HBMC definition
Examples of HBMC in a sentence
On the date specified in Section 1.2 below, HomeBanc shall deliver to HBMC a stock certificate evidencing the HomeBanc Shares registered in the name of HBMC.
This Agreement represents a legal, valid, and binding obligation of HBMC, enforceable against HBMC in accordance with its terms.
HBMC is the record and beneficial owner of all right, title and interest (legal and beneficial) in and to all issued and outstanding Abetterwayhome Shares, free and clear of all liens and encumbrances, except for restrictions on resale pursuant to applicable state and federal securities laws.
The execution, delivery, and performance of this Agreement and the consummation of the transactions contemplated herein, including the Share Exchange, have been duly and validly authorized by all necessary LLC action in respect thereof on the part of HBMC.
On the date specified in Section 1.2 below, HBMC shall deliver to HomeBanc certificates evidencing the Abetterwayhome Shares registered in the name of HBMC, duly endorsed to HomeBanc on the reverse thereof or accompanied by a duly executed stock power.
Subject to the terms and conditions of this Agreement, as promptly as practicable following the receipt of the Last Regulatory Approval and the expiration of all applicable waiting periods, HBMC shall be merged with and into GLOBAL with GLOBAL as the Interim Surviving Corporation pursuant to the agreement of merger attached to the Agreement as Exhibit 2.1 (A) (the "Interim Merger Agreement") and in accordance with the applicable provisions of the California Corporations Code (the "Interim Merger").