TBMC definition
Examples of TBMC in a sentence
Each payment made pursuant to this Section 3 shall be allocated among the Managers as follows: (i) SLMC will be entitled to 50.0%, (ii) TBMC will be entitled to 40.73% and (iii) TBPXIMC will be entitled to 9.27% (collectively the “Initial Percentages”).
The execution, delivery and performance by TBMC of this Agreement will not conflict with or result in the breach of or constitute a default under TBMC’s articles of incorporation, bylaws or other constituent instruments or any other agreement or instrument to which TBMC is a part of which it or its property may be bound, or result in the creation of any lien thereunder.
As of the Effective Date, the Stockholder hereby sells, transfers, conveys, assigns, and delivers to TBMC the Class B Common Stock free and clear of all liens, security interests, pledges, equities and claims of any kind, voting trusts, stockholder agreements and other encumbrances and in exchange TBMC hereby issues the Class A Common Stock to the Stockholder.
This Agreement may be amended or modified only by an instrument signed by TBMC and the Stockholder.
This Agreement has been duly authorized, executed and delivered by TBMC and constitutes a legal, valid and binding obligation of TBMC, enforceable against TBMC in accordance with its terms, except as limited by (i) bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance or other similar laws relating to creditors’ rights generally and (ii) general principles of equity, whether such enforceability is considered in a proceeding in equity or at law.
TBMC is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and is entitled to own or lease its properties and to carry on its business as and in the places where such properties are now owned, leased, or operated and such business is now conducted.
The execution, delivery or performance by TBMC of this Agreement does not contravene any law, regulation, order or judgment applicable to or binding on TBMC.
Provided that those terms are notified to you through TBMC in an appropriate manner (as determined by us in our reasonable discretion) when you agree to take those services, any failure by you to comply with a material provision of the terms governing those services will amount to a breach of this agreement.
The Stockholder owns 1,940,625 shares of TBMC Class B common stock, par value $0.0001per share and desires to exchange 1,940,624 of such shares (the “Class B Common Stock”) for 1,940,624 shares of Class A common stock (the “Class A Common Stock”) of TBMC as hereinafter provided.
Prosperous 172 *VAT registered businesses in the area showing growth - - - - TPE TBMC* ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇ not set until 2009 Percentage of VAT registered businesses showing year-on- year employment growth.