Effective Ownership definition

Effective Ownership means the meaningful participation of Black Persons in the net value ownership, voting rights, economic interest and/or management control of mining entities;
Effective Ownership means either: (i) the sum of (A) such person or personsdirect or indirect percentage of the voting ownership of issued and outstanding shares in the capital of the Corporation, excluding any such shares attributable to ownership through Trident Resources Corporation, plus (B) the product obtained by multiplying (x) such person or persons’ direct or indirect percentage of the voting ownership of issued and outstanding shares in the capital of Trident Resources Corporation by (y) Trident Resources Corporation’s direct or indirect voting ownership of issued and outstanding shares in the capital of the Corporation; or (ii) the sum of (A) such person or persons’ direct or indirect percentage of the economic ownership of the Corporation, excluding any such shares attributable to ownership through Trident Resources Corporation, plus (B) the product obtained by multiplying (x) such person or persons’ direct or indirect percentage of the economic ownership of Trident Resources Corporation by (y) Trident Resources Corporation’s direct or indirect economic ownership of the Corporation;
Effective Ownership means the meaningful participation of Black persons in the unencumbered net value ownership, voting rights, economic interest and management control of mining operations;

Examples of Effective Ownership in a sentence

  • For purposes of determining the Cash Bonus, Executive's Then Effective Ownership Percentage is prorated between the Terminal Equity Values.

  • Executive understands and agrees that issuances by the Company after April 30, 2005 of shares, options, warrants or other rights to acquire shares of Class A Common Stock or any Bonus Equivalents will reduce Executive's Then Effective Ownership Percentage and thus likely will result in a reduction in any Cash Bonus payable.

  • Subject to Sections 2.2, 2.3 and 2.4, on the date of the closing of a Trigger Event, the Company shall pay to Executive a cash bonus ("Cash Bonus") equal to the product of (a) the sum of the Terminal Equity Value of the Company, plus the aggregate cash dividends paid by the Company on shares of its common stock prior to the Trigger Event, multiplied by (b) Executive's Then Effective Ownership Percentage (as determined pursuant to Section 3.1 or 3.2, as applicable).

  • Calculation of Benefit Values Benefit Base The initial Benefit Base will be set to the initial Purchase Payment.

  • In the event of a Trigger Event following a Qualifying Termination of Service, Executive's Then Effective Ownership Percentage shall equal the product of: - the quotient of (x) the Vested Bonus Equivalent divided by (Y) the Total Shares of Common Stock Outstanding; - multiplied by, the Applicable Conversion Ratio for the Terminal Equity Value.

  • In the event of a Trigger Event following a Qualifying Termination of Service, Executive's Then Effective Ownership Percentage shall equal the product of: o the quotient of (x) the Vested Bonus Equivalent divided by (Y) the Total Shares of Common Stock Outstanding; o multiplied by.

  • In the event of a Trigger Event during the Period of Employment, Executive's Then Effective Ownership Percentage shall equal the product of: - the quotient of (x) Executive's Maximum Bonus Equivalent divided by (Y) the Total Shares of Common Stock Outstanding; - multiplied by, the Applicable Conversion Ratio for the Terminal Equity Value for such Trigger Event.

  • Details of the subsidiaries are as follows: Effective Ownership Interest 2019 2018 Name of Company Principal activities % % Bank Islam Malaysia Berhad (“Bank Islam” or “the Bank”)Islamic banking business 100 100 Subsidiaries of Bank Islam Malaysia Berhad BIMB Investment Management BerhadManaging Islamic Unit Trust Fundsservices the relevant areasBank Islam Trust Company (Labuan) Ltd.

  • The Bonus Payments based on Terminal Equity Values and Then Effective Ownership Percentages as of April 30, 2005 are set forth on Schedule A attached hereto.

  • The subsidiaries included in the consolidation as of 30 June 2013 are as follows: Subsidiaries Subject of activity Country Effective Ownership(%) 1.


More Definitions of Effective Ownership

Effective Ownership means the meaningful participation of HDSAs in the ownership, voting rights, economic interest and management control of mining entities;
Effective Ownership has correlative meaning to the foregoing.
Effective Ownership means either:

Related to Effective Ownership

  • Constructive Ownership means ownership of Shares by a Person, whether the interest in the Shares is held directly or indirectly (including by a nominee), and shall include interests that would be treated as owned through the application of Section 318(a) of the Code, as modified by Section 856(d)(5) of the Code. The terms “Constructive Owner,” “Constructively Owns” and “Constructively Owned” shall have the correlative meanings.

  • Constructive Owner, “Constructively Owns” and “Constructively Owned” shall have the correlative meanings.

  • Prospective Owner shall have the meaning set forth in Section 3.10(a).

  • Ownership Change Event means the occurrence of any of the following with respect to the Company: (i) the direct or indirect sale or exchange in a single or series of related transactions by the stockholders of the Company of securities of the Company representing more than fifty percent (50%) of the total combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of Directors; (ii) a merger or consolidation in which the Company is a party; or (iii) the sale, exchange, or transfer of all or substantially all of the assets of the Company (other than a sale, exchange or transfer to one or more subsidiaries of the Company).

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Common ownership means that more than 50% of the voting control of each member of a combined group is directly or indirectly owned by a common owner or owners, either corporate or non-corporate, whether or not the owner or owners are members of the combined group. Whether voting control is indirectly owned shall be determined in accordance with section 318 of the federal Internal Revenue Code, 26 U.S.C. s.318.

  • Ownership Percentage with respect to any Member means the percentage of ownership of a Member determined by taking the total Capital Units held by such Member divided by the aggregate total number of issued and outstanding Capital Units.

  • Ownership Change means a change in a hospital’s owner, lessor, or operator under 42 CFR 489.18(a).

  • Beneficial Ownership shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • Equity Ownership means the percentage ownership and control, exercised by individuals within an enterprise.

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Beneficial Ownership Regulation means 31 C.F.R. § 1010.230.

  • Voting Stock of any Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in the election of the Board of Directors of such Person.

  • effective control means a relationship constituted by rights, contracts or any other means which, either separately or jointly and having regard to the considerations of fact or law involved, confer the possibility of directly or indirectly exercising a decisive influence on an undertaking, in particular by:

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Beneficial Ownership Rule means 31 C.F.R. § 1010.230.

  • Termination of parental rights means the permanent elimination of all parental rights and duties, including residual parental rights and duties, by court order.

  • Constructively Own means ownership under the constructive ownership rules described in Exhibit C.

  • Deportation or forcible transfer of population means forced displacement of the persons concerned by expulsion or other coercive acts from the area in which they are lawfully present, without grounds permitted under international law;

  • Early Opt-in Effective Date means, with respect to any Early Opt-in Election, the sixth (6th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, written notice of objection to such Early Opt-in Election from Lenders comprising the Required Lenders.

  • Voting Interest With respect to any provisions hereof providing for the action, consent or approval of the Holders of all Certificates evidencing specified Voting Interests in the Trust Estate, the Holders of each Class of Certificates will collectively be entitled to the then applicable percentage of the aggregate Voting Interest represented by all Certificates equal to the ratio obtained by dividing the Principal Balance of such Class by the sum of the Class A Principal Balance and the Class B Principal Balance. Each Certificateholder of a Class will have a Voting Interest equal to the product of the Voting Interest to which such Class is collectively entitled and the Percentage Interest in such Class represented by such Holder's Certificates. With respect to any provisions hereof providing for action, consent or approval of each Class of Certificates or specified Classes of Certificates, each Certificateholder of a Class will have a Voting Interest in such Class equal to such Holder's Percentage Interest in such Class.

  • Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the Offeror's officers or a majority of the Offeror's board of directors by any means, e.g., ownership, contract, or operation of law (or equivalent power for unincorporated organizations).

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Business Combination Date means the date upon which a Business Combination is consummated.

  • Voting Interests means shares of capital stock issued by a corporation, or equivalent Equity Interests in any other Person, the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even if the right so to vote has been suspended by the happening of such a contingency.

  • Continuing ownership interest means ownership of or entitlement to more than twenty five per cent of shares or capital or profits of the company;