Organisational Status Sample Clauses

Organisational Status. 3.1 The College is a legal entity in its own right, employing its own staff and operating at arm’s-length from the Department. As a legal entity it must comply with all associated legislation related to its employer status.
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Organisational Status. 3.1 The HIARB is a distinct Body Corporate and operates at arm’s-length from XXX as set out at paragraph 1 Schedule 1 of the Act. Section 19 (1)(a)(vi), of the Interpretation Act (Northern Ireland) 1954 has been dis-applied. Therefore the HIARB does not have the right to employ such staff as may be found necessary for the performance of its functions.
Organisational Status. Lessor is a company created and validly existing under the laws of Sweden, and has the organisational power and authority to carry on its business as presently conducted and to perform its obligations under this Agreement and each other Transaction Document to which it is a party.
Organisational Status. 3.1 The VPB is a distinct Body Corporate as set out in Paragraph 1(1) of Schedule 1 to the Regulations and operates at arm’s-length from TEO. The provision of Section 19 (1)(a)(iv) of the Interpretation Act (Northern Ireland) 1954 (the right to acquire and hold any real or personal property for purposes for which the corporation is constituted and to dispose of or charge such property at pleasure); and the provision of Section 19 (1)(a)(vi), of the Interpretation Act (Northern Ireland) 1954, (the right to employ such staff as may be found necessary for the performance of its functions) have been dis-applied.
Organisational Status. 3.1 TNI is a legal entity in its own right, employing its own staff and operating at arm’s-length from the Department. As a legal entity it must comply with all associated legislation including legislation relating to its employer status.

Related to Organisational Status

  • Legal Status Borrower is a corporation, duly organized and existing and in good standing under the laws of Delaware, and is qualified or licensed to do business (and is in good standing as a foreign corporation, if applicable) in all jurisdictions in which such qualification or licensing is required or in which the failure to so qualify or to be so licensed could have a material adverse effect on Borrower.

  • Financial Status The average annual turnover from similar jobs, of the firm should not be less than 15 Lakhs in the last three years. Copies of profit & loss account and balance sheets duly authenticate by a Chartered Accountant for the last three years should be enclosed.

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