AFIC definition
Examples of AFIC in a sentence
Except as set forth in Section 4.1(d) of the Seller Disclosure Schedule, no Person other than AFIC directly or indirectly owns any capital stock or other equity or ownership securities of any Seller.
In the event that any Seller or AFIC II fails in any manner whatsoever to pay, perform or observe any of Sellers’ Obligations, Shareholders, jointly and severally, agree to duly and promptly pay, perform or observe, as the case may be, the Sellers’ Obligations, or cause the same to be duly and promptly paid, performed or observed, in each case as if such Shareholder were itself Sellers, AFIC or AFIC II with respect to the Sellers’ Obligations.
AFIC has delivered to Purchaser correct and complete copies of the charters, bylaws and similar organizational documents, including any amendments thereto, of each Seller.
If any other asset, liability or item of income or expense reflected on the Financial Statements arises out of an allocation to the Business of a portion of any asset, liability or item of income or expense of an Affiliate of AFIC that relates in part to any operation other than the Business, then Section 4.4(a) of the Seller Disclosure Schedule sets forth such fact, an explanation thereof and the method of calculating the allocation or charge.
Each Party shall promptly advise the other Parties upon receiving any communication from any Governmental Entity materially affecting AFIC or such Party’s ability to timely consummate the transactions contemplated hereby.
As of the date of this Agreement, Anschutz owns beneficially and of record approximately 160,000,000 shares of Common Stock, par value $.001 per share (the "COMPANY COMMON STOCK"), of the Company and AFIC owns beneficially and of record a warrant (the "WARRANT") to acquire 8,600,000 shares of Company Common Stock.
FI shall arrange financing and/or refinancing on behalf of AFIC and AFHC of their respective portions of the Acquisition Debt, but of no other debt which AFIC or AFHC may incur including, but not limited to, debt for financing working capital requirements.
Africa aiming to strengthen the capacity of AFIC countries to work on joint intelligence analysis of crime.140 Other capacity-building cooperation projects include the Regional Support to Protection-Sensitive Migration Management in the Western Balkans and Turkey (IPA II) and the Eastern Partnership Integrated Border Management Capacity Building Project.
The agreement described in Section 3.5 above shall further provide that if at the end of any year there shall be a PNK Service Contract Portion payable by PNK, then such PNK Service Contract Portion shall be paid to AFIC and/or AFHC or to FI, as directed by FI, after consulting with ALatieF as to whether or not the Revised Guaranteed Return has been achieved and, if not, how much of the PNK Service Contract Portion ALatieF desires to have paid to each of AFIC and AFHC.
Any sale or other disposition by AFIC of any AFIC Asset, or by AFHC of any AFHC Asset, shall be on terms and conditions, including fair market value compensation, as could be expected to be obtained from unaffiliated third parties.