Foreign ownership definition

Foreign ownership means more than 50 percent of the outstanding voting securities of the firm are owned by one or more foreign persons.
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Foreign ownership has the meaning set forth in Section 1B(ii)(a).
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Foreign ownership means the direct or indirect beneficial ownership of Shares by a Foreign Person.
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Examples of Foreign ownership in a sentence

  • As a last resort, the Board shall be required to redeem the shares of capital stock the transfer or ownership of which resulted in the violation of the Foreign Ownership Restrictions to insure such compliance (subject, however, to Sections 12(b) and (c) below).

  • France Foreign Ownership ReportingResidents of France with foreign account balances in excess of EUR 1 million or its equivalent must report monthly to the Bank of France.

  • Further, the Corporation may exercise any and all appropriate remedies, at law or in equity in any court of competent jurisdiction, against any holder of its securities or rights with respect thereto or any Proposed Transferee, with a view towards obtaining the information set forth in Section C or preventing or curing any situation which would cause any inconsistency with, or violation of, the Statutory Acquisition Restriction or the Foreign Ownership Restrictions.

  • Except as otherwise permitted by or consistent with Foreign Ownership Restrictions (as defined below), at no time shall more than one-third of the Directors in office be Aliens (as defined in the Restated Certificate of Incorporation).

  • Foreign Ownership ReportingIf Employee is a Canadian resident, Employee’s ownership of certain foreign property (including shares of foreign corporations) in excess of CAD 100,000 may be subject to ongoing annual reporting obligations.

  • The Lenders, the Administrative Agent and the Issuing Banks acknowledge that any exercise of rights or remedies under the Loan Documents or applicable laws may be subject to the federal National Industrial Security Program Operating Manual (“NISPOM”), including, without limitation, the rules governing Foreign Ownership Control or Influence (as defined therein).

  • Belgium Foreign Ownership ReportingIf Employee is a resident of Belgium, Employee will be required to submit an annual form declaring Employee’s income or assets (including shares acquired under an employee share plan) held outside of Belgium to the National Bank of Belgium.

  • Foreign Ownership Information Employee must report shares of Stock held outside of France and foreign bank accounts to the French tax authorities when filing Employee’s annual tax return.

  • Subject to Sections 5.6 and 7.4 of the Charter, nothing contained in this Section 7.2 shall limit the authority of the Board of Directors of the Corporation to take such other action as it deems necessary or advisable to protect the Corporation and the interests of its stockholders in preserving the Corporation’s status as a REIT or ensuring that the Foreign Ownership Percentage is not exceeded.

  • Foreign Ownership Information If at any time during the fiscal year Employee holds foreign financial assets (including cash and shares of Stock) that may generate income taxable in Italy, Employee is required to report these assets on Employee’s annual tax return (UNICO Form, RW Schedule) for the year during which the assets are held, or on a special form if no tax return is due.


More Definitions of Foreign ownership

Foreign ownership means ownership of foreign citizens and/or business establishments.
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Foreign ownership. Entravision's Certificate of Incorporation shall restrict the ownership, voting and transfer of its capital stock in accordance with the Communications Act and the rules of the FCC, which prohibit certain domination or control by foreign aliens.. In addition, the Certificate of Incorporation will authorize the Board of Directors to take action to enforce these prohibitions, including placing appropriate stop transfer orders and placing a legend restricting certain foreign ownership on the certificates representing the Class A, B, and C Common Stock. Management of Entravision Board of Directors: Entravision's initial ------------------ Board of Directors shall consist of Xxxxxx X. Xxxxx, Xxxxxx X. Xxxxxxxxx, Xxxx X. Xxxxxx, two (2) representatives of
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Related to Foreign ownership

  • Common ownership means the same or substantially similar persons or entities that maintain a

  • foreign company means any company or body corporate incorporated outside India which—

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.

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

  • Foreign corporation means a corporation for profit incorporated under a law other than the law of this state.

  • Controlled Foreign Corporation means “controlled foreign corporation” as defined in the Tax Code.

  • Foreign Assets means any of the Portfolios’ investments (including foreign currencies) for which the primary market is outside the United States and such cash and cash equivalents as are reasonably necessary to effect the Portfolios’ transactions in such investments.

  • Change in Ownership means change of ownership of the Bidder/Member in a Bidding Consortium by way of merger/ acquisition/ amalgamation/ reorganisation/ consolidation/ demerger;

  • Veteran-owned Small Business Enterprise (VSBE) means A business that is verified by the Center for Verification and Evaluation (CVE) of the United States Department of Veterans Affairs as a veteran-owned small business. See Code of Maryland Regulations (COMAR) 21.11.13.

  • foreign national means the following:

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • Foreign nonprofit corporation means an entity:

  • Foreign Air Carrier means any air carrier which is not a U.S. Air Carrier and which performs maintenance, preventative maintenance and inspections for the Aircraft, Airframe and/or any Engine or engine to standards which are approved by, or which are substantially equivalent to those required by, the Federal Aviation Administration, the Civil Aviation Authority of the United Kingdom, the Direction Generale de l'Aviation Civile of the French Republic, the Luftfahrt Bundesamt of the Federal Republic of Germany, the Rijflauchtraatdienst of the Kingdom of the Netherlands, the Ministry of Transportation of Japan or the Federal Ministry of Transport of Canada (and any agency or instrumentality of the applicable government succeeding to the functions of any of the foregoing entities).

  • Foreign Asset Sale shall have the meaning provided in Section 5.2(i).

  • Constructive Ownership means ownership of Shares by a Person, whether the interest in 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.

  • Joint Ownership - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.

  • foreign vessel means any vessel other than a coastal vessel.

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

  • National Road Traffic Act means the National Road Traffic Act, 1996 (Act 93 of 1996);

  • Domestic Foreign Holding Company means any Domestic Subsidiary of the Borrower that owns no material assets (held directly or indirectly through one or more disregarded entities) other than capital stock (or capital stock and/or debt) of one or more Foreign Subsidiaries that are CFCs and/or Domestic Foreign Holding Companies.

  • Foreign Employee Benefit Plan means any employee benefit plan as defined in Section 3(3) of ERISA which is maintained or contributed to for the benefit of the employees of the Borrower, any of its Subsidiaries or any of its ERISA Affiliates, but which is not covered by ERISA pursuant to Section 4(b)(4) of ERISA.

  • Foreign business entity means a foreign limited liability company, as defined in s. 183.0102 (8), a foreign partnership, as defined in s. 178.0102 (6), a foreign limited partnership, as defined in s. 179.01 (4), a foreign corporation, as defined in s. 180.0103 (9), or a foreign corporation, as defined in s. 181.0103 (13).

  • Foreign terrorist organization means an organization designated as a foreign terrorist organization by the United States secretary of state as authorized by 8 U.S.C. Section 1189.

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

  • Domestic organization means an organization created under the laws of this state.

  • Indian organization means the governing body of any Indian tribe or entity established or recognized by the governing body of an Indian tribe for the purposes of 25 U.S.C., chapter 17.