Business Structure Sample Clauses
The Business Structure clause defines the legal form and organizational setup of the entity involved in the agreement, such as whether it is a corporation, partnership, limited liability company, or sole proprietorship. This clause typically outlines key details like ownership, management roles, and the jurisdiction under which the business is registered. By clearly specifying the business structure, the clause ensures all parties understand the legal framework governing the entity, which helps allocate responsibilities and manage risk appropriately.
Business Structure. ▇▇▇▇▇▇▇▇ and Associates, Incorporated is registered as an S-Corporation headquartered at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ #▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇. Articles of Incorporation are filed with the District of Columbia.
Business Structure. State that proposer is authorized to do business in Texas. Identify the legal entity(ies) that would execute the Agreement. State whether each entity is a sole proprietorship, partnership, corporation, or joint venture. Describe in detail the relationship of the proposer to the entity that will execute the Agreement. If the proposer is a joint venture, describe where (if at all) the entities have collaborated before. State the number of years the entity(ies) have been organized and doing business under this legal structure. Proposal should include all the names of proposer’s (and executing entities’ if different than proposer’s) owners/stockholders with greater than a 10% holding and creditors owed a debt greater than 10% of the company's total assets. Identify other entities with common ownership and/or management.
Business Structure. Conseco and CIHC, on the one hand, and the Company, on the other, being separate and independent corporations, (i) have observed separate and independent corporate formalities related thereto and have separate and independent (A) business locations, (B) operating accounts, (C) employees, (D) assets and liabilities, and (E) proceeds from the sale of each entity's respective stock (it being recognized that an immaterial sharing of employees and facilities has occurred with an appropriate allocation of costs related thereto) and (ii) do not commingle funds or other assets.
Business Structure. Please check only one box:
Business Structure. An SBLC must be a corporation (profit or non-profit) or a limited liability company or lim- ited partnership.
Business Structure. Proposer shall include the following in its proposal:
1. Confirm that proposer is authorized to do business in California.
2. Identify the legal entity that would execute the Franchise Agreement. State whether each entity is a sole proprietorship, partnership, corporation, LLC, or joint venture. Describe in detail the relationship of the proposer to the executing entity. If the proposer is a joint venture, describe where the entities have collaborated before.
3. State the number of years the entities have been organized and doing business under this legal structure. Proposal must include all the names of company’s (and executing entities’ if different than company’s) owners/stockholders with greater than a 10% holding of the company's total assets.
4. Identify other businesses with ownership by principals and/or management.
5. Proposer shall describe all services to be performed by subcontractors, and identify each subcontractor by name. Proposer shall describe any current or past working relationship with the subcontractor(s) in the past five years.
6. Proposer shall declare its intent to offer or not offer employment to eligible employees of the current contractor as described in Section 3.6.3 of this RFP.
Business Structure. Development of the Project through the Detailed Feasibility Study will be conducted solely by ▇▇▇▇▇. As soon as the Detailed Feasibility Study is completed and a decision to proceed is made, a corporation will be formed to own and manage the Plant. ▇▇▇▇▇ anticipates that this corporation will execute a contract with ▇▇▇▇▇ to manage all future operations of die project including development design, construction, operation and product marketing. The corporate entity will consist of the equity investors with voting Power directly related to their proportion of the equity investment. This group will function as a board of directors who, win establish policy, guidelines and direction for day-to-day conduct of the operation by ▇▇▇▇▇. The corporate entity will also be responsible for representing the interests of the debt financing group.
Business Structure. Busk In London will initially operate within the GLA as a non-profit making initiative. In accordance with the powers in Section 93 of the Local Government Act 2003 (see Legal Comments for further detail), the GLA will generate income by providing Busk In London products and services on a cost recovery basis in order to reduce reliance on public funding. It is expected to generate non-GLA income of £148,500 in year one, with overall expenditure in year 1 of £468,000. As and when it becomes clear that Busk In London has become self-financing and has the potential to operate on a commercial basis, the GLA will explore the option of setting it up as a company, in accordance with the provisions of section 95 Local Government Act 2003.
Business Structure. The template Agreement provides for the Business Structure to be comprised of a Board with membership details recorded in Item 5 of Schedule 1. The Decision Making Matrix in Schedule 5 should identify the decisions which are the responsibility of the Board. The template Agreement also provides for a Management Team Leader whose identity must be listed in Item 7 of Schedule 1. The template Agreement provides for the Management Team Leader to appoint the management team.
Business Structure. Administration Any change in the corporate business structure or administration which significantly affects the Provider’s ability to carry out its duties under this Contract or applicable requirements.