BUSINESS OWNERSHIP Sample Clauses

BUSINESS OWNERSHIP. Materially change the ownership structure or control of the business affecting the Project, including but not limited to, entering into any merger or consolidation with any person, firm or corporation or permitting substantial distribution, liquidation or other disposal of business assets directly associated with the Project. Changes in the business ownership, structure or control which do not materially affect the Project shall require forty-five (45) days prior written notice of the Community and Department, but not written consent of, the Department. The materiality of the change and whether or not the change affects the Project shall be determined by the Department.
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BUSINESS OWNERSHIP. If the business is run under a company structure, the insurance policy could be owned by the company. The business succession agreement then compels the company to purchase back the departing owner’s shares and cancel them. The insurance policy is added to the capital of the business and will be subject to Capital Gains Tax, when the remaining owner’s shares are eventually sold. Under this option, the policy is controlled by people other than the insured individual. The insurance cover on that life insured can be cancelled if not required by the business. The premiums are not tax deductible and the proceeds will be taxable if there is a claim for disability or ownership is via a company. A change to business ownership will affect the ownership of the policy, so will also be subject to tax.
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BUSINESS OWNERSHIP. The Shareholders' equity ownership of the Borrower shall not fall below (i) 80% of the combined voting power of all classes of the Borrower's capital stock entitled to vote, or (ii) 80% of the total value of shares of all classes of the Borrower's capital stock outstanding.
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BUSINESS OWNERSHIP. Sole Proprietor Partnership OR Corporation Limited Liability Company Social Security Number: (required for Partnership / Sole Proprietor) Federal Tax ID: (required for Corporation / Limited Liability Co.)           Credit Approval:   Date:   SIC Code:   ACCEPTANCE This Agreement consists of the attached Terms and Conditions and Service Order Attachment (“Attachment”) attached hereto or subsequently signed by the parties and that reference this Agreement (collectively this “Agreement”). You acknowledge that the Terms and Conditions set forth in this Agreement and the Attachment, attached hereto, apply to Your Service for the duration of the Term. Following the end of the Term, if You elect to continue the Service, the terms and conditions set forth in the ACC Business’ Standard Business Communications Services Agreement found at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ shall apply to Your Service. In the event of a conflict among the documents, the order of priority shall be the Attachment, then the Agreement, then the applicable Service Guide referenced in the Attachment. Customer authorizes ACC Business (“ACC”) to request a credit report from a credit reporting agency in connection with this Agreement. Customer understands that upon Your request, ACC Business will advise if a credit report was requested and provide the name and address of the credit agency furnishing the credit report. Name (Printed)   Name (Printed)   Signature (x) Signature (x) Company Name   Title Agent Manager Title   Date   Date  
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BUSINESS OWNERSHIP. All business, including insurance, bond, risk management, self-insurance and any other services transacted through the efforts of Employee or any other employee of Employer, shall be the sole property of the Employer, and Employee acknowledges that Employee shall have no right to any commission or fee resulting from the conduct of such business other than in the form of the compensation referred to in Section 1.3. Employee represents and agrees that Employee presently has, and will have, no ownership interest whatsoever in accounts originated or serviced by Employee and that all such accounts shall belong solely to Employer. Premiums, commissions or fees on the business transacted through the efforts of Employee, whether received from an insured or from one of the companies represented by Employer or Employee, are at all times the sole property of Employer. All checks or bank drafts received by Employee from any company or insured shall be made payable to Employer and all amounts collected by Employee shall be promptly turned over to Employer. Employee covenants to cooperate with Employer, and to take all actions reasonably requested by Employer, whenever Employer attempts to verify that all income has been paid to it and whenever Employer, before or after termination of Employee’s employment, desires to have commissions from business assigned to itself or another employee.
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BUSINESS OWNERSHIP. Pursuant to Section 231.006 (c), Family Code, quotation must include name and Social Security Number of each person with at least 25% ownership of the business entity submitting quotation. Bidders that have pre-registered this information on the TPASS Centralized Master Bidders List have satisfied the requirement. If not pre-registered, attach name & social security number for each person. Otherwise, information must be provided prior to award.
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BUSINESS OWNERSHIP. Any business that is separately owned by either Spouse prior to the marriage shall remain as for the purposes of this Agreement. Any income from the business or appreciation in the businesses’ value shall be also considered as _. Any business that is acquired by either Spouse, including income from the business, during the marriage shall be treated as Marital Property. Upon the dissolution of the marriage, the ownership of the Marital Property businesses and its income or appreciated value shall be split between the Couples accordingly: ___________________ ___________________ The Husband shall get The Wife shall get of the business. of the business.
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BUSINESS OWNERSHIP. Transferor is the lawful owner, without contest, restriction, reservation or any obstacle whatsoever of the Business which it has created; Transferor represents and warrants that the Business has never been entrusted into a management lease situation and more generally that no third party has ever held any right whatsoever on the Business likely to enable such a third party to claim all or part of the ownership or the right to run the Business. The Business has not been subject to any registration of pledge whatsoever as certified by the statement of preferential rank or any other type of lien obtained as of today from the clerk of the Montereau commercial court. The transfer of the Business is not in contradiction with any of the obligations of the DAM company. There is no prohibition of an administrative court or any other type to the running of the Business or its transfer. More generally, there is nothing which is in opposition to the Transferee having unencumbered enjoyment of ownership of the Business as from Completion Date.
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Related to BUSINESS OWNERSHIP

  • Property Ownership Except as set forth in the Registration Statement and the Prospectus or in the SEC Documents and except as would not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect, (i) each of the Company and its Subsidiaries owns its property and assets free and clear of all Liens, except such Liens which arise in the ordinary course of business and do not impair its ownership or use of such property or assets, and (ii) with respect to the property and assets it leases, if any, each of the Company and its Subsidiaries is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any Liens except as set forth under the terms of the lease.

  • Customer Ownership Customer retains all right, title and interest in and to all Customer Data. Customer is responsible for the acquisition, accuracy and legality of Customer Data. These Terms do not grant PROS any ownership rights to Customer Data.

  • Data Ownership BA acknowledges that BA has no ownership rights with respect to the Protected Information.

  • Ownership Ownership of the Deposits during the effective term of the Registry Agreement shall remain with Registry Operator at all times. Thereafter, Registry Operator shall assign any such ownership rights (including intellectual property rights, as the case may be) in such Deposits to ICANN. In the event that during the term of the Registry Agreement any Deposit is released from escrow to ICANN, any intellectual property rights held by Registry Operator in the Deposits will automatically be licensed to ICANN or to a party designated in writing by ICANN on a non-­‐exclusive, perpetual, irrevocable, royalty-­‐free, paid-­‐up basis, for any use related to the operation, maintenance or transition of the TLD.

  • Management, Ownership The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.