NBSC definition

NBSC means the New Brunswick Securities Commission.

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NBSC means National Bank Staff College, Lucknow

NBSC means National Business School Conference;

Examples of NBSC in a sentence

• Maintain its and its Subsidiaries’ primary depository and operating accounts and securities accounts with SVB or with SVB’s Affiliates; provided that a portion of the operating accounts and securities accounts of the Borrowers and their respective Subsidiaries’ may be maintained with one or more of the Lenders or their Affiliates and the accounts listed on Schedule 6.10 may be maintained with NBSC, subject in each case to a Control Agreement.

• All rights, franchises, and interests of Monarch and NBSC in and to every type of property (real, personal or mixed) and choses in action shall be transferred to and vested in the Surviving Association by virtue of the Merger and without any deed or other transfer.

• The Surviving Association, upon the Merger, and without any order or other action on the part of any court or otherwise, shall hold and enjoy all rights of property, franchises and interests in any fiduciary capacity, in the same manner and to the same extent as such rights, franchises and interests were held or enjoyed by Monarch or NBSC at the time of the Merger.

• NBSC representatives are expected to wear masks in indoor settings, use social distancing, wash hands frequently, use hand sanitizer frequently, monitor temperature, and stay home if sick.

• Except as expressly provided in this Plan or in the Parent Plan, during the period from the date of this Plan to the Effective Time, each of Monarch and NBSC shall comply with the provisions of Article II of the Parent Plan, which Article is incorporated herein by this reference, to the extent applicable.

• The Surviving Association shall be responsible for all of the liabilities of every kind and description, including liabilities arising from the operation of a trust department, of both Monarch and NBSC existing as of the Effective Time.

• NBSC represents and warrants to Monarch that the Recitals of this Plan with respect to NBSC are true and correct.

• Monarch shall cause to be delivered to NBSC at the Effective Time the resignations of the members of its Board of Directors.

• Monarch represents and warrants to NBSC that the Recitals of this Plan with respect to Monarch are true and correct.

• The corporate existence of Monarch and NBSC shall be merged into and continued in the Surviving Association and the Surviving Association shall be deemed to be the same corporation as Monarch and NBSC.

More Definitions of NBSC

NBSC means Newtek Business Services Corp. “Newtek” means Newtek Commercial Lending, Inc., or any Person substituted for Newtek Commercial Lending, Inc. as a Member pursuant to the terms of this Agreement. “NBSC Alliance Partners” means a person or entity who, pursuant to a referral promotion agreement with NBSC, submits business referrals to NBSC in exchange for commissions paid on closed referred transactions. “Newtek Change of Control” has the meaning set forth in Section 7.11(b). “Newtek IC Representative” has the meaning set forth in Section 7.02. “NBSC RVPs” means an employee or contractor of NBSC who promotes NBSC’s products and services in exchange for earning fees or commissions on transactions. “Notice of Intent” has the meaning set forth in Section 8.01(g)(i). “Organization Costs” means all out-of-pocket costs and expenses reasonably incurred directly by the Company or for the Company by a Member or its Affiliates in connection with the formation and capitalization of the Company, the initial offering of Company interests to TCPC and Newtek, and the preparation by the Company to commence its business operations, including reasonable and documented (i) fees and disbursements of legal counsel to the Company or its Affiliates, (ii) accountant fees and other fees for professional services, and (iii) travel costs and other out-of-pocket expenses. 5

NBSC means Newtek Business Services Corp, a Maryland corporation, having an address of ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇., ▇▇▇▇▇ ▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇. “Note” shall have the meaning given to it in Section 2.01(a) hereof.

NBSC means Newtek Business Services Corp. “Newtek” means Newtek Commercial Lending, Inc., or any Person substituted for Newtek as a Member pursuant to the terms of this Agreement. “NBSC Alliance Partners” means a Person who, pursuant to a referral promotion agreement with NBSC, submits business referrals to NBSC in exchange for commissions paid on closed referred transactions. “Newtek Change of Control” has the meaning set forth in Section 7.11(b). “Newtek IC Representative” has the meaning set forth in Section 7.02.