Form of Business Organization Sample Clauses

The 'Form of Business Organization' clause defines the legal structure under which a business operates, such as a corporation, partnership, or limited liability company. This clause typically specifies the chosen entity type, the jurisdiction of formation, and may outline any requirements for maintaining that status, such as compliance with state laws or filing obligations. By clearly establishing the business's organizational form, this clause ensures all parties understand the legal framework governing their rights, responsibilities, and liabilities, thereby reducing ambiguity and potential disputes.
Form of Business Organization. 11 Upon the request of ADMINISTRATOR, CONTRACTOR shall prepare and 12 submit, within thirty (30) days thereafter, an affidavit executed by persons 13 satisfactory to ADMINISTRATOR containing, but not limited to, the following
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Form of Business Organization. Sage is nonprofit and is organized exclusively for charitable, educational and scientific purposes (see Articles of Incorporation Tab 1).
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Form of Business Organization. Contractor shall prepare and submit to DHS, Contracts and Grants Division, within ten (10) days following execution of this Agreement an affidavit, sworn to and executed by Contractor's duly constituted officers, containing the following information: A. The form of Contractor's business organization, i.e., proprietorship, partnership, or corporation. B. A detailed statement indicating whether Contractor is totally or substantially owned by another business organization. C. A detailed statement indicating whether Contractor totally or partially owns any other business organization that will be providing services, supplies, materials or equipment to Contractor or in any manner does business with Contractor under this Agreement. If during the term of this Agreement, the form of Contractor's business organization changes, or the ownership of Contractor changes, or Contractor's ownership of other businesses dealing with Contractor under this Agreement changes, Contractor shall promptly notify Director in writing detailing such changes.
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Form of Business Organization. 8 Upon the request of ADMINISTRATOR, CONTRACTOR shall prepare and 9 submit, within thirty (30) days thereafter, an affidavit executed by persons 10 satisfactory to ADMINISTRATOR containing, but not limited to, the following 11 information: 12 8.1.1 The form of CONTRACTOR's business organization, e.g., 13 proprietorship, partnership, corporation, etc. 14 8.1.2 A detailed statement indicating the relationship of 15 CONTRACTOR, by way of ownership or otherwise, to any parent organization or 16 individual. 17 8.1.3 A detailed statement indicating the relationship of 18 CONTRACTOR to any subsidiary business organization or to any individual who 19 may be providing services, supplies, material or equipment to CONTRACTOR or in 20 any manner does business with CONTRACTOR under this Agreement.
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Related to Form of Business Organization

  • Jurisdiction of Organization; Chief Executive Office Such Grantor’s jurisdiction of organization, legal name and organizational identification number, if any, and the location of such Grantor’s chief executive office or sole place of business, in each case as of the date hereof, is specified on Schedule 3 and such Schedule 3 also lists all jurisdictions of incorporation, legal names and locations of such Grantor’s chief executive office or sole place of business for the five years preceding the date hereof.

  • Organization of Company The Company, a corporation duly organized, validly existing and in good standing under the laws of the State of Illinois and the Company is legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

  • Principal Place of Business; State of Organization Borrower will not cause or permit any change to be made in its name, identity (including its trade name or names), place of organization or formation (as set forth in Section 4.1.36 hereof) or Borrower’s corporate or partnership or other structure unless Borrower shall have first notified Lender in writing of such change at least thirty (30) days prior to the effective date of such change, and shall have first taken all action required by Lender for the purpose of perfecting or protecting the lien and security interests of Lender pursuant to this Agreement, and the other Loan Documents and, in the case of a change in Borrower’s structure, without first obtaining the prior written consent of Lender, which consent may given or denied in Lender’s sole discretion. Upon Lender’s request, Borrower shall, at Borrower’s sole cost and expense, execute and deliver additional security agreements and other instruments which may be necessary to effectively evidence or perfect Lender’s security interest in the Property as a result of such change of principal place of business or place of organization. Borrower’s principal place of business and chief executive office, and the place where Borrower keeps its books and records, including recorded data of any kind or nature, regardless of the medium or recording, including software, writings, plans, specifications and schematics, has been for the preceding four months (or, if less, the entire period of the existence of Borrower) and will continue to be the address of Borrower set forth at the introductory paragraph of this Agreement (unless Borrower notifies Lender in writing at least thirty (30) days prior to the date of such change). Borrower shall promptly notify Lender of any change in its organizational identification number. If Borrower does not now have an organizational identification number and later obtains one, Borrower promptly shall notify Lender of such organizational identification number.

  • Due Incorporation and Organization The Adviser is duly organized and is in good standing under the laws of the State of Connecticut and is fully authorized to enter into this Agreement and carry out its duties and obligations hereunder.

  • Jurisdiction of Organization During the term of the Receivables, CNHICA will maintain its “location” (as defined in Section 9-307 of the UCC) in one of the States.