FNIC definition
Examples of FNIC in a sentence
Seller and Purchaser agree to discuss Purchaser acquiring the assets and assuming certain liabilities of FN Investment Center ("FNIC") which relate to business being conducted by FNIC at the Branch Offices.
Any delay by FNIC or Client in the exercise of any of their respective rights and obligations under this Agreement will not be construed as a waiver of any such rights or obligations to be performed.
This Agreement may be modified, amended, or waived only by a written agreement executed by FNIC and Client.
FNIC hereby authorizes Financial Institution to monitor and periodically review and verify FNIC's and its Registered Representatives' compliance with the terms of this agreement and agrees to provide Financial Institution with reasonable access to appropriate records in connection with any such activities.
Nothing contained in this Agreement shall create a contractual relationship with or a cause of action in favor of a third party against FNIC or Client.
Financial Institution shall only inform potential customers of the availability of the services of FNIC.
FNIC shall also provide Financial Institution or its regulatory examiners with reasonable access to appropriate records in connection with any inspection by Financial Institution or its regulatory examiners of FNIC's Branch Offices which Financial Institution is required to make pursuant to the rules and regulations of state and federal regulatory agencies.
Financial Institution may provide occasional administrative or clerical support as requested by FNIC and if agreed to by Financial Institution.
Financial Institution and FNIC acknowledge their respective obligations to comply with all applicable laws and regulations and specifically reference the Securities and Exchange Commission, the National Association of Securities Dealers, Inc.
During the Executory Period, except for its execution of the Redemption Agreement, FNIC will not assign, pledge, sell or otherwise transfer or encumber any Issuer shares of capital stock.