Substantial Owner definition

Substantial Owner means any person or persons who own or hold a twenty-five percent (25%) or more percentage of interest in any business entity seeking a FPDCC Privilege, including those shareholders, general or limited partners, beneficiaries and principals; except where a business entity is an individual or sole proprietorship, Substantial Owner means that individual or sole proprietor.
Substantial Owner means any person or persons who own or hold a twenty-five percent (25%) or more percentage of interest in any business entity seeking a County Privilege, including those shareholders, general or limited partners, beneficiaries and principals; except where a business entity is an individual or sole proprietorship, Substantial Owner means that individual or sole proprietor. All Persons/Substantial Owners are required to complete this affidavit and comply with the Cook County Wage Theft Ordinance before any Contract is awarded. Signature of this form constitutes a certification the information provided below is correct and complete, and that the individual(s) signing this form has/have personal knowledge of such information. County reserves the right to request additional information to verify veracity of informationcontained in this Affidavit.
Substantial Owner means any person or persons who own or hold a twenty-five\ percent (25%) or more percentage of interest in any business entity seeking a County Privilege, including those shareholders, general or limited partners, beneficiaries and principals; except where a business entity is an individual or sole proprietorship, Substantial Owner means that individual or sole proprietor.All Applicants/Substantial Owners are required to complete this affidavit and comply with the Child Support Enforcement Ordinance before any privilege is granted. Signature of this form constitutes a certification the information provided below is correct and complete, and that the individual(s) signing this form has/have personal knowledge of such information. Privilege Information:Contract #: County Department:Business Entity Information (INCLUDES CORPORATE APPLICANT AND CORPORATE SUBSTANTIAL OWNERS):Business Entity Name:Street Address: City:State: Zip: Phone #:Individual Applicant and Individual Substantial Owner Information (If Applicable):Last name: First Name: MI: SS# (Last Four Digits): Date of Birth: Street Address: City: State: Zip: Home Phone: ( ) - Driver’s License No: Child Support Obligation Information: The Applicant, being duly sworn on oath or affirmation hereby states that to the best of my knowledge (place an “X” next to “A”, “B”, or

Examples of Substantial Owner in a sentence

  • For purposes of this section, “Substantial Owner” means any person who owns or holds a ten percent (10%) or more percentage of interest in Vendor; where Vendor is an individual or sole proprietorship, Substantial Owner means that individual or sole proprietor.

  • No Substantial Owner has been declared in arrearage on his or her child support obligations by the Circuit Court of Cook County or by another Illinois court of competent jurisdiction.

  • The Circuit Court of Cook County or another Illinois court of competent jurisdiction has issued an order declaring one or more Substantial Owners in arrearage on their child support obligations and: (1) at least one such Substantial Owner has not entered into a court-approved agreement for the payment of all such child support for the payment of all such child support owed; or both (1) and (2).


More Definitions of Substantial Owner

Substantial Owner means any individual entitled to more than 10% of the profits of or with an interest of more than 10% in an entity, directly or indirectly.
Substantial Owner means any person or persons who own or hold a twenty-five percent (25%) or more percentage of interest in any business entity seeking a County Privilege, including those shareholders, general or limited partners, beneficiaries and principals; except where a business entity is an individual or sole proprietorship, Substantial Owner means that individual or sole proprietor. All Persons/Substantial Owners are required to complete this affidavit and comply with the Cook County Wage Theft Ordinance before any Contract is awarded. Signature of this form constitutes a certification the information provided below is correct and complete, and that the individual(s) signing this form has/have personal knowledge of such information. County reserves the right to request additional information to verify veracity of information contained in this Affidavit.
Substantial Owner means any:
Substantial Owner means a person who, after the investment, has
Substantial Owner means (1) with respect to a corporate or entity, certain persons that directly or indirectly own more than 25% of the corporation's stock (by vote or value),
Substantial Owner has the meaning given in clause 10.3(a)(iii).
Substantial Owner means the holder of any of the following: