FPFC definition
Examples of FPFC in a sentence
The principal business of FPFC is the financing of commercial insurance premiums.
MLP of which the Corporation is the sole general partner, and FPFC, commenced voluntary cases under Chapter 11 of the US Bankruptcy Code on January 11, 2021 (the “Chapter 11 Cases”).
Ferrellgas Partners, L.P., a Delaware limited partnership ("MLP") of which the Corporation is the sole general partner, and Ferrellgas Partners Finance Corp., a Delaware corporation ("FPFC"), commenced voluntary cases under Chapter 11 of the US Bankruptcy Code on January 11, 2021 (the "Chapter 11 Cases").
Principles of consolidation: The accompanying consolidated financial statements include the accounts of Flushing Financial Corporation and its direct and indirect wholly-owned subsidiaries, the Bank, Flushing Preferred Funding Corporation ("FPFC"), Flushing Service Corporation ("FSC") and FSB Properties, Incorporated ("Properties").
No entities other than MLP and FPFC will commence a voluntary chapter 11 proceeding.
The principal business of FPFC Delaware is the financing of commercial insurance premiums in states other than California.
Personnel $306,462.00 100.0% $0 Fringe Benefits $ % $0 Travel $ % $0 Equipment $ % $ Supplies $ % $0 Contractual $ % $ Building $ % $ Training $ % $ Other (must specify) $ % $0 Other (must specify) $ % $ Other (must specify) $ % $ Indirect Costs* $ % $ TOTAL GRANT BUDGET=$ 306,462.00 (FP/FC) Total Grant Budget: $ 306,462.00 Match: $ 0 TOTAL PROJECT BUDGET= $ 306,462.00 *Indirect Costs should not exceed I 0% ofthe total Grant Budget.
The execution, delivery and performance by each of the Borrower, FGC, FPFC and FPFC Delaware of each Credit Document to which it is or will be a party are within such Person's corporate powers, have been duly authorized by all necessary corporate action, and do not contravene (i) such Person's articles of incorporation or by-laws or (ii) any law or any contractual restriction binding on or affecting such Person.
Flushing Financial Corporation files consolidated Federal and combined New York State and New York City income tax returns with its subsidiaries, with the exception of FPFC, which files separate Federal, New York State and New York City income tax returns as a real estate investment trust.
The MLP Transaction will be effectuated through pre-packaged chapter 11 cases filed by both (i) MLP and (ii) FPFC.