BPB Shares definition

BPB Shares means the shares of common stock, $1.00 par value per share, of BPB.
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Examples of BPB Shares in a sentence

  • 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").

  • 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.

  • Each Stockholder also consents and acknowledges that "stop transfer" instructions may be noted against the BPB Shares received by him or her as consideration hereunder.

  • Each Stockholder is aware that BPB will make a notation in its appropriate records with respect to the transactions on the transferability of such BPB Shares.

  • BPB shall use its reasonable best --------------------- efforts to cause the BPB Shares to be issued under this Agreement to be approved for quotation, upon official notice of issuance, on the Nasdaq Small Cap Market.

  • The BPB Shares to be issued to the Stockholders pursuant to this Agreement will be, when issued and delivered to the Stockholders in accordance with this Agreement, duly authorized, validly issued, fully paid, non-assessable and free and clear of any Encumbrances, subject to restrictions imposed herein, on the certificate or certificates therefor or by the Securities Laws.

  • BPB has, or will have on or before the Closing Date, sufficient authorized and unissued BPB Shares to consummate the Merger.

  • As of August 8, 1997, there were (i) 6,693,608 BPB Shares issued and outstanding and (ii) 2,985,500 BPB Shares reserved for future issuance pursuant to BPB's 1997 Long Term Stock Incentive Plan.

  • BPB shall use its reasonable best efforts to cause the BPB Shares to be issued under this Agreement to be approved for quotation, upon official notice of issuance, on the Nasdaq Small Cap Market.

  • BPB has, or will have on or before the ----------------- Closing Date, sufficient authorized and unissued BPB Shares to consummate the Merger.