GREC definition
Examples of GREC in a sentence
Notwithstanding any provision to the contrary contained herein, persons/firms who are not licensed by the Georgia Real Estate Commission (“GREC”) to sell real estate shall not be permitted to purchase or use these Forms except with the express prior written approval of GAR, except that: (a) GREC approved schools may purchase and use the Forms provided that such schools superimpose as a watermark in conspicuous letters on each page of the Forms the phrase “FOR TRAINING ONLY”.
Subject to applicable provisions in the Agreement, nothing contained in this Section 11.2 shall limit the authority of the Board of Directors to take such other action as it deems necessary or advisable to protect the Company and the interests of its Members in avoiding GREC being classified as a Closely Held C Corporation .
Any person transporting a firearm or other weapon onto GREC property— knowingly, by accident, or through ignorance of the policy—is subject to immediate arrest.
Subject to applicable provisions in the Agreement, nothing contained in this Section 11.2 shall limit the authority of the Board of Directors to take such other action as it deems necessary or advisable to protect the Company and the interests of its Members in avoiding GREC being classified as a Closely Held C Corporation.
Notwithstanding any provision to the contrary contained herein, persons/firms who are not licensed by the Georgia Real Estate Commission (“GREC”) to sell real estate shall not be permitted to purchase or use these Forms except with the express prior written approval of GAR, except that GREC approved schools may purchase and use the 2021 GAR Training Forms that have been superimposed with the watermark “FOR TRAINING ONLY”.
Subject to Section 5.d, GREC shall pay BRM within thirty (30) days of receipt of any such invoice.
A copy of such delegation shall be maintained by Employing Broker for inspection, upon request, by any authorized GREC representative.
The obligations of GREC LLC set forth in the Certificate of Designation with respect to the Earnout Shares are incorporated by reference into this Agreement.
Following the execution, delivery, and performance by GREC Corp and GREC LLC of this Agreement, including the issuance and sale by GREC Corp to GREC LLC of the GREC Corp Common Stock hereunder, the capitalization of GREC Corp will be as set forth in the attached Capitalization Schedule.
BRM agrees in favor of ▇▇▇▇▇▇ that, upon notice by ▇▇▇▇▇▇ to BRM that Lender (or its designee or assignee) has succeeded to the rights of GREC under this Agreement, Lender (or its designee or assignee) shall be entitled, in the place of GREC, to exercise all rights of GREC under this Agreement.