Interested Member definition

Interested Member means any Person, including its Affiliates and Associates (other than the Company and any direct or indirect majority-owned subsidiary of the Company), that is, or was at any time within the three-year period immediately prior to the date in question, the Owner of 15% or more of the outstanding voting shares of the Company; provided, however, that the term “Interested Member” shall not include any person whose ownership of shares in excess of the 15% limitation set forth herein is the result of action taken solely by the Company; provided that such person shall be an Interested Member if thereafter such person acquires additional voting shares of the Company, except as a result of further corporate action not caused, directly or indirectly, by such person. For the purpose of determining whether a person is an Interested Member, the voting shares of the Company deemed to be outstanding shall include shares deemed to be owned by the person through application of (viii) of this subsection but shall not include any other unissued shares of such company which may be issuable pursuant to any agreement, arrangement or understanding, or upon exercise of conversion rights, warrants or options, or otherwise.
Interested Member means any person (including for this purpose any persons acting in concert with that person (as that term is defined in the Takeover Rules issued pursuant to the Irish Takeover Panel Act 1997)) that is (1) the beneficial owner, directly or indirectly, of fifteen percent (15%) or more of the voting power of the outstanding Shares entitled to vote of the Company or (2) an affiliate or associate of the Company that, at any time within the three (3) year period immediately before the date on which it is sought to be determined whether such person is an interested Member, was the beneficial owner, directly or indirectly, of fifteen percent (15%) or more of the voting power of the then outstanding Shares entitled to vote of the Company.
Interested Member means any person (other than the Company and any direct or indirect majority-owned subsidiary of the Company) that:

Examples of Interested Member in a sentence

  • As a general rule, an Interested Member who has provided professional health services to an individual whose application or provision of care is under review should not participate in the review process regarding the individual.

  • An Interested Member should not be appointed as a member of a Hearing Panel and should not participate in the Panel's deliberations or decision-making.

  • However, if the patient-physician relationship has terminated and the review process does not involve the health condition for which the individual sought professional health services,the Interested Member may participate fully in all Medical Staff Functions.

  • Individual Reviewers in Credentialing and Professional Practice Evaluation Activities An Interested Member may participate as an individual reviewer so long as a check and balance is provided by subsequent review by a Medical Staff committee.

  • BoardAs a general rule, an Interested Member may fully participate as a member of the Board when it is approving routine and favorable recommendations regarding the granting of initial appointment, reappointments, and clinical privileges.However, an Interested Member should be recused from the Board when the Board isconsidering action that will adversely affect the appointment or clinical privileges of an individual.


More Definitions of Interested Member

Interested Member means any Person (other than the Company or any Subsidiary of the Company, any employee benefit plan maintained by the Company or any Subsidiary thereof or any trustee or fiduciary with respect to any such plan when acting in such capacity) that:
Interested Member means any person (other than the Company or any Subsidiary) who or that:
Interested Member means a Member (or Affiliate of a Member) having a pecuniary interest in a transaction or claim other than a pecuniary interest resulting from such Member’s interest in the Company.
Interested Member means any Member that:
Interested Member is defined as a person who, together with any affiliates and/or associates of that person, beneficially owns, directly or indirectly, 20% or more of the issued voting shares of Xxxxxx Xxxxxxx Ltd. • Any matter submitted to the shareholders at a meeting called on the requisition of shareholders holding not less than one-tenth of the paid-up voting shares of Xxxxxx Xxxxxxx Ltd. to be approved by the affirmative vote of all of the shares eligible to vote at such meeting. These provisions could make it more difficult for a third party to acquire Xxxxxx Xxxxxxx Ltd., even if the third party's offer may be considered beneficial by many shareholders. As a result, shareholders may be limited in their ability to obtain a premium for their shares.
Interested Member means any person that is (1) the beneficial owner, directly or indirectly, of ten percent (10%) or more of the voting power of the outstanding Shares entitled to vote of the Company or (2) an affiliate or associate of the Company that, at any time within the four (4) year period immediately before the date in question, was the beneficial owner, directly or indirectly, of ten percent (10%) or more of the voting power of the then outstanding Shares entitled to vote of the Company.