FMFC definition
Examples of FMFC in a sentence
I understand that I have twenty-one (21) days to consider this Agreement and return it to FMFC.
I understand that a revocation will become effective only if I furnish FMFC with written notice, within such seven (7) day period.
Each of the Company and FMFC is a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware.
Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the Series A Convertible Preferred Stock Purchase Agreement dated March 1, 2004 between FMFC and the Investor, as amended (the “Securities Purchase Agreement”).
Holdings acknowledges and agrees that any rights which the Investor has prior to the Exchange as a holder of FMFC Preferred Stock shall be preserved as a holder of Holdings Preferred Stock and Holdings hereby assumes all obligations of FMFC relating thereto, including the obligation to pay any accrued and unpaid dividends on the FMFC Preferred Stock.
At the Closing Date, the Company will possess all of the personal property wherever located required to conduct business as conducted prior to the Closing, including without limitation all of the shares of FMFC set forth in Schedule 2.13(b).
As consideration and in exchange for the Shares, Buyer shall pay to Seller a purchase price of __________ (which is based on $1.75 per share of FMFC stock to be purchased) (the "Purchase Price") in shares of the Common Stock of Buyer ("Buyer Common Stock") in accordance with this Section 1.
At or prior to the Closing, the Parties shall enter into a termination agreement in substantially the form attached hereto as Exhibit D (the “Management Agreement Termination”), related to that certain Glencoe Management Services Agreement, dated as of June 7, 2004 by and between Glencoe and FMFC, pursuant to which FMFC will pay a $300,000 termination fee and all of the accrued management fees under such agreement through the Closing Date.
At or prior to the Closing, the Parties shall enter into a termination agreement in substantially the form attached hereto as Exhibit E (the “Oversight Agreement Termination”), related to that certain Management Rights Agreement, dated as of June 7, 2004 by and between Glencoe Capital Partners III, L.P., a Delaware limited partnership (an affiliate of Glencoe) and FMFC.
FMFC shall continue to provide to Employee for a period of twenty-four (24) months the Continuation Benefits set forth in Section 1.7 of the Employment Agreement, and except as otherwise expressly provided in this Agreement, Employee will not be entitled to receive any other benefits after the Termination Date.