This document provides an overview of Application.cfc in ColdFusion MX 7, describing how it is used to define application settings and handle various events like onApplicationStart, onSessionStart, onRequestStart, and onError. It discusses the methods and their uses, as well as things to consider when converting from Application.cfm such as loading UDFs, extending Application.cfc, and handling onRequest with web services and REST. Resources for further information are also provided.