EQUAL OPPORTUNITY REQUIREMENT Clause Samples
The Equal Opportunity Requirement clause mandates that parties involved must provide equal employment and advancement opportunities regardless of characteristics such as race, gender, religion, or other protected statuses. In practice, this means employers must implement non-discriminatory hiring, promotion, and workplace policies, and may be required to take affirmative steps to ensure compliance, such as posting notices or maintaining records. The core function of this clause is to prevent workplace discrimination and promote fairness, ensuring all individuals have access to the same opportunities.
EQUAL OPPORTUNITY REQUIREMENT. If Borrower has or intends to have employees, Borrower will post SBA Form 722, Equal Opportunity Poster (copy attached), in Borrower's place of business where it will be clearly visible to employees, applicants for employment, and the general public.
EQUAL OPPORTUNITY REQUIREMENT. If Borrower has or intends to have employees, Borrower will post SBA Form 722, Equal Opportunity Poster (copy attached), in Borrower's place of business where it will be clearly visible to employees, applicants for employment, and the general public. DISCLOSURE OF LOBBYING ACTIVITIES · ▇▇▇▇▇▇▇▇ agrees to the attached Certification Regarding Lobbying Activities BORROWER’S CERTIFICATIONS Borrower certifies that: · For loan amounts greater than $500,000 and when collateral real estate property is being used to secure this loan, Borrower certifies that they are the owner(s) of and hold legal title to any real estate being secured by this loan. Said premises are in their possession, and the title thereto has never been disputed or questioned as to any part thereof. Said premises are free of all mortgages, taxes, assessments, liens, encumbrances, and claims, or interest of any other party, except as disclosed. There are no actions pending affecting said real property. · There has been no substantial adverse change in Borrower's financial condition (and organization, in case of a business borrower) since the date of the application for this Loan. (Adverse changes include, but are not limited to: judgment liens, tax liens, ▇▇▇▇▇▇▇▇'s liens, bankruptcy, financial reverses, arrest or conviction of felony, etc.) · No fees have been paid, directly or indirectly, to any representative (attorney, accountant, etc.) for services provided or to be provided in connection with applying for or closing this Loan, other than those reported on SBA Form 5 Business Disaster Loan Application'; SBA Form 3501 COVID-19 Economic Injury Disaster Loan Application; or SBA Form 159, 'Compensation Agreement'. All fees not approved by SBA are prohibited. · All representations in the Borrower's Loan application (including all supplementary submissions) are true, correct and complete and are offered to induce SBA to make this Loan. · No claim or application for any other compensation for disaster losses has been submitted to or requested of any source, and no such other compensation has been received, other than that which Borrower has fully disclosed to SBA. · Neither the Borrower nor, if the Borrower is a business, any principal who owns at least 50% of the Borrower, is delinquent more than 60 days under the terms of any: (a) administrative order; (b) court order; or (c) repayment agreement that requires payment of child support. · Borrower certifies that no fees have been paid, directly or ...