BSFI definition
Examples of BSFI in a sentence
From and after the Closing Date, there shall be no transfers on the stock transfer books of BSFI of the BSFI Common Stock that were outstanding immediately prior to the Effective Time.
BSFI and the BSFI Subsidiaries, as lessee, have the right under valid and existing leases of real and personal properties used by BSFI and the BSFI Subsidiaries in the conduct of their businesses to occupy or use all such properties as presently occupied and used by each of them.
Each BSFI Subsidiary is duly licensed or qualified to do business in the states of the United States and foreign jurisdictions where its ownership or leasing of property or conduct of its business requires such qualification.
As of their respective dates and as of the date any information from the BSFI SEC Reports has been incorporated by reference, the BSFI SEC Reports did not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein made, in light of the circumstances under which they were made, not misleading.
Each of AFC and BSFI hereby agrees to deliver a certificate substantially in compliance with IRS published advance ruling guidelines, with customary exceptions and modifications thereto, to enable BSFI’s counsel to deliver the legal opinion contemplated by Section 9.1.6, which certificate shall be dated as of the date of such opinion and shall be true and correct as of such date.
Each of BSFI and AFC will cooperate with the other and use reasonable efforts to promptly prepare and as soon as practicable following the date hereof, file all necessary documentation to obtain all necessary permits, consents, waivers, approvals and authorizations of the OCC, the FRB and any other third parties and Governmental Entities necessary to consummate the transactions contemplated by this Agreement.
Except to the extent of commitments herein or other contractual commitments, if any, specifically made or assumed by AFC hereunder or by operation of law, AFC shall have no obligation arising from and after the Closing Date to continue in its employ or in any specific job or to provide to any specified level of compensation or any incentive payments, benefits or perquisites to any person who is an employee of BSFI as of the Closing Date.
There are 2,309,179 shares of BSFI Common Stock validly issued and outstanding, fully paid and non-assessable and free of preemptive rights, (ii) 527,314 shares of BSFI Common Stock held by BSFI as Treasury Stock, but not including 27,196 shares of BSFI Common Stock held in trust under the BSFI Restricted Stock Plans but not subject to an award of BSFI Restricted Stock, and (iii) no shares of BSFI Preferred Stock issued or outstanding.
BSFI shall not, except with the prior written consent of AFC, voluntarily make any payment with respect to, or settle or offer to settle, any such demand for payment, or waive any failure to timely deliver a written demand for appraisal or the taking of any other action by such Dissenting Shareholder as may be necessary to perfect appraisal rights under applicable law.
Each of AFC and BSFI shall use its reasonable best efforts to have the Merger Registration Statement declared effective under the Securities Act as promptly as practicable after such filing, and BSFI and AFC shall each thereafter promptly mail the Proxy Statement-Prospectus to their respective stockholders.