Broker Status Sample Clauses

Broker Status. Broker is a freight broker which arranges for third party motor carriers to provide cargo transportation for its customers, in accordance with its role as legally defined under 49 U.S.C. § 13102 Definitions (2), 49 C.F.R. §371.2 and 49 U.S.C. § 14501(c)(1).
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Broker Status. Seller is not a broker (including a bank acting in that capacity) or a securities intermediary.
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Broker Status. MLV covenants and agrees that it is duly registered as a broker-dealer under FINRA, the Exchange Act and the applicable statutes and regulations of each state in which the Shares will be offered and sold, except such states in which MLV is exempt from registration or such registration is not otherwise required. MLV shall continue, for the term of this Agreement, to be duly registered as a broker-dealer under FINRA, the Exchange Act and the applicable statutes and regulations of each state in which the Shares will be offered and sold, except such states in which MLV is exempt from registration or such registration is not otherwise required, during the term of this Agreement.
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Broker Status. Xxxxxxxxxx covenants and agrees that it is duly registered as a broker-dealer under FINRA, the Exchange Act and the applicable statutes and regulations of each state in which the Shares will be offered and sold, except such states in which Xxxxxxxxxx is exempt from registration or such registration is not otherwise required. Xxxxxxxxxx shall continue, for the term of this Agreement, to be duly registered as a broker-dealer under FINRA, the Exchange Act and the applicable statutes and regulations of each state in which the Shares will be offered and sold, except such states in which Xxxxxxxxxx is exempt from registration or such registration is not otherwise required, during the term of this Agreement.
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Broker Status. Broker is a freight broker which arranges for third party motor carriers to provide cargo transportation for its customers, in accordance with its role as legally defined under 49 U.S.C. § 13102 Definitions (2), 49 C.F.R. §371.2 and 49 U.S.C. § 14501(c)(1). 1.1 Carrier Status, Rights and Responsibility. Carrier will perform its Transportation Services for Broker as an independent contractor and will not for any purpose be the agent of Broker. Xxxxxxx has exclusive control and direction of the work Carrier performs pursuant to this Agreement. Xxxxxxx will not contract or take other action in Xxxxxx’s name without Xxxxxx’s prior written consent. Xxxxxxx shall indemnify, defend and hold Broker harmless therefrom. Carrier shall provide Broker with Xxxxxxx’s Federal Tax ID number and a copy of Carrier’s IRS Form W-9 prior to commencing any transportation or related services for Broker, under this Agreement. Xxxxxxx agrees that it is solely responsible for all management, governing, discipline, direction and control of its employees, owner/operators and equipment with respect to operating in compliance all applicable federal, state and local laws and regulations to ensure safe operation of Carrier’s vehicles, drivers and facilities. 1.2 No Right to Assert Lien or Delay Release of Cargo or Equipment. Carrier will not assert and hereby waives any lien on any cargo or equipment obtained by Carrier for the purpose of transporting in the normal course of business between Broker and Carrier and will not make and hereby waives any claim on cargo or equipment, and no lien will attach to any cargo or equipment, for failure of Broker or any other third party to pay Carrier for charges due to Carrier. If, notwithstanding this waiver, Carrier, its successor, assignee, anyone purporting to act on its behalf, or any third-party to which Carrier tenders cargo hereunder should attempt to assert any such lien or to delay any shipment due to a payment dispute or otherwise, Xxxxxxx will reimburse Broker for any costs incurred by Broker or its customer, including reasonable attorneys’ fees, in obtaining release of the lien and/or the delayed shipment. Waiver of Rights. Carrier shall, notwithstanding any other terms of this agreement, expressly waive all rights and remedies under Title 49 U.S.C., Subtitle IV, Part B to the extent they conflict with this Agreement.
Sample 1
Broker Status. Investor is not a broker-dealer registered with the SEC under the 1934 Act or an entity engaged in a business that would require it to be so registered.
Sample 1
Broker Status. BROKER is duly licensed as a transportation property broker with a property transportation authority number MC-462255, issued by the United States Department of Transportation ("USDOT") and has on file with the USDOT all information required by federal statutes or regulations. Attached to this Agreement is a copy of the BROKER'S license issued by USDOT.
Sample 1
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Related to Broker Status

  • Broker-Dealer Status (a) Are you a broker-dealer? (b) If “yes” to Section 3(a), did you receive your Registrable Securities as compensation for investment banking services to the Company? Note: If “no” to Section 3(b), the Commission’s staff has indicated that you should be identified as an underwriter in the Registration Statement. (c) Are you an affiliate of a broker-dealer? (d) If you are an affiliate of a broker-dealer, do you certify that you purchased the Registrable Securities in the ordinary course of business, and at the time of the purchase of the Registrable Securities to be resold, you had no agreements or understandings, directly or indirectly, with any person to distribute the Registrable Securities? Note: If “no” to Section 3(d), the Commission’s staff has indicated that you should be identified as an underwriter in the Registration Statement.

  • Purchaser Status At the time such Purchaser was offered the Securities, it was, and as of the date hereof it is, and on each date on which it exercises any Warrants, it will be an “accredited investor” as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7), (a)(8), (a)(9), (a)(12), or (a)(13) under the Securities Act.

  • Holder Status The Holder is an “accredited investor” as defined in Rule 501 under the Securities Act.

  • Shareholder Status The Holder shall not have rights as a shareholder of the Borrower with respect to unconverted portions of this Note. However, the Holder will have all the rights of a shareholder of the Borrower with respect to the shares of Common Stock to be received by Holder after delivery by the Holder of a Conversion Notice to the Borrower.

  • Statutory Underwriter Status The Investor acknowledges that it will be disclosed as an “underwriter” and a “selling stockholder” in each Registration Statement and in any Prospectus contained therein to the extent required by applicable law and to the extent the Prospectus is related to the resale of Registrable Securities.

  • Investment Adviser Status The Investment Adviser is duly registered and in good standing with the Commission as an investment adviser under the Advisers Act, and is not prohibited by the Advisers Act, the 1940 Act, the Rules and Regulations or the Advisers Act Rules and Regulations, from acting under the Investment Management Agreement as contemplated by the Registration Statement, each preliminary prospectus and the Prospectus.

  • Reporting Issuer Status As at the date hereof, the Corporation is a “reporting issuer” in each of the Qualifying Jurisdictions within the meaning of the Canadian Securities Laws in such jurisdictions and is not currently in default of any requirement of the Canadian Securities Laws of such jurisdictions and the Corporation is not included on a list of defaulting reporting issuers maintained by any of the Canadian Securities Commissions;

  • Investor Status At the time such Investor was offered the Shares, it was, and at the date hereof it is, an “accredited investor” as defined in Rule 501(a) under the Securities Act. Such Investor is not a registered broker-dealer under Section 15 of the Exchange Act.

  • DTC Status The Company’s transfer agent is a participant in, and the Common Stock is eligible for transfer pursuant to, the Depository Trust Company Automated Securities Transfer Program. The name, address, telephone number, fax number, contact person and email address of the Company transfer agent is set forth on Schedule 5(x) hereto.

  • Broker/Dealer Relationships Neither the Company nor any of the Subsidiaries (i) is required to register as a “broker” or “dealer” in accordance with the provisions of the Exchange Act or (ii) directly or indirectly through one or more intermediaries, controls or is a “person associated with a member” or “associated person of a member” (within the meaning set forth in the FINRA Manual).

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