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Small Business Status Sample Clauses

Small Business Status. Maker together with its “affiliates” (as that term is defined in Section 121.103 of Title 13 of Code of Federal Regulations (the “Federal Regulations”)) is a “small business concern” within the meaning of the Small Business Investment Act of 1958, as amended (the “Small Business Act” or “SBIA”), and the regulations promulgated thereunder, including Section 121.301(c) of Title 13, Code of Federal Regulations.
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Small Business Status. The Seller Parties have not claimed a particular status, including “Small Business Status,” in the application for any Intellectual Property Rights, which claim of status was at the time made, or which has since become, inaccurate or false.
Sample 1Sample 2
Small Business Status. In the event that the Company proposes to act or engage in a transaction that would be reasonably expected to result in the termination or impairment of the Company's capital stock status as "qualified small business stock" set forth in Section 1202(c) of the Internal Revenue Code of 1986, as amended (the "Code"), the Company shall notify the Investors and consult in good faith to devise a mutually agreeable and reasonable alternative transaction structure that would preserve such status.
Sample 1
Small Business Status. Within the past three (3) years, no Acquired Company has been awarded a Contract, nor is it currently performing any Contract (whether or not set forth on the WIP Schedule) that was awarded based upon such Acquired Company’s small business status, or a category related to race, gender, veteran status, HUB-zone qualification, or any other similar category (including those categories set forth in Federal Acquisition Regulation 52.219-8, or any successor regulation) (collectively, “Small Business Categories”).
Sample 1

Related to Small Business Status

  • Small Business Concern The offeror represents as part of its offer that it is, is not a small business concern.

  • Qualified Small Business Stock The Company shall use commercially reasonable efforts to cause the shares of Preferred Stock, as well as any shares into which such shares are converted, within the meaning of Section 1202(f) of the Internal Revenue Code (the “Code”), to constitute “qualified small business stock” as defined in Section 1202(c) of the Code; provided, however, that such requirement shall not be applicable if the Board of Directors of the Company determines, in its good-faith business judgment, that such qualification is inconsistent with the best interests of the Company. The Company shall submit to its stockholders (including the Investors) and to the Internal Revenue Service any reports that may be required under Section 1202(d)(1)(C) of the Code and the regulations promulgated thereunder. In addition, within twenty (20) business days after any Investor’s written request therefor, the Company shall, at its option, either (i) deliver to such Investor a written statement indicating whether (and what portion of) such Investor’s interest in the Company constitutes “qualified small business stock” as defined in Section 1202(c) of the Code or (ii) deliver to such Investor such factual information in the Company’s possession as is reasonably necessary to enable such Investor to determine whether (and what portion of) such Investor’s interest in the Company constitutes “qualified small business stock” as defined in Section 1202(c) of the Code.

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