BHIC definition
Examples of BHIC in a sentence
BHIC shall be designated as the "Tax Matters Partner" of the Company pursuant to Section 6231(a)(7) of the Code.
Acquiror shall promptly provide BHIC with the Acquiror’s full cooperation and assistance in connection with the California Regulatory Approval.
Unless otherwise expressly specified, this Agreement embodies the entire understanding between IIUM and BHIC Allied in respect of the Project and any prior or contemporaneous representations, either oral or written, are hereby superseded.
Furthermore, BHIC and Acquiror respectively agree to respond, as promptly as practicable, to any proposed undertakings or commitments sought by the California Department of Managed Healthcare from the Acquiror, the Surviving Corporation, BHIC or Target in connection with the California Regulatory Approval.
BHIC and the Acquiror respectively agree to respond, as promptly as practicable, to any requests for information, inquiries or comment letters issued by the California Department of Managed Healthcare.
Target shall cause BHIC to diligently seek the approval of the California Department of Managed Healthcare to a sale of BHIC which results from the Merger pursuant to California Health and Safety Code § 1352 and 28 California Code of Regulations § 1300.52.(d)(iii) (the “California Regulatory Approval”).
The Acquiror shall diligently file a Form A Statement with the Insurance Commissioners in the respective States of Delaware, Maryland, Pennsylvania and Texas seeking approval of Acquiror’s acquisition of control of each of BHIC, BHMD, BHPA and BHTX which results from the Merger under the insurance holding company system Laws of the applicable Regulated Subsidiaries’ domicile State (the “Form A Filings”).
Target shall cause BHIC to use its commercially reasonable efforts to obtain the California Regulatory Approval as promptly as practicable.
After having considered all aspects of the JV, the Board of Directors of BHIC is of the opinion that the JV is in the best interest of BHIC.
BHIC shall be designated as the “Tax Matters Partner” of the Company pursuant to Section 6231(a)(7) of the Code.