CBBI definition

CBBI means CB Bancshares, Inc., a Hawaii corporation and parent of Seller.

Examples of CBBI in a sentence

  • Buyer shall indemnify, defend, and hold harmless Seller, CBP and CBBI (and its directors, officers, employees, representatives and agents) from and against all liabilities, damages, losses, penalties, claims, demands, suits, costs and expenses, including attorneys' fees ("Liabilities"), based upon or arising out of any inaccuracy in or breach of any representation, warranty, covenant or obligation made or incurred by Buyer herein.

  • Subject to the terms and conditions of this Agreement, the closing of the purchase and sale of the Shares under this Agreement (the "Closing") shall take place at the offices of CBBI, 201 ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ August 21, 2000, or if the conditions precedent under Article IV have not been satisfied and/or waived by such date, within five business days after all such conditions have been satisfied and/or waived (the "Closing Date").

  • Except as set forth in Section V.B, Buyer is buying the Shares without any representations or warranties, express, implied or statutory, of any kind whatsoever, by Seller, CBP or CBBI, or their subsidiaries, or their respective agents, accountants, brokers, consultants, attorneys, employees, officers, directors or shareholders.

  • Buyer is satisfied with its due diligence investigation and intends to close the transaction based upon the results thereof and the representations in Section V.B hereof and is not relying upon any other statement or representation by Seller, CBP or CBBI.

  • CBP has issued TWO HUNDRED THOUSAND (200,000) common shares, all of which are held by Seller or its parent, CBBI.

  • The benefits provided under this Agreement are separate from and in addition to any compensation or benefits provided under the Executive’s employment agreement, except that the benefits under this Agreement are not in addition to benefits payable under the CBBI SERP.

  • In entering into this Agreement, the Executive agrees that when the benefits payable under this Agreement exceed the benefits payable under the CBBI SERP, the CBBI SERP shall be cancelled, and the Executive will have no further rights under the CBBI SERP.

  • The Executive will be entitled to the greater of the benefits under the CBBI SERP or the benefits under this Agreement.

  • The Executive is continuing to accrue benefits under the CBBI SERP.

  • Under no set of circumstances will the Executive be entitled to benefits under the CBBI SERP and this Agreement.