Entity wholly owned definition

Entity wholly owned means a proprietorship, group
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Entity wholly owned means a proprietorship, group practice, partnership, or corporation that provides health care services rendered by licensed health care practitioners and in which licensed health care practitioners are the business owners of all aspects of the business entity, including, but not limited to, being reflected as the business owners on the title or lease of the physical facility, filing taxes as the business owners, being account holders on the entity’s bank account, being listed as the principals on all incorporation documents required by this state, and having ultimate authority over all personnel and compensation decisions relating to the entity. However, this definition does not apply to an entity that is wholly owned, directly or indirectly, by a hospital licensed under chapter 395.
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Examples of Entity wholly owned in a sentence

  • An Entity wholly owned by one or more of the following: Governmental Entity, International Organisation, Central Bank.

  • Non – Individuals other than Listed entity/its related entity (Tick applicable category) a) Government Entity b) International Organization c) Central Bank d) Entity wholly owned by a, b or c above e) Tax-exempt Entity engaged in a Charitable Purpose C.

  • GOVERNMENT EXEMPTIONThe Government of Qatar, local authorities, statutory bodies and any QFC Entity wholly owned by the Government of Qatar or by any of the aforementioned authorities or bodies are exempt from tax under these Regulations.

  • Please specify the type of Exempt Beneficial Owner that the Entity is:Government Organization Central Bank Exempt Retirement FundInternational Organization Entity wholly owned by an Exempt Beneficial Owner(s)Other (Please specify) If “Other” box is checked, please provide us with the applicable W-8 form as available on the IRS website at www.irs.gov.

  • Exempt Beneficial Owner (FATCA only) means a non-reporting Entity such as a) Governmental Organisation (non-US government or political subdivision thereof), b) International Organisation or supranational organisation whose income does not benefit private persons c) Central Bank that is the principal authority in issuing instruments intended to circulate as currency d) Retirement Plan that provides retirement benefits to current or former employees e) Entity wholly owned by an Exempt Beneficial Owner.

  • The NFFE is a government (other than the U.S. government), a political subdivision of such government (which, for the avoidance of doubt, includes a state, province, county, or municipality), or a public body performing a function of such government or a political subdivision thereof, a government of a U.S. Territory, an international organization, a non-U.S. central bank of issue, or an Entity wholly owned by one or more of the foregoing.

  • Non – Individuals other than Listed entity/its related entity (Tick applicable category) a) Government Entity b) International Organization c) Central Bank d) Entity wholly owned by a,b, or c above e) Tax-Exempt Entity engaged in a Charitable Purpose C.

  • Is the entity an Exempt Beneficial Owner (EBO)?If you believe the entity does not meet any of the below descriptions, please proceed to Section 5.2. In line with the red reference numbers in each classification box above, detailed definitions have been set out in the Glossary (Section 7).Additional Documentation Requirements An Entity wholly owned by EBOs must complete a FFI Owner Reporting Statement which can be found at HSBC’s FATCA website: http://fatca.hsbc.com.

  • Please specify the type of Exempt Beneficial Owner that the Entity is: Government Organization Central Bank Exempt Retirement Fund International Organization Entity wholly owned by an Exempt Beneficial Owner(s) Other (Please specify) If “Other” box is checked, please provide us with the applicable W-8 form as available on the IRS website at www.irs.gov.

  • Additional Documentation Requirements An Entity wholly owned by EBOs must complete a FFI Owner Reporting Statement which can be found at HSBC’s FATCA website: http://fatca.hsbc.com.

Related to Entity wholly owned

  • Wholly-Owned means, with respect to a Subsidiary of a Person, a Subsidiary of such Person all of the outstanding Equity Interests of which (other than (x) director’s qualifying shares and (y) shares issued to foreign nationals to the extent required by applicable Law) are owned by such Person and/or by one or more wholly owned Subsidiaries of such Person.

  • Wholly Owned Subsidiary of any Person means a Subsidiary of such Person all of the outstanding Capital Stock or other ownership interests of which (other than directors’ qualifying shares) shall at the time be owned by such Person or by one or more Wholly Owned Subsidiaries of such Person or by such Person and one or more Wholly Owned Subsidiaries of such Person.

  • Wholly Owned Restricted Subsidiary of any Person means a Restricted Subsidiary of such Person all of the outstanding Capital Stock or other ownership interests of which (other than directors' qualifying shares) shall at the time be owned by such Person or by one or more Wholly Owned Restricted Subsidiaries of such Person and one or more Wholly Owned Restricted Subsidiaries of such Person.

  • Wholly-Owned Investment Sub means an entity (i) that is a wholly-owned subsidiary7 of a Regulated Fund (with such Regulated Fund at all times holding, beneficially and of record, directly or indirectly, 95% or more of the voting and economic interests); (ii) whose sole business purpose is to hold one or more investments on behalf of such Regulated Fund (and, in the case of an SBIC Subsidiary, maintain a license under the SBA Act and issue debentures guaranteed by the SBA); (iii) with respect to which such Regulated Fund’s Board has the sole authority to make all determinations with respect to the entity’s participation under the Conditions to this application; and (iv) (A) that would be an investment company but for Section 3(c)(1), 3(c)(5)(C), or 3(c)(7) of the Act, or (B) that qualifies as a real estate investment trust (“REIT”) within the meaning of Section 856 of the Internal Revenue Code (“Code”) because substantially all of its assets would consist of real properties.

  • Parent Company means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender.

  • Business Entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • Entity means a corporation, partnership, limited liability company or other entity.

  • 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.