FCCT definition

FCCT or "TRUST" means Fording Canadian Coal Trust, an open ended mutual fund trust governed by the laws of the Province of Alberta, established pursuant to a declaration of trust dated February 26, 2003;
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Examples of FCCT in a sentence

  • Working closely with Fife Council, FCCT manage, maintain, and enhance multiple sites and routes across the Kingdom including the Lomond Hills Regional Park, The Fife Pilgrim Way, and the Fife Coastal Path.

  • Elk Valley Coal has also given an unsecured guarantee, limited in recourse as against Teck Cominco to the assets of Elk Valley Coal and our interest therein, with respect to borrowings by FCCT under FCCT's $400 million credit facility, which was initially incurred principally in connection with the financing of the transaction pursuant to which we acquired our interest in Elk Valley Coal.

  • In addition to our 40% direct interest in Elk Valley Coal, we own an approximate 8.74% interest in FCCT, representing a further 5.25% effective interest in Elk Valley Coal.

  • The Borrower shall not, and shall not permit any agent (including NBF) to sell, transfer, assign, convey or otherwise dispose of any legal or beneficial interest in the Pledged FCCT Units other than in accordance with the terms of the Loan Documents, and in particular the Accounts Agreement.

  • Please be sure that your child bathes within 24 hours of attending the FCCT program or any FCCT activities.

  • In the event of conflict between a delivery order or task order and this contact, the contract shall control.

  • Upon the terms and subject to the conditions hereof, the Lender hereby agrees to make the Facility available to the Borrower solely for the purpose of financing the acquisition by the Borrower of the Pledged FCCT Units, and shall be used by the Borrower solely for such purpose.

  • While the foregoing guarantee is in place, FCCT may not sell its interest in Elk Valley Coal or carry on any business other than in respect of Elk Valley Coal or its industrial minerals business substantially as currently conducted, unless in our reasonable judgment the carrying on of such business could not, under any reasonably foreseeable circumstances, have an adverse effect on the financial condition of FCCT.

  • The parties agree, without affecting the Borrower's obligations under Section 3.1(b), or the Borrower's covenant to prepay under this Section 3.1(c), that the Borrower may make such prepayment required under this Section 3.1(c) from 100% of any Net Proceeds received from any FCCT Unit Sale, provided such prepayment is made in accordance with the terms of the Accounts Agreement.

  • The remaining 60% interest in Elk Valley Coal is held by Fording Limited Partnership, a wholly-owned subsidiary of FCCT.