BWIC definition
Examples of BWIC in a sentence
You agree that BWIS can designate the BWIC as your default Cash Sweep option.
The holder or holders of this Debenture shall be entitled to purchase and receive fully paid and nonassessable shares of the common stock, $0.001 par value per share (the "Common Stock") of the Corporation [OTC: BB BWIC, formerly BGOC], at the price equal to sixty-five percent (65%) of the per share closing market price of the Common Stock of the Corporation on February 4, 2000 (the "Exercise Price"), upon presentation and surrender of the Debenture.
The BWIC will be issued no later than 3 p.m. (New York time) on the Auction Date.
The Portfolio Manager will provide notice of each Auction Date and the dealers to whom the BWIC will be submitted to the Trustee (for forwarding to the Holders at least five Business Days prior to any Early Auction Date or, if none, the Auction Date).
By opening a BWIS account and using either BWIC or BICA, (collectively “sweep options”), you agree to appoint Pershing as your authorized agent to establish and maintain deposit accounts at the Bank and to effect deposits and withdrawals from the Bank pursuant to the terms and conditions set forth in the Terms and Conditions in this Agreement (“Cash Sweep”).
Information and Audit Cooperation 30 THIS AGREEMENT (the “Agreement”) made as of this 5th day of September, 2014 (the “Effective Date”) by and between CRP-3 BWIC I, LLC and CRP-3 BWIC II, LLC, each a Delaware limited liability company (each a “Selling Entity” and collectively, the “Seller”) and IPT ACQUISITIONS LLC, a Delaware limited liability company (“Buyer”).
Balances in BWIC and BICA are eligible for Federal Deposit Insurance Corporation (“FDIC”) insurance subject to the terms and limitations of the FDIC.