BZ WBK definition
Examples of BZ WBK in a sentence
EIL shall deliver at Closing duly executed novation agreements, transfers or assignments of the Contracts and Split Contracts in favour of BZ WBK the appropriate form of which shall be reasonably determined by EIL, together with the relevant Third Party Consents except that this paragraph shall not apply in relation to any Contract or Split Contract where the necessary Third Party Consent has not been obtained by Closing, in which case such contract shall be transferred in accordance with Schedule 8.
The Parties acknowledge and agree that the Split Contracts do not relate exclusively to BZ WBK and that the assignment or novation of the whole of such Split Contracts from AIB to the Purchaser will not be possible.
In the event of any Leakage between the Locked Box Date and the Closing Date, AIB shall pay to BZ BWK or BZ WBK AIB Asset Management, as the case may be, or any Group Company as the Purchaser directs, an amount in cash equal to such Leakage on or after the Closing Date.
The total consideration for the purchase of the BZ WBK Shares under this Agreement shall be an amount in cash equal to PLN 11,665,274,813.10 (the “BZ WBK Price”) representing PLN 226.89 per BZ WBK Share.
As at the date 10 Business Days prior to the date of this Agreement, there is no litigation, claim, legal action, proceeding, suit, arbitration or other dispute resolution process, commenced against, or known to, BZ WBK or any of its Material Subsidiaries in respect of a sum claimed in excess of € 7,500,000 in any individual case.
The Purchase Price for the BZ WBK AIB Asset Management Shares amounts to [] EUR.
Pledge over 85% of shares in Copecresto Enterprises Limited, shared pari passu with BZ WBK S.A. under the USD 50,000,000 Facilities Agreement dated 24 April 2008 referred to above.
In relation to any Contract or Split Contract which is not assignable without a Third Party Consent and in relation to the TSA Third Party Consents, EIL shall use reasonable endeavours both before and after Closing to obtain all necessary Third Party Consents as soon as is reasonably practicable and shall keep the Purchaser and BZ WBK informed of progress in obtaining such Third Party Consents.
The Sellers undertake to the Purchaser that the Purchaser Observer shall, subject to applicable law, receive such materials in relation to supervisory board and management board meetings of BZ WBK as provided to other supervisory board and management board members unless and to the extent only that the materials relate to a matter of the type referred to in Clause 6.4.5.
For the avoidance of doubt, the Sellers acknowledge and agree that, in the event that the Purchaser is required or chooses to make any increase in the price at which it offers to acquire BZ WBK shares in connection with the Offer, EIL shall not be entitled to any such increase and the BZ WBK Price will not change.