Business Concern Clause Samples
The 'Business Concern' clause defines the specific business entity or entities that are party to the agreement and clarifies their roles and responsibilities within the contract. This clause typically identifies the legal name, structure (such as corporation, partnership, or sole proprietorship), and sometimes the jurisdiction of the business involved. By clearly specifying which business is bound by the contract, the clause helps prevent confusion or disputes about obligations and ensures that the correct entity is held accountable, thereby promoting legal clarity and enforceability.
Business Concern. A business concern meeting at least one of the following criteria, documented within the past six-month period: * 51% or more owned by low- or very low-income persons; or * 75% or more labor hours performed for the business over the prior three-month period are performed by Section 3 workers; or * 51% or more owned by current residents of public housing or Section 8 assisted housing.
Business Concern. Please provide the required documentation as needed to the City of ▇▇▇▇▇▇▇▇.
Business Concern. A business that is 51% or more owned by Section residents, or 2. A business whose permanent full time work force at least 30% are Section 3 residents or,
Business Concern. Self-Certification
Business Concern. The Company is a "small business concern" as defined in Section 121.802 of Title 13 of the Code of Federal Regulations.
Business Concern. Resident Business Owner(s) Verification Attachment E - Option 2 SECTION 3 BUSINESS CONCERN 30% + Workforce