BGCP definition
Examples of BGCP in a sentence
The rights and remedies of BGCP and its Affiliates hereunder are not exclusive of or limited by any other rights or remedies that BGCP and its Affiliates may have, whether at law, in equity, by contract or otherwise, all of which shall be cumulative (and not alternative).
On January 13, 2015, Plaintiffs filed a Motion for Leave to File a Supplement to Verified Class Action Complaint, which proposed supplement included allegations that disclosures to GFI stockholders in the Proxy were misleading or omitted material information and allegations that the Management Defendants had further breached their fiduciary duties by threatening to modify certain employment agreements in order to make the possibility of a transaction with BGCP less attractive to BGCP.
In addition, CFLP may cause any or all of the benefits due to Cantor to be received by any of its subsidiaries, other than BGCP or any of its subsidiaries.
The BGCP Compensation Committee shall be under no obligation to increase the Individual Member’s Allocated Monthly Advance Drawings following such review.
The Individual Member’s Allocated Monthly Advance Drawings shall be reviewed by the BGCP Compensation Committee annually.
Following the Offer Closing, none of BGCP, GFI or their respective Subsidiaries or Affiliates shall be entitled to access any communications or documents related to any privilege that exists between the Applicable Persons and their respective counsel.
The execution, delivery and performance of this Agreement and the consummation of the Transactions have been duly and validly authorized by all necessary corporate or limited partnership, as applicable, actions and, no other corporate or limited partnership, as applicable, proceedings on the part of either BGCP or Purchaser are necessary for BGCP and Purchaser to authorize this Agreement or to consummate the Transactions.
For the avoidance of doubt, nothing in this Section 8.12 shall affect the transfer, upon the Offer Closing, to BGCP of any privilege solely belonging to GFI.
In addition, GFI agrees to provide BGCP and its counsel with any comments, whether written or oral, that GFI or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 promptly after the receipt of such comments, to consult with BGCP and its counsel prior to responding to any such comments and to provide BGCP with copies of all such written responses (or summaries of all material oral responses).
Each of BGCP and Purchaser is qualified or licensed to do business and is in good standing as a foreign corporation in each jurisdiction where the ownership, leasing or operation of its properties or assets or conduct of its business requires such qualification or license, except where any failures to be so qualified or licensed and in good standing do not constitute a BGCP Material Adverse Effect.