/Core/Portal. xxxx. For the purposes of this Certification, “Principal” means the following: if a sole proprietorship, the proprietor; if a partnership, each managing partner and each partner who is a natural person and holds a 20% or more ownership interest in the partnership; and if a corporation, limited liability company, association or a development company, each director, each of the five most highly compensated executives or officers of the private entity, and each natural person who is a direct or indirect holder of 20% or more of the ownership stock or stock equivalent of the private entity.
Appears in 3 contracts
Samples: Cash Collateral Deposit Agreement, Cash Collateral Deposit Agreement, Cash Collateral Deposit Agreement
