Below is an example of theSpotifyTerms and Conditions Table of Contents. Note how the sections deal with topics such as "Rights we grant you," "User guidelines," "Choice of law, mandatory arbitration and venue" and "Term and termination": Perhaps the most important section of this legal do...
A Terms of Use agreement is a contractif it's clear, reasonable, lawful, and has been agreed upon. Is a Terms of Use Agreement a Legal Requirement? Creating a Terms of Use agreement is not a legal requirement. However, a Terms of Use agreement is a simple, effective way to help your...
(c) All items of income, gain, loss, deduction and credit allocated to the Members in accordance with the provisions hereof and basis allocations recognized by the Company for federal income tax purposes shall be determined without regard to any election under Section 754 of the Code which may...
entitled to cast at least a majority of the votes that may be cast by all Equity Interests having ordinary voting power for the election of directors or Persons performing a similar function are owned, directly or indirectly, by the Issuer; (2) such designation complies with Section 10.10; ...
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Any sublease, assignment, mortgage, pledge, encumbrance, or transfer made in violation of this Section 17.2 shall be void and at Landlord’s election shall terminate this Lease. Each subtenant or assignee of Tenant, other than Landlord, shall assume all obligations of Tenant under this Lease and...
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What is an IRS Section 83(b) Election? What do I need to do to file an 83(b) Election? What are the tax implications when you file an 83(b) Election? Restricted Stock is given to employees, directors and advisors of early stage companies as a form of compensation. It’s call...
equity interest or other securities entitled to vote for election of directors or other managing authority.</p> </li> <li> <p><strong>"Account"</strong> means a unique account created for You to access our Service or parts of our Service.</p> </li> <li> <p><strong>"Company"</st...
Section 754 ElectionIn the event of a distribution of the Fund's property to a Member or an assignment or other transfer (including by reason of death) of Units of a Member in the Fund, at the request of a Member, the Board, in its sole and absolute discretion, may cause the Fund ...