CPFC definition
Examples of CPFC in a sentence
The CPFC shall decide on the approval or disapproval of projects for reasons relating to compliance with the purposes set forth in Law 1556 of 2012, Article 1 (promotion of the national territory for audiovisual filming; development of the national film industry; promotion of tourism activity and the image of the country), for which it may define processes, guidelines, criteria, or weightings that serve as input in the preliminary evaluation of the Management Entity, and for its autonomous decision.
CPFC will pay Consultant for its out of pocket expenses, which have been pre-approved by CPFC, and a fee based upon invoices submitted to CPFC by Consultant.
Unless earlier terminated by the mutual agreement of the parties to this agreement, the term of this Agreement shall be until the assignment of CPEL's rights to the Joint Venture Contract to CPFC is approved by the appropriate governmental agency of the People's Republic of China, at which time this agreement shall terminate and be of no further force or effect.
If the producer has not completed all required documents and clarifications before this deadline, the project will not be presented to the CPFC.
The parties will vote their stock and cast their votes as directors of CPFC and vote their partnership interests in CPEL to enable the adoption and ratification by CPEL and CPFC of the terms and conditions of this Agreement.
As a covenant separate from the aforesaid Agency Agreement, CPFC hereby assumes all of the duties and obligations, financial and otherwise, of CPEL under, pursuant to and resulting from a certain Joint Venture Contract, dated April 13, 1993, entered into with China National Green Food Corporation and Amer-China Partners Limited, for the purpose of developing manufacturing and distribution primarily for children's food products in the People's Republic of China.
CPEL, as Principal, hereby appoints CPFC Principal's exclusive Agent for the performance of all acts required of Principal, and in the name of Principal, under the Joint Venture Contract.
Upon such termination, all common stock received by AFC and stock options granted to AFC pursuant to this Agreement shall be retired and canceled by CPFC and any certificates for such stock issued by CPFC to AFC shall returned by AFC to CPFC within three (3) business days of such termination.
The Seller hereby covenants and agrees that, prior to the date which is one year and one day after the Final Payment Date, it will not institute against, or join any other Person in instituting against, CPFC any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding or other similar proceeding under the laws of the United States or any State of the United States.
AFC, as Principal, hereby appoints CPFC Principal's exclusive Agent for the performance of all acts required of Principal, and in the name of Principal, under the Joint Venture Contract.