Common use of For-Profit Entity Assignment Clause in Contracts

For-Profit Entity Assignment. If CONTRACTOR is a for-profit organization, any change in 15 the business structure, including but not limited to, the sale or transfer of more than ten percent (10%) of 16 the assets or stocks of CONTRACTOR, change to another corporate structure, including a change to a 17 sole proprietorship, or a change in fifty percent (50%) or more of Board of Directors or any governing 18 body of CONTRACTOR at one time shall be deemed an assignment pursuant to this paragraph.

Appears in 11 contracts

Samples: Contract for Covid 19 Response Rapid Rehousing Services, Contract for Covid 19 Community Outreach and Engagement Services, Contract for Provision of Services

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For-Profit Entity Assignment. If CONTRACTOR is a for-profit organization, any change in 15 20 the business structure, including but not limited to, the sale or transfer of more than ten percent (10%) of 16 21 the assets or stocks of CONTRACTOR, change to another corporate structure, including a change to a 17 22 sole proprietorship, or a change in fifty percent (50%) or more of Board of Directors or any governing 18 23 body of CONTRACTOR at one time shall be deemed an assignment pursuant to this paragraph.

Appears in 10 contracts

Samples: Contract for Provision of Services, Contract for Covid 19 Responsive Homeless Services, Contract for Provision of Services

For-Profit Entity Assignment. If CONTRACTOR is a for-profit organization, any change in 15 the business structure, including but not limited to, the sale or transfer of more than ten percent (10%) of 16 the assets or stocks of CONTRACTOR, change to another corporate structure, including a change to a 17 sole proprietorship, or a change in fifty percent (50%) or more of Board of Directors or any governing 18 body of CONTRACTOR at one time shall be deemed an assignment pursuant to this paragraph.

Appears in 5 contracts

Samples: Contract for Provision of Shelter Operator Services, Contract for Provision of Coordinated Entry System for Individuals, Contract for Provision of Homeless Prevention Employment Program Services

For-Profit Entity Assignment. If CONTRACTOR is a for-profit organization, any change in 15 11 the business structure, including but not limited to, the sale or transfer of more than ten percent (10%) of 16 12 the assets or stocks of CONTRACTOR, change to another corporate structure, including a change to a 17 13 sole proprietorship, or a change in fifty percent (50%) or more of Board of Directors or any governing 18 14 body of CONTRACTOR at one time shall be deemed an assignment pursuant to this paragraph.

Appears in 4 contracts

Samples: Contract for Provision of Coordinated Entry System for Individuals, Contract for Provision of Services, Contract for Provision of Services

For-Profit Entity Assignment. If CONTRACTOR is a for-profit organization, any change in 15 17 the business structure, including but not limited to, the sale or transfer of more than ten percent (10%) of 16 18 the assets or stocks of CONTRACTOR, change to another corporate structure, including a change to a 17 19 sole proprietorship, or a change in fifty percent (50%) or more of Board of Directors or any governing 18 20 body of CONTRACTOR at one time shall be deemed an assignment pursuant to this paragraph.

Appears in 4 contracts

Samples: Contract Amendment for Provision of Temporary Isolation Shelter Services, Contract for Provision of Services, Contract for Provision of Services

For-Profit Entity Assignment. If CONTRACTOR is a for-profit organization, any change in 15 19 the business structure, including but not limited to, the sale or transfer of more than ten percent (10%) of 16 20 the assets or stocks of CONTRACTOR, change to another corporate structure, including a change to a 17 21 sole proprietorship, or a change in fifty percent (50%) or more of Board of Directors or any governing 18 22 body of CONTRACTOR at one time shall be deemed an assignment pursuant to this paragraph.

Appears in 2 contracts

Samples: Contract for Covid 19 Response Rapid Rehousing Services, Contract for Provision of Services

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For-Profit Entity Assignment. If CONTRACTOR is a for-profit organization, any change in 15 18 the business structure, including but not limited to, the sale or transfer of more than ten percent (10%) of 16 19 the assets or stocks of CONTRACTOR, change to another corporate structure, including a change to a 17 20 sole proprietorship, or a change in fifty percent (50%) or more of Board of Directors or any governing 18 21 body of CONTRACTOR at one time shall be deemed an assignment pursuant to this paragraph.

Appears in 2 contracts

Samples: Contract for Provision of Services, Contract for Provision of Services

For-Profit Entity Assignment. If CONTRACTOR is a for-profit organization, any change in 15 16 the business structure, including but not limited to, the sale or transfer of more than ten percent (10%) of 16 17 the assets or stocks of CONTRACTOR, change to another corporate structure, including a change to a 17 18 sole proprietorship, or a change in fifty percent (50%) or more of Board of Directors or any governing 18 19 body of CONTRACTOR at one time shall be deemed an assignment pursuant to this paragraph.

Appears in 1 contract

Samples: Contract for Provision of Services

For-Profit Entity Assignment. If CONTRACTOR is a for-profit organization, any change in 15 2 the business structure, including but not limited to, the sale or transfer of more than ten percent (10%) of 16 3 the assets or stocks of CONTRACTOR, change to another corporate structure, including a change to a 17 4 sole proprietorship, or a change in fifty percent (50%) or more of Board of Directors or any governing 18 5 body of CONTRACTOR at one time shall be deemed an assignment pursuant to this paragraph.

Appears in 1 contract

Samples: Contract for Provision of Services

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