Form of Business Entity Sample Clauses

Form of Business Entity. ☐ Corporation; ☐ Limited Liability Company; ☐ Partnership; ☐ Limited Partnership; ☐ Limited Liability Partnership; ☐ Sole Proprietorship; ☐ Other: Street Address: 0000 X XXXXXXXX XX City: EL CAJON State: CA Zip: 92020 Mailing Address: 0000 XX XXXX XXXX #000 City: XXXXXXXXX State: NV Zip 89052 Primary Contact: Title: Owner Time in Business: Federal Tax ID: 00-0000000 Purchase Price: Purchased Amount: $700,000.00 $1,008,000.00 Average Projected Monthly Sales: $4,631,873.63 Specified Percentage: 15% (Average Projected Monthly Sales x Specified Percentage / Average Business Days in a Calendar Month) Initial Weekly Amount: $36,000.00 Origination Fee: $35,000.00 (to be deducted from the Purchase Price) Payment will be withdrawn every Friday Account for the Deposit of All Future Receipts: Bank: NA Account No: NA Effective, July 29, 2022 Seller, identified above, hereby sells, assigns and transfers to AGILE CAPITAL FUNDING, LLC (“Buyer” or “Agile Capital Funding”) located at 000 X 00xx Xx, Xxxxx 0000, Xxx Xxxx, XX 00000 without recourse, the Specified Percentage of the proceeds of each future sale made by Seller (collectively “Future Receipts”) until Seller has received the Purchased Amount. “Future Receipts” includes all payments made by cash, check, ACH or other electronic transfer, credit card, debit card, bank card, charge card (each such card shall be referred to herein as a “Payment Card”) or other form of monetary payment in the ordinary course of Seller’s business. As payment for the Purchased Amount, Buyer will deliver to Seller the Purchase Price, shown above, minus any Origination Fee shown above. Seller acknowledges that it has no right to repurchase the Purchased Amount from Buyer. Both parties agree that the obligation of Buyer under this Agreement will not be effective unless and until Buyer has completed its review of the Seller and has accepted this Agreement by delivering the Purchase Price, minus any Origination Fee. Prior to accepting this Agreement, Buyer may conduct a processing trial to confirm its access to the Account and the ability to withdraw the Initial Daily Amount If the processing trial is not completed to the satisfaction of Buyer, Buyer will refund to Seller all funds that were obtained by Buyer during the processing trial.
AutoNDA by SimpleDocs
Form of Business Entity. The Applicant is a <corporation / limited liability company / partnership / sole proprietor / trust> duly created and validly existing, or properly registered to do business, under the laws of the State of Connecticut <or other state> and each other jurisdiction where the ownership of its property or the conduct of its business requires qualification. Further, the Applicant will preserve and maintain its existence as a duly organized validly existing, and in good standing under the laws of Connecticut <or other state>, and will remain (or become) qualified to do business and in good standing in each other jurisdiction where the nature of its business or the ownership of its property makes such qualification necessary.
Form of Business Entity. [ ] Corporation; [ ] Limited Liability Company; [ ] Partnership; [ ] Limited Partnership; [ ] Limited Liability Partnership; [ ] Sole Proprietorship; [ ] Other: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Street Address: 0000 Xxxxxx Xxxxxx , City: Austin , State, ZIP: TX ​ 78701 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mailing Address: 0000 XXXXX XX STE 900 , City: DALLAIS , State, ZIP: TX ​ 75201 ​ ​ Primary Contact: ​ ​ Title: Owner ​ Time in Business: ​ ​ Federal Tax ID: 00-0000000 ​ Purchase Price: $500,000.00 ​ Purchased Amount: $710,000.00 ​ Average Monthly Sales: $3,300,083.10 ​ ​ ​ ​ ​ Specified Percentage: % (Average Monthly Sales x Specified Percentage / Average Business Days in a Calendar Month) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Initial Weekly ​ Amount: $25,357.14 ​ Origination Fee: $15,000.00 (To be deducted from the Purchase Price) ​
Form of Business Entity. The Applicant is a municipal corporation duly created and validly existing under the laws of the State of Connecticut. Further, the Applicant will preserve and maintain its existence as a municipal corporation, duly organized, validly existing, and in good standing under the laws of Connecticut.

Related to Form of Business Entity

  • Type of Business Circle the number that best describes your business or organization. If none of the categories apply, circle number 20 and provide a brief description.

  • Management of Business No Limited Partner or Assignee (other than the General Partner, any of its Affiliates or any officer, director, employee, partner, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such) shall take part in the operations, management or control (within the meaning of the Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. The transaction of any such business by the General Partner, any of its Affiliates or any officer, director, employee, partner, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such, shall not affect, impair or eliminate the limitations on the liability of the Limited Partners or Assignees under this Agreement.

  • Operation of Business Each of Borrower and its Subsidiaries possesses all licenses, permits, consents, authorizations, franchises, patents, copyrights, trademarks, and trade names, or rights thereto, necessary to conduct its respective businesses substantially as now conducted and as presently proposed to be conducted, and neither Borrower nor any of its Subsidiaries is in violation of any valid rights of others with respect to any of the foregoing which could result in a Material Adverse Event.

  • Continuity of Business Enterprise Except as set forth on Schedule 3.4, and except as contemplated by this Agreement, there has not been any sale, distribution or spin-off of significant assets of the Company or any of its Affiliates other than in the ordinary course of business within the two (2) year period preceding the date of this Agreement.

  • Principal Place of Business; Other Places of Business The principal place of business of the Company is 10000 Xxxx Xxxxxxxx Xxxxx, Suite 220, San Diego, CA 92127. The Company may have such other offices as the Member may designate from time to time.

  • Termination of Business if Borrower ceases any material portion of its business operations as presently conducted; or

  • Conduct of Business of Parent Except as contemplated by this Agreement, from the date of this Agreement until the Effective Time, Parent will not do, and will not permit any of its subsidiaries to do, any of the following without the prior written consent of the Company (such consent not to be unreasonably withheld or delayed):

  • Lines of Business Enter into any business, either directly or through any Subsidiary, except for those businesses in which the Borrower and its Subsidiaries are engaged on the date of this Agreement or that are reasonably related thereto.

  • Sale of Business 13.1 The Private Party shall enter into a Sale of Business Agreement with SANParks on the terms and conditions as set out in the Sale of Business Agreement annexed hereto as Schedule 19.

  • Scope of Business The Borrower shall, and shall cause each Significant Subsidiary to, engage primarily in energy-related businesses.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!