CRFU definition

CRFU means the Community Rehabilitation Fund Unit referred to in Section 2.01 (e) of this Agreement; and
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Examples of CRFU in a sentence

  • All of the CRFU SEC Reports, as of their respective dates (and as of the date of any amendment to the respective CRFU SEC Reports), complied as to form in all material respects with the applicable requirements of the Securities Act and the Exchange Act and the rules and regulations promulgated thereunder.

  • In addition, L▇▇▇▇ ▇▇▇▇▇ and R▇▇▇▇▇▇ ▇▇▇▇▇ also agree, pursuant to the lock-up agreement, that their 200,000 restricted and non-transferable shares of CRFU, respectively, shall be locked-up and non-transferable for a period of twelve months after Closing.

  • Sun Group shall have delivered to CRFU audited financial statements and an audit report thereon for the year ended December 31, 2005 and unaudited financial statements for the quarter ended August 31, 2006, any required audits shall be prepared by a PCAOB member audit firm in accordance with U.S. GAAP at Sun Group’s expense.

  • Within 60 days upon the effective date of the Plan, CRFU shall issue 30,000,000 new investment shares of Common Stock of CRFU to or for the Sun Group Shareholders.

  • CRFU and Sun Group shall be hereby reorganized, such that CRFU shall acquire a 70% interest in Sun Group, and Sun Group shall become a 70% owned subsidiary of CRFU.

  • CRFU would acquire a 70% interest (RMB 74,200,000) in Sun Group in exchange for the issuance of 30,000,000 new shares of CRFU to Sun Group Shareholders.

  • Sun Group has agreed to provide audited financial statements prepared in conformity with U.S. GAAP to CRFU within 71 days upon signing this Plan of Exchange.

  • On or immediately after the Closing, K▇▇▇▇ shall resign from the positions of director and officer of CRFU and a nominee of Sun Group shall be appointed to the Board of Directors of CRFU to fill the vacancy created by K▇▇▇▇'s resignation.

  • The parties anticipate the filing of a Schedule 14F-1 Information Statement at least ten days prior to any change in majority of the Board of Directors of CRFU.

  • In addition, Sun Group and/or the Sun Group Shareholders will acquire 9,500,000 freely transferable common shares of CRFU from M▇.