Minority Owner definition

Minority Owner means an owner of a professional organization:
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Minority Owner has the meaning given in clause 10.3(a)(iv).
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Minority Owner means, with respect to any Subsidiary of the Borrower, any Person (other than a Group Member) who or which directly owns on the Closing Date any Equity Interests in such Subsidiary.
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Examples of Minority Owner in a sentence

  • However, if replacement of the management agent is warranted and the Development received points for Minority Owner Business Enterprise (MBE) or Woman Owned Business Enterprise (WBE), the new management must also satisfy these criteria.

  • All questions and/or concerns regarding guidelines and procedures should be directed to the Program administration.

  • The Act exempts interests owned by a governmental body.What Happens if a Minority Owner Does Not Agree on Development of Minerals?Michigan law has provisions to protect the rights of owners or lessees of minerals in cases where not all owners of minerals in a tract agree on terms for development.

  • All provisions of this contract are of the essence, and failure of either party to comply with any of them shall constitute a breach of contract.

  • Dillon Hollingsworth, “WNBA Shock Announce Plans To Leave Tulsa for Dallas, But Minority Owner Files Suit,” Tulsa World, http://www.tulsaworld.com/sportsextra/shock/tulsa-shock-announces-plans-to-move-to- dallas-fort-worth/article_3f774a7d-356b-540b-8ed5-a27315a07318.html, July 21, 2015 (accessed Mar.

  • Pursuant to a PRC court order dated 15th May, 2007, a liquidation team (comprising representatives of the Company and the Minority Owner, and a PRC liquidator) was appointed.

  • Pursuant to a PRC court order dated 15 May 2007, a liquidation team (comprising representatives of the Company and the Minority Owner, and a PRC liquidator) was appointed.

  • Hightimes and the Escrow Agent shall have delivered the signed Majority Owner Escrow Agreement and Minority Owner Escrow Agreement to the respective Owners.

  • Hammond, IV, and Cathe- rine J.K. Sandoval, Serving the Public Interest: Broadcast News, Public Affairs Programming, and the Case for Minority Owner- ship, in MEDIA DIVERSITY AND LOCALISM: MEANINGS AND MET- RICS 292 (Philip Napoli, ed., L.

  • Except in cases involving the death of a Minority Owner, discussed in the next sentence, the new agreement will be for a term of one (1) year.


More Definitions of Minority Owner

Minority Owner means any Person that owns less than 51% of the Capital Securities of any Borrower or any Restricted Subsidiary.
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Minority Owner means, with respect to any Real Estate Project, any Person(s) holding a minority ownership interest in any Project Level Entity formed on account of a joint venture with the Borrower or any Subsidiary of the Borrower.
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Minority Owner means HHC One Park Boulevard, LLC, a Delaware limited liability company.
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Minority Owner has the meaning given to it in Section 5.2(c). “Minority NSR” has the meaning given to it in Section 5.2(c).‌
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Minority Owner means any Person, other than a Credit Party, that owns less than 51% of the Capital Securities of any Restricted Subsidiary. "Minority Owner Pledge Agreement" a Pledge Agreement to be executed and delivered by a Minority Owner, in substantially the form of the Credit Party Pledge Agreement with such changes as the Administrative Agent may reasonably request, as said Agreement shall be modified and supplemented and in effect from time to time.
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Related to Minority Owner

  • Minority-owned business means a business that is at least 51 percent owned by one or more minority individuals who are United States citizens or legal resident aliens, or in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest in the corporation, partnership, or limited liability company or other entity is owned by one or more minority individuals who are United States citizens or legal resident aliens, and both the management and daily business operations are controlled by one or more minority individuals.

  • Minority Owned Business Enterprise or "MBE" means a firm awarded certification as a minority owned and controlled business in accordance with City Ordinances and Regulations as well as a firm awarded certification as a minority owned and controlled business by Cook County, Illinois. However, it does not mean a firm that has been found ineligible or which has been decertified by the City or Cook County.

  • Equity Owner means the direct or indirect owner of an Equity Interest. “Expiration Date” has the meaning set forth in Section 3.

  • Minority person means a person who is a citizen or lawful permanent resident of the United States and who is any of the following:

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • Minority person means a Black American, Hispanic American, Native American (including American Indian, Eskimo, Aleut, and Native Hawaiian), Asian-Indian American (including a person whose origins are from India, Pakistan, or Bangladesh), Asian-Pacific American (including a person whose origins are from Japan, China, the Philippines, Vietnam, Korea, Samoa, Guam, the United States Trust Territories of the Pacific, Northern Marianas, Laos, Cambodia, or Taiwan).

  • Unconsolidated Affiliate means, with respect to any Person, any other Person in whom such Person holds an Investment, which Investment is accounted for in the financial statements of such Person on an equity basis of accounting and whose financial results would not be consolidated under GAAP with the financial results of such Person on the consolidated financial statements of such Person.

  • Permit Holder means the Person to whom a Building Permit has been issued.

  • Majority-Owned Subsidiary means a Consolidated Subsidiary that is not wholly-owned (directly or indirectly) by the Company.

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

  • Selling Member has the meaning set forth in Section 10.5(a).