Which person can hold more than one concurrent license issued by the board?

Regarding real estate broker licensure, applicants for a real estate broker’s license must meet the following requirements in addition to meeting the salesperson licensing requirements. An applicant must

have been actively engaged as a real estate salesperson for \_\_\_\_\_\_\_\_\_\_\_\_  immediately preceding the date of application for licensure as a real estate broker, and
have successfully completed \_\_\_\_\_\_\_ classroom or correspondence semester credit hours [\_\_\_\_\_\_ 45-hour courses, or \_\_\_\_\_\_ classroom hours] of study approved by the REB in such subjects as brokerage, real estate law, real estate investments, real estate finance, and real estate appraisal, or related approved subjects prior to the licensing examination. All applicants are required to complete the \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.

The Agent’s obligation to use its commercially reasonable efforts to place Shares hereunder shall additionally be conditioned upon the delivery to the Agent on or before the Issuance Notice Date of a certificate in form and substance reasonably satisfactory to the Agent, executed by the Chief Executive Officer, President or Chief Financial Officer of the Company, to the effect that all conditions to the delivery of such Issuance Notice shall have been satisfied as at the date of such certificate [which certificate shall not be required if the foregoing representations shall be set forth in the Issuance Notice].

This Agreement may be terminated at any time prior to the Closing:

Encouraging entities to purchase directly from the Vendor or through another agreement, when the Member has requested using the TIPS cooperative Agreement or price, and thereby bypassing the TIPS Agreement is a violation of the terms and conditions of this Agreement and will result in removal of the Vendor from the TIPS Program.

i. By the ISSUER

[a] Seller shall operate and carry on the Business only in the ordinary course and substantially as presently operated. Consistent with the foregoing, Seller shall keep and maintain the Purchased Assets in their present condition and repair [fair wear and tear excepted] and shall use all reasonable efforts consistent with good business practice to maintain the business organization of Seller intact and to preserve the goodwill of the suppliers, contractors, licensors, employees, distributors and others having business relations with the Business. In connection therewith, Seller shall not, without the prior written approval of Buyer [i] transfer or cause to be transferred from Seller any employee, or [ii] offer employment after the Closing Date to any employee of the Seller other than the Remaining Employees without the prior written consent of Buyer [iii] otherwise attempt to persuade any such person to terminate his or her relationship with Seller, other than for cause in the ordinary course of business.

  • Adjustments applicable to the Transaction: Potential Adjustment Events: Notwithstanding Section 11.2[e] of the Equity Definitions, a “Potential Adjustment Event” means an occurrence of any event or condition, as set forth in any Dilution Adjustment Provision, that would result in an adjustment pursuant to the Indenture to the “Conversion Rate” or the composition of a “unit of Reference Property” or to any “Last Reported Sale Price”, “Daily VWAP,” “Daily Conversion Value” or “Daily Settlement Amount” [each as defined in the Indenture]. For the avoidance of doubt, Dealer shall not have any delivery or payment obligation hereunder, and no adjustment shall be made to the terms of the Transaction, on account of [x] any distribution of cash, property or securities by Counterparty to holders of the Convertible Notes [upon conversion or otherwise] or [y] any other transaction in which holders of the Convertible Notes are entitled to participate, in each case, in lieu of an adjustment under the Indenture of the type referred to in the immediately preceding sentence [including, without limitation, pursuant to the fourth sentence of Section 14.04[c] of the Indenture or the fourth sentence of Section 14.04[d] of the Indenture]. Method of Adjustment: Calculation Agent Adjustment, which means that, notwithstanding Section 11.2[c] of the Equity Definitions, upon any Potential Adjustment Event, the Calculation Agent, acting in good faith and in a commercially reasonable manner, shall make a corresponding adjustment to any one or more of the Strike Price, Number of Options, Option Entitlement and any other variable relevant to the exercise, settlement or payment for the Transaction. Notwithstanding the foregoing and “Consequences of Merger Events / Tender Offers” below, if the Calculation Agent in good faith disagrees with any adjustment to the Convertible Notes that involves an exercise of discretion by Counterparty or its board of directors [including, without limitation, pursuant to Section 14.05 of the Indenture, Section 14.07 of the Indenture or any supplemental indenture entered into thereunder or the determination of the fair value of any securities, property, rights or other assets], then in each such case, the Calculation Agent will determine the adjustment to be made to any one or more of the Strike Price, Number of Options, Option Entitlement and any other variable relevant to the exercise, settlement or payment for the Transaction in a commercially reasonable manner taking into account the relevant provisions of the Indenture; provided that, notwithstanding the foregoing, if any Potential Adjustment Event occurs during the Settlement Averaging Period but no adjustment was made to any Convertible Note under the Indenture because the relevant Holder [as such term is defined in the Indenture] was deemed to be a record owner of the underlying Shares on the related Conversion Date, then the Calculation Agent shall make a commercially reasonable adjustment, as determined by it, to the terms hereof in order to account for such Potential Adjustment Event. Dilution Adjustment Provisions: Sections 14.04[a], [b], [c], [d] and [e] and Section 14.05 of the Indenture. Extraordinary Events applicable to the Transaction: Merger Events: Applicable; provided that notwithstanding Section 12.1[b] of the Equity Definitions, a “Merger Event” means the occurrence of any event or condition set forth in the definition of “Merger Event” in Section 14.07 of the Indenture. Tender Offers: Applicable; provided that notwithstanding Section 12.1[d] of the Equity Definitions, a “Tender Offer” means the occurrence of any event or condition set forth in Section 14.04[e] of the Indenture. Consequences of Merger Events / Tender Offers: Notwithstanding Section 12.2 and Section 12.3 of the Equity Definitions, upon the occurrence of a Merger Event or a Tender Offer, the Calculation Agent shall make a corresponding adjustment in respect of any adjustment under the Indenture to any one or more of the nature of the Shares [in the case of a Merger Event], Strike Price, Number of Options, Option Entitlement and any other variable relevant to the exercise, settlement or payment for the Transaction, subject to the second paragraph under “Method of Adjustment”; provided, however, that such adjustment shall be made without regard to any adjustment to the Conversion Rate pursuant to any Excluded Provision; provided further that if [x] with respect to any Merger Event or any Tender Offer, [i] [A] the consideration for the Shares includes [or, at the option of a holder of Shares, may include] shares of an entity or person that is not a corporation or is not organized under the laws of the United States, any State thereof or the District of Columbia or [B] the Counterparty to the Transaction following such Merger Event or Tender Offer will not be a corporation organized under the laws of the United States, any State thereof or the District of Columbia and [ii] Dealer determines at any time following the occurrence of such Merger Event or Tender Offer that [A] such Merger Event or Tender Offer has had or will have an adverse effect on Dealer’s rights and obligations under the Transaction or [B] Dealer will incur or has incurred an increased [as compared with circumstances existing on the Trade Date] amount of tax, duty, expense or fee to [1] acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction[s] or asset[s] constituting a commercially reasonable hedge position in respect of the economic risk of entering into and performing its obligations with respect to the Transaction or [2] realize, recover or remit the proceeds of any transaction[s] or asset[s] constituting a commercially reasonable hedge position in respect of the economic risk of entering into and performing its obligations with respect to the Transaction or [y] a Prohibited Foreign Transaction occurs, then, in the case of either clause [x] or clause [y], Cancellation and Payment [Calculation Agent Determination] may apply at Dealer’s commercially reasonable election; provided further that, for the avoidance of doubt, adjustments shall be made pursuant to the provisions set forth above regardless of whether any Merger Event or Tender Offer results in a Conversion Date occurring prior to the Free Convertibility Date [any such conversion, an “Early Conversion”].

  • 9.1.1 This Agreement may be terminated at any time prior to the Closing by the mutual written consent of each of the parties hereto.

    The respective parties hereto covenant and agree to take the following actions between the date hereof and the Closing Date:

    Il est possible de faire une offre pour des Titres ETP en Irlande, au Royaume-Uni, en Italie, en Allemagne, en France, en Espagne et aux Pays-Bas, si elle n’est pas exemptée de l’obligation de publication d’un prospectus conformément à la Régulation [EU] 2017/1129 pendant la période d’offre adéquate.

    Who can hold a concurrent license in Virginia?

    Under which circumstance can a salesperson be licensed with more than one Virginia broker? [applying for individual licenses] Salespersons cannot hold concurrent licenses only brokers can.

    Who is exempt from Virginia real estate license requirements?

    A person acting as a receiver, trustee in bankruptcy, administrator or executor, or any person selling real estate under order of any court; 5. A trustee acting under a trust agreement, deed of trust, or will, or the regular salaried employees thereof; 6.

    What is the purpose of Virginia real estate license law?

    The REB administers the real estate license law relevant to brokers and salespersons in Virginia. The REB's main responsibilities include: Creating and enforcing standards of conduct for Virginia real estate license holders. Issuing Virginia real estate licenses and regulating the license renewal process.

    What is required in order to be eligible for a Virginia salesperson's license?

    Salesperson Pre-License Education complete 60 class/clock hours of a Board-approved Pre-License Course [PDF], and. pass the state and national portions of the examination.

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