Common use of Newly Formed/Not Yet Formed Entity Clause in Contracts

Newly Formed/Not Yet Formed Entity. If the Proposer is a newly formed entity or has not yet formed a legal entity and does not have independent financial statements, financial statements for the Equity Members shall be provided (and the Proposer shall expressly state that the Proposer is a newly formed entity or not yet formed entity, as applicable, and does not have independent financial statements).

Appears in 10 contracts

Sources: Public Private Partnership Agreement, Public Private Partnership Agreement, Public Private Partnership Agreement