Material Interests definition

Material Interests means the following interests of Adastra: (i) a joint venture interest in a cobalt and copper tailings re-treatment project located 25 kilometres outside the town of Kolwezi, situated in the copper belt region of the DRC; (ii) an exclusive option to submit a proposal for redevelopment of the Kipushi zinc-copper mine located near the town of Kipushi, adjacent to the border of Zambia about 30 km from Lubumbashi within the DRC; (iii) a 100% mineral property interest in the Solwezi prospecting licence; and (iv) mineral property interests in Angola, comprised of two licences awarded to Endiama (one being a prospecting licence covering an area of approximately 2,690 square kilometres in the Cuango River floodplain, and the other being an exploitation licence covering an adjacent area of approximately 246 square kilometres north of Cafunfo, with both licences being in the Provinces of Luanda-Norte and Malange) with the respective exploration and exploitation rights to be exercised in a joint venture between Adastra and Endiama.
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Material Interests means direct or indirect beneficial ownership (as defined in Rule 13d-3 under the Securities Exchange Act of 1934) of voting securities or other voting interests representing at least 5% of the outstanding voting power of a Person or equity securities or other equity interests representing at least 5% of the outstanding equity securities or equity interests in a Person.
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Material Interests has the meaning ascribed thereto in Section 7(p);
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Examples of Material Interests in a sentence

  • Further to clause C.7 (Material Interests), at times a conflict of interest may arise between two or more of our customers or between our interests (or our Associates’ interests) and our customers.

  • The Parties recognize and agree that nothing in this Agreement is intended to nor shall be interpreted to limit the ability of the individual members of the City Council and the Board of Supervisors to exercise their discretion in whatever manner appropriate.

  • Material Interests of Certain Persons...........................26 4.23.

  • Material Interests of Certain Persons........................12 Section 2.15.

  • The Company acknowledges and agrees that the Bank may provide their services under this Agreement and earn (and retain) all fees payable under this Agreement, notwithstanding the existence of Material Interests within the Bank and its associates.

  • The BOARD shall require their President & CEO and Directors to complete an executed Disclosure of Material Interests in writing on the form attached hereto as Exhibit “B” once annually for each of the five (5) years.

  • In the event of any such termination, ▇▇▇▇▇▇▇▇▇ shall, subject to clause 6 and 8 (Communications and Material Interests), be free to act for any other person in connection with the subject matter of the Engagement.

  • Material Interests of Certain Persons......................................................34 SECTION 4.24.

  • The provisions of this clause 17 apply to the Material Interests of an Alternate Director, but an Alternate Director does not have a Material Interest solely by reason of the fact that the Director who has appointed the Alternate Director has a Material Interest and vice versa.

  • Material Interests of Certain Persons................................27 5.19.

Related to Material Interests

  • Material Interest means direct or indirect beneficial ownership (as defined in Rule 13d-3 under the Exchange Act) of voting securities or other voting interests representing at least ten percent (10%) of the outstanding voting power of a Person or equity securities or other equity interests representing at least ten percent (10%) of the outstanding equity securities or equity interests in a Person.

  • 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 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 financial interest means a personal and pecuniary interest, direct or indirect, accruing to a public servant or spouse, either individually or in combination with each other. Notwithstanding the foregoing, the following shall not be deemed to be a material financial interest with respect to a business with which a public servant may be associated:

  • Material Indebtedness means Indebtedness (other than the Loans and Letters of Credit), of any one or more of the Company and its Subsidiaries in an aggregate principal amount exceeding $50,000,000.