SHORT FUSE definition

SHORT FUSE. POST-ORGANIZATION FILINGS ARE SOLE RESPONSIBILITY AND EXPENSE OF CLIENT
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SHORT FUSE. POST-ORGANIZATION FILINGS ARE SOLE RESPONSIBILITY AND EXPENSE OF CLIENT Certain states have post-organization filings that are due to the Secretary of State very soon after the entity is filed. Examples of such “short-fuse” filing states include, without limitation: NV (last day of the first month following the date for the Initial List of Officers/Directors; $150 filing fee, $125 late penalty. You may be required to obtain business license to complete the Initial Report, and the State of Nevada business license fee is $500. There is an additional late fee of $100 for failing to timely file for a Business License); NM (30 days for corporate Initial Report; $25 filing fee, $200 late penalty); WA (120 days for Initial Annual Report; $10 filing fee, $25 late fee); CA (90 days for Statement of Information; $25 filing fee, $250 penalty fee); NJ (60 days for NJ Business Registration; $125 filing fee); AL (2 ½ months for Initial AL Business Privilege Tax; $50 minimum penalty). Listed fees and penalties are subject to revision. All such short-fuse filings, related filing fees, and penalties are Client’s sole expense and responsibility, and are not included in the Agreed Fee which Client has paid to GFG.
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Related to SHORT FUSE

  • Offering shall have the meaning ascribed to such term in Section 2.1(c).

  • Short-List means the list of Persons that the Department determines are the best highly qualified potential Design-Builders for the Project, based on an evaluation of the SOQs submitted by such Persons.

  • Short Sales means all “short sales” as defined in Rule 200 of Regulation SHO under the Exchange Act (but shall not be deemed to include the location and/or reservation of borrowable shares of Common Stock).

  • Short-Sale Loss means the loss resulting from the Assuming Institution’s agreement with the mortgagor to accept a payoff in an amount less than the balance due on the loan (including the costs of any cash incentives to borrower to agree to such sale or to maintain the property pending such sale), further provided, that each Short-Sale Loss shall be calculated in accordance with the form and methodology specified in Exhibits 2b(1)-(3).

  • Short-term acute care facility means a facility or Hospital that provides care to people with medical needs requiring short-term Hospital stay in an acute or critical setting such as for recovery following a surgery, care following sudden Sickness, Injury, or flare-up of a chronic Sickness.