B A C definition

B A C. K G R O U N D:
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B A C. K G R O U N D: Until May 6, 1997, Levy served as Chairman of the Board, President and Chief Executive Officer of the Company and as an executive officer or director of certain of the Company's subsidiaries. As of May 6, 1997, Levy resigned as President and Chief Executive Officer of the Company. Levy wishes to resign from all of his positions as an officer and director of the Company and as an officer or director of any of its subsidiaries. The Company and Levy are parties to an Employment Agreement dated as of August 31, 1993 (the "Prior Agreement") pursuant to which Levy has been employed by the Company. In order to ensure that the Company will continue to have the benefits of Levy's expertise and experience, and in recognition of Levy's past services to the Company, the Company desires to engage Levy as a consultant, and Levy desires to become a consultant to the Company, upon the terms and conditions set forth herein. Accordingly, this Agreement is intended to replace the Prior Agreement, and as of the date hereof, the Prior Agreement shall be of no further force or effect.
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B A C. K G R O U N D : The Borrower is or is about to become the owner of 24.9 acres with improvements located on the south side of Poplar Street in Penn Township, York County, Pennsylvania (the "Real Property"). Borrower desires to borrow from the Bank and the Bank, subject to the terms and conditions set forth herein, is prepared to lend to Borrower up to Five Million Three Hundred Twenty Thousand Dollars ($5,320,000) to purchase the Real Property and to renovate the existing building (the "Improvements") on the Real Property.
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Examples of B A C in a sentence

  • The documents comprising this Agreement shall be in the following descending order of precedence: this Agreement less all exhibits, Exhibits D, B, A, C, E, and F.

  • The documents comprising this Agreement shall be in the following descending order of precedence: this Agreement less all exhibits, Exhibits D, B, A, C and E.

  • The documents comprising this Agreement shall be in the following descending order of precedence: this Agreement less all exhibits, Exhibits D, B, A, C, and F.

  • APPENDIX "3"‌ S - A B C S - A B C M B A C M B A C T B C A T B C A W B C A W B C A T A C B T A C B F A - B C F A - B C S - - A B C S - - A ▇ ▇ ▇ - ▇ ▇ ▇ ▇ - ▇ A C M C B A M C B A T C A B T C A B W C A B W C A B T B A C T B A C F B - A C F B - A C S - - A B C S - - A B C S - C A B S - C A B M A C B M A C B T A B C T A B C W A B C W A B C T C B A T C B A F C - B A F C - A B S - - A B C S - - A B C NOTE: Designated hour period = 240 hours consisting of three (3) consecutive bi-weekly pay periods.

  • The documents comprising this Agreement shall be in the following descending order of precedence: this Agreement less all exhibits, Exhibits D, B, A C and E.

  • Example: Shift on duty: A A B B C C A A B B Force List: C B A C B A C B A C E.

  • B A C K G R O U N D NMR and NRI wish to cooperate in the development, marketing, sale and distribution of a new data collection, processing, storage, analysis and reporting service to measure Internet usage.

  • B A C K G R O U N D: The Partnership has been operated as a general partnership in accordance with the Partnership Agreement dated as of January 21, 1988 as amended by that certain Agreement of Limited Partnership of Bala Cynwyd Associates, L.P. and Conversion of General Partnership to a Limited Partnership dated as of January 8, 2008 pursuant to which the Partnership was converted from a general to a limited partnership (collectively, the “Former Partnership Agreement”).

  • The precedence of each of the documents comprising this Agreement is as follows, listed from highest precedence to lowest precedence: this Agreement without Exhibits, Exhibits B, A, C, F, and F-1.

  • B A C K G R O U N D : - - - - - - - - - - The following statements are the mutual representations of the parties with respect to certain factual matters forming the basis for this Agreement and are an integral part of this Agreement.


More Definitions of B A C

B A C. K G R O U N D A. Subsidiary is a wholly owned subsidiary of Parent.
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Related to B A C

  • B/A means a ▇▇▇▇ of exchange, including a depository ▇▇▇▇ issued in accordance with the Depository Bills and Notes Act (Canada), denominated in Canadian Dollars, drawn by a Canadian Borrower and accepted by a Multicurrency Revolving Lender in accordance with the terms of this Credit Agreement.

  • Class A-4 Monthly Interest means (i) for the initial Distribution Date, $[ ], and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-4 Rate and (B) the outstanding principal balance of the Class A-4 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-4 Notes on or before such preceding Distribution Date).

  • Initial Class A-2-A Note Balance means $275,000,000.

  • Class A-2 Monthly Interest means (i) for the initial Distribution Date, $397,901.11, and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-2 Rate and (B) the outstanding principal balance of the Class A-2 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-2 Notes on or before such preceding Distribution Date).

  • Class B Monthly Interest shall have the meaning specified in subsection 4.02(b).