Examples of Corporate Licensee in a sentence
Any Person who owns or controls, or who has entered into an agreement to own or control, directly or indi- rectly, at least 10 percent of any class of stock of a Corporate Licensee or a limited partner’s interest of at least 10 percent of the partnership capital of a Partnership Licensee.
A cor- porate Licensee wishing to reorganize as a Partnership Licensee, or a Part- nership Licensee wishing to reorganize as a Corporate Licensee, may apply to SBA for approval under § 107.470.
Distribution means any transfer of cash or non-cash assets to SBA, its agent or Trustee, or to partners in a Partnership Licensee, or to share- holders in a Corporate Licensee.
You must impute a gain (loss) on each security being distributed as if it were being sold, using the value of the security as of the declaration date of the Distribution (if you are a Corporate Licensee) or the distribution date (if you are a Partnership Licensee).
Distribution means any transfer of cash or non-cash assets to SBA, its agent or Trustee, or to partners in a § 107.50Partnership Licensee, or to share- holders in a Corporate Licensee.
Distribution means any transfer ofcash or non-cash assets to SBA, its agent or Trustee, or to partners in a Partnership Licensee, or to share- holders in a Corporate Licensee.
Leverageable Capital means Regu- latory Capital, excluding unfunded commitments.Licensee means either a corporation (Corporate Licensee), or a limited part- nership organized pursuant to § 107.160 (Partnership Licensee), to which a li- cense has been granted pursuant to the Act.
CORPORATE LICENSEE The name, __________________________________number of shares owned, and percentage of issued shares owned for each of the shareholders of the Corporate Licensee are as follows: Name of Shareholder # Shares % Ownership The undersigned shareholders of Licensee hereby agree to be bound by the provisions above, and sign this instrument solely for such purpose and no other.
For avoidance of doubt, this Clause 9 does not apply to a Corporate Licensee or Nominee of Corporate Licensee.
A cor- porate Licensee wishing to reorganize Small Business Administration § 107.230 as a Partnership Licensee, or a Part- nership Licensee wishing to reorganize as a Corporate Licensee, may apply to SBA for approval under § 107.470.