Substantial ownership definition

Substantial ownership means a percentage of ownership equal to or greater than the average percentage of ownership of all the owners, or ten percent, whichever is less.
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Substantial ownership means beneficial shareholding of ten percent by a person or by close relative; and
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Substantial ownership means a percentage of ownership equal to or greater than
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Examples of Substantial ownership in a sentence

  • Substantial ownership and effective control of M/s Air India Ltd.

  • Substantial ownership of shares, stocks or other securities or interests by any Director in any company whose business activity which are in direct competition with the Group or involves activities against the Group's interest must be reported to the Board and noted in the minutes of its Board meeting.

  • Table 4.6 Key features of air services agreements, 2021 No. Partner/ Signature Note: Soec = Substantial ownership and effective control.Erc = Effective regulatory control.

  • Substantial ownership is defined as direct or indirect shareholding interest of over 5% (five percent) of any type or class of stock representing the share capital of issuers surveyed in this report.

  • Please refer to the standards listed in LD0101 Conflict of Interest such as:• Hospital Representatives must promptly disclose any existing or new relationships that may give the appearance of a conflict of interest to the Chief Compliance Officer.• Substantial ownership in a competitor, supplier or an entity which refers patients may create a conflict of interest.

  • Substantial ownership in a competitor, supplier or an entity which refers patients may create a conflict of interest.

  • A: The Governor signed an agreement with the United States Department of Labor (USDOL), to establish the Pandemic Unemployment Assistance (PUA) program in Guam.

  • Air transport: Substantial ownership and effective control of international airlines operating scheduled services to/from New Zealand to be vested in the designating country under the respective bilateral agreements or nationals of that country.

  • Substantial ownership and effective control of Air India shall continue to be vested in Indian National.

  • Table IV.7Key features of air services agreements, 2009Partner/ Signature 5th Note: Soec = Substantial ownership and effective control.


More Definitions of Substantial ownership

Substantial ownership means a percentage of ownership equal to or greater than the average percentage of ownership of all stockholders or 10 percent; whichever is less.
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Substantial ownership means a percentage of ownership equal to or greater than the average percentage of ownership of all the owners, or ten percent, whichever is less.Statutory authority: ORS 656.726(4)Statutes implemented: ORS 656.027 , 656.039Hist: Amended 11/28/16 as WCD Admin. Order 16 -054, eff. 1/1/17 Amended xx/xx/xx as Admin. Order xx-xxx, eff. 1/1/20See also the Index to Rule History: http://wcd.oregon.gov/laws/Documents/Rule_history/436_history.pdf 436-050-0165 Security Deposit Requirements
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Substantial ownership means beneficial shareholding of 20% by a person or by close relative; and
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Substantial ownership means beneficial shareholding of more than 25% by a person and/or by his dependent family members, which will include his/her spouse, dependent lineal ascendants and descendants and dependent brothers and sisters. However, shareholding in or by the Government owned entities and financial institutions will not constitute substantial ownership, for the purpose of these regulations.
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Related to Substantial ownership

  • 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 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 Block means a number of shares of Voting Stock which have 10% or more of the aggregate voting power of all outstanding shares of Voting Stock.

  • Substantial Involvement means involvement on the part of the Government. DOE's involvement may include shared responsibility for the performance of the Project; providing technical assistance or guidance which the Applicant is to follow; and the right to intervene in the conduct or performance of the Project. Such involvement will be negotiated with each Applicant prior to signing any agreement.

  • Beneficial Ownership shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • 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;

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Substantial Holder means a Person (including, without limitation, any group of Persons treated as a single “entity” within the meaning of the Treasury Regulation Section 1.382-3) holding Corporation Securities, whether as of the Effective Date, after giving effect to the Plan, or thereafter, representing a Percentage Stock Ownership (including indirect ownership, as determined under applicable Treasury Regulations) in the Corporation of at least 4.75%.

  • Substantial Portion means, with respect to the Property of the Borrower and its Subsidiaries, Property which (i) represents more than 10% of the consolidated assets of the Borrower and its Subsidiaries as would be shown in the consolidated financial statements of the Borrower and its Subsidiaries as at the beginning of the twelve-month period ending with the month in which such determination is made, or (ii) is responsible for more than 10% of the consolidated net sales or of the consolidated net income of the Borrower and its Subsidiaries as reflected in the financial statements referred to in clause (i) above.

  • Substantial evidence means evidence that:

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • 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.

  • 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 development means any development of which the total cost or fair market value exceeds two thousand five hundred dollars, or any development which materially interferes with the normal public use of the water or shorelines of the state; except that the following shall not be considered substantial developments for the purpose of this chapter:

  • Ownership Change means a change in a hospital’s owner, lessor, or operator under 42 CFR 489.18(a).

  • Material Owned Real Property means any Mine or other real property, in each case, owned or acquired in fee by any Loan Party having a fair market value in excess of $1,000,000.

  • Substantial U.S. Market Interest means “substantial U.S. market interest” as that term is defined in Regulation S;

  • Constructive Ownership means ownership of Shares by a Person, whether the interest in Shares is held directly or indirectly (including by a nominee), and shall include interests that would be treated as owned through the application of Section 318(a) of the Code, as modified by Section 856(d)(5) of the Code. The terms “Constructive Owner,” “Constructively Owns” and “Constructively Owned” shall have the correlative meanings.

  • Substantial action means adopting, publicizing, and implementing a formal plan to cease scrutinized business operations within 1 year and to refrain from any new business operations.

  • Substantial Stockholder means any Participant who at the time of grant owns directly or is deemed to own by reason of the attribution rules set forth in Section 424(d) of the Code, Shares possessing more than 10% of the total combined voting power of all classes of stock of HSI.

  • Substantial business relationship means the extent of a business relationship necessary under applicable state law to make a guarantee contract issued incident to that relationship valid and enforceable. A guarantee contract is issued "incident to that relationship" if it arises from and depends on existing economic transactions between the guarantor and the owner or operator.

  • Substantial cause means Employee’s (1) failure to substantially perform Employee’s duties; (2) material breach of this Agreement; (3) misconduct, including but not limited to, use or possession of illegal drugs during work and/or any other action that is damaging or detrimental in a significant manner to the Company; (4) conviction of, or plea of guilty or nolo contendere to, a felony; or (5) failure to cooperate with, or any attempt to obstruct or improperly influence, any investigation authorized by the Board of Directors or any governmental or regulatory agency.

  • Substantial Change means a change to the terms of this Agreement that reduces your rights or increases your responsibilities.

  • Substantial Assistance means stand-by assistance by another person without which you would not be able to safely and completely perform the ADL.

  • Competitor means any business, individual, partnership, joint venture, association, firm, corporation or other entity, other than the Employer or its affiliates or subsidiaries, engaged, wholly or partly, in Company Activities.

  • Ownership Change Event means the occurrence of any of the following with respect to the Company: (i) the direct or indirect sale or exchange in a single or series of related transactions by the stockholders of the Company of securities of the Company representing more than fifty percent (50%) of the total combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of Directors; (ii) a merger or consolidation in which the Company is a party; or (iii) the sale, exchange, or transfer of all or substantially all of the assets of the Company (other than a sale, exchange or transfer to one or more subsidiaries of the Company).