FPF definition
Examples of FPF in a sentence
Ownership limits do, however, apply and circumstances could arise in which employees or their Immediate Family Members are required to divest from an FPF.
Seller and FPF desire to modify and amend the Agreement as hereinafter set forth.
A variable interest rate, subject to adjustment in the sole discretion of Lender, will be paid on an FPF Account.
Borrower will establish one or more FPF Accounts with Lender or its affiliates.
The rate paid on funds held in any FPF Account will not exceed the rate paid by Borrower on the related Loan.
Interest will accrue on FPF Account balances at a minimum principal balance to be determined by Lender, from the date payments were received into an FPF Account.
Borrower hereby grants to Lender a first lien security interest in any FPF Account established or to be established by or on behalf of Borrower related to any Loan.
Borrower acknowledges and agrees that during an Event of Default, Lender has a right of set-off against all funds in Borrower’s FPF Accounts.
For all other Loans, the maximum amount that may be held in the FPF Account shall not exceed the outstanding principal balance on the associated Loan or some other amount as may be determined by Lender.
Any such fidelity bond or insurance policy shall not be cancelled or modified without ten days' prior written notice to FPF.