FOCI definition

FOCI means foreign ownership, control, or influence within the meaning of the NISPOM.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

FOCI means foreign ownership, control or influence.

FOCI shall have the meaning set forth in Section 4.3.

Examples of FOCI in a sentence

The Participant has a continuing obligation to provide the Contractor written notice of any changes in the nature and extent of Foreign Ownership, Control or Influence over the Participant which would affect the Participant’s answers to the previously completed FOCI certification.
If on the signature date of this Agreement the Non-Navy Collaborator is a FOCI, insert the following paragraph.
Whether or not the Transactions are consummated, Purchaser shall be responsible for the payment of all filing fees and disbursements to any third party expert retained by Purchaser in connection with obtaining any approvals or making the notifications or filings required pursuant to this Section 6.8, including, for the avoidance of doubt, with respect to CFIUS Clearance and the implementation of any FOCI Mitigation Plan.
After five (5) years from the Effective Date of this Agreement, if this Agreement is not otherwise terminated pursuant to Section 16.01 above, this Agreement shall continue in successive thirty (30) day periods until such time as the Parties execute a revised, restated or alternative agreement effectively mitigating FOCI at the Company.
If the Non-Navy Collaborator is a FOCI, please add the following sentence in the above paragraph.

More Definitions of FOCI

FOCI has the meaning set forth in Section 5.5(g).

FOCI means foreign ownership, control or influence

FOCI means the situation where the degree of ownership, control, or influence over a Contractor by a foreign interest is such that a reasonable basis exists for concluding that compromise of classified information or special nuclear material may result.

FOCI means Foreign Ownership, Control or Influence within the meaning of the S&S Program.

FOCI shall have the meaning set forth in Section 4.19(d).

FOCI has the meaning given to such term in Section 6.7(b).

FOCI has the meaning set forth in Section 5.02(b)(ii).