BCL definition

BCL means the Pennsylvania Business Corporation Law of 1988, as amended.
BCL means the New York Business Corporation Law.
BCL the Louisiana Business Corporation Law.

Examples of BCL in a sentence

  • To the extent that a change in the BCL (whether by statue or judicial decision) permits greater indemnification by agreement than would be afforded currently under the By-laws of the Company and this Agreement, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change.

  • The rights of the Indemnitee hereunder shall be in addition to any other rights Indemnitee may have under the By-laws of the Company, the BCL or otherwise.

  • Notwithstanding the provisions of Section 2, the obligations of the Company under Section 2 (which shall in no event be deemed to preclude any right to indemnification to which Indemnitee may be entitled under Section 723(a) of the BCL) shall be subject to the condition that the Reviewing Party shall have authorized such indemnification in the specific case by having determined that Indemnitee is permitted to be indemnified under the applicable standard of conduct set forth in Section 2 and applicable law.

  • Additionally, the Holders agree that any such determinations of an Alternative Rate and any Adjustments do not represent an adverse change under Section 1914(b) of the Pennsylvania BCL.

  • The Merger and this Agreement shall have been approved and adopted by the vote required by Section 903 of the BCL.


More Definitions of BCL

BCL shall have the meaning set forth in Section 2.1(a).
BCL means Bank Capacity/Comfort Letter;
BCL means the “Banque Centrale de Luxembourg”, the Central Bank of Luxembourg.
BCL means the Pennsylvania Business Corporation Law.
BCL has the meaning set forth in the Recitals.
BCL means Bri-Chem Logistics, LLC, formally General Supply Company
BCL. Brothers Capital Limited, a limited company incorporated in the British Virgin Islands