CFCL definition
Examples of CFCL in a sentence
If any such notice is delivered after the date of the CFCL Meeting, provided that a Party is proceeding diligently to cure such matter and such matter is capable of being cured, no Party may exercise such termination right until the date that is 10 Business Days following receipt of such notice by the Party to whom the notice was delivered.
If any such notice is delivered prior to the CFCL Meeting, provided that a Party is proceeding diligently to cure such matter and such matter is capable of being cured, no Party may exercise such termination right until the earlier of (a) three (3) Business Days prior to the CFCL Meeting, and (b) the date that is 10 Business Days following receipt of such notice by the Party to whom the notice was delivered, if such matter has not been cured by such date.
SII further hereby agrees that the Shareholder is not making any agreement or understanding herein in any capacity other than in its capacity as shareholder of CFCL.
Any such amounts will be deducted, withheld and remitted from the Consideration payable pursuant to the Plan of Arrangement and shall be treated for all purposes under this Agreement as having been paid to CFCL Shareholders in respect of which such deduction, withholding and remittance was made; provided that such deducted and withheld amounts are actually remitted to the appropriate Governmental Entity.
Other than the Subject Shares, neither the Shareholder nor any of its affiliates, beneficially own, or exercise control or direction over any additional securities, or any securities convertible or exchangeable into any additional securities, of CFCL.
If the Shareholder or any securityholder, director or officer of the Shareholder or any of its affiliates is also an officer or a director of CFCL, nothing herein shall restrict or limit such Person from taking any action required to be taken in the discharge of his or her fiduciary duty as a director or officer of CFCL or that is otherwise permitted or required by, and done in compliance with, the terms of the Arrangement Agreement.
Nothing herein shall be construed as restricting or limiting in any way CFCL, its principals, affiliates, or any partner, member or shareholder of any of them, from engaging in activities that may be deemed to be competitive with the Properties or any other business activities currently conducted or to be conducted by Purchaser or any of its affiliates on or after the date hereof.
Each of the Purchaser and CFCL agrees that it will instruct the Escrow Agent to disburse funds in writing in the circumstances required under and otherwise in accordance with this Agreement and the Escrow Provisions.
As of the date of this Agreement, to the knowledge of CFCL, no Governmental Authority is conducting or has threatened any proceeding to condemn or take by power of eminent domain all or any portion of any Property.
The Purchaser agrees to pay all record search, title examination, title insurance and survey costs incurred by or at the direction of the Purchaser (including, without limitation, the costs of obtaining the Title Commitments), and the Purchaser agrees to reimburse the CF Entities for any out-of-pocket due diligence expenses incurred by any of them at Purchaser's request and not as a result of any separate obligation imposed on CFCL or the CF Entities hereunder.