Authorized Law Firm definition

Authorized Law Firm means an independent law firm representing the Company which, as of the date in question, either (i) has at least 20 licensed attorneys as partners or employees of the firm or (ii) has (and has represented to the Investor in writing that it has) a liability insurance policy from an insurance carrier with a financial rating of at least “A+” from Dun & Bradstreet, Standard & Poor's, Moody's or Xxxxx Ratings services, covering the firm and the Investor for any liability the Investor may incur for misstatements or omissions in the Prospectus or otherwise related to the attorney’s issuance of the Commitment Opinion, Put Opinions and Registration Opinions, having no exclusions for any such coverage, and having policy limits equal to at least 100% of the Covered Put Amount, where the “Covered Put Amount” equals the sum of (x) total Put Dollar Amount of Put Shares that have been purchased by the Investor in all Puts through the date in question, plus (y) the Maximum Put Dollar Amount for the uncompleted Put for which the Put Opinion and Registration Opinion in question are being issued (an “Authorized Legal Liability Policy”).
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Authorized Law Firm means an independent law firm representing the Company which, as of the date in question, has either (a) at least 20 attorneys as partners or employees of the firm or (b) has (and has represented to the Investor in writing that it has) a liability insurance policy covering any liability the Investor may incur for misstatements or omissions in the Prospectus or otherwise related to the attorney’s issuance of the Put Opinions and Registration Opinions, having no exclusion for such coverage, and having policy limits equal to at least X% of the sum of (x) total Put Dollar Amount of Put Shares that have been purchased by the Investor in all Puts through the date in question, plus (y) the Maximum Put Dollar Amount for the uncompleted Put for which the Put Opinion and Registration Opinion in question are being issued (the sum of “x” and “y” immediately above being referred to as the “Covered Put Amount”), where “X%” equals 100% when the Covered Put Amount at the time of issuance of the opinion of counsel in question equals $2,000,000 or less and equals 150% when the Covered Put Amount at the time of issuance of the opinion of counsel in question exceeds $2,000,000 (an “Authorized Legal Liability Policy”).
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Authorized Law Firm means an independent law firm representing the Company which, as of the date in question, has (and has represented to the Investor in writing that it has) a liability insurance policy from an insurance carrier with a financial rating of at least “A+” from Dun & Bradstreet, Standard & Poor's, Moody's or Xxxxx Ratings services, covering the firm and the Investor for any liability the Investor may incur for misstatements or omissions in the Prospectus or otherwise related to the attorney’s issuance of the Commitment Opinion, Put Opinions and Registration Opinions, having no exclusions for any such coverage, and having policy limits equal to at least 150% of the Covered Put Amount, where the “Covered Put Amount” equals the sum of (x) total Put Dollar Amount of Put Shares that have been purchased by the Investor in all Puts through the date in question, plus (y) the Maximum Put Dollar Amount for the uncompleted Put for which the Put Opinion and Registration Opinion in question are being issued (an “Authorized Legal Liability Policy”). Anytime that the Covered Put Amount exceeds $5,000,000 then, in addition to the above insurance requirements, a law firm must also have at least 20 attorneys as partners or employees of the firm in order to be an “Authorized Law Firm.”
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Examples of Authorized Law Firm in a sentence

  • Upon request by the Investor, the Company shall provide, or cause its Authorized Law Firm and Authorized Auditor to provide, a copy of their respective liability insurance policies.

  • Extension to the Temporary Policy Changes Regarding Documentation Executed by Authorized Law Firm Signatories (posted (December 21, 2021);o.

  • Notice of Temporary Policy Changes Regarding Documentation Executed by Authorized Law Firm Signatories (posted September 1, 2021);m.

  • Extension to the Temporary Policy Changes Regarding Documentation Executed by Authorized Law Firm Signatories (posted January 13, 2022);r.


More Definitions of Authorized Law Firm

Authorized Law Firm means an independent law firm representing the Company which, as of the date in question, either (i) has at least 20 licensed attorneys as partners or employees of the firm or (ii) has (and has represented to the Investor in writing that it has) a liability insurance policy from an insurance carrier with a financial rating of at least “A+” from either Dun & Bradstreet, Standard & Poor's, Moody's or Xxxxx Ratings services, covering the firm for its malpractice liability and for issues related to the attorney’s issuance of the Commitment Opinion, Put Opinions and Registration Opinions, having no exclusions for any such coverage, and having policy limits equal to at least 100% of the Covered Put Amount, where the “Covered Put Amount” equals the sum of (x) total Put Dollar Amount of Put Shares that have been purchased by the Investor in all of the Puts through the date in question, plus (y) the Maximum Put Dollar Amount for the uncompleted Put for which the Put Opinion and Registration Opinion in question are being issued (an “Authorized Legal Liability Policy”).
Sample 1Sample 2
Authorized Law Firm means an independent law firm representing the Company which, as of the date in question, either (i) has at least 20 attorneys or (ii) has (and has represented to the Investor in writing that it has) a liability insurance policy covering any liability the Investor may incur for misstatements or omissions in the Prospectus or otherwise related to the attorney’s issuance of the Put Opinions and Registration Opinions, and having policy limits of (i) at least $1 million per occurrence and (ii) an amount, in the aggregate, equal to at least the total Put Dollar Amount of Put Shares that have been purchased by the Investor in all Puts through the date in question, plus the Maximum Put Dollar Amount for the uncompleted Put for which the Put Opinion and Registration Opinion in question is being issued.
Sample 1
Authorized Law Firm means an independent law firm representing the Company which, as of the date in question, either (a) has at least 20 attorneys as partners or employees of the firm or (b) has (and has represented to the Investor in writing that it has) a liability insurance policy covering any liability the Investor may incur for misstatements or omissions in the Prospectus or otherwise related to the attorney’s issuance of the Put Opinions and Registration Opinions, having no exclusions for such coverage, and having (i) policy limits of at least $300,000 per occurrence and (ii) aggregate policy limits equal to at least 200% of the sum of (x) total Put Dollar Amount of Put Shares that have been purchased by the Investor in all Puts through the date in question, plus (y) the Maximum Put Dollar Amount for the uncompleted Put for which the Put Opinion and Registration Opinion in question are being issued, provided that such aggregate policy limits shall not be required to exceed the Maximum Offering Amount plus $2,000,000 (an “Authorized Legal Liability Policy”).
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Related to Authorized Law Firm

  • authorized LEA representative means a LEA administrator designated to be responsible for nonpublic school/agencies. It is understood, a representative of the Special Education Plan Local Area (SELPA) of which the LEA is a member is an authorized LEA representative in collaboration with the LEA. The LEA maintains sole responsibility for the contract, unless otherwise specified in the contract.

  • Authorized inspector means inspectors employed by the authorities responsible for boarding and inspection included in the Commission register and authorized to conduct boarding and inspection activities pursuant to these procedures;

  • Authorized Driver means any of the following:

  • Authorized entity means a nonprofit organization or a governmental agency that has a primary mission to provide specialized services relating to training, education, or adaptive reading or information access needs of blind or other persons with disabilities;

  • Authorized nuclear pharmacist means a pharmacist who:

  • Authorized Issuer Representative means any person at the time designated to act on behalf of the Issuer by a written certificate furnished to the Company and the Trustee containing the specimen signature of such person and signed on behalf of the Issuer by its Chairman. Such certificate may designate an alternate or alternates.

  • Law firm means both of the following:

  • Authorized City Representative means the Mayor, City Manager or Director of Finance of the City, or such other Person at the time designated to act on behalf of the City as evidenced by written certificate furnished to the Trustee containing the specimen signature of such Person and signed on behalf of the City by its Mayor. Such certificate may designate an alternate or alternates, each of whom shall be entitled to perform all duties of the Authorized City Representative.

  • Alternative modes of instruction means modes of pupil instruction, other than in-person instruction, that may include, without limitation, partnerships with other districts or intermediate districts or community colleges or institutions of higher education, use of vendors, use of online learning, telephone communications, email, virtual instruction, videos, slideshows, project-based learning, use of instructional packets, or a hybrid of multiple modes of learning that still promote recommended practices for social distancing to mitigate the spread of COVID-CD.

  • Authorized Broker means those Brokers which are authorized to deal in Government Securities.

  • Authorized Company Representative means any person who, at the time, shall have been designated to act on behalf of the Company by a written certificate furnished to the Issuer, the Remarketing Agent and the Trustee containing the specimen signature of such person and signed on behalf of the Company by any officer of the Company. Such certificate may designate an alternate or alternates.

  • Authorized User means one named employee, contractor or agent of Customer (each identified by a unique email address) for whom Customer has purchased a subscription to the Subscription Services and who is authorized by Customer to access and use the Services under the rights granted to Customer pursuant to this Agreement.

  • Authorized pharmacist means an Iowa-licensed pharmacist whose license is in good standing and who meets the drug therapy management criteria defined in this rule.

  • Recertification means the process by which a client’s eligibility to continue to receive child care assistance benefits are determined.

  • Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, as described in Section 5(f) hereof and Appendix 4 hereto (and as such Appendix may be amended from time to time by written agreement of the parties).

  • Authorized Instructions shall have the meaning set forth in Section 1.5.

  • Certified laboratory means a laboratory that is on an approved list issued by us.

  • Applicable Authorized Representative means, with respect to any Shared Collateral, (i) until the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Administrative Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Major Non-Controlling Authorized Representative.

  • Authorized prescriber means a physician, dentist, advanced practice registered nurse or physician assistant;

  • Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.

  • Authorized insurer means, in the case of an interstate motor carrier whose operations may or may

  • Authorized By s/Xxxxxxx X. Xxxxx ACCEPTED: ___/s/Xxx O’Donnell_______ Fund Officer State Street Vice President Authorization Matrix Explanation of Fields Client: Indicate the name of the Client and the Fund name or if multiple funds, attach a list of fund names Primary Source: Indicate the primary source for prices for the security type. If an Investment Manager is a pricing source, please specify explicitly.

  • Authorized Claimant means any Class Member whose claim for recovery has been allowed pursuant to the terms of the Stipulation.

  • Authorized Amount means $ , the maximum principal amount of the Funding Loan under this Funding Loan Agreement.

  • Expiry Date (Data di Scadenza) means the "Expiry Date" as specified in § 1 of the Product and Underlying Data.

  • Authorized Persons means Contractor’s employees, officers, partners, Subcontractors or other agents of Contractor who need to access State Data to enable Contractor to perform its responsibilities under Contract.