Material Interest definition

Material Interest means direct or indirect beneficial ownership (as defined in Rule 13d-3 under the Exchange Act) of voting securities or other voting interests representing at least ten percent (10%) of the outstanding voting power of a Person or equity securities or other equity interests representing at least ten percent (10%) of the outstanding equity securities or equity interests in a Person.

Material Interest means direct or indirect ownership of more than 5% of the total assets or capital stock of any business entity.

Material Interest means an actual or potential benefit or detriment, other than one that would devolve on the corporation or the shareholders generally, that would reasonably be expected to impair the objectivity of the director’s judgment when participating in the action to be taken; and

Examples of Material Interest in a sentence

• An Option may not be exercised if the Option Holder then has, or has had within the preceding twelve months, a Material Interest in a Close Company which is the Company or which is a company which has Control of the Company or which is a member of a Consortium which owns the Company.

• Please list any Material Interest you (or member of your Immediate Family) may have in any business unit.

• Please list the names of any corporations or business units in the following categories in which you (or any dependent relative) may have a Material Interest.

• Please list the names (not amount of the holdings) of any corporations or business units in which you (or any member of your Immediate Family) have a Material Interest and in which, to your knowledge, the Company or its affiliates or clients has an investment.

• A Director may make a declaration required by rule 16.3 either specifically or by way of a general notice stating that, by reason of the facts specified in the notice, he is to be has a Material Interest and is treated as having made a declaration where the existence, nature, character and extent of the Material Interest appears on the face of a document tabled before the Board.

More Definitions of Material Interest

Material Interest means direct or indirect ownership of more than 5 percent of the total assets or capital stock of any business entity.

Material Interest means the direct or indirect beneficial ownership (as currently defined in Rule 13d-3 under the Exchange Act) of voting securities or other voting interests representing at least ten percent (10%) of the outstanding voting power of a Person or equity securities or other equity interests representing at least ten percent (10%) of the outstanding equity securities or equity interests in a Person.

Material Interest means direct or indirect ownership of more than 5 percent of the total assets or capital stock of any business entity. For the purposes of this act, indirect ownership does not include ownership by a spouse or minor child.

Material Interest has the meaning set forth in the definition of “Related Person.”

Material Interest has the meaning set forth in Section 1.1(hhh);

Material Interest has the meaning assigned in the definition of Related Person.

Material Interest means an actual or potential benefit or