BFT Trustee definition
Examples of BFT Trustee in a sentence
BFT Trustee has reviewed each of the security procedures and has determined that the option checked in Part III of this Exhibit B-2 best meets its requirements; given the size, type and frequency of the instructions it will issue to the Escrow Agent.
If BFT Trustee chooses this Option 3, it agrees that no further confirmation of funds transfer instructions will be performed by the Escrow Agent.
The BFT Trustee has the power, authority and legal capacity to sell, transfer, assign and deliver the Conveyed Equity as provided in this Agreement, and at the Closing, the BFT Trustee will transfer valid title to the Conveyed Equity to Buyer, free and clear of any Lien.
BFT Trustee further acknowledges that instructions and data sent by e-mail may be less confidential or secure than instructions or data transmitted by other methods.
Such resignation or removal, as the case may be, shall be effective thirty (30) days after the delivery of such notice or upon the earlier appointment of a successor, and the Escrow Agent’s sole responsibility thereafter shall be to safely keep the Escrow Property and to deliver the same to a successor escrow agent as shall be appointed by the Parties, as evidenced by a joint written notice signed by Buyer and the BFT Trustee filed with the Escrow Agent or in accordance with a court order.
The BFT, the BFT Trustee, JB, Sr., and the Revocable Trusts are collectively referred to as the “Represented Parties”.
If BFT Trustee wishes to use the password protected file transfer system, further instructions will be provided by the Escrow Agent.
The Midvale Building ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ St. Louis, Missouri ▇▇▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ Email: ▇▇▇_▇▇▇▇▇▇@▇▇▇.▇▇▇ With a copy to (which shall not constitute notice to the BFT Trustee: ▇▇▇▇▇▇ ▇.
Effective as of January 1, 2007 (the “Effective Date”), Executive shall serve as Chief Operating Officer, Executive Vice President and Treasurer, with duties commensurate with such positions and such other duties and responsibilities as assigned from time to time by the Company.
By selecting the security procedure specified in Part III of this Exhibit B-2, BFT Trustee acknowledges that it has elected to not use the other security procedures described and agrees to be bound by any funds transfer instruction, whether or not authorized, issued in its name and accepted by the Escrow Agent in compliance with the particular security procedure chosen by BFT Trustee.