CNAF definition
Examples of CNAF in a sentence
In the event that, notwithstanding the foregoing, CNAF shall make any payment to the Trustee or the Holder of any Security prohibited by the foregoing provisions of this Section, and if such fact shall, at or prior to the time of such payment, have been made known to the Trustee or, as the case may be, such Holder, then and in such event such payment shall be paid over and delivered forthwith to CNAF.
CNAF is not allowed, during the term of the Air China Financial Services Agreement, to make use of the deposits of the Group for investments involving high risks including, but not limited to, investments in equity securities and corporate bonds.
Santa Fe is a member of leading Moving Services Associations (AFRA, Australian Furniture Removers Association and FIDI, the world’s leading global alliance of professional international moving and relocation companies).
Executive may also be elected as an executive officer of CNA Financial Corporation (“CNAF”), a publicly-traded company that is the indirect parent of the Company, and if so elected Executive agrees to serve in such capacity for the term of this Agreement or any portion thereof without additional compensation; provided, however, that nothing in this Agreement shall require that CNAF elect or maintain Executive in any such position.
CNAF is obliged to provide convenience for the auditors of the Company.
Except as otherwise expressly set forth herein, this Agreement contains the entire agreement of the parties with regard to the subject matter hereof, supersedes all prior agreements and understandings, written or oral (including without limitation that certain Employment Agreement made as of March 20, 2003 between Executive and CNAF), and may only be amended by an agreement in writing signed by the parties thereto.
CNAF, being a member of the CNAHC Group, is in a better position to gain information on the member companies who are its customers in a more timely and comprehensive manner as opposed to other PRC commercial banks who conduct business with clients of various credit ratings and backgrounds.
It could be interesting to test a long distance and high capacity DCI between CERN and CNAF using a Packet/Optical Transponder based approach involving ▇▇▇▇ and GEANT.
Every new Security issued pursuant to this Section in lieu of any destroyed, lost or stolen Security shall constitute an original additional contractual obligation of CNAF, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all the benefits of this Junior Indenture equally and proportionately with any and all other Securities duly issued hereunder.
Each Security issued hereunder shall provide that CNAF and, by its acceptance of a Security or a beneficial interest therein, the Holder of, and any Person that acquires a beneficial interest in, such Security agree that for United States Federal, state and local tax purposes it is intended that such Security constitute indebtedness.