FCIC definition
Examples of FCIC in a sentence
The Company is not required to offer such plans of insurance as may be approved by FCIC under the authority of section 508(h) of the Act.
FCIC will remit amounts due the Company by electronic funds transfer (EFT) on or before the FCIC payment date.
If a decision cannot be issued within 90 days, FCIC will notify the Company within the 90-day period of the reasons why such a decision cannot be issued and when it will be issued.
Once approved by FCIC, the Company’s Plan of Operations becomes an Appendix to the Agreement.
If the applicable 3-year period has expired and the Company or its affiliate still has the records in their possession, FCIC can require that such records be retained for a longer period by providing written notice.
FCIC and the Company agree that in view of the difficulty of determining the value of such service, the amounts stated below are reasonable estimates of the value.
If an investigation by FCIC determines that funds may be owed by FCIC to the Company, written notice does not need to be provided.
Failure to provide such notice shall relieve FCIC of the obligation to repay any amount that would be owed to the Company.
Unless otherwise provided, the definitions of terms herein only apply to the terms and conditions contained in this Agreement and not to FCIC procedures or other documents related to this Agreement.
The Company is solely responsible for the conduct and performance of its personnel and affiliates with respect to the obligations imposed by this Agreement and FCIC procedures.