BTTC definition

BTTC or the “Company”), Bridgelink Development, LLC, a Delaware limited liability company (“BLD”) and C & C J▇▇▇▇▇▇ Holdings LLC, the sole member of BLD (the “Member”). The Company, BLD and the Member are collectively referred to as the “Parties” and individually as a “Party”. As set forth in more detail below, the Company would acquire from the Member, directly, or indirectly through a wholly-owned subsidiary or controlled affiliate, all of the issued and outstanding membership interests of the Target (as defined below) in exchange for shares of the Company’s common stock, $0.001 par value per share (the “Common Stock”).
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BTTC means Belize Teachers Training College;
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Examples of BTTC in a sentence

  • Prior to the Closing Date, any announcement, or press or news release by Target or its shareholders, employees, officers, directors, or agents with respect to the transactions contemplated hereby shall be reviewed and approved by BTTC and Target prior to its release, subject to any requirements of law.

  • If an information statement provided for by Rule 14f-1 promulgated under the Exchange Act of the 1934, as amended (the “14f-1 Information Statement”) is required to be filed with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the consummation of the transactions contemplated by the Business Combination, BTTC shall file the 14f-1 Information Statement with the SEC and mail it to each of BTTC’s shareholders.

  • No later than the Closing Date, BTTC shall have received a commitment for a capital investment or other financing transaction of not less than $50,000,000 (the “Capital Infusion”).

  • BLD’s executive management team and key employees shall transition to become employees of the BESS and Solar Division of BTTC upon the Closing.

  • At the time of Closing, BLD shall have the right to designate two out of the five members of the Company’s board of directors (the “Board”) (the “BLD Nominees”) and BTTC shall have the right to designate two out of the five members of the Board (the “BTTC Nominees”).

  • The BESS and Solar Division generally will be managed and operated by the current BLD management team, but with meaningful participation by at least one member of the current BTTC management team.

  • After prior written notice to Target, BTTC shall be allowed to make any announcements relating to this Letter of Agreement or the documents contemplated herein, as may be required pursuant to its public reporting obligations with the OTC Markets and the SEC as may be determined by its legal counsel, and the Parties acknowledge and agree that a Form 8-K will be required to be filed with the SEC with respect to this Letter of Agreement, following the execution hereof.

  • The Technology Solutions and Acquisition Division generally will be managed and operated by the current BTTC management team, but with meaningful participation by at least one member of the current BLD management team.

  • The BLD Nominees and the BTTC Nominees shall collectively select a fifth designee to the Board who must be “independent” (as defined in federal securities laws and the Nasdaq Listing Rules) at such time as required either by the OTC Markets or Nasdaq).

  • BTTC shall support the BLD Nominees in their election to the Board and BLD shall support the BTTC Nominees in their election to the Board.