Outside Interest definition

Outside Interest has the meaning set forth in Section 5.02 hereof.

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Outside Interest means interest in any of the Material Music Copyrights which is owned by any Person (other than Parent or any of its Subsidiaries), whether such interest is an undivided interest in the copyrights in any Musical Composition or the right to receive royalties or other payments as a result of the use or exploitation of any Material Music Copyright or a combination thereof. Notwithstanding the foregoing, a writer shall not be deemed to be a holder of Outside Interests for the purposes of this Agreement, unless a writer also owns an undivided interest in the copyright in and to any Music Product.

Examples of Outside Interest in a sentence

The Executive hereby confirms that he will keep the Board informed on a continuing basis of all changes to such Outside Interests including advising the Company of any actual or potential conflict of interest which arises between any Outside Interest and the Executive’s position on the Board.
The Boards may at their sole discretion, require the Executive to resign from any Outside Interest if the Boards are of the opinion that the Outside Interest has resulted in or is reasonably likely to result in a conflict of interest or otherwise interfere with the Executive’s performance of his duties for Midway and/or MGC.
The aggregate NPS and NRR set forth on Schedule 4.20 reflects all revenues earned from the exploitation of the Compositions and Record Assets as well as all royalties, obligations and contractual benefits of whatsoever kind or nature which have been paid (or provided for) to the Writers, holders of any Outside Interest or other Persons during that period and said statement of aggregate NPS and NRR is true and accurate in all material respects.
Consent will not be given inter alia in relation to any Outside Interest which in the Company’s view gives rise to a conflict of interest, or could interfere with the efficient performance of your duties.
In addition, all Iridian Personnel are required to certify, in writing, that they have reported all Outside Interest and Outside Activities required to be disclosed or reported pursuant to the requirements of the Code.
An Outside Interest includes, but is not limited to, Employee’s or any member of Employee’s immediate family having any ownership, interest in or relationship with any Provider or receiving compensation of any kind from any Provider.
The Executive will continue to be associated with the Outside Interest during his employment period.

More Definitions of Outside Interest

Outside Interest means the proportion of the nominal amount of the issued equity share capital of a partly-owned subsidiary undertaking which is not attributable, directly or indirectly, to the Company; and

Outside Interest means any interest in any of the Compositions (other than the undivided interests in the Compositions that are being assigned to Buyer pursuant to the terms of this Agreement) which is owned by any Person, whether such interest is an undivided interest in the copyrights in any Composition or the right to receive royalties or other payments as a result of the use or exploitation of any Composition or a combination thereof. Notwithstanding the foregoing, no Writer shall be deemed to be a holder of Outside Interests for the purposes of this Agreement, unless the Writer also owns an undivided interest in the copyright in and to any Composition.

Outside Interest means membership in an organization, its board of directors, or one of its committees, or employment by another organization;

Outside Interest means a type of Conflict of Interest, which may include, but not limited to: a Contract or Transaction between SAICA and an Employee or an individual with whom an Employee has a Personal Relationship; a Contract or Transaction between SAICA and an entity in which an Employee or an individual with whom an Employee has a Personal Relationship has a Financial Interest or of which such person is a director, officer, agent, partner, associate, trustee, personal representative, receiver, guardian, custodian, conservator or other legal representative; or an Employee having an interest in a business, even though that business is unrelated to the business of SAICA and such business does not necessarily transact business with SAICA;