Has an Interest definition

Has an Interest means that the Town employee or officer or his/her spouse, or their brothers, sisters, parents, children, grandchildren, or the spouse of any of them (a) is the applicant, or (b) is an officer, director, partner or employee of the applicant, or (c) legally or beneficially owns or controls stock of a corporate applicant or is a member of a partnership or association applicant, or (d) is a party to an agreement with such an applicant, express of implied, whereby he may receive any payment or other benefit, whether or not for services rendered, dependent or contingent upon the favorable the favorable approval of such application, petition, bid or request.
Has an Interest means that the Town employee or officer, or his/her spouse (a) is you; (b) is a family member of yours; (c) is an officer, director, partner, member, or employee of yours; (d) owns or controls more than 5% (five percent) of the stock in your company; or (e) will receive in any way a financial or material benefit if the Town approves this application.

Examples of Has an Interest in a sentence

  • See 29 C.F.R. § 1610.7(e)(2); 29 C.F.R. § 70.20(d); Department of Justice, Office of Information Policy, Referrals, Consultations, and Coordination: Procedures for Processing Records When Another Agency or Entity Has an Interest in Them, available at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇▇/oip/blog/referrals-consultations-and-coordination-procedures- processing-records-when-another-agency.

Related to Has an Interest

  • an interest means that the office bearer or member of the professional staff has a 5% of more stake; and

  • First Reset Date means the date specified in the applicable Final Terms;

  • First Reset Rate of Interest means, in respect of the First Reset Period and subject to Condition 5.2(b), the rate of interest determined by the Calculation Agent on the relevant Reset Determination Date as the sum of the Reference Rate and the First Margin;

  • Interest Commencement Date means the Issue Date or such other date as may be specified in the relevant Final Terms.

  • First Reset Period means the period from (and including) the First Reset Date until (but excluding) the Second Reset Date or, if no such Second Reset Date is specified in the applicable Final Terms, the Maturity Date;