FPSI definition
Examples of FPSI in a sentence
FPSI is hereby expressly made a third-party beneficiary of the indemnity obligations of Borrower contained in this paragraph 8.2 and shall have the right to enforce such indemnity obligations against Borrower in the same manner as if FPSI were a party to this Agreement.
Provided there does not exist an Event of Default, FPSI shall perform such monitoring no more frequently than once per calendar year.
Borrower's Obligation to pay Impositions shall likewise include the Obligation to pay any increase to Lender or FPSI in tax imposed by Mexico or the United States of America (or any political subdivisions of either) as a result of inclusion in income of Lender of any amount required by this paragraph 6.1(g) to be paid to or for Lender or FPSI.
FPSI is hereby expressly made a third-party beneficiary of the provisions of this paragraph and shall have the right to enforce this paragraph against Borrower in the same manner as if FPSI were a party to this Agreement.
The table below indicates the electric meters Consumption and Demand used in the FPSI Campus Electric Baseline.
Six (6) electric meters usage are included in the Baseline and table shown they represents 92% of the FPSI Campus electric usage and establishes the electric Baseline for the FPSI Campus Lighting Retrofit FIM.
Borrower will permit FPSI, Lender's wholly owned servicing subsidiary, to monitor the collection and servicing function of Borrower with respect to those Receivables collected and serviced by Borrower.
Such monitoring shall be performed at Lender's sole cost and expense except that Borrower shall reimburse FPSI, on demand, for FPSI's travel expenses incurred in connection with such monitoring.
During an Event of Default, there shall be no limit on the frequency of such monitoring by FPSI and all such monitoring performance during the pendency of an Event of Default shall be performed at Borrower's sole cost and expense.
The copy of the memorandum and articles of association of the Company or (in the case of FPSI or AB) the equivalent constitutional document annexed to the Disclosure Letter is accurate and complete and has embodied in or annexed to it a copy of every resolution or agreement as is required by law to be embodied in or annexed to it, and sets out completely the rights and restrictions attaching to each class of authorised share capital of the Company.