Not exact matches
All such applications are
subject to Chase Paymentech's standard
approval policies and procedures, including without
limitation credit
approval and entering into a Merchant Agreement with Chase Paymentech that includes a detailed pricing schedule.
Pursuant
to the Plan, the Company is also authorized
to dispose of its remaining non-cash assets, on such terms and at such prices as the Company's board of directors, without further shareholder
approval, may determine
to be in the best interests of the Company and its shareholders,
to pay or make reasonable provision
to pay all claims against and obligations of the Company,
to make such provisions as will be reasonably likely
to be sufficient
to provide compensation for any claim against the Company which is the
subject of a pending action, suit or proceeding
to which the Company is a party,
to distribute on a pro rata basis
to the shareholders of the Company the remaining assets of the Company, and,
subject to statutory
limitations,
to take all other actions necessary
to wind up and liquidate the Company's business and affairs.
Coverage is
subject to policy terms, conditions,
limitations, exclusions, underwriting review and
approval, and may not be available for all risks or in all states.
107 DOS 98 Matter of DOS v. Sosis -
subject matter jurisdiction; due process; failure
to appear at hearing; proper business practices; deposits; fraudulent practice; DOS fails its burden of proof; DOS has
subject matter jurisdiction if at the time the disciplinary proceeding was commenced by proper service of a notice of hearing and complaint the party was (i) licensed
to engage in regulated real estate activities, or (ii) an applicant for either a license or for the renewal of a license
to engage in regulated real estate activities, or (iii) eligible
to automatically renew the prior license under the two - year
limitation provision of RPL § 441 (2); ex parte hearing is permissible upon proof of proper notice of hearing; DOS has
subject matter jurisdiction where party was licensed at the time proceeding was commenced and, where at time of hearing, although not licensed was eligible
to automatically apply
to renew pursuant
to RPL § 441 (2); licensee operated a real estate brokerage business under an unlicensed name; licensee unlawfully retains deposit funds after deposit monies were delivered on the condition that same were
to be disbursed only on the principal's consent and
approval and said consent and
approval was not given; licensee's illegal exercise of right of ownership over his principal's funds spawns conversion and constitutes a fraudulent practice; DOS fails its burden of proof
to establish licensee failed
to deposit trust funds in a segregated escrow account, engaged in fraud and changed business location without notice
to DOS; restitution ordered in the amount of $ 1,900 plus interest, fine of $ 1,000 and any further application for licensure shall not be considered until applicant pays said fine and provides proof of payment of restitution