Indirect interest definition

Indirect interest means a personal interest in the persons involved in a matter before the agency that is in conflict with the discharge of the agency member's or employee's duties;
Indirect interest means an interest, claim, right, legal share, or other financial stake in a person that is determined by the Commission to exist by virtue of a financial or other interest in another person.
Indirect interest means any contract in which the Commission member is interested but not directly so, but includes contracts where the Commission member is directly interested but is the sole supplier of goods or services.

Examples of Indirect interest in a sentence

  • O n execution of a Deed of Adherence, and provided that the other requirements of this Agreement or Deed of Waiver and Termination, as the case may be, have been complied with in relation to any transfer of Shares or an Indirect Interest to it, the New Party shall enjoy all rights and benefits and shall be bound by a ll obligations under this Agreement in all respects as if it were a Party.

  • On execution of a Deed of Adherence, and provided that the other requirements of this Agreement have been complied with in relation to any transfer of Shares or an Indirect Interest, the New Party shall enjoy all rights and benefits and shall be bound by all obligations under this Agreement in all respects as if it were a Party.

  • Notwithstanding the foregoing, no provision of this Agreement shall impose or be construed as imposing any limitation on any Transfer of any ownership interest in Peninsula Pacific Entertainment, LLC (“P2E”), or any entity that owns a Direct or Indirect Interest in P2E, or with regard to any of the foregoing entities, a successor by merger, consolidation, sale of assets or otherwise, to all or a substantial portion of the assets or business.

  • Notwithstanding the foregoing, no provision of this Agreement shall impose or be construed as imposing any limitation on any Transfer of any ownership interest in CDIHC, LLC (“CDIHC”), or any entity that owns a Direct or Indirect Interest in CDIHC, or with regard to any of the foregoing entities, a successor by merger, consolidation, sale of assets or otherwise, to all or a substantial portion of the assets or business.

  • Disclosing Party is selling at auction its Indirect Interest in 000 Xxxxx 00 Xxxxx, Xxxxxxxxxx, XX 00000 (Block 106, Lots 1, 2-7, 9-12) (the “Property”) which is owned by Tower Real Estate Holdings, L.L.C. (“Borrower”), to wit the 100% membership interest (the “Pledged Equity Interest”) in Borrower of Xxxxx Xxxxxx (the “Pledgor”).


More Definitions of Indirect interest

Indirect interest means a personal interest in the persons involved in a matter before the Agency that is in conflict or gives the appearance of conflict with the discharge of the Agency member’s or employee’s duties;
Indirect interest means an interest in which legal title is held by another as trustee or other representative capacity, but the equitable or beneficial interest is held by the person required to file under Ch. 112, Part III, F.S.
Indirect interest means any shares in any Subsidiary of the Ultimate Investor or the Slovak Republic where all or substantially all assets held directly or indirectly by such Subsidiary are the Shares and the assets relating to the direct or indirect holding of the Shares (including intra-group loans), save for shares in a Subsidiary which is a publicly traded company;
Indirect interest means a personal interest in the persons involved in a matter before the commission that is in conflict with the discharge of the commission member's or employee's duties;
Indirect interest means: One, or more, of the following between the parties mentioned in either 5.2(a) and (b); or 5.2(c):
Indirect interest means the holding, by a person, of an interest in a company by way of holding shares in another company that holds shares in that company; ‘interest-bearing debt’ means any debt
Indirect interest means any investment or interest owned by the spouse or dependent child of an Association official, by an agent on behalf of an official, or by a business entity or trust in which the official, the official’s spouse, dependent children, or agent own directly, indirectly, or beneficially a ten (10) percent interest