Crowdfunding. Borrower and each Borrower Principal will not permit direct or indirect ownership (or other economic) interests of 25% or more in Borrower or any Borrower Principal that have been marketed or sold to investors through any form of Crowdfunding.
Crowdfunding. Except as has been disclosed in writing to and approved in writing by Lender, no direct or indirect ownership (or other economic) interest of 25% or more in the aggregate in Borrower or any Borrower Principal has been marketed or sold to investors through any form of Crowdfunding.
Crowdfunding. Borrower will not permit any direct or indirect ownership interests in Borrower to be marketed or sold to investors through any form of Crowdfunding which constitutes either of the following:
(a) A Controlling Interest.
(b) An interest which may assume Control of Borrower under any terms of either Borrower’s organizational documents, or the organizational documents of any entity in Borrower’s ownership structure, regardless of whether the change in Control is the subject of a Permitted Transfer or a Conditionally Permitted Transfer.
Crowdfunding. Except as has been disclosed in writing to and approved in writing by Xxxxxx, there has been no direct or indirect interest in Borrower marketed or sold to investors through any form of Crowdfunding which constitutes either of the following:
(a) A Controlling Interest.
(b) An interest which may assume Control of Borrower under any terms of either Xxxxxxxx’s organizational documents, or the organizational documents of any entity in Borrower’s ownership structure, regardless of whether the change in Control is the subject of a Permitted Transfer or a Conditionally Permitted Transfer.
Crowdfunding. Gifts and Gratuities
Crowdfunding. 55 through 6.59 are Reserved 7.01 Permitted Transfers 7.02 Prohibited Transfers 7.03 Conditionally Permitted Transfers 7.04 Preapproved Intrafamily Transfers 7.05 Lender’s Consent to Prohibited Transfers 7.06 SPE Equity Owner Requirement Following Transfer 7.07 Additional Transfer Requirements - External Cap Agreement 7.08 Reserved 7.09 Reserved
Crowdfunding. Crowdfunding describes the practice of funding a project or venture by raising many small donations of money from a large number of people, typically via the Internet. It can be used to raise funds for a wide variety of projects initiated by faculty, staff and students at Xxxxxxx State University. Detailed information regarding CSU crowdfunding guidelines can be found at Crowdfunding Guidelines.
Crowdfunding. 19.1 Lenders may choose to invest into a specific Loan Application or Project that shall be secured by real property Mortgage and/or other security measures with the purpose of business financing (fortfeit - fine, late payment, pawning, suretyship, guarantee or any other legal measures of securing the performance of obligations), and participating in the auction only when conducting an assessment of the funder’s eligibility.
19.2 The Organizer shall have the right to approve and publish not only the Loans secured by real estate Mortgage and/or other security measures (forfeit - fine, late payment, pawning, suretyship, guarantee or any other legal measures of securing the performance of obligations) and intended for business financing, but also other Projects, i.e. such Projects which are intended for professional, scientific, research and other purposes, other than consumption, and for the implementation of which the Project Owner seeks to attract crowdfunding funds.
19.3 Loan applications shall be approved and published on the Organizer’s Website provided they comply with the Rules for assessing the reliability of project owners approved by the Organizer.
19.4 The Organizer shall have the right not to approve or publish the Loan Application or Project if the Loan Application or the Project does not meet the criteria for assessing the reliability of project owners approved by the Organizer, and/or requirements, or the information document (when the total amount of financing transactions is from Euros 100 thousand to EUR 5 million within 12 months, irrespective of the type of financing transaction) is incomplete, including whether the information contained therein is understandable, not contradictory and complies with the rules for the submission of information set out in the LCF, and other legislation governing the requirements for preparation of the information document. Confirmation of the information document shall not be considered as a confirmation of the information contained therein and/or recommendation to the Lenders (Funders).
19.5 If the Project owner issues financial instruments, the issuer of financial instruments distributed may only be a legal entity. This information shall be disclosed and provided to the Lenders along with a description of the Loan (Project).
19.6 The Organizer may not be held responsible for the fact that the Recipient of the Loan has submitted incomplete or false information in the Loan Application and the Organizer has ...
Crowdfunding. (1) Use of crowdfunding platforms (e.g., GoFundMe) or applications used to accept funds from outside individuals (e.g., CashApp, Venmo) will be impermissible if used as a means of pay for play or accepting funds for personal uses (e.g., purchasing a car or house).
(2) Crowdfunding platforms may be utilized for the following permissible uses (as per NCAA legislation):
a) soliciting funds for use of NIL in regards to fundraising activities for a nonprofit/charitable or educational organization; and
b) soliciting funds for actual and necessary expenses for outside competition.
Crowdfunding. 19.1 Lenders may choose to invest into a specific Loan Application or Project that shall be secured by real property Mortgage and/or other security measures with the purpose of business financing (fortfeit - fine, late payment, pawning, suretyship, guarantee or any other legal measures of securing the performance of obligations), and participating in the auction only when conducting an assessment of the funder’s eligibility.
19.2 The Organizer shall have the right to approve and publish not only the Loans secured by real estate Mortgage and/or other security measures (forfeit - fine, late payment, pawning, suretyship, guarantee or any other legal measures of securing the performance of obligations) and intended for business financing, but also other Projects, i.e. such Projects which are intended for professional, scientific, research and other purposes, other than consumption, and for the implementation of which the Project Owner seeks to attract crowdfunding funds.
19.3 Loan applications shall be approved and published on the Organizer’s Website provided they comply with the Rules for assessing the reliability of project owners approved by the Organizer.
