Person with an Ownership or Control Interest definition

Person with an Ownership or Control Interest means a person or corporation that:

Person with an Ownership or Control Interest means a person or corporation that (1) has an ownership interest totaling five percent (5%) or more of the vendor’s organization; (2) has an indirect ownership interest equal to five percent (5%) or more of the vendor’s organization; (3) has a combination of direct and indirect ownership interests equal to five percent (5%) or more in the vendor’s organization; (4) owns an interest of five percent (5%) or more in any mortgage, deed of trust, note, or other obligation secured in whole or in part by the vendor’s organization or by its property or assets, if that interest is equal to or exceeds five percent (5%) of the total property and assets of the vendor’s organization; (5) is an officer or director of the vendor’s organization (if it is organized as a corporation); or (6) is a partner in the vendor’s organization (if it is organized as a partnership).

Person with an Ownership or Control Interest means a person or corporation that: A) has an ownership interest, directly or indirectly, totaling 5% or more in the Provider; B) has a combination of direct and indirect ownership interests equal to 5% or more in the Provider; C) owns an interest of 5% or more in any mortgage, deed of trust, note, or other obligation secured by the Provider, if that interest equals at least 5% of the value of the property or assets of the Provider; or D) is an officer or director of the Provider (if organized as a corporation) or is a partner in the Provider (if organized as a partnership).

Examples of Person with an Ownership or Control Interest in a sentence

• Using the Department-specified disclosure form, and in accordance with 42 CFR 455.104, the Contractor, if organized as a corporation, shall provide disclosures for each Person with an Ownership or Control Interest in the Contractor.

• Disclosure by Individuals in Other Capacity - Although an individual or entity may not qualify as an officer, director, or partner, and need not be disclosed as a Person with an Ownership or Control Interest in the Contractor, the party may need to be disclosed as a Managing Employee in accordance with Article 6.5.1(C).

• Please provide the following information for each Managing Employee and Person with an Ownership or Control Interest in you as a Provider, or in any Subcontractor in which you as a Provider have direct or indirect ownership of 5% of more.

• For each Person with an Ownership or Control Interest listed in subsection IV(A) who also has an ownership or control interest in an organization other than that indicated in subsection IV(A), please provide the following information.

• The required information includes: The name, address, date of birth, social security number (in the case of an individual) and tax identification number (in the case of a corporation) of each Person, with an Ownership or Control Interest in the MCO or in any subcontractor in which the MCO has direct or indirect ownership of five percent (5%) or more.

More Definitions of Person with an Ownership or Control Interest

Person with an Ownership or Control Interest means a person or corporation that: (a) Has an ownership interest totaling 5 percent or more in a disclosing entity; (b) Has an indirect ownership interest equal to 5 percent or more in a disclosing entity; (c) Has a combination of direct and indirect ownership interests equal to 5 percent or more in a disclosing entity; (d) Owns an interest of 5 percent or more in any mortgage, deed of trust, note, or other obligation secured by the disclosing entity if that interest equals at least 5 percent of the value of the property or assets of the disclosing entity; (e) Is an officer or director of a disclosing entity that is organized as a corporation; or

Person with an Ownership or Control Interest. A person or corporation that: owns, directly or indirectly five percent (5%) or more of the insurer's capital or stock or receives five percent (5%) or more of its profits; has an interest in any mortgage, deed of trust, note, or other obligations secured in whole or in part by the insurer or by its property or assets, and that interest is equal to or exceeds five percent (5%) of the total property and assets of the insurer; or is an officer or director of the INSURER.

Person with an Ownership or Control Interest means a person or corporation that meets any of the following:

Person with an Ownership or Control Interest means a person or corporation that (1) has an ownership interest totaling five percent (5%) or more of the offeror’s organization; (2) has an indirect ownership interest equal to five percent (5%) or more of the offeror’s organization; (3) has a combination of direct and indirect ownership interests equal to five percent (5%) or more in the offeror’s organization; (4) owns an interest of five percent (5%) or more in any mortgage, deed of trust, note, or other obligation secured in whole or in part by the offeror’s organization or by its property or assets, if that interest is equal to or exceeds five percent (5%) of the total property and assets of the offeror’s organization; (5) is an officer or director of the offeror’s organization (if it is organized as a corporation); or (6) is a partner in the offeror’s organization (if it is organized as a partnership).

Person with an Ownership or Control Interest means a person or corporation that: (A) Has an ownership interest totaling 5 percent or more in an applicant or vendor entity;

Person with an Ownership or Control Interest means a person that:

Person with an Ownership or Control Interest means with respect to an entity, a person who: