NYBD definition
Examples of NYBD in a sentence
The completion and delivery of NYBD ’s consolidated financial statements together with an unqualified auditors report (except as to going concern).
Except as set forth on Schedule 4.13, no litigation is pending wherein NYBD or any of its subsidiaries is accused of infringing or otherwise violating the Intellectual Property right of another, or of breaching a contract conveying rights under Intellectual Property.
The transactions contemplated by this Agreement shall have been approved by the NYBD, the FDIC, the NASD and by any other Regulatory Agency, the approval of which is required to permit consummation thereof without the imposition of any condition, requirement or commitment which is reasonably likely to have a Material Adverse Effect on the Company or Buyer; and all waiting periods arising under any applicable law shall have duly lapsed or been terminated.
No investigation by NYBD or LEAGUE NOW prior to or after the date of this Agreement shall diminish or obviate any of the representations, warranties, covenants or agreements of the other party thereto contained in this Agreement or any other agreements or certificates in connection with the transactions contemplated by this Agreement.
Accordingly, Shareholders who would otherwise be entitled to receive fractional shares of LEAGUE NOW Stock will, upon surrender of their certificate representing the fractional shares of NYBD Stock, receive a full share if the fractional share exceeds fifty percent (50%) and if the fractional share is less than fifty percent (50%) the fractional share shall be canceled.
Neither NYBD nor any of its subsidiaries, nor to the knowledge of NYBD , the Principal Shareholders, any officer, director or employee of NYBD or any of its subsidiaries is in violation of any applicable order, judgment, injunction, award or decree, related to, arising out of or affecting the business or operations of NYBD or any of its subsidiaries or their respective properties or assets.
All proceedings to be taken in connection with the transactions contemplated by this Agreement and all documents incident thereto shall be reasonably satisfactory in form and substance to NYBD and its counsel, and NYBD shall have received copies of all such documents and other evidences as they or their counsel may reasonably request in order to establish the consummation of such transactions and the taking of all proceedings in connection therewith.
Neither NYBD nor any of its subsidiaries is in default with respect to any material provision in any such policy or binder and has not failed to give any notice or present any claim under any such policy or binder in due and timely fashion, and neither NYBD nor any of its subsidiaries has received any notice of cancellation or non-renewal with respect to any such policy or binder.
There are no outstanding agreements or waivers extending the statutory period of limitation applicable to any tax return of NYBD .
Where any representation or warranty contained in this Agreement is expressly qualified by reference to the knowledge, information and belief of the Shareholders, NYBD or LEAGUE NOW and the Shareholders and LEAGUE NOW , as the case may be, confirm that they have made due and diligent inquiry as to the matters that are the subject of such representations and warranties.