FTC Sample Clauses

FTC. 39 GAAP:............................................................11
FTC is a duly licensed trust company providing trust, custodial and other services to individual retirement accounts, qualified retirement plans and taxable investment accounts (the "Plan(s)"). Some of the Plans contain provisions that permit or require each participant to direct the investment of that portion of a Plan's assets that is allocated to such participant's account. Some of the Plans provide for the delegation of investment authority to investment managers, co-trustees, or named fiduciaries other than FTC. In no case does FTC have any investment discretion or authority with respect to any of the Plans.
FTC. “FTC” shall have the meaning specified in Section 5.2.
FTC shall exercise reasonable care in the performance of its duties under this Agreement and shall comply in all material respects with all applicable laws and regulations. FTC shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Trust or the Fund in connection with matters to which this Agreement relates, including losses resulting from mechanical breakdowns or the failure of communication or power supplies beyond FTC's control, except a loss resulting from FTC's refusal or failure to comply with the terms of this Agreement or from bad faith, negligence, or willful misconduct on its part in the performance or non-performance of its duties under this Agreement. Notwithstanding any other provision of this Agreement, the Trust shall indemnify and hold harmless FTC from and against any and all claims, demands, losses, expenses, and liabilities (whether with or without basis in fact or law) of any and every nature (including reasonable attorneys' fees) which FTC may sustain or incur or which may be asserted against FTC by any person arising out of any action taken or omitted to be taken by it in performing the services hereunder, and against any and all losses resulting from FTC's reliance upon any written or oral instruction provided to FTC by any duly authorized officer of the Trust, such duly authorized officer to be included in a list of authorized officers furnished to FTC and as amended from time to time in writing by resolution of the Board of Directors of the Trust; provided that this indemnification provision shall not apply to any claim, demand, loss, expense, or liability that is a result of FTC's willful misfeasance, bad faith, or negligence in the performance of its duties hereunder, or FTC's reckless disregard of its obligations and duties under this Agreement. In the event of a mechanical breakdown or failure of communication or power supplies beyond its control, FTC shall take all reasonable steps to minimize service interruptions for any period that such interruption continues beyond FTC's control. FTC will make every reasonable effort to restore any lost or damaged data and correct any errors resulting from such a breakdown at the expense of FTC. FTC agrees that it shall, at all times, have reasonable contingency plans with appropriate parties, making reasonable provision for emergency use of electrical data processing equipment to the extent appropriate equipment is available. Representatives of the Tru...
FTC. The Company and its domestic subsidiaries are in compliance with the applicable requirements of the Federal Trade Commission (the “FTC”) rules governing franchising and applicable provisions of federal, state, local and other U.S. laws or regulations governing the business of a franchise or that are applicable to their businesses as presently conducted, except in each case as would not reasonably be expected to, individually or in the aggregate, have a Material Adverse Effect.
FTC. 40 Antitrust Division,......... 40
FTC. 5.07 GranCare................................................... First Paragraph GranCare Acquisition Transaction........................... 5.03 GranCare Balance Sheet..................................... 4.19 GranCare Business Combination Transaction.................. 10.05 GranCare Common Stock...................................... 2.01 GranCare Compensation and Benefit Plans.................... 4.03 GranCare Contract.......................................... 4.03 GranCare Disclosure Statement.............................. Article IV GranCare Licenses.......................................... 4.08 GranCare Material Adverse Effect........................... 4.01 GranCare Option Plans...................................... 4.15 GranCare Options........................................... 4.15 B-53
FTC. 8.01 GAAP............................................................4.08 T&B Agreement...................................................4.04
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