Common use of Newly Formed Entity Clause in Contracts

Newly Formed Entity. If Proposer is a newly formed entity and does not have independent financial statements, financial statements for the Equity Members and any required guarantors shall be provided (and Proposer shall expressly state that Proposer is a newly formed entity and does not have independent financial statements).

Appears in 13 contracts

Sources: Design Build Agreement, Capital Maintenance Agreement, Development Agreement

Newly Formed Entity. If the Proposer is a newly formed entity and does not have independent financial statements, financial statements for the Equity Members and any required guarantors shall be provided (and the Proposer shall expressly state that the Proposer is a newly formed entity and does not have independent financial statements).

Appears in 1 contract

Sources: Public Private Partnership Agreement

Newly Formed Entity. If the Proposer is a newly formed entity and does not have independent financial statements, financial statements for the Equity Members and any required guarantors equity owners shall be provided (and the Proposer shall expressly state that the Proposer is a newly formed entity and does not have independent financial statements).

Appears in 1 contract

Sources: Public Private Partnership Agreement