Form of Business Entity Sample Clauses

Form of Business Entity. [ ] Corporation; [ ] Limited Liability Company; [ ] Partnership; [ ] Limited Partnership; [ ] Limited Liability Partnership; [ ] Sole Proprietorship; [ ] Other: ​ ​ ​ ​ Street Address: ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ , City: Austin , State, ZIP: TX ​ 78701 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mailing Address: ▇▇▇▇ ▇▇▇▇▇ ▇▇ STE 900 , City: DALLAS , State, ZIP: TX ​ 75201 ​ ​ ​ ​ ​ ​ ​ Primary Contact: ​ ​ Title: Owner ​ Time in Business: ​ ​ Federal Tax ID: ▇▇-▇▇▇▇▇▇▇ ​ ​ ​ ​ Purchase Price: $250,000.00 ​ Purchased Amount: $355,000.00 ​ Average Monthly Sales: $1,195,029.75 ​ Specified Percentage: % (Average Monthly Sales x Specified Percentage / Average Business Days in a Calendar Month) ​ ​ ​ Initial Weekly ​ Amount: $12,678.57 ​ Origination Fee: $7,500.00 (to be deducted from the Purchase Price) ​ ​ Payment will be withdrawn every Tuesday ​ ​ ​ Account for the Deposit of All Future Receipts: Bank: Texas Securities Bank Account No: ▇▇▇▇▇▇▇ ​ Effective, March 29, 2022 Seller, identified above, hereby sells, assigns and transfers to Advantage Platform Services Inc. d/b/a Advantage Capital Funding (“Buyer” or "Advantage Capital Funding" ) , located at ▇▇▇ ▇ ▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ without recourse, the Specified Percentage of the proceeds of each future sale made by Seller (collectively “Future Receipts”) until Seller has received the Purchased Amount. “Future Receipts” includes all payments made by cash, check, ACH or other electronic transfer, credit card, debit card, bank card, charge card (each such card shall be referred to herein as a “Payment Card”) or other form of monetary payment in the ordinary course of Seller’s business. As payment for the Purchased Amount, Buyer will deliver to Seller the Purchase Price, shown above, minus any Origination Fee shown above. Seller acknowledges that it has no right to repurchase the Purchased Amount from Buyer. Both parties agree that the obligation of Buyer under this Agreement will not be effective unless and until Buyer has completed its review of the Seller and has accepted this Agreement by delivering the Purchase Price, minus any Origination Fee. Prior to accepting this Agreement, Buyer may conduct a processing trial to confirm its access to the Account and the ability to withdraw the Initial Weekly Amount If the processing trial is not completed to the satisfaction of Buyer, Buyer will refund to Seller all funds that were obtained by Buyer during the processing trial. Agreement of Seller: By signing below Seller agrees to...
View SourceView Similar (2)
Form of Business Entity. The Applicant is a municipal corporation duly created and validly existing under the laws of the State of Connecticut. Further, the Applicant will preserve and maintain its existence as a municipal corporation, duly organized, validly existing, and in good standing under the laws of Connecticut.
View Source
Form of Business Entity. The Applicant is a <corporation / limited liability company / partnership / sole proprietor / trust> duly created and validly existing, or properly registered to do business, under the laws of the State of Connecticut <or other state> and each other jurisdiction where the ownership of its property or the conduct of its business requires qualification. Further, the Applicant will preserve and maintain its existence as a duly organized validly existing, and in good standing under the laws of Connecticut <or other state>, and will remain (or become) qualified to do business and in good standing in each other jurisdiction where the nature of its business or the ownership of its property makes such qualification necessary.
View Source
Form of Business Entity. [ ] Corporation; [ ] Limited Liability Company; [ ] Partnership; [ ] Limited Partnership; [ ] Limited Liability Partnership; [ ] Sole Proprietorship; [ ] Other: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Street Address: ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ , City: Austin , State, ZIP: TX ​ 78701 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mailing Address: ▇▇▇▇ ▇▇▇▇▇ ▇▇ STE 900 , City: DALLAIS , State, ZIP: TX ​ 75201 ​ ​ Primary Contact: ​ ​ Title: Owner ​ Time in Business: ​ ​ Federal Tax ID: ▇▇-▇▇▇▇▇▇▇ ​ Purchase Price: $500,000.00 ​ Purchased Amount: $710,000.00 ​ Average Monthly Sales: $3,300,083.10 ​ ​ ​ ​ ​ Specified Percentage: % (Average Monthly Sales x Specified Percentage / Average Business Days in a Calendar Month) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Initial Weekly ​ Amount: $25,357.14 ​ Origination Fee: $15,000.00 (To be deducted from the Purchase Price) ​
View Source

Related to Form of Business Entity

  • Type of Business Circle the number that best describes your business or organization. If none of the categories apply, circle number 20 and provide a brief description.

  • Management of Business (a) No Limited Partner or Assignee (other than the General Partner, any of its Affiliates or any officer, director, employee, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such) shall take part in the operation, management or control (within the meaning of the Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. (b) The transaction of any such business by the General Partner, any of its Affiliates or any officer, director, employee, partner, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such, shall not affect, impair or eliminate the limitations on the liability of the Limited Partners or Assignees under this Agreement.

  • Operation of Business Until the Closing, Sellers shall use commercially reasonable efforts, except as otherwise required, authorized or restricted pursuant to an Order of the Bankruptcy Court, to operate the Business in the Ordinary Course of Business. Sellers shall use commercially reasonable efforts to (A) preserve intact their respective business organizations, (B) maintain the Business, (C) keep available the services of their respective officers and employees, (D) maintain satisfactory relationships with licensors, licensees, suppliers, contractors, distributors, consultants, customers and others having business relationships with Sellers in connection with the operation of the Business and (E) pay all of their post-petition obligations in the Ordinary Course of Business. Sellers also shall continue to operate the websites that constitute the Purchased Assets in the Ordinary Course of Business until Closing. Without limiting the generality of the foregoing, and except (i) as otherwise expressly provided in or contemplated by this Agreement, or (ii) required, authorized or restricted pursuant to an Order of the Bankruptcy Court, on or prior to the Closing Date, Sellers may not, without the prior written consent of Buyer: (a) modify in any manner the compensation of any of the Employees, or accelerate the payment of any such compensation (other than in the Ordinary Course of Business or such that the liability associated with such modification is excluded from the Assumed Liabilities); (b) engage any new Employee other than in the Ordinary Course of Business; (c) sell, lease or otherwise dispose of, mortgage, hypothecate or otherwise encumber any Purchased Asset (other than in the Ordinary Course of Business); (d) fail to pay any required filing, processing or other fee, and use commercially reasonable efforts to maintain the validity of Sellers’ rights in, to or under any Purchased Intellectual Property; (e) fail to use commercially reasonable efforts to maintain all Permits of Sellers, including those used in the operation of the Business; (f) make any unusual or extraordinary efforts to collect any outstanding accounts receivable or intercompany obligation, liability or Indebtedness, give any discounts or concessions for early payment of such accounts receivable or intercompany obligation, liability or Indebtedness, other than the usual discounts given by the Business in the Ordinary Course of Business and make any sales of, or convey any interest in, any accounts receivable or intercompany obligation, liability or Indebtedness to any third party; (g) engage in any transaction with any Affiliate, subsidiary, shareholder, officer or director of any Seller (other than in the Ordinary Course of Business), incur or assume any long term or short term debt with or on behalf of any such Person or guarantee, endorse or otherwise be liable or responsible (whether directly, indirectly, contingently or otherwise) for the obligations of any such Person; (h) make any change in their method of accounting, except in accordance with GAAP; (i) enter into any Contract that would survive the Closing; and (j) agree, whether in writing or otherwise, to do any of the foregoing.

  • Terms of Business Capitalised terms used in this API Agreement have the meanings given to them in our Terms of Business, unless the context requires otherwise or unless separately defined in this API Agreement. The same rules of interpretation set out in our Terms of Business apply in this API Agreement. If there is any inconsistency between the provisions of the API Agreement and our Agreement, the Terms of Business will prevail unless the provision relates exclusively to your use of our API, in which case API Agreement will prevail. In all other circumstances.

  • Continuity of Business Enterprise The Target operates at least one significant historic business line, or owns at least a significant portion of its historic business assets, in each case within the meaning of Reg. Section 1.368-1(d).