FRC definition
Examples of FRC in a sentence
The costs of any such action shall be payable from FRC Collections as an Operating Expense in accordance with the priorities set forth in Section 8.02(d) of the Indenture.
If the faculty member believes the CAC has misjudged or misranked the faculty member’s application, the applicant may file an appeal to the FRC.
The FRC may refer such appeals to the ▇▇▇▇ for further consideration.
The Servicer’s costs and expenses incurred in connection with any such proceeding shall be payable from FRC Collections as an Operating Expense (and shall not be deemed to constitute a portion of the Servicing Fee) in accordance with the Indenture.
The report of the CAC, along with forms detailing replacement costs for applications ranked by the CAC, and any separate report by the ▇▇▇▇ shall be submitted to the FRC.