Sentences with phrase «remaining owners of the company»

It allows the remaining owners of the company to purchase the deceased partner's percentage of the business.

Not exact matches

Pelican works with company owners to structure transactions that allow owners to not only realize value in their business today, but remain with the company and experience the professional and financial benefit of taking the business to the next level.

The pact calls for HP Enterprise to remain majority owner of the new company.

Today, Mafoud and his brother are part of the family's third generation, and although the company's processes and automated procedures are extensive, the owners remain hands - on and Damascus Bakeries maintains the artisan quality for which it is known.

Mr Clarke himself has said publicly he would like to remain in the job even under new owners, to finish the job of reinvigorating a company that had lost its way.

Exelon spokesperson Jill Lyon says her company is now discussing the remaining transition items to finalize their purchase of FitzPatrick with the Oswego County plant's current owner Entergy.

That's meant that the so - called LLC loophole — an industry favorite that allows property owners and other private interest groups to pour unlimited amounts of cash into political campaigns though multiple limited liability companies — has remained in place.

An intensive assistance of the remaining motivated students will allow a basic assessment of the demands on entrepreneurs and company owners (the necessary «ability») and therefore a safe selection and support of the «high potentials.»

The owner of the company was part owner of my former sponsor Vital Strength, so while it may seem like I have «jumped ship» with my sponsorship, I have in fact remained loyal to the driving force and innovator from my previous sponsor in teaming up with Red Back and Lady Bird.

Dame Judi Dench (Die Another Day, The Importance of Being Earnest) plays eccentric 70 - year - old owner of the company, Laura Henderson, recently widowed and wanting to do something exciting with her remaining years.

Thanks to its competitive price, low running costs, comfort, efficiency and reliability, the Avensis remains a favourite of company car owners and taxi drivers alike.

Toyota has had its fair share of recalls over the past few years, but the company's swift action to correct potential problems means owner confidence remains strong.

Commuted Settlement Should immediate liquidity of remaining cash value be desired by the owner or a lump sum death benefit be desired by the beneficiary (ies), Bankers Life Insurance Company is willing to process a commuted settlement

Individuals do not negotiate with the owner of the structured settlement (usually an insurance company) but do so with a third party willing to buy all or part of the remaining settlement, known as the funder.

This would ensure that the remaining business owners have the funds to buy the company interests of a deceased owner at a previously agreed upon price.

The last one was completed less than a year ago; bondholders converted all remaining non-bank debt to equity, with previous equity owners retaining only a sliver of the recapitalized company.

Bimeda and its employees remain committed to the company ethos of Global Excellence in Animal Health and to providing animal health professionals and companion animal owners with the products and services which promote optimum animal health and productivity.

© Aqua Vision Dive Company Ltd. - All images, styles, text and other content remain the property of Aqua Vision and may not be reproduced in any form without written consent of the owner.

© Aqua Vision Diving Company Ltd. - All images, styles, text and other content remain the property of Aqua Vision and may not be reproduced in any form without written consent of the owner.

© Aqua Vision Dive Company Ltd. - All images, styles, text and other content remain the sole property of Aqua Vision and may not be reproduced in any form without written consent of the owner.

Statoil — which is operator and majority owner with a 75 % interest in the project together with Masdar, Abu Dhabi's renewable energy company, which holds the remaining 25 % — signed the NKr2bn ($ 236m) final investment decision in 2015, with the stated expectation of achieving a per - megawatt cost reduction as great as 70 % compared to Hywind 1, switched on in 2009.

The London - listed tobacco giant has outlined plans for a merger with Reynolds American, the owner of Camel cigarettes, by purchasing the remaining 57 % of the US company it does not already own.

You want to require the remaining owners (or the company) to purchase the business interests of an owner who becomes disabled, retires or dies, so that there is a market for those business interests.

For instance, a life insurance contract can be structured in such a way to ensure that the remaining business owners have the funds to buy the company interest of a deceased owner at a predetermined price.

Unclaimed property is generally defined as a liability that a company («holder») owes to an individual or entity («owner») when a debt or obligation remains outstanding after a specified period of time.

The annual premium is less expensive, and remains level through the life of the policy, Companies will compare the cost of the policy to financial loss they would experience if the business owner were to pass away.

These agreements are crucial for small and closely held companies, as in many cases, the death or disability of a business owner creates a significant financial burden on the business as well as the remaining partners.

This would ensure that the remaining business owners have the funds to buy the company interests of a deceased owner at a previously agreed upon price; this arrangement allows the owners to keep the business while the family still gets the money.

With a participating whole life policy, after all the claims and expenses of the insurance company have been paid for a given policy year, the policy owner is entitled to «participate» in any surplus that remains.

This would ensure that the remaining business owners have the funds to buy the company interests of a deceased owner at a previously agreed upon price; this arrangement allows the owners to keep the business while the family still gets money.

Realty Executives International majority owner and CEO David Tedesco recently acquired all of the remaining shares of the company from former president and co-owner Rich Rector.

Paul D. Johnson has acquired shares in the company, while Gregory Clarke, former broker / owner of Royal LePage Village (Dollard - des - Ormeaux), will remain a shareholder in the brokerage.

«This demonstrates a desire for companies to remain and grown in properties owned and managed by a hands - on, Class A owner and is also another indicator of firms taking advantage of an improving overall economy.»

In some cases this situation has created an environment where the only reason a broker remains the owner of a real estate company is because he or she can't get out.

Forster and Polidoro are sole owners of the brokerage, succeeding former owner Ron Morrison, who will remain with the company in a sales capacity.

Texas allows licensed real estate brokers to use a drone to capture property images in connection with the marketing, sale, or financing of real property, and insurance company employees or affiliates may capture images using an unmanned aircraft in connection with an insurance policy or claim regarding real property or a structure on property.14 In Louisiana, the use of a drone for the purpose of spying upon others or otherwise invading the privacy of others is a criminal offense.15 Use of a drone in the space above property with intent to conduct surveillance constitutes «remaining in or upon property» or «entering upon immovable property» under the offense of criminal trespass.16 South Dakota passed a law making it a misdemeanor to land a drone on lands or water of another resident.17 The owner or lessee of the drone is liable for damage resulting from a forced landing of the drone.18 In Oregon, a property owner may bring a claim for invasion of privacy against a drone operator who flies over their property without permission (unless the drone operator complied with FAA requirements).19

There is often discussion and debate on the issue of the enclosure of patios or balconies in sectional title schemes and whether they become part of the section of the owner (in which case his participation quota will be higher) or whether it remains part of the common property but for his exclusive use, says Michael Bauer, General Manager of the property management company, IHFM.

Linda Horton, former owner of Kalwest Realty will remain with the new company in a selling capacity.

Darch Oborne, the former owner of Century 21 Moving Real Estate, has been with the company since 1995 and remains on board as the managing broker until Beech completes his broker's license.