Direct or indirect financial interest definition
Direct or indirect financial interest means, with respect to any Director, a financial benefit to (a) such Director, (b) any Affiliate of such Director, (c) such Director's employer or any of its Controlling Persons or Affiliates or (d) the Shareholder who has designated such Director as a member of the Board or any of its Controlling Persons or Affiliates.
Direct or indirect financial interest means any interest owned by a member, by individuals connected by blood relationship, marriage or adoption to a member, by any corporation, proprietorship, partnership, society, business, association, joint venture, group or syndicate in which a member or any individual connected by blood relationship, marriage or adoption to a member have any interest.
Direct or indirect financial interest means an ownership or other financial interest in a business entity; or any relationship, contractual or otherwise, which could result in a monetary or non-monetary gain to a purchaser.
Examples of Direct or indirect financial interest in a sentence
Direct or indirect financial interest in a competition or application being reviewed.
More Definitions of Direct or indirect financial interest
Direct or indirect financial interest means a legal or equitable interest in the operation of a business licensed under Chapter 306
Direct or indirect financial interest means any interest owned by a registrant, by individuals connected by blood relationship, marriage or adoption to a registrant, by any corporation, proprietorship, partnership, society, business, association, joint venture, group or syndicate in which a registrant or any individual connected by blood relationship, marriage or adoption to a registrant have any interest.
Direct or indirect financial interest means any person that has, directly or indirectly, through business, investment, or family: (1) an ownership or investment interest in any entity with which CRLC has a transaction or arrangement, (2) a compensation arrangement with CRLC or with any entity or individual with which CRLC has a transaction or arrangement, or (3) a potential ownership or investment interest in, or compensation arrangement with, any entity or individual with which CRLC is negotiating a transaction or arrangement. Compensation includes direct and indirect remuneration as well as gifts or favors that are not insubstantial. A financial interest is not necessarily a conflict of interest. A person who has a financial interest may have a conflict of interest only if the CRLC Board of Directors decides that a conflict of interest exists.
Direct or indirect financial interest as used in ORS 184.612 means an identifiable, personal pecuniary interest of an appointee that is directly or conditionally affected by the commission’s performance of its duties. It does not include a hypothetical, remote, or attenuated connection to commission projects, contracts, or funding.
Direct or indirect financial interest means, with respect to any Director, a financial benefit to (a) such Director, (b) any Affiliate of such Director, (c) such Director's employer or any of its Controlling Persons or Affiliates or (d) the Shareholder who has designated such Director as a member of the Board or any of its Controlling Persons or Affiliates. "DISINTERESTED DIRECTOR" means (a) for purposes of Sections 3.4 and 4.2(b), any Director who does not have a Direct or Indirect Financial Interest in the matter subject to consideration by the Board and (b) for purposes of Section 3.6, any Director who is neither an officer nor an employee of the Company, nor a Person employed, designated as a member of the Board or otherwise controlled by or under common control with a Shareholder or any of its Controlling Persons or Affiliates at the time such Shareholder or any of its Controlling Persons or Affiliates proposes to engage in a Business Combination with the Company.
Direct or indirect financial interest means a legal or equitable interest in the operation of a business licensed under this title; "direct or indirect financial interest" does not include a person’s right to receive
Direct or indirect financial interest. : This means an economic interest that could, or might reasonably be thought to influence the judgment or action of a corporation, partnership, or other business entity. Stock ownership need only be mentioned if you own more than five percent of all the corporation’s outstanding stock.