Substantial interest definition

Substantial interest means holding of a beneficial interest by an individual or his spouse or minor child, whether singly or taken together in the shares of a company, the amount paid up on which exceeds ten per cent of the paid up capital of the company; or the capital subscribed by all the partners of a partnership firm;

Substantial interest means combined ownership by you and your spouse of at least 10% of the voting stock or shares of a business entity, or that you or your spouse is a partner, limited partner, or officer of the business entity.

Substantial interest means the ownership, either legally or equitably, by an individual, the individual's spouse, or the individual's minor children, of at least 10% of the outstanding capital stock of a corporation or a 10% interest in any other business entity.

Examples of Substantial interest in a sentence

• Reserved]4.10 Substantial variance proceedings under section 4(c) of the Act.4.11 Arm’s-length proceedings.4.12 Substantial interest proceedings.

• Such proceeding shall be conducted in accordance with the procedures set forth at 29 CFR part 8.§ 4.12 Substantial interest proceedings.

• Substantial interest in the subject matter means that the interest must be direct, immediate, not remote in consequence, and must surpass the common interest of all citizens.

• Substantial interest means the person making the contribution owns or controls ten percent (10%) or more of the entity or a member of the person’s immediate family owns or controls ten percent (10%) or more of the entity or the person and his immediate family together own or control ten percent (10%) or more of the entity.

• Service brand is a promise, a series of benefits provided by enterprises for consumers, and it is also at the interest of consumers.

More Definitions of Substantial interest

Substantial interest means any pecuniary or proprietary interest, either direct or indirect, other than a remote interest.

Substantial interest means the direct or indirect ownership of more than 25% of the assets or stock of any business.

Substantial interest means the lesser of: as large an interest in a corporation, partnership, or association as that of any other shareholder, partner, or principal; or any financial or equity interest equal to or greater than five percent.

Substantial interest means the ownership, either legally or equitably, by an

Substantial interest means any of the following:

Substantial interest means a direct or indirect interest in 20 per cent. or more of the voting or equity capital or the equivalent of an undertaking;

Substantial interest means the direct or indirect legal or beneficial ownership of more than ten (10%) percent of any class of equity or similar interest.