PRESENT OWNERSHIP Sample Clauses

PRESENT OWNERSHIP. Other than the Original Shares and the Additional Shares to be acquired pursuant to this Agreement, the Investor does not Beneficially Own any other securities issued by the Company.
AutoNDA by SimpleDocs
PRESENT OWNERSHIP. The Agency was formed pursuant to the Texas Business Corporation Act with its principal place of business in Dallas, Dallas County, Texas, and is or intends to be duly licensed in Texas as a local recording insurance agency. The Shareholders are currently the owners, jointly, of all of the Stock. The parties agree that any shares of stock, of any nature or class, which the Agency may authorize or issue after the date of this Agreement, and any shareholder of such shares, shall be subject to all of the restrictions and obligations contained in this Agreement as if such shares were presently issued and outstanding (and shall thereafter be part of the "Stock") and such shareholder were a signatory to this Agreement (who shall thereafter be referred to as a "Shareholder" hereunder).
PRESENT OWNERSHIP. The Members own 100% of the limited liability company interests (the "Interests") of Progressive Media LLC, an Arizona limited liability company ("Progressive"), as follows: Member Interests Owned Percentage ------ --------------- ---------- John Xxxxxxx 50 50% Ed Hxxx 50 50% --- --- Total 100 100% === ====
PRESENT OWNERSHIP. 24 Article 7 INDEMNIFICATION.......................................................................24 7.1 Indemnification by the Company.................................................................24 7.2 Notification...................................................................................25 7.3 Registration Rights Agreement..................................................................26
PRESENT OWNERSHIP. Other than the Notes to be issued hereunder and the Conversion Shares issuable upon the conversion thereof, such Purchaser does not beneficially own (within the meaning of Rule 13d-3 under the Exchange Act, such term to have such meaning throughout this Agreement) any Voting Securities.

Related to PRESENT OWNERSHIP

  • Joint Ownership 10 Annuitant............................................................... 10

  • Management, Ownership The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

  • Equipment Ownership The ownership of all equipment provided by the Contractor shall remain with the Contractor, and equipment shall be maintained by the Contractor in accordance with manufacturer recommendations and all Federal (including OSHA), New York State and local codes. The Contractor shall provide and maintain the collection equipment at the Authorized User’s facility(s) for use twenty-four hours per day, seven days per week, 365 days per year. If equipment is removed for longer than brief periods for emptying the container, it shall be replaced with equal type and capacity equipment to ensure continuous dumping ability. If not so provided, the Authorized User shall be provided with a rebate for the amount of time they were unable to dump and the Authorized User may seek "Remedies for Breach" as stated in Appendix B. If the equipment is owned by the Authorized User, the Authorized User assumes liability and costs associated with the equipment and a price reduction may be passed along to the Authorized User representing the difference in cost, if any, for the Contractor not having to provide the equipment.

  • Share Ownership No officer or director or any direct or indirect beneficial owner (including the Insiders) of any class of the Company’s unregistered securities is an owner of shares or other securities of any member of FINRA participating in the Offering (other than securities purchased on the open market).

  • Data Ownership BA acknowledges that BA has no ownership rights with respect to the Protected Information.

  • Account Ownership Based upon the type of account ownership that you have designated; the following terms and conditions apply.

  • APARTMENT OWNERSHIP ACT The Promoter has assured the Allottees that the project in its entirety is in accordance with the provisions of the West Bengal Apartment Ownership Act, 1972. The Promoter showing compliance of various laws/regulations as applicable in the State of West Bengal.

  • Company Ownership Company will own its respective right, title, and interest, including Intellectual Property Rights, in and to the Company Data. Company hereby grants BNYM a limited, nonexclusive, nontransferable license to access and use the Company Data, and consents to BNYM’s permitting access to, transferring and transmitting Company Data, all as appropriate to Company’s use of the Licensed Rights or as contemplated by the Documentation.

  • Ownership Ownership of the Deposits during the effective term of the Registry Agreement shall remain with Registry Operator at all times. Thereafter, Registry Operator shall assign any such ownership rights (including intellectual property rights, as the case may be) in such Deposits to ICANN. In the event that during the term of the Registry Agreement any Deposit is released from escrow to ICANN, any intellectual property rights held by Registry Operator in the Deposits will automatically be licensed to ICANN or to a party designated in writing by ICANN on a non-­‐exclusive, perpetual, irrevocable, royalty-­‐free, paid-­‐up basis, for any use related to the operation, maintenance or transition of the TLD.

  • Record Ownership The Company, or its attorney, shall maintain a register of the Holder of the Debentures (the "Register") showing their names and addresses and the serial numbers and principal amounts of Debentures issued to them. The Register may be maintained in electronic, magnetic or other computerized form. The Company may treat the person named as the Holder of this Debenture in the Register as the sole owner of this Debenture. The Holder of this Debenture is the person exclusively entitled to receive payments of interest on this Debenture, receive notifications with respect to this Debenture, convert it into Common Stock and otherwise exercise all of the rights and powers as the absolute owner hereof.

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