Effective Ownership definition

Effective Ownership means the meaningful participation of Black Persons in the net value ownership, voting rights, economic interest and/or management control of mining entities;
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Effective Ownership means either:
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Effective Ownership means the meaningful participation of Black persons in the unencumbered net value ownership, voting rights, economic interest and management control of mining operations;
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Examples of Effective Ownership in a sentence

  • Mining Charter Requirement:In terms of Ownership the amended BROAD-BASED SOCIO-ECONOMIC EMPOWERMENT CHARTER of the SOUTH AFRICAN MINING and MINERALS INDUSTRY states: Effective ownership is a requisite instrument to effect meaningful integration of HDSA into the mainstream economy.

  • Effective ownership is defined in the US as less than 25% foreign ownership, across the EU as less than 49%.

  • Shift premium will be cents per hour effective January Shift premium will be ninety cents per hour effective April All regularly scheduled work, performed on Saturday and Sunday, will receive shift premium.

  • However, based on past experiences, there are three main factors which will determine the success of the plan: • Unrestricted movement and access of goods and people;• Availability of sufficient and appropriate funding that can be rapidly deployed on the ground to meet the Plan’s activities; and• Effective ownership and leadership by the Palestinian Government and coordination with its partners to ensure that all efforts and operations are efficient and have maximum impact in the shortest possible time.

  • The Company’s effective ownership interest in subsidiaries forming the Group and their principal activities are as follows: Effective ownership ratio, %Operating entity Effective ownership ratio, %Operating entity Companies marked with * are located in Crimea.

  • Effective ownership interest of 50% in BBD Partners GP is held through a subsidiary.

  • Following is the list of principal subsidiaries included in the Group: Subsidiary Country of incorporation Effective ownership at December 31, 20072006Amiantit Fiberglass Industries Ltd.

  • Subsidiaries of the Group (continued) Effective ownership Company At the annual shareholders meetings, PJSC Varyeganneft and PJSC Saratovneftegaz decided to pay dividends to preference shareholders for 2019 within the legal time limit, and these shares ceased to be voting at the reporting date.

  • Effective ownership is a special case of this type system where all validity invariants are the special context bot.

  • Effective ownership Company 1 Companies in which the Group holds interest directly and/or indirectly through its subsidiary, Russneft Cyprus Limited.


More Definitions of Effective Ownership

Effective Ownership means the meaningful participation of HDSAs in the ownership, voting rights, economic interest and management control of mining entities;
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Effective Ownership has correlative meaning to the foregoing.
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Related to Effective Ownership

  • Constructive Ownership means ownership of Shares by a Person, whether the interest in Shares is held directly or indirectly (including by a nominee), and shall include interests that would be treated as owned through the application of Section 318(a) of the Code, as modified by Section 856(d)(5) of the Code. The terms “Constructive Owner,” “Constructively Owns” and “Constructively Owned” shall have the correlative meanings.

  • Constructive Owner, “Constructively Owns” and “Constructively Owned” shall have the correlative meanings.

  • Prospective Owner shall have the meaning set forth in Section 3.10(a).

  • Ownership Change Event means the occurrence of any of the following with respect to the Company: (i) the direct or indirect sale or exchange in a single or series of related transactions by the stockholders of the Company of securities of the Company representing more than fifty percent (50%) of the total combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of Directors; (ii) a merger or consolidation in which the Company is a party; or (iii) the sale, exchange, or transfer of all or substantially all of the assets of the Company (other than a sale, exchange or transfer to one or more subsidiaries of the Company).

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Common ownership means the same or substantially similar persons or entities that maintain a

  • Ownership Percentage with respect to any Member means the percentage of ownership of a Member determined by taking the total Capital Units held by such Member divided by the aggregate total number of issued and outstanding Capital Units.

  • Ownership Change means a change in a hospital’s owner, lessor, or operator under 42 CFR 489.18(a).

  • Beneficial Ownership shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • Equity Ownership means the percentage ownership and control, exercised by individuals within an enterprise.

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Beneficial Ownership Regulation means 31 C.F.R. § 1010.230.

  • Voting Stock of any Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in the election of the Board of Directors of such Person.

  • effective control means a relationship constituted by rights, contracts or any other means which, either separately or jointly and having regard to the considerations of fact or law involved, confer the possibility of directly or indirectly exercising a decisive influence on an undertaking, in particular by:

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Termination of parental rights means the permanent elimination of all parental rights and duties, including residual parental rights and duties, by court order.

  • Constructively Own means ownership under the constructive ownership rules described in Exhibit C.

  • Deportation or forcible transfer of population means forced displacement of the persons concerned by expulsion or other coercive acts from the area in which they are lawfully present, without grounds permitted under international law;

  • Early Opt-in Effective Date means, with respect to any Early Opt-in Election, the sixth (6th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, written notice of objection to such Early Opt-in Election from Lenders comprising the Required Lenders.

  • Voting Interest With respect to any provisions hereof providing for the action, consent or approval of the Holders of all Certificates evidencing specified Voting Interests in the Trust Estate, the Holders of each Class of Certificates will collectively be entitled to the then applicable percentage of the aggregate Voting Interest represented by all Certificates equal to the ratio obtained by dividing the Principal Balance of such Class by the sum of the Class A Principal Balance and the Class B Principal Balance. Each Certificateholder of a Class will have a Voting Interest equal to the product of the Voting Interest to which such Class is collectively entitled and the Percentage Interest in such Class represented by such Holder's Certificates. With respect to any provisions hereof providing for action, consent or approval of each Class of Certificates or specified Classes of Certificates, each Certificateholder of a Class will have a Voting Interest in such Class equal to such Holder's Percentage Interest in such Class.

  • Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the Offeror's officers or a majority of the Offeror's board of directors by any means, e.g., ownership, contract, or operation of law (or equivalent power for unincorporated organizations).

  • 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.

  • Business Combination Date means the date upon which a Business Combination is consummated.

  • Voting Interests means shares of capital stock issued by a corporation, or equivalent Equity Interests in any other Person, the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even if the right so to vote has been suspended by the happening of such a contingency.

  • Continuing ownership interest means ownership of or entitlement to more than twenty five per cent of shares or capital or profits of the company;

  • Controlling ownership interested means ownership of or entitlement to more than twenty five percent of shares or capital or profits of the Company;