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.

Related to Material Influence

  • Material Information means any information (Material Fact or Material Change) relating to the business and affairs of the Company that results in or would reasonably be expected to result in a significant change in the market price or value of any of the Company’s securities;

  • Material IP means any Intellectual Property that is material to the conduct of the business of the Borrower and its Restricted Subsidiaries, taken as a whole.

  • Material Intellectual Property means any intellectual property owned by any Loan Party that is, in the good faith determination of the Borrower, material to the operation of the business of the Borrower and its Restricted Subsidiaries, taken as a whole.

  • material hoist means a hoist used to lower or raise material and equipment, excluding passengers; "medical certificate of fitness" means a certificate contemplated in regulation 7(8);

  • Material Action means to consolidate or merge the Company with or into any Person, or sell all or substantially all of the assets of the Company, or to institute proceedings to have the Company be adjudicated bankrupt or insolvent, or consent to the institution of bankruptcy or insolvency proceedings against the Company or file a petition seeking, or consent to, reorganization or relief with respect to the Company under any applicable federal or state law relating to bankruptcy, or consent to the appointment of a receiver, liquidator, assignee, trustee, sequestrator (or other similar official) of the Company or a substantial part of its property, or make any assignment for the benefit of creditors of the Company, or admit in writing the Company’s inability to pay its debts generally as they become due, or take action in furtherance of any such action, or, to the fullest extent permitted by law, dissolve or liquidate the Company.