CFCD definition
Examples of CFCD in a sentence
CFCD is executing and delivering this Amendment both in its capacity as an Originator under the Sale Agreement and as a Servicer under the Servicing Agreement, and all references herein to "CFCD" shall be deemed to include CFCD in both such capacities unless otherwise expressly indicated.
The parties agree that this Agreement shall continue in full force and effect as long as there are any CFCD Obligations outstanding.
CFI and its agents shall not be liable to CFCD for any Losses which arise in any manner from the operation or administration of the Insurance Program (including but not limited to the handling of insurance claims or any failure to obtain insurance) except to the extent that same arises from the gross negligence or willful misconduct of CFI.
UCC-1 financing statements (in form and substance reasonably acceptable to CFI) covering fixtures owned by CFCD and affixed to, or used in connection with, each Mortgage Property, in each case appropriately completed and duly executed, acknowledged and filed in the appropriate land offices.
CFCD agrees to cooperate with CFI in the investigation of any Relevant Claim, to provide prompt notice of any Claim and to provide any information CFI shall reasonably request for the purpose of investigating a CFCD obligation.
In providing the Services, Provider shall perform according to the performance levels maintained by LJSC in the past; or, should any instance arise in which none of such performance levels applies, Provider shall act to substantially the same extent, in substantially the same manner and with substantially the same degree of care and diligence as LJSC would have acted, prior to the Distribution, if it had provided such Services to CFCD.
CFCD is and will remain, until the distribution of the common stock of Consolidated Freightways Corporation to the stockholders of CFI (the date of such distribution being referred to herein as the "Distribution Date"), a wholly owned subsidiary of CFI.
CFI will not provide the necessary insurance, guarantees or collateral for the performance of the CFCD Obligations for any claim occurring after the Commencement Date.
The Company and each other member of the Company Group does hereby acknowledge that these policies are cancelled or terminated as to CFCD and its Subsidiaries as of October 1, 1996, except to the extent of claims referred to in the preceding sentence.
As used herein, the term "Distribution Date" means, for each calendar month occurring on and after the date of this Amendment, the date in each such month which is the fifth Business Day following the scheduled date of all monthly payments of principal and interest in respect of the Bayview Indebtedness required to be made by CFCD 2002 LLC.