AFFC definition
Examples of AFFC in a sentence
AFFC and APR have submitted, and will continue to submit upon request by the other party, accurate and current financial statements to the other Party.
AFFC and US Foods International, LLC ("USFI") shall have entered into a Business Development Agreement in the form of Exhibit B hereto.
Any equipment or leasehold improvements owned by AFFC, in locations accepted by APR, will become property of APR, if not excluded, by APR.
As consideration, Buyer shall convey, transfer, or assign to Seller, the certain assets and certain personnel of AFFC relating to its retail brokerage and other operations in Albany, NY; Chicago, IL; Atlanta, GA; Dallas, TX; Colorado Springs, CO; San Francisco, CA; and in the Denver, CO Headquarters, and more specifically listed in SCHEDULE A, (hereinafter collectively referred to as the “Assets”).
Except for the individuals covered by the Employment Agreements, the employment of each officer, director and employee is terminable at will by AFFC or a Subsidiary, without restriction, penalty or payment of any kind.
AFFC has provided Vesta Fire and Vesta with access to true and complete copies of (a) all exam reports issued by any Insurance Department with respect to any examination of Laurel Life or any of its Subsidiaries conducted since December 31, 1995, and (b) all insurance policy and annuity or insurance contract forms issued by Laurel Life or its Subsidiaries.
AFFC has complied with all applicable statutes and regulations of any federal, state or other governmental entity or agency thereof, except to the extent that noncompliance would not materially and adversely affect the business, operations, properties, assets or financial condition of AFFC or would not result in AFFC's incurring any material liability.
To the Knowledge of AFFC, there are no material claims or losses which have arisen under policies written by AFFC or any Subsidiary for which reinsurance has been purchased, and for which AFFC or any Subsidiary intended there to be reinsurance coverage, that are not covered under such reinsurance agreements.
At all times material, AFFC and its Subsidiaries have maintained in full force and effect insurance coverage for all risks, and in such amounts, customarily insured by a Person of similar size carrying on similar businesses as AFFC and its Subsidiaries, except where the failure to maintain such insurance coverage could not reasonably be expected to have a Material Adverse Effect.
There are no outstanding powers of attorney granted by AFFC or its Subsidiaries except those powers of attorney that, if exercised in accordance with their terms, could not have a Material Adverse Effect.