Material Personal Interest definition

Material Personal Interest means the Director stands to personally benefit financially or in some other material way.
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Material Personal Interest means the matter has ‘a capacity to influence the vote of a particular member or Director on the decision to be made’ (as defined in the Governance Institute of Australia’s Good Governance Guide as of 2015).
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Material Personal Interest means any direct or indirect benefit that a Director may receive that has the capacity, or would reasonably be perceived to have the capacity to materially influence that Director when casting their vote at Directors meetings, General Meetings or AGM’s; subject to the exclusions detailed in the Ruel Book.
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Examples of Material Personal Interest in a sentence

  • Each Party must use its reasonable endeavours to ensure that each of its representatives on the Partnership Executive Committee will disclose any actual or potential Material Personal Interest in an issue to be considered by the Committee under this Deed, a potential Project, or an Activity Agreement.

  • A Material Personal Interest will be treated as a Conflict of Interest under clause 2.11.


More Definitions of Material Personal Interest

Material Personal Interest has the meaning given to it in rule 10.2
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Material Personal Interest means a direct or indirect interest relating to 2
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Material Personal Interest means a material personal interest in a matter that could
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Material Personal Interest in relation to a Director means an interest being or arising out of:
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Related to Material Personal Interest

  • Personal interest means a financial benefit or liability accruing to an officer or employee or to a

  • 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;

  • Substantial interest means holding of a beneficial interest by an individual or his spouse or minor child, whether singly or taken together in the shares of a company, the amount paid up on which exceeds ten per cent of the paid-up capital of the company; or the capital subscribed by all the partners of a partnership firm.

  • 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.

  • Disclosable Pecuniary Interest means an interest of yourself, or of your partner if you are aware of your partner's interest, within the descriptions set out in Table 1 below.