Disclosable Interest definition
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
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 means a direct or indirect material interest in a Matter; and
Examples of Disclosable Interest in a sentence
The disclosure shall include a description of the action(s) taken or proposed to be taken by CONSULTANT to avoid or mitigate the effect of such Conflict of Interest or Disclosable Interest.
In the event that SERS determines that CONSULTANT was aware or should have been aware of a Conflict of Interest or a Disclosable Interest prior to, as of, or following the entering into of this Agreement and failed to properly disclose such Conflict of Interest or Disclosable Interest to SERS at the appropriate time, such nondisclosure shall be considered a material breach of this Agreement.
The disclosure shall include a description of the action(s} taken or proposed to be taken by MANAGER to avoid or mitigate the effect of such Conflict of Interest or Disclosable Interest.
In the event that SERS determines that MANAGER was aware or should have been aware of a Conflict of Interest or a Disclosable Interest prior to, as of, or following the entering into of this Agreement and failed to properly disclose such Conflict of Interest or Disclosable Interest to SERS at the appropriate time, such nondisclosure shall be considered a material breach of this Agreement.
CONSULTANT shall establish appropriate safeguards to discourage and prohibit its Affiliates and CONSULTANT’s and its Affiliates’ respective partners, directors, officers, employees and agents from utilizing their positions for a purpose that constitutes a Conflict of Interest or a Disclosable Interest.
More Definitions of Disclosable Interest
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 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 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 with respect to a person means (a)(i) the class or series, if any, and number of shares or other security of the Corporation which are, directly or indirectly, owned beneficially or of record by such person and their respective affiliates or associates or which such person has a right to acquire, (ii) any option, warrant, convertible security, stock appreciation right, swap or similar right with an exercise or conversion privilege or a settlement payment or mechanism at a price related to any class or series of shares of the Corporation or with a value derived in whole or in part from the value or volatility of any class or series of shares of the Corporation, any “call equivalent position” or “put equivalent position” (as such terms are defined in Rule 16a-1 under the Exchange Act) (including, without limitation, any security or instrument that would not otherwise constitute a derivative security for purposes of such definitions as a result of any feature that would make any conversion, exercise or similar right or privilege of such security or instrument becoming determinable only at some future date or upon the happening of a future occurrence, in which case the determination of the amount of securities into which such security or instrument would be convertible or exercisable shall be made assuming that such security or instrument is immediately convertible or exercisable at the time of such determination) or any other derivative or synthetic arrangement having characteristics of a long position in, or a short position with respect to, any class or series of shares of the Corporation, or any contract, derivative, swap or other transaction or series of transactions designed to produce economic benefits and risks that correspond substantially to the ownership of any class or series of shares of the Corporation, including, without limitation, due to the fact that the value of such contract, security, derivative, swap or other transaction or series of transactions or other right is determined by reference to the price, value or volatility of any class or series of shares of the Corporation, whether or not such instrument, contract, security, derivative, swap, transaction or transactions or other right shall be capable of or subject to settlement in the underlying class or series of the Corporation or otherwise directly or indirectly owned beneficially by such person and without regard to whether such person may have entered into transactions that hedge or ...