Direct ownership interest definition

Direct ownership interest means the holding or possession of good legal or rightful title of property or the holding or enjoyment of real or beneficial use of the property by any person and includes any interest owned or held by a spouse of such person if such interest is held jointly or as tenants in common between the person and spouse.
Sample 1Sample 2Sample 3
Direct ownership interest. The ownership of stock, equity in capital or any interest in the profits of a disclosing entity.
Sample 1Sample 2Sample 3
Direct ownership interest. The ownership of stock, equity in capital or any interest in the profits of the disclosing entity. A disclosing entity is defined as a Medicaid provider or supplier, or other entity that furnishes services or arranges for furnishing services under Medicaid, or health related services under the social services program.
Sample 1Sample 2Sample 3

Examples of Direct ownership interest in a sentence

  • Direct ownership interest is defined as the possession of stock, equity in capital or any interest in the profits of the disclosing entity.

  • Each tract of real property in which the candidate for public office or filer has a Direct ownership interest as of December 31 of the covered year when that interest has a fair market value of $5,000.00 or more.

  • Direct ownership interest means possession of stock, equity in capital, or any interest in the profits of the material vendor.

  • Group: Place of incorporation Direct ownership interest in %Eole Jura SA Muriaux, CH 30.0 The transaction was concluded at book value of CHF 1 million by granting a short-term loan receivable.


More Definitions of Direct ownership interest

Direct ownership interest means the possession of stock, equity in the capital, or any interest in the profits of the applying facility.
Sample 1Sample 2Sample 3
Direct ownership interest. The ownership of stock, equity in capital or any interest in the profits of a disclosing entity. Direct Secure Messaging (DSM) — Enables Managed Care Organizations and providers to securely send patient health information to many types of organizations.
Sample 1Sample 2
Direct ownership interest means the holding or possession of good legal or rightful
Sample 1
Direct ownership interest means any financial interest, equitable interest, beneficial interest, or ownership control held by the persons enumerated in subsection (a) or the person's family member related within the second degree of consanguinity or affinity, in any gaming facility or operation licensed or applied for under this chapter; provided that a direct ownership interest shall not include any equity interest purchased at fair market value or equity interest received as consideration for goods and services provided at fair market value of less than one per cent of the total outstanding shares of stock of any publicly traded corporation or certificates of partnership of any limited partnership which is listed on a regulated stock exchange or automated quotation system.
Sample 1
Direct ownership interest means: (i) as to the Fee Properties, all Persons who are vested with all or any portion of a fee interest in the Fee Properties, (ii) as to the Ground Leased Properties, all Persons who are vested with all or any portion of a lessee's leasehold estate (or a vendee's interest in any applicable land installment agreement) in the Ground Leased Properties, and (iii) as to the Master LLC, all Persons who are vested with all or any portion of the membership interests of the Master LLC, (iv) as to the Master LLC Subsidiaries, all Persons who are vested with all or any portion of the membership or partnership interests of the Master LLC Subsidiaries, (v) as to the Master LLC Properties, all Persons who are vested with all or any portion of a fee or leasehold interest in the Master LLC Properties, and (vi) as to the Personal Property, all Persons who have an ownership interest in the Personal Property. Seller shall deliver to Purchaser a revised Exhibit A not later than fifteen (15) days prior to Closing which shall account for all approved Master LLC Transfers.
Sample 1

Related to Direct ownership interest

  • Ownership Interest As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Controlling Interest means: (1) an ownership interest or participating interest in a business entity by virtue of units, percentage, shares, stock, or otherwise that exceeds 10 percent; (2) membership on the board of directors or other governing body of a business entity of which the board or other governing body is composed of not more than 10 members; or (3) service as an officer of a business entity that has four or fewer officers, or service as one of the four officers most highly compensated by a business entity that has more than four officers. Subsection (3) of this section does not apply to an officer of a publicly held business entity or its wholly owned subsidiaries.