SFHC definition
Examples of SFHC in a sentence
SFHC and the Trustee may modify or amend this Agreement only by written agreement between them.
In case any stock or other securities of the Company are offered for subscription to SFHC, the Trustee, following receipt of notice of such offer, shall mail a copy thereof to SFHC.
In the event of the dissolution or total or partial liquidation of the Company, whether voluntary or involuntary, the Trustee shall receive the funds, securities, rights, or property to which SFHC is entitled, and shall distribute the same to SFHC.
SFHC, being entitled to receive a Voting Trust Certificate representing its shares of capital stock, and its respective transferees and assigns, upon accepting the Voting Trust Certificate issued hereunder, shall be bound by the provisions of this Agreement.
SFHC may at any time deposit with the Trustee additional certificates for shares of Common Stock of the Company that it may hereafter acquire (the "Additional Certificates"), but SFHC shall not be required to deposit Additional Certificates unless it so elects, except that Additional Certificates representing shares acquired due to the distribution of a stock dividend or split by the Company shall be held by the Trustee in accordance with Section 4 hereof.
All of the accounts and agreements which SFHC has with any banking institution as of the date hereof are described in Section 6(p) of the SFHC Disclosure Schedule, indicating with respect to each of such arrangements the type of arrangement maintained (such as checking account, borrowing arrangements, safe deposit box, etc.) and the authorized signatories or transaction agents in respect thereof.
SFHC and its Affiliates have taken and will take all necessary action to maintain such Licenses, and no loss or expiration of any such License is (to the knowledge of SFHC) being overtly threatened, pending or reasonably foreseeable other than expiration in accordance with the terms thereof or such loss or expiration that would not have a Material Adverse Effect on SFHC.
In case any action or proceeding shall be brought against an Issuer Indemnified Party in respect of which indemnity may be sought against a Holder of Registrable Securities, such Holder shall have the rights and duties given the Company, SFHC and the Subsidiary Guarantors, and the Issuer Indemnified Parties shall have the rights and duties given to each Holder by the preceding paragraph.
During the two-year period commencing on the Closing Date, Buyer shall promptly deliver to the SFHC Partners' Representative a written notice of any proposal made, and any discussions held or to be held, with respect to a possible sale or other disposition of all or a substantial portion of or a substantial direct or indirect interest in the "Summerfield Suites" business (or any successor business) or the "Sierra Suites" business (or any successor business).
Employees having completed thirty (30) years of regular contracted service in the Chehalis School District shall receive $1,500 annually.