A bad boy guaranty provision in loan agreements provides for personal liability against the borrower and principals of the borrower upon the occurrence of certain enumerated bad acts com-mitted by the borrower or its principals, including commencing bankruptcy proceedings. bad boy guaranty provision in loan agreements provides for personal liability against the borrower and principals of the borrower upon the occurrence of certain enumerated bad acts com-mitted by the borrower or its principals, including commencing bankruptcy proceedings.
Business activity monitoring (BAM), also called business activity management, is the use of technology to proactively define and analyze critical opportunities and risks in an enterprise to maximize profitability and optimize efficiency.
bam-Computer Definition. (B usiness A ctivity M onitoring) Software that monitors business processes and alerts managers about pending and actual problems. BAM can be implemented with independent products or be part of application integration and business process management (BPM) suites. See BPM.