Black Equity definition

Black Equity means the voting equity held by Black People from time to time;
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Black Equity means the voting Equity held by Black Shareholders from time to time;
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Black Equity the voting Equity held by Black Shareholders from time to time;
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Examples of Black Equity in a sentence

  • Henry T.C. Hu & Bernard Black, Equity and Debt Decoupling and Empty Voting II: Importance and Extensions, 156 U.

  • Hu & Bernard Black, Equity and Debt Decoupling and Empty Voting II: Importance and Extensions, 156 U.

  • Henry Hu & Bernard Black, Equity and Debt Decoupling and Empty Voting II: Importance and Extensions, 156 U.

  • Black Management Control in the Private PartyThe percentage of Management Control by Black People in the Private Party SPV should be at least commensurate with the Black Equity (passive and active) in the SPV.

  • Challenges for BEE in PPPs There nevertheless remain obstacles to achieving sustainable BEE in PPPs: ▪ There is a small pool of Black Equity in South Africa.

  • Black Equity in the Private PartyBEE must be reflected in the percentage of Black Equity in the Private Party SPV.

  • The source/s of the committed Black Equity must be substantiated by bidders and verified by the Institutions during bid evaluation.

  • Due to the difficulty of placing a value on Black Equity that is not funded through borrowing, points will not be awarded under the BEE component of the PPP bid evaluation for the assumed value of the Black Equity in the SPV.

  • However, due to the scale of funding required in some large PPP projects, or by virtue of the sector, it may be necessary to start out at an initially ‘lower’ Black Equity threshold, with milestones to grow the percentage over the project term.

  • Active Equitymeans, in relation to any Black Equity or in relation to any issued shares in the share capital of any Subcontractor held by Black People and/or Black Enterprises, in which such Black Equity or shares is/are held by Black People and/or Black Enterprises who will participate directly in the day-to-daymanagement and operations of the project.Black Enterprisemeans an enterprise that is at least 50.1% beneficially owned by Black People and in which Black People have substantial Management Control.


More Definitions of Black Equity

Black Equity means the voting equity in the Private Party held by
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Black Equity means the voting Equity held by Black Shareholders from time to time;344
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Related to Black Equity

  • Common Equity of any Person means Capital Stock of such Person that is generally entitled (a) to vote in the election of directors of such Person or (b) if such Person is not a corporation, to vote or otherwise participate in the selection of the governing body, partners, managers or others that will control the management or policies of such Person.

  • Common Stock Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock.

  • Equity Securities means, with respect to any Person that is a legal entity, any and all shares of capital stock, membership interests, units, profits interests, ownership interests, equity interests, registered capital, and other equity securities of such Person, and any right, warrant, option, call, commitment, conversion privilege, preemptive right or other right to acquire any of the foregoing, or security convertible into, exchangeable or exercisable for any of the foregoing.

  • Capital Stock of any Person means any and all shares, interests, rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) equity of such Person, including any Preferred Stock, but excluding any debt securities convertible into such equity.

  • Parent Capital Stock means Parent Common Stock and Parent Preferred Stock.

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

  • Net Equity ’ means, subject to such rules and regulations as the Commission pro- mulgates under the Act, with respect to the aggregate of all of a customer’s accounts that such customer has in the same capacity—

  • Convertible Securities means any stock or securities (other than Options) directly or indirectly convertible into or exercisable or exchangeable for shares of Common Stock.