MFAC definition

MFAC. First paragraph
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MFAC means the Malawi Fertilizer Advisory Committee as prescribed by regulations under this Act;
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MFAC agree that the participating AAAD Members (as hereinafter defined) shall be the principal suppliers to the designated ANAS of at least [*]% of their automotive inventory replacement and repair parts, as defined below, on the terms and conditions set forth herein or as may hereafter be agreed to by and between AAAD or the AAAD Members and "MAFC". This Agreement will apply to all ANAs in the United States except as specified herein or otherwise mutually agreed. A participating AAAD Member is defined as a current member of AAAD in good standing. AAAD will act in behalf of those participating AAAD members as their billing and information disseminating agent and will act to provide general management and coordination of the supply program. Monies paid to AAAD by "MAFC" and the accounts receivable for unpaid merchandise are the property of and are owed to the individual AAAD Members who sold the goods.
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Examples of MFAC in a sentence

  • At or before the Closing, MCSC and MFAC shall execute and deliver to TBS all other documents contemplated by this Agreement.

  • Immediately prior to the Closing Date (as defined in Section 2.2 hereof), MCSC shall have organized, as a wholly owned subsidiary, MFAC as a California corporation pursuant to Section 202, ET SEQ.

  • No indemnification payment shall be made by the Stockholders pursuant to this Agreement, until the amounts which the MCSC Group would otherwise be entitled to receive as indemnification aggregate at least $50,000.00 and MCSC shall have been unable to recover such amounts from any applicable insurance MCSC or MFAC may have, at which time MCSC Group shall be entitled to receive payment of all such amounts in excess of $50,000.00.

  • At the Closing Date, the authorized capital stock of MFAC will consist of one thousand (1,000) shares of MFAC common stock, no par value per share ("MFAC Common Stock"), all of which shares will be issued and outstanding and owned beneficially and of record by MCSC.

  • MCSC and MFAC shall have performed and complied with all agreements, obligations and conditions required by this Agreement to be so performed or AGREEMENT AND PLAN OF REORGANIZATION PAGE 47 complied with by it at or prior to the Closing.

  • Each Stockholder owns and has an unqualified right to sell and shall transfer to MCSC at the Closing upon surrender of his or her certificates therefor, and MCSC and MFAC will receive, good, valid and marketable title to the TBS Common Stock, free and clear of any and all mortgages, pledges, security interests, liens, charges, options, conditional sales agreements, claims, restrictions, covenants, title defects or other encumbrances or restrictions of any nature ("Liens").

  • A certified copy of the resolutions of the Boards of Directors of MCSC and MFAC will be delivered to TBS, and such copies will be complete and correct and such resolutions will be in full force and effect on the date thereof.

  • Each of MCSC, MFAC, TBS and each of the Stockholders shall be a "Party" to this Agreement and, as the context requires, are collectively "Parties" to this Agreement.

  • At the Closing Date, all outstanding shares of MFAC Common Stock will have been duly authorized and validly issued and will be fully paid and non-assessable, and none of the outstanding shares of MFAC Common Stock will have been issued in violation of the preemptive rights of any person, firm or entity.

  • No agent, broker, person or firm acting on behalf of MCSC or MFAC is, or will be, entitled to any commission or broker's or finder's fees from any of the parties hereto in connection with any of the transactions contemplated herein.

Related to MFAC

  • Dell means Dell Inc., a Delaware corporation.

  • CSC means the Civil Service Commission of the City and County of San Francisco.

  • Information Systems means all computer hardware, databases and data storage systems, computer, data, database and communications networks (other than the Internet), architecture interfaces and firewalls (whether for data, voice, video or other media access, transmission or reception) and other apparatus used to create, store, transmit, exchange or receive information in any form.

  • FIS means free into store delivery, which requires the Supplier to pay all costs and be responsible for all requirements associated with the supply and delivery of Goods to the Company at the delivery site described in the Order, including all costs associated with transport, insurances, licences, authorisations, duties and taxes.

  • Hyperlink means a special HTML code that allows text or graphics to serve as a link that, when clicked on, takes a user to another place in the same document, to another document, or to another Internet Web site or Web page.