Commercial Entity Sample Clauses

Commercial Entity. Each Party acknowledges that it is a separate legal entity distinct from its ultimate shareholders and/or the executive organs of the government of any state and is capable of suing and being sued. The entry by each Party into this Agreement constitutes, and the exercise by each Party of its respective rights and performance of its respective obligations hereunder will constitute, private and commercial acts performed for private and commercial purposes that shall not be deemed as being entered into in the exercise of any public function.
Sample 1
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Commercial Entity. A commercial entity is an individual, company, or organization which demonstrate s (typically via but not limited to a website) that it is in business to turn a profit of any kind; be it monetary, from direct sales or rental fees, advertisin g profit, or through the privileged use of intangible goods and services. Example of a Commercial Entity: A hosting company or organization which charges a monthly fee for the use of a T eamSpeak server OR a hosting company or organization which does NOT charge a mon thly fee for the use of a TeamSpeak server but earns substantial profit from adv ertising, or from other products or services of any kind. Example of a Commercial Entity profiting from advertising: An organization advertising for products or services offered by a hosting compan y in exchange for the use of a TeamSpeak server means the hosting company will b e considered to be a commercial entity, even if they choose not to charge anythi ng at all for the use of any of their TeamSpeak servers. This situation is comm only referred to as a clan or guild "sponsorship". Example of a Commercial Entity profiting from intangible goods: A "payment" is made to an individual or hosting company using virtual currency ( gold, etc.) within a popular massively multiplayer online game (MMOG) in exchang e for the use of a TeamSpeak server means the individual or hosting company will be considered to be a commercial entity.
Sample 1
Commercial Entity. A commercial entity is an individual, company, or organization which demonstrates (typically via but not limited to a website) that it is in business to turn a profit of any kind; be it monetary, from direct sales or rental fees, advertising profit, or through the privileged use of intangible goods and services. Example of a Commercial Entity: A hosting company or organization which charges a monthly fee for the use of a server running XXXX OR a hosting company or organization which does NOT charge a monthly fee for the use of a server running XXXX but earns substantial profit from advertising, or from other products or services of any kind. Example of a Commercial Entity profiting from advertising: An organization advertising for products or services offered by a hosting company in exchange for the use of a server running XXXX means the hosting company will be considered to be a commercial entity, even if they choose not to charge anything at all for the use of any of their servers running XXXX. This situation is commonly referred to as a clan or guild "sponsorship". Example of a Commercial Entity profiting from intangible goods: A "payment" is made to an individual or hosting company using virtual currency (gold, etc.) within a popular massively multiplayer online game (MMOG) in exchange for the use of a server running XXXX means the individual or hosting company will be considered to be a commercial entity.
Sample 1
Commercial Entity. A (i) for-profit entity or a (ii) non-profit entity acting in a capacity of providing a service for commercial gain.
Sample 1

Related to Commercial Entity

  • Commercial Activities Neither Contractor nor its employees shall establish any commercial activity or issue concessions or permits of any kind to Third Parties for establishing commercial activities on the Site or any other lands owned or controlled by Owner.

  • Professional Organizations During the Term, Executive shall be reimbursed by the Company for the annual dues payable for membership in professional societies associated with subject matter related to the Company's interests. New memberships for which reimbursement will be sought shall be approved by the Company in advance.

  • Joint Ownership 10 Annuitant............................................................... 10

  • AUTHORITY; OWNERSHIP Such Stockholder has the full legal right, power and authority to enter into this Agreement. Such Stockholder owns beneficially and of record all of the shares of the Company Stock identified on Annex II as being owned by such Stockholder, and, except as set forth on Schedule 5.30, such Company Stock is owned free and clear of all liens, security interests, pledges, voting agreements, voting trusts, contractual restrictions on transfer, encumbrances and claims of every kind.

  • Non-Jurisdictional Entities LIPA and NYPA do not waive their exemptions, pursuant to Section 201(f) of the FPA, from Commission jurisdiction with respect to the Commission’s exercise of the FPA’s general ratemaking authority.

  • Entity If the Subscriber is a corporation, company, trust, employee benefit plan, individual retirement account, Xxxxx Plan, or other tax-exempt entity, it is authorized and qualified to become an investor in the Company and the person signing this Agreement on behalf of such entity has been duly authorized by such entity to do so.

  • Governmental Entity “Governmental Entity” shall mean any federal, state, local or foreign court, arbitral tribunal, administrative agency or commission or other governmental or regulatory authority or administrative agency.

  • International Olympic Committee; International Red Cross and Red Crescent Movement As instructed from time to time by ICANN, the names (including their IDN variants, where applicable) relating to the International Olympic Committee, International Red Cross and Red Crescent Movement listed at xxxx://xxx.xxxxx.xxx/en/resources/registries/reserved shall be withheld from registration or allocated to Registry Operator at the second level within the TLD. Additional International Olympic Committee, International Red Cross and Red Crescent Movement names (including their IDN variants) may be added to the list upon ten (10) calendar days notice from ICANN to Registry Operator. Such names may not be activated in the DNS, and may not be released for registration to any person or entity other than Registry Operator. Upon conclusion of Registry Operator’s designation as operator of the registry for the TLD, all such names withheld from registration or allocated to Registry Operator shall be transferred as specified by ICANN. Registry Operator may self-­‐allocate and renew such names without use of an ICANN accredited registrar, which will not be considered Transactions for purposes of Section 6.1 of the Agreement.

  • International or National Shopping Goods estimated to cost less than $30,000 equivalent per contract may be procured under contracts awarded on the basis of international or national shopping procedures in accordance with the provisions of paragraphs 3.5 and 3.6 of the Guidelines.

  • Statewide HUB Program Statewide Procurement Division Note: In order for State agencies and institutions of higher education (universities) to be credited for utilizing this business as a HUB, they must award payment under the Certificate/VID Number identified above. Agencies, universities and prime contractors are encouraged to verify the company’s HUB certification prior to issuing a notice of award by accessing the Internet (xxxxx://xxxxx.xxx.xxxxx.xx.xx/tpasscmblsearch/index.jsp) or by contacting the HUB Program at 000-000-0000 or toll-free in Texas at 0-000-000-0000.

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