Legal or equitable interest definition

Legal or equitable interest means possessing a legal or equitable interest in real property, including but not limited to a leasehold interest.
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Legal or equitable interest means any property or benefit, tangible or intangible, which has an actual or potential monetary value for the filer, spouse, or minor child without regard to whether the filer, spouse, or minor child holds possession or title to the interest. For example, if a labor organization officer and spouse jointly own an accounting business that provides tax services to a number of clients, including the officer's labor organization or an employer whose employees the labor organization represents or is actively seeking to represent, the officer holds a legal interest in the company providing the services. Similarly, if a labor organization officer forms a tax preparation business with two partners and puts his or her share of the business in their spouse's name and the business prepares tax returns and LM reports for the officer's labor organization, the officer holds an equitable interest in a business that deals with his or her labor organization.
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Legal or equitable interest means every legal and equitable interest, title, estate, tenancy and right of possession recognized by law or equity, including, but not limited to, freeholds, life estates, future interests, condominium rights, time-share rights, leaseholds, easements, licenses, liens, deeds of trust, contractual rights, mortgages, security interests, and any right or obligation to manage or act as agent or trustee for any person holding any of the foregoing.
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Examples of Legal or equitable interest in a sentence

  • Legal or equitable interest, whether actually or constructively held, in a firm, including when such interest is held through an agent, trust, estate or holding entity.

  • Legal or equitable interest, whether actually or constructively held, in a firm, including when such interest is held through an agent, trust, estate, or holding entity.

  • Legal or equitable interest, whether actually or constructively held, in a firm, including when such Interest is held through an agent, trust, estate, or holding entity.

  • Ownership Interest” – Legal or equitable interest, whether actually or constructive held, in a firm, including when such interest is held through the agent, trust, estate or holding entity.

  • Legal or equitable interest, whether actually or constructively held, in a firm, including when such interest is held through an agent, trust,estate or holding entity.

  • Measurement date March 31, 2020Net pension assets/(liability) Village's portion of the Plan's total$ (1,293,029)net pension asset/(liability) 0.4883% For the year ended May 31, 2020, the Village recognized pension expenses of $200,950 for ERS.

  • Legal or equitable interest, whether actually or constructively held, in a firm, including when such interest is held through an agent, trust, estateor holding entity.

  • Legal or equitable interest does not include any interest over which the owner of the interest exercises only ministerial control or from which the owner of the interest derives no tangible benefit.

  • Legal or equitable interest, whether actually orconstructively held, in a firm, including when such interest is held throughan agent, trust, estate or holding entity.

  • Legal or equitable interest, whether actually or constructively held, in a firm, including when such interest is held through an agent, trust, estate orholding entity.

Related to Legal or equitable interest

  • legal or administrative action means any legal proceeding or arbitration and any administrative or regulatory action or investigation;

  • BL or B/L means Bill of Lading"BL or B/L" means Bill of Lading "CD" means Custom Duty"CD" means Custom Duty

  • School or We or Us means Notre Dame School Cobham as now or in the future constituted (and any successor). The School is constituted as a charitable company limited by guarantee.

  • BL or B/L means Bill of Lading"BL or B/L" means Bill of Lading "CD" means Custom Duty"CD" means Custom Duty

  • Physical or mental impairment means (a) any physiological disorder or condition, cosmetic disfigurement, or anatomical loss affecting one or more of the following body systems: neurological; musculoskeletal; special sense organs; respiratory, including speech organs; cardiovascular; reproductive, digestive, genito-urinary; hemic and lymphatic; skin; and endocrine; or (b) any mental or psychological disorder, such as mental retardation, organic brain syndrome, emotional or mental illness, and specific learning disabilities.

  • Principal or Representative means a principal, owner, partner, shareholder, joint venturer, investor, member, trustee, director, officer, manager, employee, agent, representative or consultant.

  • Victim or target of Nazi persecution means any individual persecuted or targeted for persecution by

  • Mental or Nervous Disorder means any disease or condition, regardless of whether the cause is organic, that is classified as a Mental or Nervous Disorder in the current edition of International Classification of Diseases, published by the U.S. Department of Health and Human Services, is listed in the current edition of Diagnostic and Statistical Manual of Mental Disorders, published by the American Psychiatric Association or other relevant State guideline or applicable sources.

  • 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.

  • Total organ dose equivalent (TODE) means the sum of the deep dose equivalent and the committed dose equivalent to the organ receiving the highest dose as described in 641—40.86(1)“f.”

  • Experimental or Investigative means treatments, devices or prescription medications which are recommended by a Physician, but are not considered by the medical community as a whole to be safe and effective for the condition for which the treatments, devices or prescription medications are being used. This includes any treatments, procedures, facilities, equipment, drugs, drug usage, devices, or supplies not recognized as accepted medical practice, and any of those items requiring federal or other governmental agency approval not received at the time services are rendered.

  • EXPERIMENTAL OR INVESTIGATIONAL means any healthcare service that has progressed to limited human application, but has not been recognized as proven and effective in clinical medicine. See Experimental or Investigational Services in Section 3 for a more detailed description of the type of healthcare services we consider experimental or investigational.

  • Imputed Interest means any interest imputed under Section 1272, 1274 or 483 or other provision of the Code and any similar provision of state and local tax law with respect to the Corporate Taxpayer’s payment obligations under this Agreement.

  • Juristic Person means a partnership, association, trust, body corporate, company, close corporation or other legal or juristic person;

  • Total effective dose equivalent (TEDE) means the sum of the deep dose equivalent for external exposures and the committed effective dose equivalent for internal exposures.

  • 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.

  • Commercial or marketing purpose means the sale of student data; or its use or disclosure for purposes of receiving remuneration, whether directly or indirectly; the use of student data for advertising purposes, or to develop, improve, or market products or services to students.

  • Total organic carbon or “TOC” means total organic carbon in mg/L measured using heat, oxygen, ultraviolet irradi- ation, chemical oxidants or combinations of these oxidants that convert organic carbon to carbon dioxide, rounded to 2 significant figures.

  • Prospective International Interest means an interest that is intended to be created or provided for in an object as an international interest in the future, upon the occurrence of a stated event (which may include the debtor’s acquisition of an interest in the object), whether or not the occurrence of the event is certain;

  • Legislative or administrative interest means an economic interest, distinct from that of the general public, in:

  • Affiliated interest means a person or corporation as defined in RCW 80.16.010.

  • Economic damages means objectively verifiable monetary losses, including medical expenses, loss of earnings, burial costs, loss of use of property, cost of replacement or repair, cost of obtaining substitute domestic services, loss of employment, and loss of business or employment opportunities.

  • LD or L/D means Liquidated Damages"LD or L/D" means Liquidated Damages "LSI" means Large Scale Industry"LSI" means Large Scale Industry

  • Legitimate Interest means the interest of our business in conducting and managing our business to enable us to give you the best service/product and the best and most secure experience. We make sure we consider and balance any potential impact on you (both positive and negative) and your rights before we process your personal data for our legitimate interests. We do not use your personal data for activities where our interests are overridden by the impact on you (unless we have your consent or are otherwise required or permitted to by law). You can obtain further information about how we assess our legitimate interests against any potential impact on you in respect of specific activities by contacting us.

  • Tribunal means any state, commonwealth, federal, foreign, territorial, or other court or government body, subdivision agency, department, commission, board, bureau or instrumentality of a governmental body.

  • Total Percentage Interest means, with respect to any Partner, the quotient obtained by dividing the number of Units (vested or unvested) then owned by such Partner by the number of Units then owned by all Partners.