Minority Owner definition

Minority Owner means an owner of a professional organization:
Minority Owner has the meaning given in clause 10.3(a)(iv).
Minority Owner means, with respect to any Subsidiary of the Borrower, any Person (other than a Group Member) who or which directly owns on the Closing Date any Equity Interests in such Subsidiary.

Examples of Minority Owner in a sentence

  • However, if replacement of the management agent is warranted and the Development received points for Minority Owner Business Enterprise (MBE) or Woman Owned Business Enterprise (WBE), the new management must also satisfy these criteria.

  • However, if replacement of the management agent is warranted prior to the expiration of the two-year period and the Development received points for Minority Owner Business Enterprise (MBE) or Woman Owned Business Enterprise (WBE), the new management must also satisfy these criteria.

  • Miller, What Buy-Out Rights, Fiduciary Duties, and Dissolution Remedies Should Apply in the Case of the Minority Owner of a Limited Liability Company?, 38 HARV.

  • The Act exempts interests owned by a governmental body.What Happens if a Minority Owner Does Not Agree on Development of Minerals?Michigan law has provisions to protect the rights of owners or lessees of minerals in cases where not all owners of minerals in a tract agree on terms for development.

  • Pursuant to a PRC court order dated 15th May, 2007, a liquidation team (comprising representatives of the Company and the Minority Owner, and a PRC liquidator) was appointed by the PRC court on 15th May, 2007.

  • Hightimes and the Escrow Agent shall have delivered the signed Majority Owner Escrow Agreement and Minority Owner Escrow Agreement to the respective Owners.

  • The Minority Owner hereby severally represents and warrants to Hightimes, solely as to the matters relating specifically to the Minority Owner set forth in Section 5.02, Section 5.04, Section 5.05, Section 5.06, and Section 5.22 below (collectively, the “Minority Owner Representations”).

  • In cases involving the death of a Minority Owner, which does not result in a change in General Manager, if HMA approves the heir as new Minority Owner, then HMA and DEALER will simply amend the current Agreement to reflect the new minority ownership.

  • Always maintain the ability to leave unscathed.25 Selling or Becoming a Minority Owner Summary and Thoughts.

  • Sealed Copy Notice of Application to Lands Tribunal for an order for sale in favour of Main Lucky Enterprises Limited (Applicant (The Majority Owner)) and Silver Master Limited (Respondent (The Minority Owner)) vide Memorial No. 12122402060034 dated 12th December 2012 (Remarks: under Land (Compulsory Sale for Redevelopment) Ordinance LDCS 56000/2012); 3.


More Definitions of Minority Owner

Minority Owner means any Person that owns less than 51% of the Capital Securities of any Restricted Subsidiary.
Minority Owner has the meaning given to it in Section 5.2(c). “Minority NSR” has the meaning given to it in Section 5.2(c).‌
Minority Owner means any Person, other than a Credit Party, that owns less than 51% of the Capital Securities of any Restricted Subsidiary. "Minority Owner Pledge Agreement" a Pledge Agreement to be executed and delivered by a Minority Owner, in substantially the form of the Credit Party Pledge Agreement with such changes as the Administrative Agent may reasonably request, as said Agreement shall be modified and supplemented and in effect from time to time.
Minority Owner means HHC One Park Boulevard, LLC, a Delaware limited liability company.
Minority Owner means, with respect to any Real Estate Project, any Person(s) holding a minority ownership interest in any Project Level Entity formed on account of a joint venture with the Borrower or any Subsidiary of the Borrower.
Minority Owner means any Current Owner who is not a Primary Owner.

Related to Minority Owner

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.