Examples of Certified Entity in a sentence
The Charter and bylaws of the Company and each Certified Entity (if not the Company), copies of which have been provided to the Investor prior to the Signing Date, are true, complete and correct copies of such documents as in full force and effect as of the Signing Date and as of the Closing Date.
Each Certified Entity (A) is a regulated community development financial institution (a “ CDFI”) currently certified by the Fund of the United States Department of the Treasury pursuant to 12 C.F.R. 1805.201(a) as having satisfied the eligibility requirements of the Fund’s Community Development Financial Institutions Program and (B) satisfies the eligibility requirements for a CDFI set forth in 12 C.F.R. 1805.201(b)(1) – (6).
GOTS labelling can only be applied to the product/packaging by a Certified Entity and must have been approved by the Certified Entity's Approved Certifier in advance of its application.
If the Company is not a Certified Entity, the Company shall immediately transfer to its related Certified Entities, as capital contributions, any proceeds it receives in connection with the sale of Preferred Shares.
If the Company is not a Certified Entity, the Company shall immediately transfer to its related Certified Entities as capital contributions, any proceeds it receives in connection with the sale of the Senior Subordinated Securities.