BB&T Option Agreement definition

BB&T Option Agreement means the Stock Option Agreement dated as of even date herewith, as amended from time to time, under which BB&T has an option to purchase shares of First Liberty Common Stock, which shall be executed immediately following execution of this Agreement.
Sample 1

Examples of BB&T Option Agreement in a sentence

  • The terms and conditions of this Agreement and the BB&T Option Agreement shall inure to the benefit of and be binding upon the parties hereto and thereto and their respective successors.

  • The BB&T Option Agreement shall be governed by its own terms, and no provision contained herein shall limit the ability of BB&T to exercise its rights under the BB&T Option Agreement.

  • Nothing in this Agreement or the BB&T Option Agreement, expressed or implied, is intended to confer upon any party, other than the parties hereto and thereto, and their respective successors, any rights, remedies, obligations or liabilities, except for the rights of directors and officers of Maryland Federal to enforce rights in Sections 5.13 and 5.17.

  • Nothing in this Agreement or the BB&T Option Agreement, expressed or implied, is intended to confer upon any party, other than the parties hereto and thereto, and their respective successors, any rights, remedies, obligations or liabilities, except for rights of directors, officers and employees of Life to enforce rights in Sections 5.13 and 5.17 applicable to them.

  • No shares of capital stock have been reserved for any purpose, except for (i) shares of FirstSpartan Common Stock reserved for issuance in connection with the Stock Option Plan, (ii) 740,300 shares of FirstSpartan Common Stock reserved for issuance in connection with the BB&T Option Agreement and (iii) 250,000 shares of FirstSpartan Common Stock reserved for issuance in connection with the FirstSpartan Dividend Reinvestment Plan.

  • Nothing in this Agreement or the BB&T Option Agreement, expressed or implied, is intended to confer upon any party, other than the parties hereto and thereto, and their respective successors, any rights, remedies, obligations or liabilities, except for the rights of directors and officers of Matewan to enforce rights in Sections 5.13, 5.17 and 5.18.

  • There are no actual or, to the Knowledge of One Valley, threatened actions, suits or proceedings which present, or could reasonably be expected to present, a claim to restrain or prohibit the transactions contemplated herein or in the BB&T Option Agreement.

  • No shares of capital stock have been reserved for any purpose, except for (i) shares of First Banking Common Stock reserved in connection with the Stock Option Plan, and (ii) 1,112,862 shares of First Banking Common Stock reserved in connection with the BB&T Option Agreement.

  • The execution and delivery of this Agreement, the Articles of Merger and the BB&T Option Agreement, and consummation of the transactions contemplated hereby and thereby, have been duly and validly authorized by all necessary corporate action, except, in the case of this Agreement and the Plan of Merger, the approval of the Maryland Federal shareholders pursuant to and to the extent required by applicable law.

  • Consequently, there was no doubt that the slump in life insurance revenue due to the decrease in demand also contributed a lot to the reduction in personal insurance companies’ overall income.ISSN: 2692-7608 DOI: 10.6981/FEM.202012_1(12).0006 Different from personal insurance companies, COVID-19’s impact on other industries, such as automobiles, was the main factor which led the growth rate of property insurance companies to retrench.

Related to BB&T Option Agreement

  • Put Option Agreement has the meaning set forth in the recitals.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.

  • Master Separation Agreement has the meaning set forth in the recitals.

  • Designation Agreement means a designation agreement entered into by a Lender (other than a Designated Bidder) and a Designated Bidder, and accepted by the Agent, in substantially the form of Exhibit D hereto.

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Option Agreement means a written agreement between the Company and an Optionholder evidencing the terms and conditions of an individual Option grant. Each Option Agreement shall be subject to the terms and conditions of the Plan.

  • Combination Agreement has the meaning in the recitals hereto.

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient;

  • Election Agreement means an agreement in the form that the Company may designate from time to time that is consistent with the terms of the Plan.

  • Voting Agreement has the meaning set forth in the Recitals.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Restricted Stock Purchase Agreement means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.

  • Transition Agreement has the meaning set forth in Section 12.8.1.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Shareholder Agreement has the meaning set forth in the Recitals.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Standstill Agreement shall have the meaning set forth in Section 6.03.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Conversion Agreement shall have the meaning set forth in the Recitals.

  • Stockholder Agreement means the Stockholder Agreement, dated as of August 29, 2003, among the Company and its stockholders, as amended and in effect from time to time.