New firm definition

New firm means a jewelry com- pany which has requested in writing to the Secretaries permission to partici- pate in the program. In addition to any other information required by the Sec- retaries, new firm requests shall in- clude a representation that the com- pany agrees to abide by the laws and regulations of the program, an outline of the company’s anticipated economic contribution to the territory (including the number of employees) and a state- ment as to whether the company is af- filiated by ownership or control with any other watch or jewelry company in the insular possessions. The Secre- taries will then review the request and make a decision based on the informa- tion provided and the economic con- tribution to the territory. A new jew- elry firm may not be affiliated through ownership or control with any other jewelry duty-refund recipient. In as- sessing whether persons or parties are affiliated, the Secretaries will consider the following factors, among others: stock ownership; corporate or family groupings; franchise or joint venture agreements; debt financing; and close supplier relationships. The Secretaries may not find that control exists on the basis of these factors unless the rela- tionship has the potential to affect de- cisions concerning production, pricing, or cost. Also, no jewelry duty-refund recipient may own or control more than one watch duty-refund recipient.
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New firm means any firm that has not supplied tendered/equivalent material to PSPCL/ other State Utilities. The firm having supplied tendered/ equivalent material to other state utilities shall be considered as 'Old Firm' for the purpose of distribution of quantities on submission of satisfactory performance certificate. However, works appraisal of such firms shall be carried out.
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New firm means any firm that has not supplied tendered/similar to tendered material to PSTCL/PSPCL/other State Utilities. The firm having supplied tendered/ similar to tendered material to PSPCL/other Central or state utilities shall be considered as 'Old Firm' for the purpose of distribution of quantities on submission of satisfactory performance certificate. However, works appraisal of such firms shall be carried out.
Sample 1

Examples of New firm in a sentence

  • New firm entry provides a churning effect to the economy, fosters development, innovation and economic change (Hirschman 1958; Baumol 1990; McMillan and Woodruff, 2002; Mickiewicz et al.

  • New firm establishment declined and shut down activity, on the contrary, intensified in all size and age categories.

  • New firm demands (as they result from the consolidation process) remain consistent with their previous “flexible” values (3).

  • Unless the context indicates otherwise:* * * * *(5) New firm is a watch firm which may not be affiliated through ownership or control with any other watch duty- refund recipient.

  • New firm formation and the activities of SMEs help drive job creation and economic growth through accelerating innovation and promoting the full use of human, financial and other resources.

  • New firm may also be considered for registration at any time, provided they fulfill all the required conditions.

  • New firm formation in the British counties with special reference to Scotland.

  • New firm formation is the driving force behind structural changes in the knowledge based economy.

  • Opening journal entries in the books of New firm andamalgamated Balance sheet.

  • New firm must specify what people who finance the business will receive for contributions.


More Definitions of New firm

New firm has the meaning ascribed to it in Section 5.3(a).
Sample 1
New firm means a jewelryproducer who has requested in writingto the Secretaries permission toparticipate in the program, has agreed to abide by the laws and regulations of the program and has been accepted by the Secretaries as a viable company thatwill make an economic contribution tothe territory. Also, the new firm must be an entity which is completely separate from and not associated with, by way of ownership or control, any otherpotential jewelry duty-refund recipient (and only one watch duty-refundrecipient) in any territory.
Sample 1

Related to New firm

  • Independent Firm means a nationally recognized accounting firm; provided, however, that such term shall not include any accounting firm that performs or has preformed audit services with respect to Parent or Cal Dive.

  • CPA Firm has the meaning set forth in Section 2.3(c).

  • Audit Firm means an audit firm as defined in point (3) of Article 2 of Directive 2006/43/EC;

  • Consulting Firm has the meaning set forth in Section II.A.4.

  • Pre-FIRM means construction or other development for which the “start of construction” occurred before the effective date of the initial Flood Insurance Rate Map.

  • Post-FIRM means construction or other development for which the “start of construction” occurred on or after the effective date of the initial Flood Insurance Rate Map.

  • Advisory Firm means an accounting firm that is nationally recognized as being expert in Covered Tax matters, selected by the Corporation.

  • Accounting Firm means a nationally recognized certified public accounting firm or other professional organization that is a certified public accounting firm recognized as an expert in determinations and calculations for purposes of Section 280G of the Code that is selected by the Company prior to a Change in Control for purposes of making the applicable determinations hereunder and is reasonably acceptable to Executive, which firm shall not, without Executive’s consent, be a firm serving as accountant or auditor for the individual, entity or group effecting the Change in Control.

  • Selling Firm has the meaning given to it in Section 2(1);

  • Certified Firm means a small business certified under ORS 200.055 by the Oregon Certification Office for Business Inclusion and Diversity (COBID) as minority-owned businesses, woman-owned businesses, businesses that service-disabled veterans own, and emerging small businesses.

  • the Firm s Part 4A permission” means the Part 4A permission granted by the Authority to the Firm;

  • Valuation Firm means a nationally recognized independent investment banking or valuation firm with expertise in the oil and gas sector.

  • Law firm means both of the following:

  • Company U.S. Counsel means Hxxxxx and Bxxxx, LLP, with offices located at 30 Xxxxxxxxxxx Xxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000.

  • Selected Firm means the firm who is selected by the City and to whom the City Council/City Manager awards a contract for the services or commodities requested in this solicitation.

  • Independent Accounting Firm means such nationally recognized, independent accounting firm as is mutually appointed by Seller and Purchaser for purposes of this Agreement.

  • investment firm means any legal person whose regular occupation or business is the provision of one or more investment services to third parties and/or the performance of one or more investment activities on a professional basis;

  • foreign firm means a business entity owned or controlled by one or more foreign nationals or a business entity in which more than 50 percent of the stock is owned or controlled by one or more foreign nationals.

  • Stockholder Representative has the meaning set forth in the preamble.

  • sponsoring firm means the firm registered in a jurisdiction of Canada on whose behalf an individual acts as a dealer, an underwriter, an adviser, a chief compliance officer or an ultimate designated person;

  • Lobbying firm means any business entity, including an individual contract lobbyist, which meets either of the following criteria:

  • Design-Build Firm means a partnership, corporation or other legal entity that:

  • Independent Financial Expert means a nationally recognized accounting, investment banking or consultant firm, which firm does not have a material financial interest or other material economic relationship with either the Company or any of its Affiliates or the Holder or any of its Affiliates that is, in the good faith judgment of the Board, qualified to perform the task for which it has been engaged.

  • Selling Firms has the meaning specified in section 5.1;

  • Independent Expert means a Person or entity with no material current or prior business or personal relationship with the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of assets of the type held by the Company.

  • Independent Tax Counsel means a lawyer, a certified public accountant with a nationally recognized accounting firm, or a compensation consultant with a nationally recognized actuarial and benefits consulting firm with expertise in the area of executive compensation tax law, who shall be selected by the Employer and shall be reasonably acceptable to the Executive, and whose fees and disbursements shall be paid by the Employer.