Disclosable Interest definition

Disclosable Interest means a direct or indirect material interest in a Matter; and
Disclosable Interest with respect to any person shall mean any direct or indirect pecuniary, economic or other interest of such person in any capital stock of the Corporation, including, without limitation, any derivative instrument, convertible security, stock appreciation right, swap, option, warrant, short interest, hedge or profit sharing arrangement, any other arrangement, agreement or understanding (including any borrowing or lending of shares) the effect or intent of which is to mitigate loss to or manage risk or benefit of share price changes for, or to increase or decrease the voting power of, or any fee or compensation based on any increase or decrease in value payable to, such person, with respect to any share of stock of the Corporation or any other such interest.
Disclosable Interest with respect to a person means (A)(1) the class or series and number of shares of capital stock of the Company that are, directly or indirectly, beneficially owned or owned of record by such person, (2) any Derivative Instrument directly or indirectly beneficially owned by such person and any other direct or indirect opportunity to profit or share in any profit derived from any increase or decrease in the value of shares of capital stock of the Company, (3) any proxy, contract, arrangement, understanding or relationship the effect or intent of which is to increase or decrease the voting power of such person with respect to any shares of any security of the Company, (4) any pledge by such person of any security of the Company or any short interest of such person in any security of the Company (for purposes of Sections 3 and 9 of Article II, Sections 2 and 8 of Article III and Section 2 of Article VII, a person shall be deemed to have a short interest in a security if such person directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, has the opportunity to profit or

Examples of Disclosable Interest in a sentence

  • Where a Member has a Deemed Disclosable Interest as defined in the Code of Conduct, the Member may address the meeting as a member of the public as set out in the Code.

  • Members are reminded of their responsibility to declare any Disclosable Pecuniary Interest or Other Disclosable Interest which they have in any item of business on the agenda, no later than when that item is reached or as soon as the interest becomes apparent and, with Disclosable Pecuniary interests, to leave the meeting during any discussion or voting on the item.

  • Where a Member has a Deemed Disclosable Interest, the Council’s Code of Conduct permits public speaking on the item, after which the Member is required by Council Procedure Rules to withdraw from the meeting.

  • Disclosable Pecuniary Interest (DPI) / Other Disclosable Interest (ODI) DPI’s and ODI’s are interests defined in the Code of Conduct that has been adopted by the District.

  • Other Disclosable Interest (ODI) If you have an ODI in the matter being decided, then you must disclose the existence and nature and record it on the record of decision.


More Definitions of Disclosable Interest

Disclosable Interest with respect to a person means: (A) any Derivative Instrument directly or indirectly beneficially owned by such person and any other direct or indirect opportunity to profit or share in any profit derived from any increase or decrease in the value of shares of capital stock of the Corporation; (B) any proxy, contract, arrangement, understanding or relationship pursuant to which such person has any right to vote shares of any security of the Corporation; (C) any agreement, arrangement, understanding, relationship or otherwise, involving such person, the purpose or effect of which is to mitigate loss to, reduce the economic risk (of ownership or otherwise) to, manage the risk of share price changes for, or increase, maintain or decrease the voting power of, such person with respect to any shares of any security of the Corporation; (D) any pledge by such person of any security of the Corporation or any contract, arrangement, understanding, relationship or otherwise, that provides, directly or indirectly, the opportunity to profit or share in any profit derived from any decrease in the value of any security of the Corporation; (E) any rights to dividends on the shares of capital stock of the Corporation beneficially owned by such person that are separated or separable from the underlying shares of capital stock of the Corporation; (F) any material pending or threatened legal proceeding in which such person is a party or material participant involving the Corporation or any of its officers or directors, or any affiliate of the Corporation; (G) any other material relationship between such person, on the one hand, and the Corporation, any affiliate of the Corporation or any person engaged in a business substantially similar to one or more of the Corporation’s principal businesses, on the other hand; (H) any direct or indirect material interest in any material contract or agreement of such person with the Corporation, any affiliate of the Corporation or any person engaged in a business substantially similar to one or more of the Corporation’s principal businesses (including, in any such case, any employment agreement, collective bargaining agreement or consulting agreement); and (I) any other information relating to such person that would be required to be disclosed in a proxy statement or other filing required to be made in connection with solicitations of proxies for the business or the election of directors in a contested election, as applicable, or would other...
Disclosable Interest with respect to a person means (A)(i) the class or series and number of shares of capital stock of the Company that
Disclosable Interest means, with respect to an entity, an Equity Interest or directorship identified as a Disclosable Interest in Bulletin 10A.
Disclosable Interest with respect to any person shall mean any direct or indirect pecuniary, economic or other interest of such person in any capital stock of the Corporation, including, without limitation, any derivative instrument, convertible security, stock appreciation right, swap,
Disclosable Interest means any interest or circumstance that may give rise to an actual, potential or perceived Conflict of Interest.
Disclosable Interest means, with respect to an entity, an Equity Interest or directorship identified as a
Disclosable Interest means (i) any agreement, arrangement, or understanding (including any option, warrant, convertible security, stock appreciation right, derivative, swap, or other similar rights, conversion privileges or transaction or series of such transactions) engaged in, directly or indirectly, by such proponent person, the purpose or effect of which is to give such proponent person economic risk similar to ownership of shares of any class or series of capital stock of the Corporation, including due to the fact that the value of such option, warrant, convertible security, stock appreciation right, derivative, swap, or other similar rights, conversion privileges or transactions are determined by reference to the price, value, or volatility of any shares of any class or series of capital stock of the Corporation, (ii) any agreement, arrangement, or understanding (including any option, warrant, convertible security, stock appreciation right, derivative, swap, or other similar rights, conversion privileges or transactions or series of such transactions) that provides, directly or indirectly, the opportunity to profit from, or to mitigate loss, manage risk, or benefit from, any increase or decrease in the price or value of shares of any class or series of capital stock of the Corporation, or (iii) any agreement, arrangement, or understanding (including any option, warrant, convertible security, stock appreciation right, derivative, swap, or other similar rights, conversion privileges or transactions or series of such transactions) that has the effect or intent, directly or indirectly, of maintaining, increasing, or decreasing the voting power of such proponent person with respect to shares of any class or series of capital stock of the Corporation.