Organization and History Sample Clauses

Organization and History. The Fund is an open-end, non-diversified management investment company with an unlimited number of authorized shares of beneficial interest. The Fund was organized as a Massachusetts business trust on November 27, 2001. The Fund is governed by a Board of Trustees, which is responsible for protecting the interests of shareholders under Massachusetts law. The Trustees meet periodically throughout the year to oversee the Fund's activities, review its performance, and review the actions of the Manager. Although the Fund will not normally hold annual meetings of its shareholders, it may hold shareholder meetings from time to time on important matters, and shareholders have the right to call a meeting to remove a Trustee or to take other action described in the Fund's Declaration of Trust.
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Organization and History. 36 Trustees and Officers of the Fund.............................................................................37 The Manager...................................................................................................44 Brokerage Policies of the Fund...................................................................................46
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Organization and History. (a) The Companies are currently operating a trading business in good standing in China with the authority and ability to provide import and export services globally. (b) Seller was formed in 2000 based in China and the USA. Original investors in Seller included The China Development Group which was the largest investment banker in Taiwan and Dxxxxx Xxxx who has over 40 years of experience in global trade. Buyer is purchasing the shares of the Companies which includes assets of the international trading part of the Companies including, the ability to import and export products globally, existing business and clients, executive management, and goodwill. Seller has been also operating as trading company in China and operates with all proper authority, registrations, and knowledge required to act as a global trading company with its main offices in Shanghai, China. Seller has been in continuous trading operations for 17 years with bi-directional trading, import and export capabilities, in China, Taiwan, Korea, Japan, Indonesia, Mexico, Brazil, Argentina, United Kingdom, United States, France, Spain, Germany, Italy, and Israel. Seller currently has over 10 active clients with over $6M in revenue for 2016. Seller operates around the world with a network of hundreds of factories, logistics and supply chain suppliers. In 2003 Seller introduced the concept of “Speed Sourcing” for its clients offering end to end sourcing at a fraction of the cost and time compared to traditional exporters and export service providers. The services include; design, licensing, factory qualifications and negotiating, financial services, import and export, sales, and end to end supply chain services. Following the Closing, Dxxxxx Xxxx will remain as President and CEO of the Companies’ Sourcing Operations along with his experienced team. Dxxxxx brings along extensive experience in executive management, international trading and manufacturing. Dxxxxx is a native of China, living and managing the Ascenda operations in Shanghai since 2001. Dxxxxx is key in bridging the West and East. He is respected globally for his integrity and ability. Dxxxxx has been an executive committee member, and is the founder, and CEO of Seller. Dxxxxx has extensive experience running consumer electronics manufacturing companies having been CEO of ProView Technology, KDS, Waffer, MAG Innovision, and CTX International. Dxxxxx has been a board member of Waffer Tech - The world’s largest magnesium injection molder, ...
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Organization and History. Directors and Officers of the Company.............................................................. The Manager........................................................................................ Brokerage Policies of the Portfolios.................................................................... Distribution and Service Plans (Service Shares Only).................................................... Performance of the Portfolios.........................................................................
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Organization and History. Telewest Communications plc ("the Company") and its subsidiary undertakings (together "the Group") provide cable television, telephony and internet services to business and residential customers in the United Kingdom ("UK"). The Group derives its cable television revenues from installation fees, monthly basic and premium service fees and advertising charges. The Group derives its telephony revenues from connection charges, monthly line rentals, call charges, special residential service charges and interconnection fees payable by other operators. The Group derives its internet revenues from installation fees and monthly subscriptions to its ISP. The cable television, telephony and internet services account in 2002 for approximately 26%, 61% and 5%, respectively, of the Group's revenue. The Group is also engaged in broadcast media activities, being the supply of entertainment content, interactive and transactional services to the UK pay-TV broadcasting market. The Content Division accounts in 2002 for approximately 8% of the Group's revenue.
Sample 1
Organization and History. The Fund is a series of a Massachusetts business trust that was originally organized in 1989, as a trust having one series. In 1993 it was reorganized to be a multi-series business trust (now called Xxxxxxxxxxx Multi-State Municipal Trust). The Fund was added as a separate series of that Trust in 1994. The Fund is an open-end, non-diversified management investment company with an unlimited number of authorized shares of beneficial interest. Each of the three (3) series of the Trust is a separate fund that issues its own shares, has its own investment portfolio, and has its own assets and liabilities. The Fund is governed by a Board of Trustees, which is responsible for protecting the interests of shareholders under Massachusetts law. The Trustees meet periodically throughout the year to oversee the Fund's activities, review its performance, and review the actions of the Manager. Although the Fund will not normally hold annual meetings of its shareholders, it may hold shareholder meetings from time to time on important matters, and shareholders have the right to call a meeting to remove a Trustee or to take other action described in the Fund's Declaration of Trust.
Sample 1

Related to Organization and History

  • Organization and Status Purchaser (a) is duly formed, validly existing and in good standing under the laws of the jurisdiction of its formation as set forth in the preamble to this Agreement, (b) is duly qualified, authorized to do business and in good standing in each other jurisdiction where the character of its properties or the nature of its activities makes such qualification necessary, and (c) has all requisite power and authority to own or hold under lease the property it purports to own or hold under lease and to carry on its business as now being conducted. Purchaser has made available to Seller complete and correct copies of the Organization Documents for Purchaser.

  • Organization and Standing The Company is a corporation duly formed, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite power and authority to own and operate its properties and assets, to execute and deliver this Subscription Agreement, and any other agreements or instruments required hereunder. The Company is duly qualified and is authorized to do business and is in good standing as a foreign corporation in all jurisdictions in which the nature of its activities and of its properties (both owned and leased) makes such qualification necessary, except for those jurisdictions in which failure to do so would not have a material adverse effect on the Company or its business.

  • Organization and Good Standing Seller has been duly organized and is validly existing as a corporation in good standing under the laws of the State of Delaware, with power and authority to own its properties and to conduct its business as such properties are currently owned and such business is currently conducted, and had at all relevant times, and now has, power, authority and legal right to acquire, own and sell the Receivables and the Other Conveyed Property to be transferred to Purchaser.

  • Organization and Existence Such Investor is a validly existing corporation, limited partnership or limited liability company and has all requisite corporate, partnership or limited liability company power and authority to invest in the Securities pursuant to this Agreement.

  • Organization and Powers Each Loan Party is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation as specified in Schedule 5.1 annexed hereto. Each Loan Party has all requisite corporate power and authority to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents and Related Agreements to which it is a party and to carry out the transactions contemplated thereby.

  • Organizational Existence Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

  • Organization of the Seller The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation.

  • Organization of the Buyer The Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation.

  • Organization, etc The Purchaser has been duly organized and is validly existing as a corporation in good standing under the laws of the State of Delaware, with corporate power and authority to execute and deliver this Agreement and to perform the terms and provisions hereof.

  • Organization and Power The Purchaser is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its formation and has all requisite power and authority to carry on its business as presently conducted and as proposed to be conducted.

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