Venture Capital Operating Company definition

Venture Capital Operating Company means an entity described in§ 121.103(b)(5)(i), (v), or (vi). The venture capital operating company must have a place of business located in the United States and be created or organized in the United States, or under the law of the United States or of any State.[77 FR 76225, Dec. 27, 2012] § 121.702 What size and eligibility standards are applicable to the SBIR and STTR programs?To be eligible for award of funding agreements in SBA’s SBIR and STTR programs, a business concern must meet the requirements below at the time of award of an SBIR or STTR Phase I or Phase II funding agreement:
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Venture Capital Operating Company means a “venture capital operating company” within the meaning of Department of Labor Regulation Section 2510.3-101.
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Venture Capital Operating Company means an entity described in clause (i), (v), or (vi) of§ 121.103(b)(5). The venture capital operating company must have a place of business located in the United States and be created or organized in the United States, or under the law of the United States or of any State.
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Examples of Venture Capital Operating Company in a sentence

  • To take such steps as the General Partner shall consider necessary or appropriate in its sole discretion to cause the Partnership to qualify as a Venture Capital Operating Company as of the date of the Partnership's first acquisition of Portfolio Securities and at all relevant times thereafter.

  • The Investment Advisor shall use its reasonable best efforts to cause each U.S. Fund Entity to qualify as a Venture Capital Operating Company.

  • The Company shall cooperate reasonably with Purchaser so that Purchaser may treat the purchase of the Shares as contemplated by this Agreement as "venture capital investments" within the meaning of the applicable "Venture Capital Operating Company" rules issued by the Department of Labor under ERISA.

  • As of the Closing, Multiband and DTHC shall enter into a Management Rights Agreement acceptable to the Parties, providing DTHC with sufficient management rights so that DTHC can qualify as a Venture Capital Operating Company within the meaning of ERISA.

  • Concurrently with the closing of the first acquisition of Investment Securities by SVI-U.S., the Investment Advisor shall obtain an opinion of counsel which opinion shall state whether SVI-U.S. should qualify as a Venture Capital Operating Company on the date of such closing.


More Definitions of Venture Capital Operating Company

Venture Capital Operating Company. (as defined in the Employee Retirement Security Act of 1974, as amended). Each such Observer shall be entitled to receive all materials and reports regarding the Company that are distributed to Directors in connection with such meetings, to raise matters for consideration at such meetings and to participate in discussions occurring at such meetings; provided, however, that no such Observer shall have the right to participate in any vote, consent or other action of the Board or any committee thereof, nor shall such Observer’s vote, consent or other action be required for any vote, consent or other action of the Board or any committee thereof, nor shall any such Observer participate in any executive session or be entitled to be present for any privileged communication from counsel if the presence of such Observer could affect the existence of such privilege and provided, further, that all materials and discussions shall be kept strictly confidential by the Observer and the VCOC Stockholders designating the applicable Observer.
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Venture Capital Operating Company. (“VCOC”) has the meaning promulgated by the Department of Labor regulation 29 C.F.R. 2510.3-101 (the “Regulation”) and (iv) ”Plan Investor” includes Investor itself if Investor is an Employee Benefit Plan or, if Investor is instead a 25%-Plan-Owned Investor, includes each Employee Benefit Plan that directly or indirectly owns any class of Investor’s equity interests.
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Venture Capital Operating Company has the meaning set forth in Department of Labor regulation 29 C.F.R. ss. 2510.3 - 101(d).
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Venture Capital Operating Company means an entity described in clause (i), (v), or (vi) of § 121.103(b)(5).6. Revise § 121.702 to read as follows:§ 121.702 What size and eligibility standards are applicable to the SBIR and STTR programs?To be eligible for award of funding agreements in SBA’s SBIR and STTR programs, a business concern must meet the requirements below at the time of submission of its initial proposal (or other formal response) to a Phase I or Phase II SBIR or STTR announcement or solicitation and at the time of award:
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Venture Capital Operating Company as defined in Section 2501.3-101(d) of the regulations promulgated by the United States Department of Labor under the Employee Retirement Income Security Act of 1974, as amended.
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Venture Capital Operating Company. (“VCOC”) has the meaning promulgated by the DOL under the Plan Asset Regulations.
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Venture Capital Operating Company means a venture capital operating company under the Plan Assets Regulations.
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