Indirect interest definition

Indirect interest means an interest, claim, right, legal share, or other financial stake in a person that is deemed by the board to exist by virtue of a financial or other interest in another person.
Indirect interest means a personal interest in the persons involved in a matter before the agency that is in conflict with the discharge of the agency member's or employee's duties;
Indirect interest means any contract in which the Commission member is interested but not directly so, but includes contracts where the Commission member is directly interested but is the sole supplier of goods or services.

Examples of Indirect interest in a sentence

  • Indirect interest - JMAC International Pty Ltd (ACN 615 521 705) as trustee for JMAC International Trust - 71,642 fully paid stapled securities 2.

  • Indirect interest: HUB24 Super Fund (ABN 60 910 190 523) - 59,702 fully paid stapled securities 3.

  • Indirect interest is defined as an interest in which an officer, member or employee might influence a decision or event so as to achieve gain, financial or otherwise, on behalf of a family member, friend or associate or that creates an actual or perceived monetary or personal indebtedness to any party.

  • Indirect interest in 560,258 ordinary shares held by Netwealth Investments Ltd as operator and custodian of Netwealth Wrap Service <account Heine Sight Investments Pty Ltd ATF MAM Heine Investment Trust>.

  • In applying this section, a United States partner is any United States person who holds a direct or indirect interest in the part- nership.(4) Indirect interest.


More Definitions of Indirect interest

Indirect interest means an interest in which legal title is held by another as trustee or other representative capacity, but the equitable or beneficial interest is held by the person required to file under Ch. 112, Part III, F.S.
Indirect interest means a personal interest in the persons involved in a matter before the Agency that is in conflict or gives the appearance of conflict with the discharge of the Agency member’s or employee’s duties;
Indirect interest means any shares in any Subsidiary of the Ultimate Investor or the Slovak Republic where all or substantially all assets held directly or indirectly by such Subsidiary are the Shares and the assets relating to the direct or indirect holding of the Shares (including intra-group loans), save for shares in a Subsidiary which is a publicly traded company;
Indirect interest means one or more of the following between Parties mentioned in either 1.1.17(a) and (b); or 1.1.17(c);
Indirect interest means a personal interest in the persons involved in a matter before the commission that is in conflict with the discharge of the commission member's or employee's duties;
Indirect interest means: One, or more, of the following between the parties mentioned in either 5.2(a) and (b); or 5.2(c): a. a close relationship or association; b. indirect financial interest; c. conflicting duty; d. receipt of a gift; or x. becoming an interested party. As part of the Consultant’s Proposal, the Consultant, its staff, sub- consultants, agents and servants must declare whether or not they have a conflict of interest arising from their participation in the Project, as defined. In regard, the Consultant shall sign a Conflict of Interest declaration to be submitted in accordance with the Consultant’s Proposal. The Bidder shall be deemed ineligible should any of the following conflict of interests, restrictions or prohibitions apply to the Bidder or its staff: a. Conflict between consulting activities and procurement of goods, works or non-consulting services for LHWP, b. A close business or family relationship with a member of staff or Board of Directors of the Client, involved in any part of (i) the preparation of the Terms of Reference/Scope of Services for the assignment, (ii) the selection process for the Contract, or (iii) the supervision of the Contract, unless the conflict stemming from this relationship has been resolved in a manner acceptable to the LHDA. 5.5. The Bidder must comply with the LHWP Anti-Corruption Policy. Failure to declare any potential issue in terms of the LHWP Anti-Corruption Policy and conflict of interest provisions as set out above in Clause 5.2, shall be grounds for disqualification. 5.6. Government officials and civil servants of the Kingdom of Lesotho, the Republic of South Africa, and state-owned entities are not eligible to be included as Personnel in the Bidder’s Proposal unless such engagement does not conflict with any employment or other laws, regulations, or other policies of the Kingdom of Lesotho, and they provide written evidence of approval from their head of department.
Indirect interest means any investment or interest owned by the spouse or dependent child of an Association official, by an agent on behalf of an official, or by a business entity or trust in which the official, the official’s spouse, dependent children, or agent own directly, indirectly, or beneficially a ten (10) percent interest