CLASSIFICATION STATUS Clause Samples

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CLASSIFICATION STATUS. An employee on temporary assignment away from Fort ▇▇▇▇▇▇ will not be affected by any change in classification status, under Sections 4.7 or 35.1, until his return to Fort ▇▇▇▇▇▇ or until after 90 days whichever is sooner. Changes under Sections 35.7, 35.8, 35.9, 35.10 or 35.11 will be effective upon return to Fort ▇▇▇▇▇▇. For employees on TDY assignment who are laid off under Section 4.7, such layoff will become effective upon their return to Ft. ▇▇▇▇▇▇ or within five (5) calendar days whichever is sooner, if a replacement is required.
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CLASSIFICATION STATUS. The Buyer and EIAC shall have received a certificate issued by the Classification Society of each Vessel dated as of the Closing Date stating that such Vessel maintains its class free of overdue recommendations affecting class.
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Related to CLASSIFICATION STATUS

  • Organization Status The Dealer Manager is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, with all requisite power and authority to enter into this Agreement and to carry out its obligations hereunder.

  • S Corporation Status The Company and Seller shall not revoke the Company’s election to be taxed as an S corporation within the meaning of Code § 1361 and § 1362. The Company and Sellers shall not take or allow any action that would result in the termination of the Company’s status as a validly electing S corporation within the meaning of Code § 1361 and § 1362.

  • Certification Status The Engineer certifies that it is not: 1. a person required to register as a lobbyist under Chapter 305, Government Code; 2. a public relations firm; or 3. a government consultant.

  • Foreign Status If the Authorized Participant is offering and selling Shares in jurisdictions outside the several states, territories and possessions of the United States and is not otherwise required to be registered, qualified, or a member of FINRA as set forth in the preceding paragraph, the Authorized Participant nevertheless agrees to observe the applicable laws of the jurisdiction in which such offer and/or sale is made and to conduct its business in accordance with the FINRA Conduct Rules, to the extent the foregoing relates to the Authorized Participant’s transactions in, and activities with respect to, Shares.

  • Shell Status The Company represents that it is not a “shell” issuer and has never been a “shell” issuer, or that if it previously has been a “shell” issuer, that at least twelve (12) months have passed since the Company has reported Form 10 type information indicating that it is no longer a “shell” issuer. Further, the Company will instruct its counsel to either (i) write a 144- 3(a)(9) opinion to allow for salability of the Conversion Shares or (ii) accept such opinion from Holder’s counsel.