SUBSTANTIAL EQUITY INTEREST definition

SUBSTANTIAL EQUITY INTEREST means beneficial ownership (as defined in Rule 13d-3 under the Exchange Act) of more than 20% of the equity, measured by either voting stock or aggregate equity interest, of a corporation or other legal entity.
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SUBSTANTIAL EQUITY INTEREST means any equity ownership representing beneficial ownership of five percent or more of the outstanding capital stock of TASA or any TASA Subsidiary.
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SUBSTANTIAL EQUITY INTEREST means any equity interest representing beneficial ownership of five percent or more of any class or series of the outstanding capital stock of APA.
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Examples of SUBSTANTIAL EQUITY INTEREST in a sentence

  • For purposes hereof, a "SUBSTANTIAL EQUITY INTEREST" shall mean any equity interest representing beneficial ownership of five percent or more of any class or series of the outstanding capital stock of APA.

Related to SUBSTANTIAL EQUITY INTEREST

  • Special Equity Interest means any Equity Interest that is subject to a Lien in favor of creditors of the issuer of such Equity Interest, provided that (a) such Lien was created to secure Indebtedness owing by such issuer to such creditors, (b) such Indebtedness was (i) in existence at the time the Obligors acquired such Equity Interest, (ii) incurred or assumed by such issuer substantially contemporaneously with such acquisition or (iii) already subject to a Lien granted to such creditors and (c) unless such Equity Interest is not intended to be included in the Collateral, the documentation creating or governing such Lien does not prohibit the inclusion of such Equity Interest in the Collateral.

  • Qualified Equity Interest means, with respect to any Person, any Equity Interest of such Person that is not a Disqualified Equity Interest.

  • Qualifying Equity Interests means Equity Interests of the Company other than Disqualified Stock.

  • Disqualified Equity Interest means, with respect to any Person, any Equity Interest in such Person that by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable, either mandatorily or at the option of the holder thereof), or upon the happening of any event or condition:

  • Qualified Equity Interests means all Equity Interests of a Person other than Disqualified Equity Interests.