LBCL definition

LBCL means the Louisiana Business Corporation Law.
LBCL means the Louisiana Business Corporation Law, as from time to time amended and any successor thereto.
LBCL has the meaning set forth in the recitals to this Agreement.

Examples of LBCL in a sentence

  • At the Effective Time, the effect of the Merger shall be as provided in the applicable provisions of the LBCL.

  • Upon the terms and subject to the conditions of this Agreement, and in accordance with the LBCL, at the Effective Time, Buyer shall be merged with and into the Company.

  • The corporate existence of the Company, with all its purposes, rights, privileges, franchises, powers and objects, shall continue unaffected and unimpaired by the Merger and, as the Surviving Corporation, it shall be governed by the LBCL.

  • The Company will not be liable under this Agreement to make any payment in connection with any claim made against the Indemnitee to the extent the Indemnitee has actually received payment (under any insurance policy, the Articles, the By-Laws, the LBCL or otherwise) of the amount otherwise payable hereunder.

  • No claim or right to indemnity or advancement of expenses pursuant to Section 3 hereof shall in any way affect or limit any right which the Indemnitee may have under Section 2 hereof, the Articles, the By-Laws, the LBCL, any policy of insurance or otherwise.

  • LBCL shall pay to Interbrew all amounts owing under each Interbrew Invoice within twenty (20) days following the end of the month in which LBCL received such Interbrew Invoice.

  • The shares of Cedar Common Stock constituting the Merger Consideration will be, when issued, duly authorized, validly issued, fully paid and nonassessable and not subject to, or issued in violation of, any purchase option, call option, right of first refusal, preemptive right, subscription right or any similar right under any provision of the LBCL, the Cedar Articles, the Cedar By-laws or any Contract to which Cedar is a party or otherwise bound.

  • LBCL hereby engages Interbrew and Interbrew hereby covenants to provide the Services, from and after the Closing Date, in accordance with the terms and conditions set forth in this Agreement.

  • LBCL shall not be responsible to Interbrew for any non-performance or delay in performance occasioned by any causes beyond its control, including, without limitation, acts or omissions of Interbrew, acts of civil or military authority, changes in laws or regulations, strikes, lock-outs, embargoes, insurrections or acts of God.

  • Interbrew shall not be responsible to LBCL for any non-performance or delay in performance occasioned by any causes beyond its control, including, without limitation, acts or omissions of LBCL, acts of civil or military authority, changes in laws or regulations, strikes, lock-outs, embargoes, insurrections or acts of God.


More Definitions of LBCL

LBCL has the meaning assigned thereto in Section 2.1.
LBCL means the Louisiana Business Corporation Law. "Law" shall mean any code, law, ordinance, regulation, reporting or licensing requirement, rule, or statute applicable to a Person or its Assets, Liabilities, or business, including those promulgated, interpreted, or enforced by any of the Regulatory Authorities. "Liability" shall mean any direct or indirect, primary or secondary liability, indebtedness, obligation, penalty, cost, or expense (including costs of investigation, collection, and defense), claim, deficiency, guaranty, or endorsement of or by any Person (other than endorsements of notes, bills, checks, and drafts presented for collection or deposit in the ordinary course of business) of any type, whether accrued, absolute, or contingent, liquidated or unliquidated, matured or unmatured, or otherwise. "Lien" shall mean any conditional sale agreement, default of title, easement, encroachment, encumbrance, hypothecation, infringement, lien, mortgage, pledge, reservation, restriction, security interest, title retention, or other security arrangement, or any adverse right or interest, charge, or claim of any nature whatsoever of, on, or with respect to any property or property interest, other than (i) Liens for current property or other Taxes not yet due and payable, (ii) such imperfections of title and encumbrances, if any, as do not materially detract from the value or materially interfere with the present A-30
LBCL means the Business Corporation Law of the State of Louisiana, La.R.S. 12:1, et seq.