AFIDA definition
Examples of AFIDA in a sentence
The Member consents to AFIDA providing marketing materials to it, including newsletters and invitations to events.
The Member is entitled to network with leading industry influencers and stakeholders who are also Members of AFIDA.
The obligation to make this filing is Seller's and not Purchaser's unless Purchaser is itself a "foreign person" for purposes of AFIDA.
During 1998 and 1999, Seller received multiple Notices of Violation from the U.S. Department of Agriculture ("USDA") with respect to the failure by Seller to make required filings under the Agricultural Foreign Investment Disclosure Act of 1978 ("AFIDA") with respect to the Real Property.
The sale of the Real Property contemplated by this Agreement will require an additional filing by Seller under AFIDA which must be made within 90 days after Closing.
These filings were required as a result of the acquisition of an interest in Container Corporation of America (n/k/a Jefferson Smurfit Corporation (U.S.)) by an entity controlled by Smurfit Group plc in 1986, at which ▇▇▇▇ ▇▇▇▇▇▇ became a "foreign person" for purposes of AFIDA.
The Agricultural Foreign Investment Disclosure Act (AFIDA) requires disclosure of a transfer of interest in certain agricultural land (including farms and ranches) to or from a foreign person to the Farm Service Agency within 90 days of the transaction, on a form provided by the FSA.
AFIDA does not apply to agricultural land if in the aggregate it is not more than 10 acres and if the gross annual receipts from the sale of farm, ranch, farming or timber products do not exceed $1,000.00.
Purchaser acknowledges and agrees that prior to Closing (a) Seller may elect to carve out up to 1,000 acres of the Real Property in Alachua County, Florida near the University of Florida to facilitate a settlement of the AFIDA Proceeding described on Exhibit J hereto; and (b) may convey in lieu of condemnation up to 300 acres of the Real Property to Alabama Power Company.
The Agriculture Foreign Investment Disclosure Act (AFIDA) of 1978 requires that a foreign person who acquires, disposes of, or holds an interest in United States agricultural land must disclose such transactions and holdings to the Secretary of Agriculture.