FGN definition
Examples of FGN in a sentence
In a treaty done on 21 February 2001 (the "Treaty") the Federal Government of Nigeria ("FGN") and the Democratic Republic of São Tomé e Principe ("DRSTP") agreed to jointly develop the natural resources of an area of the exclusive economic zones between their respective territories in respect of which their maritime claims overlap (tbe "JDZ").
At any time as FGN shall be a Holder (including as trustee) of less than 1,464,150 shares of Common Stock (as adjusted for any stock dividends, combinations or splits with respect to such Stock), then the right of FGN to designate individuals for election to the Board of Directors shall immediately cease.
Accordingly, the Sponsor hereby undertakes on behalf of the FGN, to make all Payment under this Agreement on behalf of the Lessee.
In connection with any vote of Stockholders, FGN hereby agrees that, at its election, it will either (i) vote all of the shares of Designated Preferred Stock of any Series held by it on the date hereof at the direction of the Holders of a majority of the outstanding shares of such series, or (ii) abstain from voting shares of Stock of such Series in connection with such vote of Stockholders.
The subject property is designated as a Future Growth Node (FGN) and zoned Comprehensive Development District 2 (CDD-2) under the Regional Centre Secondary Municipal Planning Strategy (SMPS) and Regional Center Land Use By-law (LUB).
Several variations of the LUB requirements have been requested to achieve the objectives of the Dartmouth Cove FGN while also ensuring the permitted density is achieved.
In the event FGN should sell any Common Stock in contravention of the co-sale rights of the Original Preferred Holders under this Section 5 ("Prohibited Transfer"), each Original Preferred Holder shall have the right to sell to FGN such number of shares of Common Stock that such Original Preferred Holder would have been entitled to transfer to the purchaser had the Prohibited Transfer been effected pursuant to and in compliance with the terms of this Section 5.
In the event either party brings a legal action to enforce the Agreement or collect any overdrawn funds on accounts accessed under this Agreement, the prevailing party shall be entitled, subject to Vermont law, to pay- ment by the other party of its reasonable attorney’s fees and costs, including fees on any appeal, bankruptcy proceedings, and any post- judgment collection actions, if applicable.
To the extent one or more of the Original Preferred Holders exercise such right of participation in accordance with the terms and conditions set forth below, the number of shares of Common Stock that FGN may sell in the proposed transaction shall be correspondingly reduced.
In a treaty done on 21 February 2001 (the "Treaty") the Federal Government of Nigeria ("FGN") and the Democratic Republic of Sao Tome e Principe ("DRSTP") agreed to jointly develop the natural resources of an area of the exclusive economic zones between their respective territories in respect of which their maritime claims overlap (the "JDZ").