NBHI definition
Examples of NBHI in a sentence
Beve▇▇▇ ▇▇▇ll cause all its officers who shall not continue as employees of NBHI subsequent to the Distribution Date to resign, effective as of the Distribution Date, from all positions as directors or officers of NBHI or as officers or directors of any NBHI Subsidiary in which they serve.
If the Group Tax Return for taxable year 1996 is filed after the Distribution Date, NBHI shall be responsible for preparing such Group Tax Return in a manner which fairly reflects the interests of BEI and Subsidiaries and for furnishing the completed Group Tax Return to BEI in time to permit the timely signing and filing of such Return by BEI.
Notwithstanding anything to the contrary above, Beve▇▇▇ ▇▇▇ Capstone shall remain solely liable and responsible for and shall pay to the respective NBHI plan or trust the matching and other employer contributions due for all Retained Employees under the Beve▇▇▇ ▇▇▇erprises 401(k) Savings Plus Plan and the Beve▇▇▇ ▇▇▇erprises 1988 Employee Stock Purchase Plan.
If the amount allocated to the NBHI Subgroup under Section 4 for any Tax Period reduced as provided above is a negative number, BEI and Subsidiaries shall be jointly and severally liable for the payment of an amount equal to such negative number to NBHI.
NBHI may, at its option upon timely notice to BEI, control the conduct of any audit and the defense of any suit, action or proceeding resulting therefrom relating to the tax liability of the NBHI Subgroup as determined under Section 4.
Principles similar to those set forth in Section 9(b) shall apply if the state income or franchise tax liability of any member of NBHI and Subsidiaries is determined by reference to the income, loss, assets, expenses, or activities of BEI or one or more of its direct or indirect subsidiaries (other than NBHI and Subsidiaries).
The appropriate liability or receivable, as the case may be, together with any interest or penalties thereon, shall be paid in a timely fashion and shall be a joint and several liability of BEI and Subsidiaries or NBHI and Subsidiaries, as the case may be.
To facilitate administration, communication, and problem resolution related to the Services, Beve▇▇▇ ▇▇▇ NBHI shall appoint a transition services team ("Transition Services Team") consisting of two (2) persons, one (1) of whom shall be appointed by Beve▇▇▇ (▇▇e "Beve▇▇▇ ▇▇▇ointee") and one (1) of whom shall be appointed by NBHI (the "NBHI Appointee").
Nothing in this paragraph shall be construed to relieve NBHI of its responsibilities pursuant to this Agreement.
Beve▇▇▇ ▇▇▇ll use its reasonable best efforts to list the shares of NBHI Common Stock to be issued pursuant to the Distribution on the New York Stock Exchange, subject to official notice of issuance, or to have such shares designated as a national market system security on the interdealer quotation system by the National Association of Securities Dealers, Inc.