Minority Ownership definition

Minority Ownership or “Minority Owner” means a Person, group of Persons, a Business Entity, or group of Business Entities who is an Owner of, or controls less than fifty percent (50%) of a Cannabis Business on a fully diluted basis;
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Minority Ownership means ownership interests in a Project, but with 50 percent or lower voting control of all ownership interests.
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Minority Ownership means that for:
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Examples of Minority Ownership in a sentence

  • GSI Minority Ownership Certain employees of the Company or its affiliates own 1.9% of GSI, and the remaining 4.2% of GSI is owned by investors unrelated to the Company.


More Definitions of Minority Ownership

Minority Ownership or “Minority Owner” means a person who is an owner or controls less than 50% of a Cannabis Business or on a fully diluted basis.
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Related to Minority Ownership

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

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Business entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;