BTAB definition
Examples of BTAB in a sentence
All fees required to be paid by Investor or any of its Affiliates on or prior to the date hereof in respect of the BTAB Commitment Letter and the BT Letter have been paid by Investor or its Affiliates, as applicable.
Each of the BTAB Commitment Letter and a letter from Bankers Trust Company ("BT") relating to the Credit Facility (the "BT Letter") have been duly accepted by Investor.
The Company shall have obtained title insurance and surveys for each parcel of Owned Real Property located within the United States and Leased Real Property in the United States (to the extent required by the providers of the BTAB Financing), in each case, which is in customary form and does not disclose matters other than (i) Permitted Encumbrances or (ii) matters which do not have a material adverse effect on the current use of such parcel of Real Property.
Prior to the Closing Date, the Company shall have authorized (i) the issuance and sale of the Purchase Shares to the Investor and (ii) the other transactions comprising the Recapitalization, including the Stock Redemption and the BTAB Financing.
With respect to each leased parcel of Real Property, the Company shall have delivered to Investor (to the extent required by the providers of the BTAB Financing) a consent and waiver and an estoppel letter executed by the landlord, lessor, landlord and/or licensor of such leased Real Property, in each case, in form and substance reasonably acceptable to Investor and the providers of the BTAB Financing.
The Company shall have received the financing described in the BTAB Commitment Letter and the BT Letter consistent with the terms therein or otherwise obtained financing sufficient to consummate the transactions contemplated hereby on terms reasonably satisfactory to Investor.
As of the date hereof, neither BTAB nor BT have advised Investor of any reason why the BTAB Commitment Letter or the BT Letter will not be fulfilled in a manner sufficient to consummate the Recapitalization.
As of the date hereof neither BTAB nor BT have advised Investor of any reason why the BTAB Commitment Letter or the BT Letter will not be fulfilled in accordance with their terms.
Brow▇ ▇▇▇orporated ("BTAB"), dated December 18, 1997 (the "BTAB Commitment Letter"), pursuant to which BTAB has committed to provide up to $215 million in financing for the transactions contemplated hereby.
As of immediately after the Closing, (i) the Purchase Shares which are Company Common Stock and the Sub Retained Shares shall constitute all of the issued and outstanding shares of the Company Common Stock and (ii) the Purchase Shares, the Sub Retained Shares and any shares of the Company's preferred stock (the "Preferred Shares") issued pursuant to the BTAB Financing shall constitute all of the issued and outstanding shares of the Company's capital stock.