NYBCL definition

NYBCL means the New York Business Corporation Law.

NYBCL means the New York Business Corporation Law, as amended.

NYBCL has the meaning set forth in Section 1.1.

Examples of NYBCL in a sentence

• Subject to the provisions of the NYBCL, and to any limitations in the Certificate of Incorporation or these By-Laws relating to action required to be approved by the shareholders, the business of the Company shall be managed under the direction of the Board.

• The Company may maintain insurance, at its expense, and to the fullest extent authorized by the NYBCL, to protect itself and any director, officer, employee or agent of the Company or any other corporation of any type or kind, domestic or foreign, or any partnership, joint venture, trust, employee benefit plan or other enterprise against any liabilities, expenses or losses, whether or not the Company would have the power to indemnify such person against such liabilities, expenses or losses under the NYBCL.

• The Company shall indemnify and advance expenses to any present or future director or officer from and against any and all liabilities and expenses to the broadest and maximum extent permitted by the NYBCL as the same presently exists or to the greater extent permitted by any amendment hereafter adopted.

• The Merger shall have the effects set forth in Section 906 of the NYBCL.

• The Company may maintain insurance, at its expense, to protect itself and any Director, officer, employee or agent of the Company or another corporation, partnership, joint venture, trust or other enterprise against any expense, liability or loss, whether or not the Company would have the power to indemnify such person against such expense, liability or loss under the NYBCL if the Company were a corporation organized under the NYBCL.

More Definitions of NYBCL

NYBCL is defined in the preamble of this Agreement.

NYBCL has the meaning set forth in the recitals.

NYBCL means the New York Business Corporation Law of the State of New York, as amended, supplemented or restated from time to time, and any successor to such statute.

NYBCL means the New York Business Corporation Law, as in effect on the date of this Agreement.

NYBCL has the meaning set forth in the Recitals to this Agreement.

NYBCL means the New York Business Corporation Law as in effect from time to time.

NYBCL means the New York Business Corporation Law, including any amendments or replacements, amended after the date of this Agreement, that in either case authorize or contemplate additional or expanded indemnification.