ y ▇▇▇▇ ▇.▇.
Except as to matters requiring Unanimous Approval pursuant to Section 3.4(d) or another section of this Agreement or requiring the exclusive vote of Banfi Directors pursuant to Section 3.4(c), the affirmative vote, approval or consent of at least one (1) Banfi Director and one (1) CyT Director shall be necessary and required for the approval of any item of business that is decided by the Board of Directors.
Each Banfi Guarantor further agrees that the Banfi Guaranteed Obligations may be amended, modified, extended or renewed, in whole or in part, in the manner provided for under this Agreement without notice to or further assent from it, and that it will remain bound upon its guarantee notwithstanding any amendment, modification, extension or renewal of any of the Banfi Guaranteed Obligations, whether or not any of the foregoing would in any way increase the obligations of a Banfi Guarantor hereunder.
Should an Agency Agreement be terminated pursuant to Section 7(b) thereof (if the supplier’s breach of such Agency Agreement has not been cured to the Company’s reasonable satisfaction within the 60-day cure period referenced in such Section 7(b)), Banfi shall, for a period of one hundred eighty (180) days from the termination date, have the right to sell, and CyT agrees to an irrevocable obligation to purchase, all of Banfi’s Units under this agreement, for the Agency Agreement Put Purchase Price.