NFLI definition

NFLI has the meaning set forth in the first paragraph of this Agreement.
View Source
NFLI means Nutrition for Life International, Inc., a Texas corporation and its successors and assigns. "Note" ------ shall mean, collectively and each individually, the Revolving Notes and the Term Notes, as the same may be amended, modified, divided, supplemented and/or restated from time to time.
View Source

Examples of NFLI in a sentence

  • All of the issued and outstanding shares of NFLI Common Stock have been duly authorized and validly issued and are fully paid and nonassessable.

  • He understands that (a) this waiver is permanent, (b) no amounts are being accrued as compensation payable to him on the books and records of NFLI and ANII, and (c) his waiver is a permanent relinquishment of rights to this compensation.

  • NFLI shall be entitled to postpone for a reasonable period of time (not to exceed 180 days) the filing of any registration statement if, in the good faith judgment of NFLI's Board of Directors, such registration would materially interfere with NFLI's own impending financing.

  • Each of NFLI, ANI and Newco is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation, and has the requisite power and authority to carry on its business as it is now being conducted.

  • All shares of NFLI Preferred Stock issued upon conversion of shares of ASH Stock shall be deemed to have been issued in full satisfaction of all rights pertaining to the ASH Stock.

  • Each of NFLI, ANI and Newco is not in violation of any of its Charter Documents.

  • The authorized capital stock of NFLI consists of 20,000,000 shares of NFLI Common Stock of which 5,808,595 shares are issued and outstanding, and 1,000,000 shares of NFLI Preferred Stock, of which no shares are issued and outstanding.

  • All necessary consents of and filings with any governmental authority or agency relating to the consummation of the transaction contemplated herein shall have been obtained and made and no action or proceeding shall have been instituted or threatened to restrain or prohibit the Merger and no governmental agency or body shall have taken any other action or made any request of NFLI, ANI or Newco as a result of which NFLI, ANI or Newco deems it inadvisable to proceed with the transactions hereunder.

  • No action or proceeding before a court or any other governmental agency or body shall have been instituted or threatened to restrain or prohibit the Merger and no governmental agency or body shall have taken any other action or made any request of NFLI, ANI or Newco as a result of which the management of NFLI, ANI or Newco deems it inadvisable to proceed with the transactions hereunder.

  • If the Special Accountants determine that the Pre-Tax Income has been understated by 10% or more, then NFLI shall pay the Special Accountants' fees, costs and expenses.