Legally qualified Sample Clauses

Legally qualified. A person who holds a personal teaching authorization issued by the Minister is legally qualified. Such an authorization shall take the form determined by the Minister in a regulation.
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Legally qualified. Holding a personal authorization to teach issued by the Minister as defined in clause 5-3.23.
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Legally qualified. A person who is legally qualified has a personal teaching authorization issued by the Minister under the Regulation respecting teaching licenses (CQLR, chapter I-13.3, r. 2).
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Legally qualified. 7.1.1 Seller ensure that the target company is established in accordance with the laws of Hong Kong and effectively to survival, with their normal legitimate business license and all the required government approval, certificates and permits in order to be able to operate within the business scope of license. 7.1.2 Seller guarantees that Seller is legally holder or has full legal authority to dispose of the equity stake defined under this Agreement Article 1. Seller guarantees this share under transferring has not been set any form of mortgage and other rights restrictions, any recourse from any third party; otherwise, Seller will bear all the economic and legal responsibilities caused. 7.1.3 Both parties have necessary rights and power to entered into and fulfill the agreement and to ensure that this agreement will be legally binding on both sides; and both parties has obtained all necessary authorization to sign and implement the agreement. Representatives from both parties are fully authorized to sign the agreement and therefore it is legally binding.
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Legally qualified. Holding a personal authorization to teach issued by the Minister. The authorization shall take one of the following forms: a) a teaching diploma; b) a teaching permit; c) a provisional teaching authorization.
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Legally qualified. Legal qualifications" or "legally qualified" shall be defined as all statutory and regulatory prerequisites for teaching a particular subject or grade, including but not limited to the licensure requirements of Article 27 of The Illinois School Code and the academic and experience requirement of State Board of Education Document No. 1 (or its successor or supplementary requirement) in effect at the time of dismissal and/or recall.
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Related to Legally qualified

  • Accredited Investor Status The Buyer is an “accredited investor” as that term is defined in Rule 501(a) of Regulation D (an “Accredited Investor”).

  • STATUTORY PENALTY FOR INADEQUATE QUALIFIED INVESTMENT Pursuant to Section 313.0275 of the TEXAS TAX CODE, in the event that the Applicant fails to make $10,000,000 of Qualified Investment, in whole or in part, during the Qualifying Time Period, the Applicant is liable to the State for a penalty. The amount of the penalty is the amount determined by: (i) multiplying the maintenance and operations tax rate of the school district for that tax year that the penalty is due by (ii) the amount obtained after subtracting (a) the Tax Limitation Amount identified in Section 2.4.B from (b) the Market Value of the property identified on the Appraisal District's records for the Tax Year the penalty is due. This penalty shall be paid on or before February 1 of the year following the expiration of the Qualifying Time Period and is subject to the delinquent penalty provisions of Section 33.01 of the TEXAS TAX CODE. The Comptroller may grant a waiver of this penalty in the event of Force Majeure which prevents compliance with this provision.

  • Foreign Person Seller is not a “foreign person” as defined in Section 1445 of the Internal Revenue Code of 1986, as amended, and the Income Tax Regulations thereunder.

  • Regulation D Qualification Neither the Company nor, to its actual knowledge, any of its affiliates, members, officers, directors or beneficial shareholders of 20% or more of its outstanding securities, has experienced a disqualifying event as enumerated pursuant to Rule 506(d) of Regulation D under the Securities Act.

  • Non-Qualified Stock Option This Option is not intended to be an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code and will be interpreted accordingly.

  • No Foreign Person Borrower is not a "foreign person" within the meaning of Section 1445(f)(3) of the Internal Revenue Code of 1986, as amended and the related Treasury Department regulations, including temporary regulations.

  • Accredited Investor Status or Investment Limits Subscriber represents that either: (i) Subscriber is an “accredited investor” within the meaning of Rule 501 of Regulation D under the Securities Act. Subscriber represents and warrants that the information set forth in response to question (c) on the signature page hereto concerning Subscriber is true and correct; or (ii) The purchase price set out in paragraph (b) of the signature page to this Subscription Agreement, together with any other amounts previously used to purchase Securities in this offering, does not exceed 10% of the greater of the Subscriber’s annual income or net worth. Subscriber represents that to the extent it has any questions with respect to its status as an accredited investor, or the application of the investment limits, it has sought professional advice.

  • Non-Foreign Person Seller is not a “foreign person” as defined in Section 1445 of the Internal Revenue Code, as amended (the “Code”).

  • Not Foreign Person Borrower is not a “foreign person” within the meaning of §1445(f)(3) of the Code.

  • Non-Qualified Stock Options The Options granted hereunder are not intended to be Incentive Stock Options or Qualified Stock Options.

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