Sentences with phrase «owned by a single entity»

Not exact matches

By 2009, Strategic had effectively foreclosed on the two properties (which it still owns); now Concrete was proposing to pool the remaining assets into a single entity and sell that to Strategic, which might have allowed Concrete's directors to walk away without taking responsibility for the consequences.

Electronic firearm tracking technology is defined as «a platform, system or device or a group of systems or devices that uses a shared ledger, distributed ledger or block chain technology or any other similar form of technology or electronic database for the purpose of storing information in a decentralized or centralized way, that is not owned or controlled by any single person or entity and that is used to locate or control the use of a firearm.»

In Aristotle's view, the self - same squirrel, by its feeding activities, moves itself to its own growth while nevertheless remaining a single, enduring Entity.

«47 And third, it is through this work of reinterpreting its own traditions that Israel as a community develops a historical consciousness, thereby becoming a historical reality, if it is true, as critical scholarship suggests, that Israel did not exist as a unified entity until the amphictyonic period after the settlement of Canaan, then we can say that «by elaborating this history as a living tradition, Israel projected itself into the past as a single people, to whom occurred, as to an indivisible totality, the deliverance from Egypt, the revelation on Sinai, the wandering in the desert, the gift of the Promised Land.

What this means is that your property is owned jointly by you and your spouse as a single marital entity and can not be liquidated to pay the debts of only one owner.

Transactions involving outsourcing organisations are by their nature very complex, as while a sale may be for a single entity, the operating divisions are often very unique businesses in their own right.

After canvassing the leading substantive - consolidation standards and cases, Judge Jernigan determined that consolidation is appropriate under any test; her decision turned on a litany of facts and factors, including that (i) the company's «nerve center» is its Texas headquarters and all payroll for employees is effectuated from there, (ii) the company's centralized cash - management system and three bank accounts, (iii) all debtor entities were controlled by common officers and directors, (iv) the existence of substantial intercompany claims, (v) credible testimony demonstrated that preparing individual schedules was extraordinarily difficult and required numerous amendments, (vi) a substantial amount of creditors treated the debtors as a single unit, and (vii) that credible counsel had determined that the primary assets of many debtors — D&O litigation claims — are jointly owned by the debtors.

By «single legal entity» we mean a legal entity, such as a corporation or partnership, that can not be further differentiated into units with their own legal identities.

The computers that form the network that process the transactions are located throughout the world and, most importantly, are not owned or controlled by any single entity.