FANB definition
Examples of FANB in a sentence
This Agreement shall be binding upon, inure to the benefit of and be enforceable by each of FANB and its successors and assigns.
The term "affiliate" shall mean a direct or indirect subsidiary of either FANB or FAC.
This Agreement is to have been prepared jointly by Consultant and FANB, and any uncertainty or ambiguity existing herein shall not be interpreted against either party, but shall be interpreted according to the rules of interpretation for arms-length agreements.
The parties hereto acknowledge that Consultant will be an independent contractor of FANB retained to perform the services described herein, and that, as such, FANB shall not be responsible for the withholding of income taxes, FICA or other taxes.
Consultant acknowledges that in the course of his engagement by FANB he will have access to confidential proprietary information and data concerning the business of FANB and its affiliates, collectively, the "Information", which FANB desires to protect.
Nothing contained in this Agreement shall require Consultant or FANB to engage in any conduct or perform any act contrary to law.
Consultant is willing to provide assistance and services to FANB on the terms set out herein.
In the event of a dispute between Consultant and FANB involving the terms of this Agreement which results in the filing of suit, the prevailing party shall be paid and reimbursed by the other for all costs and expenses, including all defense costs, investigation costs, and reasonable attorneys' fees, paid or incurred by such prevailing party in connection with such dispute.
FANB shall pay one twelfth (1/12) of such annual fees to Consultant monthly, on or before the last day of each calendar month, throughout the Term.
FANB shall also reimburse Consultant for his reasonable and appropriate out-of-pocket travel and business expenses incurred in rendering services hereunder in accordance with FANB's policies and procedures relating to the reimbursement of such expenses.