Effective ownership interest definition

Effective ownership interest means any person who is entitled or permitted, directly or indirectly, to share in at least twenty-five percent (25%) of the ownership interests of an entity, or to vote for or against a manager.
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Effective ownership interest means, on any date of determination, an undivided percentage interest in all then outstanding Receivables and all Related Security and Collections with respect thereto equal to the percentage computed pursuant to the following formula: E NPB - RR where: E= the Exposure. RR= the Required Reserve. NPB= the Net Pool Balance. Until the Amortization Date, the Effective Ownership Interest shall be automatically recomputed (or deemed to be recomputed) on each day prior to the Amortization Date. On and after the Amortization Date the percentage represented by the Effective Ownership Interest shall at all times be 100%.
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Examples of Effective ownership interest in a sentence

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

  • Investments in subsidiaries (cont’d)Details of the subsidiaries are as follows (cont’d): Effective ownership interest and voting interestName of companyPlace of incorporation *: The subsidiary was principally engaged in the provision of leasing business activities in Labuan and has subsequently ceased trading and became dormant during the financial year.

  • Unquoted shares, at cost 386,090 386,090 Details of the subsidiaries are as follows: Principal place of Effective ownership interest and votingName of subsidiariesbusiness Principal activitiesinterest 2021 2020% %Duopharma (M) Sendirian Berhad Malaysia Manufacturing,distribution, importing and exporting of pharmaceutical products100 100 and medicines Duopharma Manufacturing (Bangi) Malaysia Sdn.

  • The subsidiaries are listed below: Effective ownership interest Subsidiary Gikor LLC (Russia) Payment processing services Processingovyi Tsentr Rapida LLC (Russia) Payment processing services Rapida LTD (Russia) Maintenance of electronic payment systems Attenium LLC (Russia) Sub holding company On December 26, 2014 the Company entered into the agreement to sell its entire share in Contact Tsentr LLC which was acquired in October 2014 as part of Contact payment system.

  • Details of the material associates, all of which are incorporated in Malaysia, are as follows: Effective ownership interest and voting interest (%)Name of entityNature of relationship20152014Dayang Enterprise Holdings Bhd.

  • Unquoted shares, at costOrdinary shares 123,961 123,961Redeemable preference shares 62,320 62,320 186,281 186,281 Details of the subsidiaries are as follows: Name of entityPrincipal place of business/ Country ofincorporation Principal activities Effective ownership interest Sdn.

  • Subsidiary nameCountry ofincorporation Principal business activity Effective ownership interest 31 March202231 December2021Al Nahdi CareKSAClinics100%100%Sakhaa Golden Company*KSALabor Services100%100%Nahdi Investment Company** UAE Holding Company 100% 100% *On 1 October 2020, the Company acquired 100% of the shares in Sakhaa Golden for Trading and Contracting Company Limited.

  • Investment in subsidiaries - Company (continue) Effective ownership interest and voting interest (%)Name of subsidiaryPrincipal activities20152014Subsidiaries of NLSB (continue) Miri Paragon Sdn.

  • Investment in subsidiaries - Company (cont’d)Details of the subsidiaries are as follows: Effective ownership interest and voting interest Name of company 6.

  • Details of the subsidiaries are as follows: Country of Effective ownership interest andName of subsidiaryincorporation Principal activitiesvoting interest 5.

Related to Effective ownership interest

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

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

  • 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.

  • Residual Ownership Interest Any record or beneficial interest in the Class R Certificates.

  • Constructive Ownership means ownership of Shares by a Person, whether the interest in the 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.

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

  • Ownership Interests means, with respect to any entity, any ownership interests in the entity and any economic rights (such as a right to distributions, net cash flow or net income) to which the owner of such ownership interests is entitled.

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

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

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

  • Ownership Interest As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

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

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Membership Interests has the meaning set forth in the recitals.

  • 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.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • 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.

  • 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).

  • 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.

  • Partnership Interests shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Pledged Partnership Interests means all interests in any general partnership, limited partnership, limited liability partnership or other partnership including, without limitation, all partnership interests listed on Schedule 4.4(A) under the heading “Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests.

  • Non-U.S. Beneficial Ownership Certification As defined in Section 5.03(f) of this Agreement.

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

  • Beneficial Ownership Certification means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.