MCFI definition
Examples of MCFI in a sentence
MCFI will use its best efforts to prevent the issuance of any such stop order and, if issued, to obtain as soon as possible the withdrawal thereof.
This indemnity agreement will be in addition to any liability which MCFI may otherwise have.
This Agreement shall be subject to termination by notice given to MCFI, if the sale of the Registered Certificates provided for herein is not consummated because of any failure or refusal on the part of MCFI to comply in all material respects with the terms or to fulfill in all material respects any of the conditions of this Agreement, or if for any reason MCFI shall be unable to perform in all material respects its obligations under this Agreement.
As required by Policy Statement 105, each Underwriter therefore covenants and agrees with MCFI that sales of the Registered Certificates made by such Underwriter in and from the State of New York will be made only to institutional investors within the meaning of Policy Statement 105.
If the foregoing is in accordance with your understanding of our agreement, please sign and return to the undersigned a counterpart hereof, whereupon this letter and your acceptance shall represent a binding agreement among MCFI and the Underwriters.
Conditional upon consummation of the Merger and the Executive continuing in the employment of MCFI and MidCarolina Bank on the effective date of the Merger (the “Merger Date”), and effective at the Merger Date, this Agreement shall become effective on the Merger Date.
MCFI will file with the Commission (i) within fifteen (15) days of the issuance of the Certificates a Current Report on Form 8-K (for purposes of filing the Pooling and Servicing Agreement and other material contracts) and (ii) in the time period specified in Section 5(e) hereof, a Current Report on Form 8-K (for purposes of filing certain Computational Materials and ABS Term Sheets as described in Section 5(e) hereof).
The respective agreements, representations, warranties, indemnities and other statements of MCFI, the Underwriters and their respective officers, directors, employees and agents set forth in or made pursuant to this Agreement will remain in full force and effect, regardless of any investigation made by or on behalf of either Underwriter, MCFI or any of the officers, directors or controlling persons referred to in Section 7 hereof, and will survive delivery of and payment for the Registered Certificates.
Nothing contained in this Agreement shall (a) relieve any defaulting Underwriter of its liability, if any, to MCFI and to any nondefaulting Underwriter for damages occasioned by its default hereunder or (b) relieve any Underwriter of such Underwriter's obligations under the Agreement Among Underwriters.
Subject to the terms and conditions and in reliance on the representations and warranties herein set forth, MCFI agrees to sell to each of Citibank and NationsBanc, and Citibank and NationsBanc each agrees to purchase from MCFI, the portions of the Class Principal Balances of the respective classes of Registered Certificates set forth on Schedule I hereto, at the purchase price for each such class as set forth on Schedule I.