De Minimis Interest definition

De Minimis Interest means an insubstantial interest, and shall equal a 0.01% interest, except as otherwise set forth in Section 2.3(g) of the Disclosure Memorandum.
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De Minimis Interest means an interest which constitutes less than one percent of the total of any class of outstanding securities of an entity.
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De Minimis Interest means an insignificant interest that would not lead reasonable persons to question a judge's impartiality. See Sections 3E(1)(c) and 3E(1)(d).
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Examples of De Minimis Interest in a sentence

  • Bank Personnel must also recuse themselves from participating in any Bank matter in which, to their knowledge, they or any member of their Immediate Family has a Financial Interest other than a De Minimis Interest, and they must inform the Chief Compliance Officer of any such recusal.

  • Testimony Confirmed That Gramercy Holds Only A De Minimis Interest In The Bonds, While Generating Fees Based On Its Own Invented Valuations35.

  • The prohibition under Rule 8(b) covers any Financial Interest in the securities of all borrowers, lenders or suppliers of the Bank whether or not Board Officials are personally involved in such transactions or relationships in the performance of their official duties, other than a De Minimis Interest in a publicly held entity.

  • Sustainability-Linked Bonds (SLBs) With De Minimis Interest Rate Adjustments Interested parties believe paragraph 6d also would inappropriately capture certain bonds with an interest coupon rate linked to sustainability goals.

  • Board Officials must also recuse themselves from participating in any Bank matter in which, to their knowledge, they or any member of their Immediate Family has a Financial Interest other than a De Minimis Interest, and they must inform the Chief Compliance Officer of any such recusal.

  • However, the prohibition under Rule 8(b)(ii)(2) does not apply to the acquisition or divestment of a De Minimis Interest in a publicly traded Relevant Entity, provided that, in respect of acquisitions or divestments of a De Minimis Interest in a publicly traded Banking Counterparty, the Chief Compliance Officer has provided a prior authorisation for any such acquisition or divestment.


More Definitions of De Minimis Interest

De Minimis Interest means any interest in real property that
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De Minimis Interest means an insignificant interest that could not raise reasonable question as to a judge’s impartiality.
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De Minimis Interest means that which constitutes (1) less than one percent of the total of any class of outstanding securities of an entity; and (2) an investment representing such a percentage of the Bank Personnel’s assets that it could not reasonably be seen as influential to his/her decision-making, or as a source of a Conflict of Interest.
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Related to De Minimis Interest

  • Company Interest means the interest of a Member in Profits, Losses and Distributions.

  • Partnership Interest means an ownership interest in the Partnership held by either a Limited Partner or the General Partner and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • Intercompany Interest means an Interest in a Debtor held by another Debtor.

  • Pecuniary Interest means the opportunity, directly or indirectly, to profit or share in any profit derived from a transaction in securities.

  • Percentage Interest means, with respect to each Note Holder, a fraction, expressed as a percentage, the numerator of which is the Note Principal Balance of the Note held by such Note Holder and the denominator of which is the sum of the Note Principal Balances of all of the Notes.

  • Contributed Property means each property or other asset, in such form as may be permitted by the Delaware Act, but excluding cash, contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to Section 5.5(d), such property shall no longer constitute a Contributed Property, but shall be deemed an Adjusted Property.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Profits Interest means an interest in the Company that is intended to be classified as a profits interest within the meaning of Internal Revenue Service Revenue Procedure 93-27 and 2001-43 (or the corresponding requirements of any subsequent guidance promulgated by the Internal Revenue Service or other Law) for U.S. federal income tax purposes, including the Class C Common Incentive Units.