BOHI definition
Examples of BOHI in a sentence
The shareholders of IBG and BOHI ▇▇▇ll have approved this Agreement and the transactions contemplated hereby by the requisite vote.
BOHI ▇▇▇ Bank of Houston have not received within the past three years any written notice of infringement of or conflict with the rights of others with respect to the use by BOHI ▇▇ Bank of Houston of Proprietary Rights, and there is no claim or action by any such person pending or, to the Best Knowledge of BOHI, ▇▇reatened, with respect thereto.
All representations and warranties made by BOHI ▇▇ ARTICLE III shall have been true and correct in all material respects (except for those representations and warranties which are qualified by a materiality standard, which shall be true and correct in all respects) when made and as of the Closing with the same force and effect as if such representations and warranties were made at and as of the Closing (other than those limited to a specified date, which shall speak only as to such date).
The transactions contemplated under this Agreement shall be consummated on a date (the “Closing Date”) mutually agreeable to IBG and BOHI ▇▇▇t is within five (5) business days after the receipt of all necessary regulatory, corporate and other approvals, and the expiration of all associated mandatory waiting periods (the “Required Approvals”).
IBG shall promptly notify BOHI ▇▇ writing if any change shall have occurred or been threatened (or any development shall have occurred or been threatened involving a prospective change) in the business, financial condition, or operations of IBG and/or Independent Bank that has or may reasonably be expected to have to result in a Material Adverse Change with respect to IBG or Independent Bank or lead to a failure to obtain necessary regulatory approval of the transactions contemplated by this Agreement.
For purposes of this Agreement, “Tangible Book Value” means the tangible shareholders’ equity of BOHI ▇▇ determined from BOHI’▇ ▇▇▇ancial statements prepared in accordance with generally accepted accounting principles, consistently applied.
BOHI ▇▇▇ delivered or made available to IBG true and correct copies of all Contracts.
If outstanding Certificates for BOHI ▇▇▇res are not surrendered or the payment for them is not claimed before the date on which such IBG Shares or cash would otherwise escheat to any governmental unit or agency, the unclaimed items shall, to the extent permitted by abandoned property or any other applicable law, become the property of IBG (and to the extent not in its possession shall be delivered to it), free and clear of all claims or interest of any person previously entitled to such property.
None of IBG, BOHI, ▇▇e Exchange Agent or any other person shall be liable to any former holder of BOHI ▇▇▇res for any IBG Share (or dividends or distributions with respect thereto) or cash properly delivered to a public official pursuant to applicable abandoned property, escheat or similar laws.
IBG hereby makes the following representations and warranties to BOHI, ▇▇ qualified, if necessary, by the Schedules referenced herein.