FBIC definition
Examples of FBIC in a sentence
FFLIC and FBIC shall be deemed to be acting therein and herein on their own behalf and on behalf of those separate accounts referenced in Schedules Al and A2 attached hereto and made a part hereof, as the same may be amended from time to time.
Fortis, Purchaser, FBIC and FFLIC are each duly incorporated, validly existing and in good standing under the laws of their respective jurisdictions of incorporation and each has the corporate power and authority to own, lease and operate its properties and assets and conduct its business as it is now being conducted in such jurisdiction.
The Company will grant the Executive 1,000,000 FBIC RSUs that will be priced and vested after the restricted period, as identified by the IPO investment banker.
In such event, Sellers will provide to Purchaser, FBIC and FFLIC such financial information regarding the Business as Purchaser, FBIC and FFLIC shall reasonably request to permit Purchaser, FBIC and FFLIC to file their 2001 financial statements on a timely basis.
H&S shall cause FBIC to convert to a Delaware limited liability company.
Fortune Brands shall make a contribution to the capital of FBIC of the outstanding receivable payable by FBIC to Fortune Brands.
ARTICLE 7 REPRESENTATIONS AND WARRANTIES OF FORTIS, PURCHASER, FBIC AND FFLIC.................
The Related Agreements shall have been duly executed and delivered by Purchaser, FBIC and FFLIC, as applicable, on or prior to the Closing Date and such agreements shall be in full force and effect with respect to Purchaser, FBIC and FFLIC, as the case may be, on the Closing Date.
In the event there is a change in the incumbent CFO of FBIC or if there is a material change in the duties required of the CFO of FBIC, the parties shall discuss the implications of such a change on the reporting relationship envisioned by this section and the modifications to such reporting relationship that may be warranted by such change.
During any period in which there is not a CFO of FBIC, or any period in which Executive has not approved a modification proposed by FBIC to the reporting relationship, Executive shall report to the President of FBIC, the Senior Vice President of Human Resources of FBIC, the General Counsel of FBIC, or the Chief Information Officer of FBIC, at the discretion of Fortis, who shall be the Supervisor during such time.