Conflicting interest shall have the meaning specified in Section 310(b) of the Trust Indenture Act and the Trustee shall comply with Section 310(b) of the Trust Indenture Act; provided that there shall be excluded from the operation of Section 310(b)(1) of the Trust Indenture Act with respect to the Securities of any series any indenture or indentures under which other securities, or certificates of interest or participation in other securities, of the Company are outstanding, if the requirements for such exclusion set forth in Section 310(b)(1) of the Trust Indenture Act are met. For purposes of the preceding sentence, the optional provision permitted by the second sentence of Section 310(b)(9) of the Trust Indenture Act shall be applicable.
Conflicting interest means the interest a director has respecting a transaction effected or proposed to be effected by the corporation or any other entity in which the corporation has a controlling interest if:
Conflicting interest with respect to a corporation means the interest a director of the corporation has respecting a transaction effected or proposed to be effected by the corpo- ration, or by a subsidiary of the corporation or any other entity in which the corporation has a controlling interest, if:
Examples of Conflicting interest in a sentence
Conflicting interest with the petroleum industry can therefore be a reality.Based on this environmental perspective, we will make recommendations inter alias on which entity (“competent authority”) and which legal instrument (existing legislation or new legislation) are most suitable to fulfill the Directive’s requirements.
More Definitions of Conflicting interest
Conflicting interest means an interest in proceeds, held by a person other than an assignee, that is either of the following:
Conflicting interest means the special interest the Director has with respect to a transaction due to the fact that the Director or a Related Person has a financial or non-financial interest in, or is otherwise closely linked to, the transaction, and such interest is of such significance to the Director or a Related Person that the interest would reasonably be expected to interfere with the Director's judgment if he were called upon to vote on the transaction.
Conflicting interest shall have the meaning specified in Section 310(b) of the Trust Indenture Act.
Conflicting interest means an interest in proceeds, held by a person other than an assignee, that is:
Conflicting interest means the special interest the Board member has with respect to a transaction due to the fact the Board member or a Related Person has a financial or non-financial interest in, or is otherwise closely linked to, the transaction, and such interest is of such significance to the Board member or a Related Person that the interest would reasonably be expected to interfere on the Board member’s judgement if he were called upon to vote on the transaction.
Conflicting interest means:
Conflicting interest shall have the meaning specified in Section 310(b) of the Trust Indenture Act and the Trustee shall comply with Section 310(b) of the Trust Indenture Act; provided, however, that there shall be excluded from the operation of Section 310(b)(1) of the Trust Indenture Act with respect to the Securities of any series the Indenture of the Company dated as of June 15, 1994, if applicable, this Indenture with respect to the Securities of any series other than that series, and any other indenture or indentures under which other securities, or certificates of interest or participation in other securities, of the Company are outstanding, if the requirements for such exclusion set forth in Section 310(b)(1) of the Trust Indenture Act are met. For purposes of the preceding sentence, the optional provision permitted by the second sentence of Section 310(b)(9) of the Trust Indenture Act shall be applicable.