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.
Direct Ownership Interest. The ownership of stock, equity in capital or any interest in the profits of a disclosing entity.
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.

Examples of Direct Ownership Interest in a sentence

  • Direct Ownership Interest — The ownership of stock, equity in capital or any interest in the profits of the disclosing entity.


More Definitions of Direct Ownership Interest

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.
Direct Ownership Interest means the holding or possession of good legal or rightful title of
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.
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.