local community definition

local community means any community of people living or having rights or interests in a distinct geographical area;
local community means community members who have an interest in education and the school, including neighbouring Métis settlements, First Nations and other members of the public;
local community means any community of people living, or having rights or interests, in a distinct geographical area within the coastal zone;

Examples of local community in a sentence

  • To the extent the Person is a corporation or other business entity, the principal place of business or headquarters must be in the Local Community.

  • In the event of an oversubscription for shares in the Direct Community Offering, available shares will be allocated (to the extent shares remain available) first to cover orders of natural Persons residing in the Local Community, so that each such Person may receive 100 shares, and thereafter, on a pro rata basis to such Persons based on the amount of their respective subscriptions or on such other reasonable basis as may be determined by the Stock Holding Company.

  • In making the Direct Community Offering, the Stock Holding Company will give preference to natural persons residing in the Local Community.

  • In the Community Offering, if any, shares will be available for purchase by the general public with preference given to natural persons residing in the Local Community.

  • If oversubscription does not occur among natural Persons residing in the Local Community, the allocation process to cover orders of other Person subscribing for shares in the Direct Community Offering shall be as described above for natural Persons.


More Definitions of local community

local community in relation to the Council means that body of persons comprising:
local community means a group of individuals who have settled together and continuously inherit production processes and culture or a group of individuals settled together in a village or area and under an eco-cultural system;
local community means the town or city and the county of the location of the establishment; provided, a city or town and a county may jointly constitute the “local community”;
local community. The term Local Community means the counties in which the Bank has an office.
local community means the community of a town or other urban or rural area;
local community means the county in which the video game was disseminated.
local community means the meaning assigned to it in section 1 of the MSA;