Material Influence definition
Material Influence means the individual’s ability to influence the strategy, activities or operations of an Entity or Organisation in a meaningful way.
Material Influence means beneficial ownership of or the ability to control more than 30 per cent of ordinary share capital or voting rights in the company concerned or (in the case of a person which is not a company) beneficial ownership of or an
Material Influence means the ability to influence but not control financial, sporting and operating policy decision-making. Material Influence may be gained by share ownership, voting power, constitutional documents (statute), agreement, or otherwise from the particular circumstances. For the avoidance of doubt, and without limitation, a party (or in aggregate parties with the same ultimate controlling party) is deemed to have Material Influence if it provides, within a reporting period, an amount equivalent to 30% or more of the Club’s total revenue, and the term “Materially Influenced” shall be construed accordingly.
Examples of Material Influence in a sentence
For the purpose of this definition, Material Influence shall mean having the power to participate in deciding the financial and business operation policies of a company, but such power cannot make the party control or with other parties commonly control the decision of such policies.
For the purpose of this definition, Material Influence shall mean having the power to participate in deciding the financial and business operation policies of a company, but such power can not make the party control or with other parties commonly control the decision of such policies.
More Definitions of Material Influence
Material Influence means ownership or holding of rights, directly or indirectly, which allows votes to be cast for at least 20% (TWENTY PERCENT) or more of the Shares, when such participation does not grant Control over the Company.
Material Influence means the ability to influence but not control financial, sporting and operating policy decision-making. Material Influence may be gained by share ownership, voting power, constitutional documents(statute), agreement, or otherwise from the particular circumstances. For the avoidance of doubt, and without limitation, a party (or in aggregate parties with the same ultimate controlling party) is deemed to have Material Influence if it provides, within a reporting period, an amount equivalent to
Material Influence. – shall mean the power to take part in the Company’s decisions regarding financial and operational policies, but in such a manner that does not characterize individual or joint control over said policies pursuant to Paragraph 4, Article 243 of the Brazilian Corporations Law. Material Influence may be secured by means of equity holdings, statutory dispositions, or shareholders’ agreements. If the investor maintains directly or indirectly (through controlled entities for example), twenty per cent or more of voting rights in the Company, it is presumed that they have a material influence, unless it can be clearly shown to the contrary. However, if the investor holds, directly or indirectly (for example through controlled entities), less than twenty percent of voting rights in the Company, it can be presumed that they have no material influence as a result of holding title to these participations, unless the material influence can be clearly demonstrated. The exercising of the Control by another investor does not necessarily prevent an investor having Material Influence over the Company. The existence of Material Influence can be substantiated by one or more of the following forms: (a) representation on the board of directors; (b) participation in the processes of preparing policies, including decision on dividends and other distributions; (c) material operations between the investor and the Company; (d) interchanges of officers or managers; or (e) supply of essential technical information.