BCML definition
Examples of BCML in a sentence
For the purposes of holding the Shareholders Meeting, BFC shall draft and prepare, and BCML shall cooperate in the preparation of a proxy statement satisfying all applicable requirements of applicable state and federal securities laws, and the rules and regulations thereunder (such proxy statement in the form mailed to the shareholders of BFC, together with any and all amendments or supplements thereto, being herein referred to as the “Proxy Statement”).
BANK shall consider any comments that may be raised by BCML within forty-eight (48) hours of BCML’s receipt of the Loan Package.
With respect to each BCML Benefit Plan, BCML agrees that for purposes of determining eligibility to participate, vesting and benefits (other than benefit accruals under any defined benefit pension plan), service with BFC and/or BANK shall be treated as service with BCML; provided, however, that such service shall not be recognized to the extent that such recognition would result in a duplication of benefits.
There shall not have occurred any event, circumstance, change, occurrence or state of facts that, individually or in the aggregate with all such other events, circumstances, changes occurrences or states of facts, has resulted in or would reasonably be expected to result in, a Material Adverse Effect on BCML.
By the mutual consent in writing of BCML, Merger Sub, UBB, BFC and BANK.
BCML does not have any other shares of capital stock authorized, designated, issued or outstanding.
By BCML, if BFC and BANK shall have breached any covenant contained in Section 6.5 above.
If, after the Primary Merger Effective Time, any Certificate is presented to BCML or the Exchange Agent for transfer, it shall be cancelled and exchanged for the Per Share Merger Consideration to which the holder of the Certificate is entitled pursuant to this Article III.
Payment of the BCML Termination Fee and Party Expenses shall be made by wire transfer of same day funds to the account or accounts designated by BCML as promptly as reasonably practicable after termination.
BFC and BANK shall use their respective best efforts to obtain and deliver to BCML at the Closing with respect to all real estate (i) owned by BFC and/or BANK, an estoppel letter dated as of the Closing Date in a form reasonably acceptable to BCML from each tenant and (ii) leased by BFC and/or BANK, an estoppel letter dated as of the Closing Date in a form reasonably acceptable to BCML from each lessor to the extent required by the applicable lease.