Effect of Revocation or Surrender of Charter Sample Clauses

Effect of Revocation or Surrender of Charter. Upon revocation or surrender of CHAPTER’s charter, CHAPTER shall immediately cease any and all use of the ASAM Marks and shall no longer hold itself out to be affiliated with ASAM. The CHAPTER if requested shall immediately return to ASAM or its designated representatives all printed and other material bearing any reference to ASAM, membership contact information, and all intellectual property, which may include but not limited to name and logo. The Chapter and ASAM will review state law requirements to determine how to separate the two organizations.
Sample 1
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Effect of Revocation or Surrender of Charter. In the event Chapter’s charter is revoked or surrendered, Chapter agrees to promptly dissolve its corporate status pursuant to applicable law and to provide the URISA Board of Directors with proof of such dissolution from the Secretary of State or appropriate state business records agency within ninety (90) days of such revocation or surrender.
Sample 1

Related to Effect of Revocation or Surrender of Charter

  • Limitation on Out-of-State Litigation Texas Business and Commerce Code § 272 This is a requirement of the TIPS Contract and is non-negotiable. Texas Business and Commerce Code § 272 prohibits a construction contract, or an agreement collateral to or affecting the construction contract, from containing a provision making the contract or agreement, or any conflict arising under the contract or agreement, subject to another state’s law, litigation in the courts of another state, or arbitration in another state. If included in Texas construction contracts, such provisions are voidable by a party obligated by the contract or agreement to perform the work. By submission of this proposal, Vendor acknowledges this law and if Vendor enters into a construction contract with a Texas TIPS Member under this procurement, Vendor certifies compliance.

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