BIUSA definition
Examples of BIUSA in a sentence
On and after the Consummation Date, the Bylaws of BIUSA shall be in the form attached as Exhibit C hereto, as they may be amended after the Consummation Date.
BIUSA shall not take any actions that are inconsistent with LSG's rights pursuant to the Option.
Each certificate representing New BIUSA Common Stock and New BIUSA Class C Junior Preferred Stock shall bear on the face thereof the legend set forth in Section 3.4 of the Stockholders Agreement.
The New BIUSA Common Stock shall have the rights provided in the Restated Certificate of Incorporation of BIUSA attached as Exhibit A hereto.
In the event that any of the Key BIUSA Shareholders Transfers (as such term is defined in Clause 8.1) in excess of 50% of his shares of common stock in BIUSA (as set out in Clause 1), then neither LSG nor TOPflight shall be bound by the foregoing restriction.
Promptly following execution of this Agreement, the Shareholders shall attempt collectively to determine a value for all of the shares held by BIUSA in Riga Catering Services (the "Riga Shares").
In addition, BIUSA shall deliver to LSG all documents, instruments and releases and shall do all acts and things as LSG may reasonably request, whether before or after closing of the purchase of the Option Shares, to vest title to the Option Shares in LSG at the closing of such purchase.
The Board shall consist of five Directors, two of whom shall be designated by BIUSA, two of whom shall be designated by TOPflight, and one of whom shall be designated by LSG.
BIUSA shall at all times continue to hold sufficient Shares to enable LSG to fully exercise the Option and shall take all such actions as may be necessary or appropriate to enable LSG to acquire the Option Shares and otherwise to preserve LSG's rights pursuant to the Option.
This Agreement shall come into force and effect as of the date hereof as set forth on the first page of this Agreement and shall supersede the Joint Venture Agreement dated February 6, 1996 between BIUSA and TOPflight, which agreement shall be deemed terminated as of the date hereof.