Direct Ownership means ownership of an equity interest in an enterprise where such equity interest comprises:
Direct Ownership means an interest through the possession of stock, equity in capital or any interest in the profits of the Applicant.
Direct Ownership means ownership of an equity interest in an enterprise where such equity interest comprises:
45.2.9.1 the right to participate in the voting rights in that enterprise;
45.2.9.2 the right to receive unencumbered economic interest (such as dividends) flowing to the shareholders of that enterprise; and
45.2.9.3 Broad-based BEE schemes, employee share option schemes (ESOPs) and other employee share schemes, where the beneficiaries have the unconditional right to receive economic benefits and the capacity to elect and remove trustees, are specifically recognised as direct ownership. The flow-through principle will be applied to determine the level of black ownership represented by the employee share option scheme;
45.2.9.4 Direct ownership is measured as being the lower of the level of black participation in voting rights and black participation in the unencumbered economic interest of an enterprise, measured using the flow-through principle;
Examples of Direct Ownership in a sentence
The Direct Ownership Customer Disclosure Form should be used when a Customer of Record is also the System Owner.Customer Disclosure Forms may be audited on an annual basis and any false or misleading information provided on a Customer Disclosure Form could result in enforcement action by PURA up to and including termination of eligibility, removal from Residential Renewable Energy Solutions or other consequences within PURA’s discretion.
Change in Direct Ownership or Control (of a vested Facility; ALA.
Direct Ownership Interest — The ownership of stock, equity in capital or any interest in the profits of the disclosing entity.
The BALE Act would also increase the size of Direct Operating Loans and Direct Ownership Loans from $300,000 to $600,000.
Cash Flow Rights (Direct Ownership) 30 0.2790 0.2398 0.3759 0.1290 29 0.3553 0.3028 0.4917 0.1879 B.
More Definitions of Direct Ownership
Direct Ownership means own- ership of a fee or leasehold estate or a beneficial interest in a trust the pur- chase of which, under applicable local law, is financed and secured by a secu- rity interest therein similar to a mort- gage or deed of trust, but it shall not include an interest in a real estate in- vestment trust, an interest in a general or limited partnership, or similar indi- rect interest in the ownership of real property.(Sec. 3(a)(12), 48 Stat. 882, as amended 84Stat. 718, 1435, 1499 (15 U.S.C. 78c(12)); sec.7(c), 48 Stat. 886, as amended 82 Stat. 452 (15U.S.C. 78g(c)); sec. 11(d)(1), 48 Stat. 891 as amended 68 Stat. 636 (15 U.S.C. 78k(d)(1)); sec. 15(c), 48 Stat. 895, as amended 52 Stat. 1075, 84 Stat. 1653 (15 U.S.C. 78o(c)); sec. 23(a), 48 Stat. 901, as amended 49 Stat. 704, 1379 (15U.S.C. 78w(a)))[40 FR 6646, Feb. 13, 1975] § 240.3a12–6 Definition of ‘‘common trust fund’’ as used in section 3(a)(12) of the Act.The term common trust fund as used in section 3(a)(12) of the Act (15 U.S.C. 78c(a)(12)) shall include a common trust fund which is maintained by a bank which is a member of an affili- ated group, as defined in section 1504(a) of the Internal Revenue Code of 1954 (26U.S.C. 1504(a)), and which is main- tained exclusively for the collective in- vestment and reinvestment of monies contributed thereto by one or more bank members of such affiliated group in the capacity of trustee, executor, ad- ministrator, or guardian; Provided, That:
Direct Ownership means the hold- ing of legal title to an interest in a pro- vider of settlement service except where title is being held for the bene- ficial owner.
Direct Ownership means ownership of an equity interest together with control over voting rights attaching to that equity interest;
Direct Ownership means the possession of stock, equity in capital or any interest greater than 5 percent of the health care entity.
Direct Ownership means own- ership of a fee or leasehold estate or a beneficial interest in a trust the pur- chase of which, under applicable local law, is financed and secured by a secu- rity interest therein similar to a mort- gage or deed of trust, but it shall not include an interest in a real estate in- vestment trust, an interest in a general or limited partnership, or similar indi- rect interest in the ownership of real property.(Sec. 3(a)(12), 48 Stat. 882, as amended 84Stat. 718, 1435, 1499 (15 U.S.C. 78c(12)); sec.
Direct Ownership means ownership of an equity interest in an enterprise where such equity interest comprises : the right to participate in the voting rights in that enterprise; the right to receive unencumbered economic interest (such as dividends) flowing to the shareholders of that enterprise; and Broad-based BEE schemes, employee share option schemes (ESOPs) and other employee share schemes, where the beneficiaries have the unconditional right to receive economic benefits and the capacity to elect and remove trustees, are specifically recognised as direct ownership. The flow-through principle will be applied to determine the level of black ownership represented by the employee share option scheme; Direct ownership is measured as being the lower of the level of black participation in voting rights and black participation in the unencumbered economic interest of an enterprise, measured using the flow-through principle;
Direct Ownership means ownership of an equity interest in an enterprise where such equity interest comprises of: