Qualified interest definition
Qualified interest means a settlor's interest in a qualified self-settled spendthrift trust, to the extent
Qualified interest means, in the case of the Corporation, a general partnership interest in the Fund, and in the case of all other persons, a limited partnership interest in the Fund.
Qualified interest means the interest of a settlor of a qualified self-settled spendthrift
More Definitions of Qualified interest
Qualified interest means a settlor's interest in a qualified self-settled spendthrift trust, to the extent that such interest entitles the settlor to receive distributions of income, principal, or both, in the sole discretion of an independent qualified trustee. A settlor may have a qualified interest in a qualified self-settled spendthrift trust and also have an interest in the same trust that is not a qualified interest, and the rules of § 64.2-747 shall apply to each interest of the settlor in the same trust other than the settlor's qualified interest.
Qualified interest means a settlor's interest in a qualified self-settled trust that is a
Qualified interest means any interest in shares in any company which, whether directly or indirectly, confers in aggregate on the holders thereof 75 (seventy five) per cent plus one vote or more of the total voting rights at all general meetings or confers other corresponding benefits attached to the shares in issue at the relevant time in the proportion aforesaid;
Qualified interest means the interest of a settlor in a qualified self-settled
Qualified interest means a direct or indirect (A) majority equity or other interest, (B) minority equity or other interest provided that one of the current or past joint venture partners of API set forth on Exhibit B-2 ("Qualified Equity Owners") maintains a majority interest or (C) minority equity or other interest provided that a third party consented to in writing by Cendant ("Approved Equity Owner") maintains a majority interest.
Qualified interest means: (i) any interest owed on any indebtedness where a majority of the lenders of the original principal amount loaned with respect to such indebtedness at the time it was incurred were Third Parties; or (ii) any Effective Interest owed with respect to an Affiliate Loan to the extent that such Effective Interest does not exceed an annual rate of fifteen percent (15%), compounded monthly.
Qualified interest means a grantor’s interest in a qualified self-settled spendthrift trust, to the extent that such interest entitles the grantor to receive distributions of income, principal, or both, in the sole discretion of an independent qualified trustee. A grantor may have a qualified interest in a qualified self-settled spendthrift trust and also have an interest in the same trust that is not a qualified interest, and the rules of section five hundred five of this article shall apply to each interest of the grantor in the same trust other than the grantor’s qualified interest.