Minority Ownership Sample Clauses

Minority Ownership. The Developer is entirely minority owned. The Sault Tribe is a Native American Indian Tribe. The Detroit-area residents are all African American. The Developer is also a Detroit-based business. The Sault Tribe has achieved virtually full employment for all Native Americans in key communities such as the City of Sault Ste. Xxxxx, Michigan. The Board of Directors of the Sault Tribe is made up of thirteen (13) Directors, all of whom are Native Americans and six (6) of whom are women. Gaming Licenses The Developer holds a gaming license for Greektown Casino, issued by the Michigan Gaming Control Board pursuant to the Michigan Gaming Control and Revenue Act. The Sault Tribe, pursuant to the Indian Gaming Regulatory Act, 25-U.S.C. 2701-2721, created the Sault Ste. Xxxxx Tribal Gaming Commission, which licenses and regulates the conduct of gaming con the Tribe’s reservation. All of the reservation gaming facilities are wholly owned and operated by the Tribe. The Tribal Gaming Commission has issued the following licenses for the following facilities on the dates shown. Gaming Facility Licenses: License Number Facility Name Date Issued I.G.R.A. Class GFLOO1 Vegas Kewadin 1/1/97 III GFL002 Kewadin Shores 1/1/97 III GFL003 Xxxxxx Casino 1/1/97 III GFL004 Manistique Casino 1/1/97 III GFL005 Christmas Casino 1/1/97 III GFL006 Sault Midjim 1/1/97 II GFL007 St. Ignace Midjim 1/1/97 II GFL008 Kewadin Bingo 1/1/97 II GFL009 Vegas Kewadin 1/1/97 II GFL010 Kewadin Shores 1/1/97 II GFL011 Manistique Casino 1/1/97 II GFL012 Christmas Casino 5/1/97 II GFL013 Xxxxxx Casino 5/30/97 II GFL014 Xxxxxx Casino 1/1/98 II GFL015 St. Ignace Casino 1/1/98 II GFL016 Manistique Casino 1/1/98 II GFL017 Christmas Casino 1/1/98 II GFL018 Sault Casino 1/1/98 II GFL019 Sault Casino 1/1/98 III GFL020 Christmas Casino 1/1/98 III GFL021 Manistique Casino 1/1/98 III GFL022 St. Ignace Casino 1/1/98 III GFL023 Xxxxxx Casino 1/1/98 III GFL024 Sault Casino 1/1/99 III GFL025 St. Ignace Casino 1/1/99 III GFL026 Manistique Casino 1/1/99 III GFL027 Xxxxxx Casino 1/1/99 III GLF028 Christmas Casino 1/1/99 III GFL029 Christmas Casino 1/1/99 II GFL030 Xxxxxx Casino 1/1/99 II GFL031 Manistique Casino 1/1/99 II License Number Facility Name Date Issued I.G.R.A. Class GFL032 St. Ignace Casino 1/1/99 II GFL033 Sault Casino 1/1/98 II GFL034 Sault Casino 1/1/00 II GFL035 Sault Casino 1/1/00 III GFL036 St. Ignace Casino 1/1/00 III GFL037 St. Ignace Casino 1/1/00 II GFL038 Xxxxxx Casino 1/1/00 II GFL039 Xxxxxx Casino 1/...
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Related to Minority Ownership

  • Equity Ownership All issued and outstanding Capital Securities of the Borrower and each of its Subsidiaries are duly authorized and validly issued, fully paid, non-assessable, and free and clear of all Liens other than those in favor of the Bank, if any. As of the date hereof, there are no pre-emptive or other outstanding rights, options, warrants, conversion rights or other similar agreements or understandings for the purchase or acquisition of any Capital Securities of the Borrower and each of its Subsidiaries.

  • 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.

  • Minority Business Enterprise The Recipient shall comply with the minority business requirements pursuant to Section 164.07(A) of the Revised Code and rule 164-1-32 of the Administrative Code when making direct purchases of equipment, materials or supplies.

  • Property Ownership The Fund owns or leases all such properties as are necessary to the conduct of its operations as presently conducted.

  • Company Ownership Company will own its respective right, title, and interest, including Intellectual Property Rights, in and to the Company Data. Company hereby grants BNYM a limited, nonexclusive, nontransferable license to access and use the Company Data, and consents to BNYM’s permitting access to, transferring and transmitting Company Data, all as appropriate to Company’s use of the Licensed Rights or as contemplated by the Documentation.

  • Management, Ownership The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

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

  • DISADVANTAGED BUSINESS ENTERPRISES In connection with the performance of this Agreement, the Municipality/Sponsor shall cause its contractors to cooperate with the State in meeting its commitments and goals with regard to the utilization of Disadvantaged Business Enterprises (DBEs) and will use its best efforts to ensure that DBEs will have opportunity to compete for subcontract work under this Agreement. Also, in this connection the Municipality or Municipality/Sponsor shall cause its contractors to undertake such actions as may be necessary to comply with 49 CFR Part 26. As a sub-recipient under 49 CFR Part 26.13, the Municipality/Sponsor hereby makes the following assurance. The Municipality/Sponsor shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of any United States Department of Transportation (USDOT)-assisted contract or in the administration of its Disadvantaged Business Enterprise (DBE) program or the requirements of 49 CFR Part 26. The Municipality/Sponsor shall take all necessary and reasonable steps under 49 CFR Part 26 to ensure nondiscrimination in the award and administration of the United States Department of Transportation-assisted contracts. The New York State Department of Transportation’s DBE program, as required by 49 CFR Part 26 and as approved by the United States Department of Transportation, is incorporated by reference in this agreement. Implementation of this program is a legal obligation and failure to carry out its terms shall be treated as a violation of this agreement. Upon notification to the recipient of its failure to carry out its approved program, the USDOT may impose sanctions as provided for under part 26 and may, in appropriate cases, refer the matter for enforcement under 18 U.S.C. 1001 and/or the Program Fraud Civil Remedies Act of 1986 (31 U.S.C. 3801 et seq.).

  • Certification as Small Contractor or Minority Business Enterprise This paragraph was intentionally left blank.

  • Disadvantaged Business Enterprise To the extent authorized by applicable federal laws, regulations, or requirements, the Recipient agrees to facilitate, and assures that each Third Party Participant will facilitate, participation by small business concerns owned and controlled by socially and economically disadvantaged individuals, also referred to as “Disadvantaged Business Enterprises” (DBEs), in the Underlying Agreement as follows:

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