Facts definition

Facts. This Declaration is made with reference to the following facts:

Facts means flexible alternating current transmission system.

Facts. Known" to a Corporation. Whenever a representation or warranty is made herein as being "to the best of knowledge," "to the knowledge of," or "known" to a party, it is understood and agreed that an individual will be deemed to have "knowledge" of a particular fact or other matter if: (a) such individual is actually aware of such fact or other matter; or (b) a prudent individual could be expected to discover or otherwise become aware of such fact or other matter in the course of conducting a reasonably comprehensive investigation concerning the existence of such fact or other matter. A party, person, or entity (other than an individual) will be deemed to have "knowledge" of a particular fact or other matter if any individual who is serving, or who has at any time served, as a director, officer, partner, executor, or trustee of such party, person, or entity (or in any similar capacity) has, or at any time had, knowledge of such fact or other matter.

Examples of Facts in a sentence

• These documents and the Fund Facts make up the fund’s legal documents.BMO Investments Inc.

• Facts related to anti-doping rule violations may be established by any reliable means, including admissions.

• If the Board rejects either the Joint Stipulation of Facts or the Recommendation, an expulsion hearing shall be held pursuant to the procedures outlined herein.

• If the parties agree on the facts, but not on the disciplinary recommendation, the Administration and the parents (or legal guardians) of a student facing expulsion may also choose to enter into a Joint Stipulation of the Facts and submit only the Stipulation of the Facts to the Board in lieu of holding the first part of the hearing, as described above.

• If the Board rejects the Joint Stipulation of Facts, a full expulsion hearing shall be held pursuant to the procedures outlined herein.

More Definitions of Facts

Facts. 1999 Excess Amount is $100,000 and the Nasdaq Share Price for the 15 trading days period prior to the date upon which Telecom's audited financial statements are delivered to the buyer is $5.00.

Facts section contained herein is true, correct, and complete in all material respects.

Facts. On June 8, 1983, Xxxxxxxxx X. Xxxxxxxxx and the Gojoccos (Xxxxxx, Xxxxxxxx, and Xxxxxx) signed a memorandum of agreement wherein Huibonhoa would lease three commercial lots in Binondo, Manila. On June 30, 1983, they executed a lease contract for 15 years allowing Xxxxxxxxx to construct a building on the lots. The lease specified that rent payments of P45,000 per month would commence upon the building’s completion or within 8 months if not completed by then. Due to the construction materials crisis spurred by Xxxxxxx Xxxxxx Xx.’s assassination, Xxxxxxxxx was delayed and completed the building 7 months late. The Gojoccos demanded rent starting March 1984, which Xxxxxxxxx failed to pay, prompting multiple demands from the Gojoccos. Xxxxxxxxx filed a suit for reformation of contract on January 3, 1985, claiming mistakes and seeking to extend the lease term and adjust rent. The Gojoccos filed a separate action for ejectment in the Metropolitan Trial Court of Manila on January 14, 1985. The lower courts issued divergent decisions, which were appealed to the Court of Appeals. The latter upheld the RTCs’ decisions dismissing Xxxxxxxxx’s complaint and determining the proper forum for the ejectment case.

Facts means all relevant facts (circumstances, acts and omissions) which relate to the pursuit or defence of a Proceeding relating to your legal rights.

Facts. An individual who is not a resident of the United States owns 49% of the stock of a U.S. company that holds passive investments in other companies; the other 51% of the stock in the company is owned by several unrelated U.S. individuals. The non-resident individual also has a contract to provide investment advice to the company under which the individual is to receive l0x each year, regardless of the profits of the company. The company's gross profits are approximately 60x each year.‌ Analysis: Whether the non-resident individual has a predominant interest in the U.S. company will depend on whether l0x is an arm's length remuneration for the services. If l0x is arm's length remuneration, then the payments are not taken into account for purposes of determining whether the individual has a predominant interest in the company. As a result, because U.S. individuals own a majority of the stock in the company, the company would qualify for benefits under Article 22, subparagraph 1 f). If the remuneration is not arm's length, then the non- resident individual would have a predominant interest in the company when the service payments are combined with his equity interest and the company would not be entitled to benefits under Article 22, subparagraph 1 f). Facts: Assume the same facts as in Example II, except that the individual does not have an investment contract with the U.S. company and performs only nominal, if any, service. Nevertheless, each year the company sends the individual a check equal to 50% of the company's gross profits as a “bonus” for “services rendered”. Analysis: The U.S. company would not satisfy the requirements of subparagraph 1 f) of Article 22 of the Convention because the facts indicate that, even though the individual owns less than 50% of the stock of the company and does not have a contract to provide services, he in fact is the ultimate beneficial owner of a predominant interest in the company. Therefore, the U.S. company will be entitled to the benefits of the Convention only if it qualifies under some other provision of Article 22.

Facts. All of the stock of a U.S. resident company is owned by a U.S. individual. The stock is worth 100x and the company pays a dividend each year of approximately 10x. The company has outstanding debt of l000x, all of which is held by three members of a single family, none of which is resident in the United States. The debt pays interest each year of 100x. Analysis: The U.S. company would not satisfy the requirements of subparagraph 1 f) of Article 22 of the Convention because the debt represents a predominant interest in the company, the ultimate beneficial owners of which are persons who are not residents of the United States Therefore, the U.S. company will be entitled to the benefits of the Convention only if it qualifies under some other provision of Article 22.

Facts. Owner represents and warrants to Purchaser as follows: (i) Owner is the sole owner of the Property. (ii) The Property is unpublished. (iii) No motion picture or dramatic version of the Property, or any part thereof, has been manufactured, produced, presented or authorized; no radio or television development, presentation, or program based on the Property, or any part thereof, has been manufactured, produced, presented, broadcast or authorized; and no written or oral agreements or commitments whatsoever with respect to the Property, or with respect to any rights therein, have been made or entered into by or on behalf of Owner. (iv) None of the rights herein granted and assigned to Purchaser have been granted and/or assigned to any person, firm or corporation other than Purchaser.