Control Interest definition

Control Interest means "management" as defined in this rule.
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Control Interest means an interest which allows the holder to direct or cause the direction of the management and policies of a Party or Affiliate through the legal or beneficial ownership of voting securities, the right to appoint directors or management, contract, voting trust, or otherwise.
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Control Interest means an interest, whether direct or indirect, such that the Interested Person (or his or her Family Member) has the ability to determine the composition of 25% or more of the Board of Directors, Board of Managers, or its equivalent, of the entity in question.
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Examples of Control Interest in a sentence

  • Wholly Owned Supplier – A supplier whose total ownership interest is held by the Contractor or by a person, persons, or other entity with an Ownership or Control Interest in the Contractor.

  • All providers who indicate that they are a corporation on the Disclosure of Ownership and Control Interest Statement are required to submit the Corporate Board of Directors Resolution.

  • Taxpayer identification numbers for the provider, and individuals or entities other than the provider, are also subject to mandatory disclosure for purposes of the Disclosure of Ownership and Control Interest Statement, as authorized by OAR 407-120-0320(5)(A)(c), 410-120-1260, 410-120-1510(M), 410-120-1380(1)(M) and OAR 410-141-0120.

  • Using the Department-specified disclosure form, and in accordance with 42 CFR 455.104, the Contractor, if organized as a corporation, shall provide disclosures for each Person with an Ownership or Control Interest in the Contractor.

  • Persons with an Ownership or Control Interest in the Contractor include officers and directors only if the Contractor is organized as a corporation.

  • If you are an individual practitioner or in a group of practitioners that is not organized as a business proprietorship, limited liability corporation, partnership, or corporation, whether it be for profit or not for profit, you are not required to complete Part 2 of the Disclosure of Ownership and Control Interest Statement (SCDHHS Form 1514).

  • The provider agrees to submit within thirty-five (35) days of the date on a request by the SMA or HHS a full and complete updated Disclosure of Ownership and Control Interest Statement.

  • Person with an Ownership or Control Interest (§ 455.102(b)) Ownership interest also includes interests in mortgages, deeds of trust, notes, and other obligations.

  • Changes of ownership or tax identification number terminate this agreement and the new owner or provider must reapply and submit an updated Disclosure of Ownership and Control Interest Statement.

  • The provider agrees that all required ownership and operating information is fully and truthfully disclosed on the Disclosure of Ownership and Control Interest Statement which is included as part of the Provider Application.


More Definitions of Control Interest

Control Interest means an interest of 50% or more of the voting shares of a Participant.
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Control Interest means direct or indirect beneficial ownership of 50% or more of the voting stock of, or a 50% or greater interest in the income of, such corporation or other business entity, or such other relationship as, in fact constitutes actual control.
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Control Interest. Outstanding" means when used with reference to the Notes at a particular time, all Notes theretofore issued as provided in the Securities Purchase Agreement dated as of August [___], 2000 between the Corporation and the Investors, except (i) Notes theretofore reported as lost, stolen, damaged or destroyed, or surrendered for transfer, exchange or replacement, in respect to which replacement Notes have been issued, (ii) Notes theretofore paid in full, and (iii) Notes theretofore canceled by the Corporation, except that, for the purpose of determining whether Holders of the requisite principal amount of Notes have made or concurred in any waiver, consent, approval, notice or other communication under this Agreement, Notes registered in the name of, or Beneficially Owned by, the Company or any Subsidiary of any thereof, shall not be deemed to be outstanding. "Holder" means, at any time of reference, a Person in whose name a Note is registered in the Note Register at such time.
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Related to Control Interest

  • Special Interest shall have the meaning assigned thereto in Section 2(c) hereof.

  • Financial Interest means either:

  • Interest when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity.

  • Additional Interest means all amounts, if any, payable pursuant to Section 4.06(d), Section 4.06(e) and Section 6.03, as applicable.

  • Collateral Interest means a fractional undivided interest in the Trust which shall consist of the right to receive, (i) to the extent necessary to make the required payments to the Collateral Interest Holder under this Supplement, the portion of Collections allocable thereto under the Agreement and this Supplement and funds on deposit in the Collection Account allocable thereto pursuant to the Agreement and this Supplement and (ii) amounts available for payment to the Collateral Interest Holder pursuant to subsections 4.07(k), 4.12(e), 4.12(f), 8.01(b), 8.02(a) and 8.02(b) or any other provision of this Supplement.