Covered Interest definition

Covered Interest means ownership or control of any Beer brewing assets of, or any Beer brand assets of, or any Beer distribution assets of, or any interest in (including any financial, security, loan, equity, intellectual property, or management interest), a Covered Entity; except that a Covered Interest shall not include (i) a Beer brewery or Beer brand located outside the Territory that does not generate at least $7.5 million in annual gross revenue from Beer sold for resale in the Territory; (ii) a license to distribute a non-ABI Beer brand where said distribution license does not generate at least $3 million in annual gross revenue in the Territory; or (iii) a Beer distributor which does not generate at least $3 million in annual gross revenue in the Territory.

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Covered Interest means any non-ABI Beer brewing assets or any non-ABI Beer brand assets of, or any interest in (including any financial, security, loan, equity, intellectual property, or management interest), a Covered Entity; except that a Covered Interest shall not include (i) a Beer brewery or Beer brand located outside the United States that does not generate at least $7.5 million in annual gross revenue from Beer sold for resale in the United States; or

Covered Interest means when any director, officer, employee, or volunteer has directly, or indirectly through a Related Party:

Examples of Covered Interest in a sentence

• Subject to the rights of the Insurer under the Insurance Policy, each Trust Beneficiary, in its capacity as a Noteholder, shall, individually and without the need to act in concert with any other Trust Beneficiary or the Insurance Trustee, be entitled to exercise the rights and remedies assigned to the Insurance Trust in respect of the Covered Interest Period Amounts, including all rights under Section 7.9 of the Indenture applicable thereto.

• Each Noteholder in its capacity as Trust Beneficiary shall have an interest in such portion of the Insurance Trust Property, including the Covered Interest Period Amounts, as the principal amount of the Notes owned by that Noteholder bears to the total principal amount of the Notes.

• The Insurance Trustee assumes no liability with respect to the validity or worth of the Insurance Policy or the Covered Interest Period Amounts.

• Payment Instructions for Covered Interest Period Amounts 5 Section 4.03.

• Said endorsement shall also provide: It is hereby understood and agreed that the definition of “incidental Contract” is hereby amended to include the following designated contract provision: Additional Insured Covered Interest: Coast Community College District, the Board, each of the District’s Colleges, and each of their agents, officers, employees, and representatives.

More Definitions of Covered Interest

Covered Interest means, with respect to a Covered Person, such Covered Person’s Class II Interest or Lazard Group Common Interest, as the case may be.

Covered Interest means ownership or control of any Beer brewing assets of, or any Beer brand assets of, or any Beer distribution assets of, or any interest in (including any financial, security, loan, equity, intellectual property, or management interest), a Covered Entity; except that a Covered Interest shall not include (i) a Beer brewery or Beer brand located outside the State of Hawaii that does not generate at least $3.75 million in annual gross revenue from Beer sold for resale in the State of Hawaii; (ii) a license to distribute a non-ABI Beer brand where said distribution license does not generate at least $1 million in annual gross revenue in the State of Hawaii; or (iii) a Beer distributor which does not generate at least $1 million in annual gross revenue in the State of Hawaii.

Covered Interest has the meaning set forth in Section 8.2(a) hereof.

Covered Interest means when any Director or Committee member has directly, or indirectly through a Related Party:

Covered Interest means when any director, officer, employee, or volunteer has directly, or indirectly through a Related Party: (a) an ownership or investment interest in any entity with which the Foundation has a transaction or arrangement; (b) a compensation arrangement with the Foundation or with any entity or individual with which the Foundation has a transaction or arrangement; (c) a potential ownership or investment interest in, or compensation arrangement with, any entity or individual with which the Foundation is negotiating a transaction or arrangement; or (d) a legal commitment or financial interest,

Covered Interest means (i) an SB Swap that trades on Tradition SBSEF; (ii) a security of an issuer that has issued a security that underlies a SB Swap that is listed on Tradition SBSEF; or

Covered Interest means (i) any SB Swap; (ii) any security of an issuer that has issued a security that underlies an SB Swap; or (iii) a derivative based on a security of an issuer that has issued a security that underlies an SB Swap.