substantial owners definition

substantial owners means any individuals entitled to more than 10% of the profits of or with an interest of more than 10% in an entity either directly or indirectly.
substantial owners mean(s) the natural person(s) having entitlement to more than 10% of an entity’s profits or possessing a participating interest of more than 10% in said entity, whether directly or indirectly.
substantial owners means any individuals entitled to more than 10% of the profits ofor with an interest of more than 10% in an entity either directly or indirectly.

More Definitions of substantial owners

substantial owners means any individuals entitled to more than ten per cent. (10%) of the profits of or with an interest of more than ten per cent. (10%) in an entity, directly or indirectly.
substantial owners has the meaning defined under local or foreign tax laws, regulatory guidance or intergovernmental cooperation agreements.
substantial owners means any individuals entitled to more than ten percent (10%) of the profits of or with an interest of ten percent (10%) or more in an entity either directly or indirectly.
substantial owners generally means any individuals entitled to more than 10% of the profits of or with an interest of more than 10% in an entity either directly or indirectly, subject always to applicable local laws.
substantial owners of any business entity shall mean each owner, partner, officer, director, stockholder and/ or Chairperson of the business entities Board of Directors owning ten percent (10%) or more interest in the business entity.
substantial owners means each person owning ten percent (10%) or more interest in the business entity.

Related to substantial owners

  • Substantial compliance means a level of compliance with these rules where any deficiencies pose no greater risk to resident health or safety than the potential for causing minor harm.

  • Substantial governmental relationship means the extent of a governmental relationship necessary under Ohio law to make an added guarantee contract issued incident to that relationship valid and enforceable. A guarantee contract is issued "incident to that relationship" if it arises from a clear commonality of interest in the event of an UST release such as conterminous boundaries, overlapping constituencies, common groundwater aquifer, or other relationship other than monetary compensation that provides a motivation for the guarantor to provide a guarantee.