CORPORATION OR PARTNERSHIP Sample Clauses

CORPORATION OR PARTNERSHIP. The term "corporation or partnership" as used herein to describe your business entity shall, if applicable, include reference to your formation as a limited liability company, limited liability partnership, or any other type of limited liability entity.
CORPORATION OR PARTNERSHIP. 18.3.1. If Licensee is a corporation, this Master License Agreement is to the corporation as it currently exists. Any dissolution, merger, consolidation, or other reorganization of Licensee, or the sale or other transfer of stock ownership of the corporation, voluntary, involuntary, or by operation of law, greater than ten percent (10%) shall be deemed a voluntary assignment of this Master License Agreement and, therefore, subject to the provisions of 21 of 33 this Master License Agreement as to voluntary assignment thereof, including that provision requiring Licensor's prior written consent. This paragraph shall not apply to corporations the stock of which is traded through an exchange.
CORPORATION OR PARTNERSHIP. If Tenant shall be a corporation or partnership, any transfer of voting stock or partnership interest resulting in the person(s) who, on the date of this Lease shall have owned a majority of such corporation's shares of voting stock or the general partners' interest in such partnership, as the case may be, ceasing to own a majority of such shares of voting stock or general partners' interest, as the case may be (except as the result of transfers by inheritance) shall be deemed to be an assignment of this Lease as to which Landlord's consent shall have been required, and in any such event Tenant shall so notify Landlord, except that this provision shall not be applicable to any corporation all the outstanding voting stock of which is listed on a national securities exchange (as defined in the Securities Exchange Act of 1934, as amended). For the purposes of this Section, the term "voting stock" shall refer to shares of stock regularly entitled to vote for the election of directors of the corporation. Notwithstanding the foregoing, Tenant may without Landlord's consent, assign this Lease or sublet the entire Demised Premises to any corporation which is a subsidiary or parent of Tenant or under common control with Tenant or to any corporation with which Tenant or its parent may be merged or consolidated or which purchases all or substantially all of the assets of Tenant or those of its parent, provided (i) the business, name and operation being conducted in the Demised Premises as well as the type and quality of merchandise in the Demised Premises shall remain unaffected and in the case of an assignment hereunder or a sale of all or substantially all of the assets of Tenant or those of its parent (ii) the transferee's net worth equals or exceeds the greater of (a) Tenant's net worth as of the date hereof and (b) Tenant's net worth on the date immediately preceding the date of the proposed sale or transfer, and (iii) the Guarantor, if any, shall affirm and ratify its guaranty in all respects.
CORPORATION OR PARTNERSHIP. 24 10.06 MISCELLANEOUS.................................... 25 ARTICLE XI DESTRUCTION...................................... 26 11.01 TOTAL OR PARTIAL DESTRUCTION..................... 26
CORPORATION OR PARTNERSHIP. If the Employer be or should become a corporation, this agreement affects all the workers in the Employer’s business whether such workers be stockholders or not, and all such workers are included in the term “ employee” as used in this agreement. Whether the Employer be an individual, or partnership, or a corporation, no one, however, con­ nected with the Employer, shall be permitted to work more than the weekly number of hours provided for the members of the Union. Whether the Employer be a corporation or partnership, only one per­ son having an ownership interest in the company shall be permitted to work in the manufacturing department of the Employer’s business, and such person must be designated by the Employer at the signing of the contract. Working foremen shall not be permitted to do manual work for longer hours of labor than those provided for employees work­ ing under their supervision. All employees shall be Union members regardless of whether they are blood relations of the Employer, and in the case of the Employer being a corporation, whether such employees are blood relations of any officer or officers of the Corporation.

Related to CORPORATION OR PARTNERSHIP

  • Formation of the Partnership The Partnership was formed as a limited partnership pursuant to the provisions of the Act and the Original Agreement and continued upon the terms and subject to the conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

  • Corporation, etc The Buyer is a corporation (other than a bank, savings and loan association or similar institution), Massachusetts or similar business trust, partnership, or charitable organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended.

  • Corporation A. For any Concessionaire that presents itself or represents itself as a corporation operating or doing business in the State of New Jersey, all papers of incorporation, including authorized agents for receipt of legal documents, shall be provided to Department, along with renewals, changes, or any other documents that in any way affect the current or future status of Concessionaire as a legal corporation.

  • Formation of Partnership The Managing GP, the Liquidation GP and the Limited Partner agreed to and formed a limited partnership pursuant to the laws of the Province of Ontario on October 5, 2007. The parties hereto have agreed to confirm their agreements relating to the Partnership on the terms and conditions set out in this Agreement. The Partnership will be effective as a limited partnership from October 5, 2007, the date on which the Declaration was filed in accordance with the LP Act, and the Partnership will file any documents necessary as a result of the amendments reflected in this Agreement.

  • Formation of Limited Partnership (a) The Partnership is formed as a limited partnership pursuant to the Certificate and this Agreement. The Partners agree that their rights, duties and liabilities will be as provided in the Delaware Act, except as otherwise provided in this Agreement. The General Partner will cause the Certificate to be executed and filed in accordance with the Delaware Act and will cause to be executed and filed with applicable governmental authorities any other instruments, documents and certificates that the General Partner concludes may from time to time be required by the laws of the United States of America, the State of Delaware or any other jurisdiction in which the General Partner determines that the Partnership should do business, or any political subdivision or agency of any such jurisdiction, or that the General Partner determines is necessary or appropriate to effectuate, implement and continue the valid existence and business of the Partnership.

  • Registered Office and Resident Agent The Registered Office and Resident Agent of the Company shall be as designated in the initial Articles of Organization/Certificate of Organization or any amendment thereof. The Registered Office and/or Resident Agent may be changed from time to time. Any such change shall be made in accordance with the Statutes, or, if different from the Statutes, in accordance with the provisions of this Agreement. If the Resident Agent shall ever resign, the Company shall promptly appoint a successor agent.

  • The Limited Liability Company The Members have created a limited liability company: ("Company") and formed on the date of in the State of Pennsylvania (“Governing Law”). The operations of the Company shall be governed by the laws located in the State of Governing Law and in accordance with this Agreement as follows:

  • Partnership We believe that by working with others who share our aspirations for young children, we can maximize every child’s readiness for kindergarten and success in life.

  • General Partnership Interest A number of Partnership Units held by the General Partner equal to one percent (1%) of all outstanding Partnership Units shall be deemed to be the General Partner Partnership Units and shall be the General Partnership Interest. All other Partnership Units held by the General Partner shall be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership.

  • Partnership and Limited Liability Company Interests Except as previously disclosed to the Administrative Agent, none of the Collateral consisting of an interest in a partnership or a limited liability company (i) is dealt in or traded on a securities exchange or in a securities market, (ii) by its terms expressly provides that it is a Security governed by Article 8 of the UCC, (iii) is an Investment Company Security, (iv) is held in a Securities Account or (v) constitutes a Security or a Financial Asset.