CFIL definition

CFIL means China Fisheries International Limited.
View Source
CFIL means China Fisheries International Limited (中漁國際有限公司), a company incorporated in Samoa, with registration no. 3269.
View Source

Examples of CFIL in a sentence

  • CFIL has agreed to enter into this transaction on condition that the Borrower(s) agrees to the right of CFIL to set off against the amount lying in deposit/in account/in possession with CFIL for the recovery of CFIL dues hereunder.

  • The Borrower hereby agrees to accept as conclusive proof of the correctness of any sum claimed by CFIL to be due from the Borrower in respect of the said Credit Facilities, a statement of account printed out from computer made out from the books of CFIL without production of any voucher, documents or other paper.

  • The Borrower shall assign to CFIL every such policy of insurance and shall pay to CFIL all proceeds of any policy received by the Borrower.

  • The Borrower shall reimburse CFIL all costs and expenses incurred by CFIL in the negotiation, preparation, stamping, execution, administration and enforcement of this Agreement as also any security documents and/or the rights of CFIL hereunder or thereunder.

  • Any such action and any such sale, assignment or transfer shall bind the Borrower to accept such third party as creditor exclusively or as a joint creditor with CFIL as the case may be.

  • A certificate by an officer of CFIL that the notice was posted or served, as the case may be, shall be final, conclusive and binding on the Borrower.

  • The Borrower further declares that the said Hypothecated assets and all documents relating thereto shall be held in trust by the Borrower for CFIL.

  • Subject to the other terms and conditions herein contained, CFIL shall grant to the Borrower the said credit facilities, particulars whereof are given in the Schedule I hereto.

  • There has been no material adverse change in the financial condition of the Borrower, nor has any event which is prejudicial to the interest of CFIL taken place since the date of latest audited financials of the Borrower which is likely to materially and/or adversely affect the liability of the Borrower to perform all or any of the obligations under this agreement.

  • Further, borrower also agrees that the statement of account being a computer generated printout does not require any signature of CFIL.