BPB definition
Examples of BPB in a sentence
In the event the Employee and BPB are unable to agree on a third arbitrator, such arbitrator shall be designated by the two arbitrators previously designated.
During the term of this Agreement, the Employee shall be entitled to receive prompt reimbursement for all reasonable expenses incurred by the Employee in performing services hereunder, provided such expenses are properly accounted for in accordance with BPB policy.
In addition, BPB may notify the Federal Deposit Insurance Corporation and the Massachusetts Commission of Banks of the transactions contemplated by this Agreement upon execution hereof.
The representations and warranties by, and the other agreements on the part of, BPB to and for the benefit of such underwriters shall also be made to and for the benefit of Requesting Stockholders.
No Stockholder has or shall have any right, nor shall any Stockholder seek, to act individually with respect to BPB or BPIM in connection with the matters relating to this Agreement; all such action to be coordinated for the Stockholders exclusively through the Stockholders' Representatives.
In the Merger, the then outstanding Shares will be converted at the Effective Time (as hereinafter defined) into the right to receive, at the Closing (as hereinafter defined) and subject to the terms and conditions of this Agreement and the Escrow Agreement (as hereinafter defined), an aggregate of 3,918,367 BPB Shares (the "Base Shares") minus the Advisory Revenue Adjustment, if applicable (such excess being called the "Purchase Shares").
BPB also shall agree to provide for contribution as shall reasonably be requested by the Requesting Stockholders or any underwriters in circumstances where such indemnity is held unenforceable.
The Company and the Stockholders have made available to BPB copies of all sales, marketing and account solicitation agreements and material arrangements of the Company.
The copies of the charter, by-laws, comparable organizational document and any amendments thereto of the Company and each Pooled Product heretofore delivered to BPB and BPIM are complete and correct copies of such instruments as currently in effect.
Notwithstanding anything to the contrary contained in this Agreement, in no event shall BPB be obligated to deliver any BPB Shares in the Merger in excess of the Purchase Shares.