Common use of Minority Interests Clause in Contracts

Minority Interests. When two or more AACS Founders, Adopters, Content Providers, Fellow Content Participants and/or AACS Online Service Providers each have an ownership interest in a third party, where and only so long as each such Founder, Adopter, Fellow Content Participant, Content Provider and/or AACS Online Service Provider owns a voting interest in ownership interests or securities of at least twenty percent (20%) and in aggregate between them own a voting interest in ownership interests or securities of more than fifty percent (50%), then each such Founder, Adopter, Fellow Content Participant, Content Provider and/or AACS Online Service Provider (a “Joint Owner”) shall be considered a Joint Owner of such third party (a “Jointly Owned Party”). Each Joint Owner, with respect to a Jointly Owned Party, shall have the following obligations:

Minority Interests. When two or more AACS Founders, Fellow Service Providers, Adopters, Content Providers, Fellow Providers and/or Content Participants and/or AACS Online Service Providers each have an ownership interest in a third party, where and only so long as each such Founder, Fellow Service Provider, Adopter, Fellow Content Participant, Participant and/or Content Provider and/or AACS Online Service Provider owns a voting interest in ownership interests or securities of at least twenty percent (20%) % and in aggregate between them own a voting interest in ownership interests or securities of more than fifty percent (50%), then each such Founder, Fellow Service Provider, Adopter, Fellow Content Participant, Participant and/or Content Provider and/or AACS Online Service Provider (a “Joint Owner”) shall be considered a Joint Owner of such third party (a “Jointly Owned Party”). Each Joint Owner, with respect to a Jointly Owned Party, shall have the following obligations:

Minority Interests. When two or more AACS Founders, Fellow Service Providers, Adopters, Content Providers, Fellow Providers and/or Content Participants and/or AACS Online Service Providers each have an ownership interest in a third party, where and only so long as each such Founder, Fellow Service Provider, Adopter, Fellow Content Participant, Participant and/or Content Provider and/or AACS Online Service Provider owns a voting interest in ownership interests or securities of at least twenty percent (20%) % and in aggregate between them own a voting interest in ownership interests or securities of more than fifty percent (50%), then each such Founder, Fellow Service Provider, Adopter, Fellow Content Participant, Participant and/or Content Provider and/or AACS Online Service Provider (a “Joint Owner”) shall be considered a Joint Owner of such third party (a “Jointly Owned Party”). Each Joint Owner, with respect to a Jointly Owned Party, shall have the following obligations:: For review only - Not for execution

Minority Interests. When two or more AACS Founders, Adopters, Content ProvidersParticipants, Fellow Content Participants Providers and/or AACS Online Service Providers each have an ownership interest in a third party, where and only so long as each such Founder, Adopter, Fellow Content ParticipantProvider, Content Provider Participant and/or AACS Online Service Provider owns a voting interest in ownership interests or securities of at least twenty percent (20%) and in aggregate between them own a voting interest in ownership interests or securities of more than fifty percent (50%), then each such Founder, Adopter, Fellow Content ParticipantProvider, Content Provider Participant and/or AACS Online Service Provider (a “Joint Owner”) shall be considered a Joint Owner of such third party (a “Jointly Owned Party”). Each Joint Owner, with respect to a Jointly Owned Party, shall have the following obligations:

Minority Interests. When two or more AACS Founders, Adopters, Content ProvidersParticipants, Fellow Content Participants Providers and/or AACS Online Service Providers each have an ownership interest in a third party, where and only so long as each such Founder, Adopter, Fellow Content ParticipantProvider, Content Provider Participant and/or AACS Online Service Provider owns a voting interest in ownership interests or securities of at least twenty percent (20%) and in aggregate between them own a voting interest in ownership interests or securities of more than fifty percent (50%), then each such Founder, Adopter, Fellow Content ParticipantProvider, Content Provider Participant and/or AACS Online Service Provider (a “Joint Owner”) shall be considered a Joint Owner of such third party (a “Jointly Owned Party”). Each Joint Owner, with respect to a Jointly Owned Party, shall have the following obligations:: For review only - Not for execution