EMDF definition
Examples of EMDF in a sentence
EMDF shall defend East Montpelier and Calais and their respective officers, agents, volunteers, and employees against all claims or suits arising in whole or in part from any act or omission of EMDF or any EMDF agent.
EMDF shall immediately retain counsel and provide a complete defense against the entire claim or suit.
EMDF shall not enter into any subcontract for the performance of any services contemplated under this Agreement without the prior written approval of East Montpelier and Calais and subject to such conditions and provisions as East Montpelier and Calais may deem necessary or desirable in their sole discretion.
Upon agreement of the Parties regarding the EMDF Proposed Annual Operating Budget described in Section 5, the East Montpelier and Calais Selectboard shall support said agreement and endeavor to raise the amount of EMDF’s annual operating budget allocated to each town.
East Montpelier and Calais shall notify EMDF in the event of any such claim or suit.
It has conducted all investigations and due diligence concerning EMDF to evaluate the risks inherent in accepting and holding the shares which it deems appropriate, and it has found all such information obtained fully acceptable.
There are no outstanding obligations or liabilities of EMDF except as specifically set forth in the EMDF financial statements.
The arbitrators shall be selected as follows: one by EMDF, one by UTEK and a third by the two selected arbitrators.
It is able to bear the economic risk of the investment in EMDF Shares, including the risk of a total loss of the investment in EMDF Shares.
It has had an opportunity to ask questions of the officer and directors of EMDF concerning EMDF Shares and the business and financial condition of and prospects for EMDF, and the officers and directors of EMDF have adequately answered all questions asked and made all relevant information available to them.