BAM Board definition

BAM Board means the board of directors of BAM;
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BAM Board means the board of directors of BAM; (e) “BAM Distributed Right” has the meaning as provided in clause (ii) of the definition of “Exchange Factor” below; (f) “BAM Dividend Declaration Date” means the date on which the BAM Board declares any dividend on the BAM Shares; (g) “BAM Liquidation Event” has the meaning as provided in Section 2.28; (h) “BAM Share” means a class A limited voting share of BAM, and includes any share or other equity interest of BAM into which such BAM Share is converted or for which such BAM Share is exchanged; (i) “BAM Share Value” means, with respect to a BAM Share on a particular date, the market price of a BAM Share on such date or, if such date is not a Trading Day, the most recent Trading Day. The market price for each such Trading Day shall be: (i) if the BAM Shares are listed on a U.S. National Securities Exchange, the closing price per BAM Share (or, if no closing price is reported, the average of the last quoted bid and ask prices or, if more than one in either case, the average of the average bid and average ask prices) on such day for such U.S. National Securities Exchange; (ii) if the BAM Shares are not listed on a U.S. National Securities Exchange but are listed on the TSX, the U.S. dollar equivalent (calculated using the rate published by the Bank of Canada as of 4:30 p.m., Eastern Time, on such date) of the closing price per BAM Share (or, if no closing price is reported, the average of the last quoted bid and ask prices or, if more than one in either case, the average of the average bid and average ask prices) on such day for the TSX; (iii) if the BAM Shares are not listed or admitted to trading on any U.S. National Securities Exchange or the TSX, the last quoted bid price on such day in the over-the-counter market on such day as reported by OTC Markets Group Inc. or a similar organization; (iv) if the BAM Shares are not listed or admitted to trading on any U.S. National Securities Exchange or the TSX and the BAM Shares are not quoted in the over-the-counter market, the average of the mid-point of the last quoted bid and ask prices on such day from each of at least three nationally recognized independent investment banking firms selected by the Company for such purpose or (v) if none of the conditions set forth in clauses (i), (ii), (iii) or (iv) is met, then the amount as determined by the BAM Board;
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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”).

  • 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.

  • 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.

  • CONTINUOUS IMPROVEMENT SECTION (CI-SECTION) The Continuous Improvement (CI)-section of the BAM Board is being used to elicit employee suggestions for improvement ideas, and suggestions are submitted on a simple task slip (normally colored to identify them as CI suggestions).

  • 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.

  • 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.

  • 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.

  • 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.

  • Keith Baldwin, BAM Board President, reported that July was a strong month for the museum and the annual arts fair.

Related to BAM Board

  • CPF Board means the Central Provident Fund Board, a body corporate established under the Central Provident Fund Act (Cap. 36);

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • Company Board of Directors means the board of directors of the Company.

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • Parent Board means the board of directors of Parent.

  • former Board means the Board of Reference constituted under Part IV of the former provisions;

  • Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Board of Directors or Board means the Board of Directors of Prakash Steelage Limited, as constituted from time to time.

  • Company Board means the Board of Directors of the Company.

  • Local board means a school board, public utility, commission, transportation commission, public library board, board of park management, local board of health, board of commissioners of police, planning board, or any other board, commission, committee, body or local authority established or exercising any power or authority under any general or special Act with respect to any of the affairs or purposes, including school purposes, of the municipality or any part or parts thereof;

  • PJM Board means the Board of Managers of the LLC, acting pursuant to the Operating Agreement, except when such term is being used in Tariff, Attachment M, in which case PJM Board shall mean the Board of Managers of PJM or its designated representative, exclusive of any members of PJM Management.

  • Fund Board means the Board of Directors/Trustees of a Fund.

  • Management Board means the management board of the Company.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • Independent Board Committee means the independent board committee of the Company

  • Board means the Board of Directors of the Company.

  • Board of Directors means the board of directors of the Company.

  • entire Board of Directors means the total number of directors which the Corporation would have if there were no vacancies.

  • School board means the governing board of directors of the local school district.

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Governing board means the Fund's Board of Directors if the Fund is a corporation or the Fund's Board of Trustees if the Fund is a trust, or, where duly authorized, a competent committee thereof.

  • Merger Sub Board means the board of directors of Merger Sub.

  • OH&S Committee is referred to hereafter, read “body nominated to implement policy on site”.

  • Project Board means an advertisement displaying information with regard to the relevant contractor(s) and / or consultant(s) involved in the construction project and displayed on the construction site.

  • Medical Board means the board of physicians as provided by this chapter.