KMFC definition
Examples of KMFC in a sentence
Each of RAC and KMFC is now and has since its date of incorporation been an S-Corp under the Code.
The personal property of the Corporations is owned by RAC or KMFC, as the case may be, as the absolute and beneficial owner thereof with good and valid title thereto, free and clear of all Encumbrances other than Permitted Encumbrances.
The authorized capital of KMFC consists of 50,000 shares of common stock, par value of $1.00 per share, of which 1,000 shares of common stock (and no more) have been duly issued and are outstanding as fully paid and non-assessable.
KMFC is a corporation validly existing and in good standing under the laws of the State of Oklahoma.
Subject to the terms and conditions of this Agreement, the Vendor covenants and agrees to sell, assign and transfer to the Purchaser and the Purchaser covenants and agrees to purchase from the Vendor that number and class of shares set out opposite the name of each of RAC and KMFC on Schedule 2.1 (collectively, the “Purchased Shares”), being all of the issued and outstanding shares of the capital stock of each of RAC and KMFC.