Major Owner definition

Major Owner means an Owner that owns and controls more than 25% of the Equity and voting rights of Franchisee.
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Major Owner means any person or entity that has provided a certificate to the Trustee which has not been otherwise rescinded, withdrawn or cancelled, to the effect that such person or entity is the registered owner of at least $1,000,000 in principal amount of 2019 Series A Bonds.
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Major Owner. Any Initial Shareholder or any person or other legal entity that (a) owns or otherwise holds or acquires control of, or (b) by virtue of a contemplated purchase or other transfer will own, in either case, [______] percent or more of the shares of, or voting rights in, the Company.
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Examples of Major Owner in a sentence

  • Notwithstanding the foregoing, any Major Owner who requests in writing to the Paying Agent at least two (2) Business Days prior to the Interest Payment Date that interest be paid by wire transfer or such other method as may be mutually acceptable to the Authority, the Paying Agent and such Major Owner, then the Paying Agent shall pay interest on the 2024 Series C Bonds by wire transfer or by such other mutually acceptable method to the account that such Major Owner requests.

  • So I think I at least want to stick by the claim that Grotius is on the verge of calling for the jettisoning of the law of nations – where this is understood as a body of norms quite distinct from the law of nature.

  • Although interest in rental rehabilitation has been historically limited in Union City, the City will provide loans for rental rehabilitation for low-income controlled units on a case by case basis for qualified projects and as funds are available from the Major Owner Rehabilitation fund pool.

  • Data are obtained from the Natural England and Major Owner Group (MLG) database and entered onto the corporate database.

  • Any person or other legal entity that (a) directly or indirectly holds an interest in, or acquires control of, any Major Owner, or (b) by virtue of a contemplated purchase or other transfer will hold an interest in, or acquire control of, any Major Owner, and, in either case (a) or (b), such person or other legal entity derives or will derive more than [ ] percent of its gross revenue from the Project.


More Definitions of Major Owner

Major Owner means any person or entity that has provided a certificate to the Trustee which has not been otherwise rescinded, withdrawn or cancelled, to the effect that such person or entity is the registered owner of at least $1,000,000 in principal amount of 2024 Series C Bonds.
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Related to Major Owner

  • Co-Owner means a Person who owns an Ownership Interest and a Co-Owner of a Series means a Person who owns an Ownership Interest of the Series.

  • Permit Holder means the Person to whom a Building Permit has been issued.

  • Major Tenant means a tenant of a Loan Party under a lease of Property which entitles it to occupy 15,000 square feet or more of the net rentable area of such Property.

  • Major Bridge means a bridge having a total length of more than 60 (sixty) meters between the inner faces of the dirt walls as specified in IRC:5;

  • Generator Owner means the Person that owns the Generating Facility and has registered with the NERC as the Person responsible for complying with all NERC Reliability Standards applicable to the owner of the Generating Facility.

  • Major Tenants has the meaning ascribed to such term in Section 7.2.

  • Lot Owner means a declarant or other person who owns a lot, or a lessee of a lot in a leasehold planned community whose lease expires simultaneously with any lease the expiration or termination of which will remove the lot from the planned community, but does not include a person having an interest in a lot solely as security for an obligation.

  • New Owner means, collectively, the HDFC and the Company.

  • Timber owner means any person having all or any part of the legal interest in timber. Where such timber is subject to a contract of sale, "timber owner" shall mean the contract purchaser.

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • Developer means the legal or beneficial owner or owners of a lot or of any land proposed to be included in a proposed development, including the holder of an option or contract to purchase, or other person having an enforceable proprietary interest in such land.

  • Service contract holder or "contract holder" means a person who is the purchaser or holder of a service contract.

  • Unit owner means the declarant or other person who owns a unit, or a lessee of a unit in a leasehold common interest community whose lease expires simultaneously with any lease, the expiration or termination of which will remove the unit from the common interest community but does not include a person having an interest in a unit solely as security for an obligation. In a condominium or planned community, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person, in a cooperative, the declarant is treated as the owner of any unit to which allocated interests have been allocated pursuant to section 38-33.3-207 until that unit has been conveyed to another person, who may or may not be a declarant under this article.

  • Major project means a project comprising of a series of works, activities or services which is intended, in itself, to accomplish a definite and indivisible task of a precise economic or technical nature, which has clearly identified goals and whose total cost exceeds that which is specified in the Framework Agreement;

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Non-Operator means a party other than the operator;

  • Major Holder means with respect to any registration the Holder that, together with its Affiliates, includes the largest number of Registrable Securities in such registration.

  • Major Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement.

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • land owner s association" means an organisation established by owners of a group of properties to collectively regulate their conduct and share the costs of maintaining and improving shared infrastructure and services, including a home owner’s association;

  • Major Investor means any Investor that, individually or together with such Investor’s Affiliates, holds at least 1,000,000 shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof).

  • brand owner means a person or company who sells any commodity under a registered brand label ;

  • Major system means the primary structural, mechanical, plumbing, electrical, fire protection, or occupant service components of a building which include but are not limited to, weatherization, roofing, plumbing (including wells), heating, electricity, sanitary plumbing (including septic systems), lead paint abatement or load bearing structural systems.

  • Owner Representative means that Person or Persons designated by Owner in a written notice to Contractor who shall have complete authority to act on behalf of Owner on all matters pertaining to the Work, including giving instructions and making changes in the Work. The Owner Representative as of the Contract Date is designated in Section 4.9.

  • Owner’s Representative has the meaning given in Section 2.2.