Illinois BCA definition

Illinois BCA means the Illinois Business Corporation Act, as amended.
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Illinois BCA has the meaning set forth in the second paragraph of the Recitals above.
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Examples of Illinois BCA in a sentence

  • Upon the terms and subject to the conditions of this Agreement, at the Effective Time (as defined below), Heritage shall be merged with and into Acquisition Corp pursuant to the provisions of, and with the effect provided in, the Illinois Business Corporation Act of 1983, as amended (the "Illinois BCA"), and Acquisition Corp shall be the corporation resulting from such merger (the "Surviving Corporation").

  • The directors and officers of Acquisition Corp immediately prior to the Effective Time shall serve as the directors and officers of the Surviving Corporation until their successors shall have been elected or appointed and shall have qualified in accordance with the Illinois BCA and the articles of incorporation and bylaws of the Surviving Corporation.

  • In connection with the Heritage Special Meeting and in accordance with the Illinois BCA, Heritage shall send to its shareholders at least 30 days prior to such meeting, notice of the Heritage Special Meeting together with the Proxy Statement-Prospectus which shall include a copy of this Agreement and a copy of Section 11.70 of the Illinois BCA governing the procedures for dissenting shareholders.

  • Without limiting the foregoing, in the event any Indemnified Party becomes involved in any capacity in any Claim, then from and after the Closing, Buyer and/or its consolidated successor, shall periodically advance to such Indemnified Party its legal and other expenses (including the cost of any investigation and preparation incurred in connection therewith), subject to the provision by such Indemnified Party of a written affirmation in accordance with Illinois BCA.

  • On the Closing Date, subject to the terms and conditions of this Agreement, SAC and SCA shall (i) cause to be executed Articles of Merger in the form required by the Illinois BCA (the "SCA Articles of Merger"), and (ii) cause the SCA Articles of Merger to be filed with the Illinois Secretary of State as provided in the Illinois BCA.

  • TN Texas covenants and agrees that it will, at or before the Effective Time, take all such other actions as may be required by the Texas BCA and the Illinois BCA to effect the Merger.

  • At the Effective Time, the Merger shall have the effects specified in the Illinois BCA, the Texas BCA and this Merger Agreement.

  • The sole stockholder of TN Illinois has approved this Merger Agreement by a duly adopted written consent in accordance with TN Illinois' articles of incorporation and bylaws and the Illinois Business Corporation Act (the "Illinois BCA"); G.

  • The Board of Directors of the Company and the shareholders of the Company have approved the proposed merger (the "Merger") of Mergersub with and into the Company in accordance with the Business Corporation Act of 1938 of the State of Illinois (the "Illinois BCA Corporation Law") and on the terms and conditions set forth herein.

  • At the Effective Time, the effect of the Merger shall be as provided in Section 805 ILCS 5/11.50 of the Illinois BCA.