Verified status Clause Samples

The 'Verified status' clause establishes the requirement for certain information, actions, or parties to be confirmed as accurate or compliant before proceeding. In practice, this may involve a party providing documentation, evidence, or third-party confirmation to demonstrate that specific conditions have been met, such as identity verification, completion of obligations, or compliance with regulations. The core function of this clause is to ensure reliability and trust in the transaction or relationship by preventing reliance on unverified or potentially false information.
Verified status a. To obtain verified status you must complete the following steps: 1) Set up Direct Debit and complete the Random Deposit Process (available to applicable customers); or 2) add a credit card and complete the Expanded Use Programme. b. PayPal may, from time to time, make available to you other methods or procedures for you to obtain “Verified” status. By highlighting a User as "Verified", PayPal onlyrepresents that the Verified user has completed the steps of the process to obtain the “Verified” status. Further to section 1.1 and byattributing Verified status to a user, PayPal neither guarantees, undertakes nor otherwise represents that a Verified user will complete a Commercial Transaction.
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Verified status a. To obtain verified status you must complete the following steps depending on your Account status: For UK customers 1) Set up Direct Debit and complete the Random Deposit Process; or 2) Be successfully approved for and activate PayPal Credit. 1) Set up Direct Debit; complete the Random Deposit Process; and provide supplemental business information; or 2) Be successfully approved for and activate PayPal Credit; and provide supplemental business information. For non PayPal localised European countries customers: add a credit card and complete the Link and Confirm Card process. b. By highlighting a user as “Verified” PayPal is only representing that the Verified user has completed the steps set out in section 2.3 (a). Further to section 1.1 and by attributing verified status to a user, PayPal is not guaranteeing, undertaking nor otherwise representing that a verified user will complete a commercial transaction.
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Verified status. 1. To obtain Verified status you must: add a credit card and complete the Link and Confirm Card process. 2. PayPal may, from time to time, make available to you other methods or procedures for you to obtain “Verified” status. By highlighting a User as “Verified” PayPal only represents that the Verified user has completed the steps of the process to obtain “Verified” status. Further to section 1.1 and by attributing Verified status to a user, PayPal neither guarantees, undertakes nor otherwise represents that a Verified user will complete a Commercial Transaction.
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Verified status a. To obtain Verified status you must complete the following steps depending on your Account status:
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Related to Verified status

  • Unfunded Status The obligations of the Company hereunder shall be contractual only. The Employee shall rely solely on the unsecured promise of the Company and nothing herein shall be construed to give the Employee or any other person or persons any right, title, interest or claim in or to any specific asset, fund, reserve, account or property of any kind whatsoever owned by the Company or any Affiliate.

  • Emerging Growth Status From the date of the Company’s formation through the date hereof, the Company has been and is an “emerging growth company,” as defined in Section 2(a) of the Act (an “Emerging Growth Company”).

  • Emerging Growth Company Status The Company shall promptly notify the Representative if the Company ceases to be an Emerging Growth Company at any time prior to the later of (i) completion of the distribution of the Public Securities within the meaning of the Securities Act and (ii) fifteen (15) days following the completion of the Lock-Up Period.

  • Partnership Status The parties intend to treat the Partnership as a partnership for U.S. federal income tax purposes.

  • Organizational Status The Borrower is validly organized and existing and in good standing under the laws of the state or jurisdiction of its incorporation or organization, is duly qualified to do business and is in good standing as a foreign entity in each jurisdiction where the nature of its business requires such qualification (except where the failure to be so qualified would not reasonably be expected to result in a Material Adverse Effect), and has full power and authority and holds all requisite governmental licenses, permits and other approvals to enter into and perform its obligations under this Agreement, to own and hold under lease its property and to conduct its business substantially as currently conducted by it.