True Clause Samples
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True. Source documentation does not have to be stored in the CDBG project files if it is readily available to be reviewed by the grantee, HUD, or other authorized representatives. In general, however, subrecipients will find that it is more efficient in the long run to maintain as much project information as possible in files specifically dedicated to their CDBG activities.
True. Although the Federal Government reserves a copyright license on such work, it is a
True. When there is no partnership deed then the provisions of the Indian Partnership Act are to be applied for settling the dispute. Interest on loan is payable @ 6% p.a. as per Indian Partnership Act
True. An honest salesperson would never rush you to sign anything without giving you time to review what you are signing.
True. Profit sharing can be different from the that of the capital introduced by each of the partner. Not necessary that partner contributing more capital should have a higher profit sharing ratio and vice versa.
True. Yes as per the provisions of the law- it is necessary that the interest on loan at 6% per annum shall be paid to the concerned partner.
True. Concept of agency applies to every partner and the firm as well. So each partner is a principal to and agent of every other partner and to the firm.
True. Short Answer: Switching filters does not change the reconstruction con- ditions, only the filters. Furthermore, since the right-hand side of the conditions is not dependent on z, changing z → z−1 does not change the result.
True. A partnership firm is not a distinct legal entity and therefore can’t own any assets. The partners own the assets of the firm
True. False You are a representative of, or entity controlled by, any of the entities listed in items 1 through 3 above. Verification of Status as a Non-“U.S. Person” under Regulation S.
1. True False You are a partnership or corporation organized or incorporated under the laws of the United States.
2. True False You are an estate of which any executor or administrator is a U.S. Person. If the preceding sentence is true, but the executor or administrator who is a U.S. Person is a professional fiduciary and (i) there is another executor or administrator who is a non-U.S. Person who has shared or sole investment discretion with respect to the assets of the estate; and (ii) the estate is governed by foreign law, you may answer “False.”
3. True False You are a trust of which any trustee is a U.S. Person. If the preceding sentence is true, but the trustee who is a U.S. Person is a professional fiduciary and (i) there is another trustee who is a non-U.S. Person who has shared or sole investment discretion with respect to the trust assets; and (ii) no beneficiary of the trust is a U.S. Person, you may answer “False.”
4. True False You are an agency or branch of a foreign entity located in the United States.