Share Agreement Contract With Nike In Pennsylvania

State:
Multi-State
Control #:
US-00036DR
Format:
Word; 
Rich Text
Instant download

Description

In equity sharing both parties benefit from the relationship. Equity sharing, also known as housing equity partnership (HEP), gives a person the opportunity to purchase a home even if he cannot afford a mortgage on the whole of the current value. Often the remaining share is held by the house builder, property owner or a housing association. Both parties receive tax benefits. Another advantage is the return on investment for the investor, while for the occupier a home becomes readily available even when funds are insufficient.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

A PA in business stands for a professional association, which is a business corporation consisting of individuals providing professional services like lawyers or doctors.

“Per annum” is a Latin term that means annually or each year. When it comes to contracts, per annum refers to recurring obligations or those that occur each year throughout an agreement.

As of 2018, 24 of the 27 UVA sports teams are outfitted by Nike. One exception is the national powerhouse baseball program that currently serves as the flagship school for Rawlings.

Under the agreement, Nike will remain the exclusive athletic footwear, apparel, and accessories sponsor of all 33 varsity teams for the University of Pennsylvania. Penn has had a strong relationship with Nike dating back to 2009 when the men's and women's basketball teams first signed with Nike.

Penn Athletics and Nike first began their relationship in 2009 when both the men's and women's basketball teams signed with the retailer. Then, in 2015, Nike became responsible for equipping a much larger slate of Penn's varsity sports, as the two parties signed an all-school contract.

Nike has made 14 investments. Their latest investment was in Pensole as part of their Grant on July 20, 2022.

The remaining schools in the top 25 with Nike deals include Ohio State, Oregon, Texas, Alabama, Ole Miss, Penn State, Florida State, Missouri, LSU, Clemson, Tennessee, Oklahoma State, Kansas State, Arizona, USC and Iowa.

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Share Agreement Contract With Nike In Pennsylvania