Independently Owned and Operated definition

Independently Owned and Operated means a business concern that independently manages and controls the day-to-day operations of its own business through its ownership and management, without undue influence by an outside entity or person that may have an ownership and/or financial interest in the management responsibilities of the applicant business or small business.
Independently Owned and Operated means not more than fifty per
Independently Owned and Operated means a sole proprietorship, partnership or corporation which is not a subsidiary or another organization.

Examples of Independently Owned and Operated in a sentence

  • Ownership of an M/WBE firm may be by Individuals and/or by other businesses provided the ownership interests in the M/WBE firm can satisfy the M/WBE eligibility requirements for ownership and Control as specified herein in Section III.E.6. The M/WBE firm must also be Independently Owned and Operated in the sense that it cannot be the subsidiary of another firm that does not itself (and in combination with the certified M/WBE firm) satisfy the eligibility requirements for M/WBE Certification.

  • You must use the phrase "Each Office Independently Owned and Operated" (or a similar slogan which has been approved by ERA) in conspicuous lettering on all business cards and stationery, real estate listing and Transaction documents, advertising, ERA yard signs, purchase and sale documents, listing agreements, all other printed or recorded material you and your sales associates and employees use and in all other places required by state or local law or regulation.

  • Leave paid Each Zaxby's Restaurant is Independently Owned and Operated Under a License Agreement with Zaxby's Franchising LLC FRANCHISE.

  • All Properties; Hotels, Resorts, Inns, Residences, and Private Clubs are Independently Owned and Operated.


More Definitions of Independently Owned and Operated

Independently Owned and Operated means not more than fifty per cent of the ownership interest in the small manufacturing or small commercial printer business is held by another entity unless the final ownership of the entity is family owned or closely held.
Independently Owned and Operated means, with respect to a business, that the ownership interests, management, and operation of the business are not subject to control, restriction, modification, or limitation by a person with no formal role in the operation of the business. A business shall be rebuttably presumed not to be independently owned and operated if:
Independently Owned and Operated means, with respect to a business, that the
Independently Owned and Operated means a business is privately or publicly owned. This excludes governmental entities and government-owned entities.
Independently Owned and Operated means the facility is owned by individual private investors. The facility is not owned by a large corporation with indistinguishably numerous investors or have multiple subsidiaries each with its own brand name in its field of operation. (CGC Section 11342.610(a)(1))