FASI definition
Examples of FASI in a sentence
FASI, the Master Servicer, the Trustee and the Security Registrar and any agent of FASI, the Master Servicer, the Trustee or the Security Registrar may treat the Person in whose name this Security is registered as the owner hereof for all purposes, and none of FASI, the Master Servicer, the Trustee, the Security Registrar or any such agent shall be affected by notice to the contrary.
The Pooling and Servicing Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of FASI, the Master Servicer, and the Trustee and the rights of the Holders under the Pooling and Servicing Agreement at any time by FASI, the Loan Seller, the Master Servicer, and the Trustee with the consent of the Holders of Securities entitled to at least 66% of the Voting Rights.
No notice shall have been received as to Litigation being commenced or threatened against VDC, FASI or either Seller by any governmental authority or any other person or entity with regard to this Agreement or the transactions contemplated by this Agreement.
The Sellers have also made FASI's minute books and its stock transfer books available to VDC and warrant that they are complete in all material aspects and accurately reflect in all material aspects all significant transactions of FASI requiring the approval of its board of directors or shareholders.
FASI is duly qualified to do business and is in good standing in each state and jurisdiction in which the failure to be so qualified would have a materially adverse effect on its business.
The Pooling and Servicing Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of FASI, the Master Servicer, and the Trustee and the rights of the Holders under the Pooling and Servicing Agreement at any time by FASI, the Loan Seller, the Master Servicer and the Trustee with the consent of the Holders of Securities entitled to at least 66% of the Voting Rights.
Sellers will provide before or at Closing copies of FASI's Articles of Incorporation certified by the Secretary of State of Florida and all amendments thereto and its By-laws and all amendments thereto certified by an officer of FASI.
The Company, FASI and the Warrant Holder desire to amend certain terms and conditions of the Warrant Agreement.
Any future owner of shares of fully paid voting common capital stock of FASI or other voting securities of FASI may at any time become a party to this Agreement as a Shareholder with the same force and effect as though such person had originally been a party to this Agreement.
In the event that the Voting Trustee is offered or has the right to subscribe for any additional shares or other securities of FASI, then the Voting Trustee shall promptly notify such Shareholder in writing of such subscription rights; provided, however, such notice shall be given not less than 10 business days prior to the Trustee taking any action on such subscription.