GFAC definition
Examples of GFAC in a sentence
Canning later became the balloon depot ship for the Grand Fleet.237 Manica and City of Oxford were later converted into seaplane carriers.238 In the spring of 1917 the Grand Fleet Air Committee (GFAC) report recommended termination of further development of balloon ships.
The sub-agreement established with the Greater Flint Arts Council (“GFAC”) will provide for the disbursement of the GFAC Fund from the FOUNDATION to the GFAC in accordance with the Millage language, subject to GFAC signing such a sub-agreement with the FOUNDATION.
The ASB, College and GFAC shall adhere to the policies and procedures to be outlined in the Financial Code.
The Company believes it unlikely Airbus will be required to make such a payment to GFAC and, in consequence, that it is unlikely GFC will be required to make a corresponding payment to Airbus under the Reimbursement Agreement.
The intervenor's complaint repeats the material allegations made in GFAC's complaint and seeks restitution from Airbus of the approximately $227.6 million in unutilized PDPs paid by GFAC prior to October 1, 2001, and damages and interest in unspecified amounts.
GFAC acquired the assets and business of Global Finance & Leasing, Inc.
Should GFAC ultimately succeed in recovering from Airbus PDPs with respect to the GATX Allocated Aircraft, GFC may be obligated to make a payment to Airbus under the Reimbursement Agreement in an amount equal to the lesser of (x) the amount so recovered or (y) approximately $77.8 million.
GFI proposes to purchase from GFAC Leases created by Global in the ordinary course of its business and purchased by GFAC as part of the assets acquired on March 31, 1997 ("GFAC/Global Leases") as well as Leases generated by GFAC in the ordinary course of its business ("GFAC Leases").
The Tolling Agreement also provides that FHG shall not bring any claims asserted in the FHG Action (or any substantially similar claims) against GFC, Third Aircraft, GFAC, or Messrs.
In connection with the GATX Agreement, GFC agreed that in certain specified circumstances it will pay to Airbus any amount Airbus is required to pay to GFAC in reimbursement of PDPs paid by GFAC with respect to the GATX Allocated Aircraft (such agreement being the "Reimbursement Agreement").