Examples of BAM Board in a sentence
If the full amount of a Class A Distribution is not paid on the payment date for any dividend declared by the BAM Board on the BAM Shares, then such Class A Distribution shall accrue and accumulate (without interest), whether or not the Company has earnings, whether or not there are funds legally available for the payment thereof and whether or not such distributions are earned, declared or authorized (such amounts, the “Unpaid Distributions”).
If such dividend is not paid or made, the Exchange Factor shall be decreased, effective as of the date the BAM Board determines not to pay or make such dividend, to be the Exchange Factor that would then be in effect if such dividend had not been declared.
If any such Spin-off does not occur, the Exchange Factor shall be decreased, effective as of the date the BAM Board determines not to proceed with the Spin-off, to be the Exchange Factor that would then be in effect if such Spin-off had not been pursued.
Except for amendments contemplated by Section 4.2, 4.3 and 4.5, this Agreement may not be amended or modified except by an agreement in writing executed by the Company and BAM and approved by (a) the Non-Brookfield Holders and the Class B Shares, each voting as a class (with an approval threshold of a majority of the votes cast by each class); (b) the BAM Board; and (c) the Company Board.
It is worth noting that agreements have to be approved at County and BAM Board and these decisions can often take a significant period of time.
Upon acquisition of properties through the tax sale process and necessary actions to quiet title, BAM reserves the right to rehabilitate, demolish, maintain, sell, or otherwise dispose of properties in furtherance of its mission and in accordance with any agreements between BAM and nonprofit partners and approval of the BAM Board of Directors.
FishmanChair, BAM Board of Trustees3Karen Brooks Hopkins & Joseph V.
The results of the forensic accountant’s work have been provided to the BAM Board, and the City recently received the final auditor’s report and management letter as well as the museum’s response to these documents.
Unpaid Distributions 2.4 If the full amount of a Exchangeable Distribution is not paid on the payment date for any dividend declared by the BAM Board on the BAM Shares, then such Exchangeable Distribution shall accrue and accumulate (without interest), whether or not the Company has earnings, whether or not there are funds legally available for the payment thereof and whether or not such distributions are earned, declared or authorized (such amounts, the “Unpaid Distributions”).
Special thanks also to Time Warner, Inc., sponsor of the 2009 Next Wave Festival, and to Bloomberg, sponsor of BAM’s 2010 Spring Season.Many special thanks also go to my fellow members on the BAM Board of Trustees for their valued leadership.