Minority Interest definition
Examples of Minority Interest in a sentence
Each holder of a Congoleum Minority Interest is conclusively presumed to have accepted the Plan and is not entitled to vote to accept or reject the Plan under section 1126 of the Bankruptcy Code.
The net income (or loss) of a Person shall include, without duplication, the allocable share of the net income (or loss) of any other Person in which a Minority Interest is owned by such Person based on the ownership of such Person in such other Person.
A 50% beneficial interest in a Person, in connection with which the holder thereof exercises joint control over such Person with the holder(s) of the other 50% beneficial interest, shall not constitute a "Minority Interest" for purposes of this Section.
If Harbor shall be unable to acquire any of such Spinco Minority Interest Shares, they shall remain outstanding.
In turn, Total Capitalization shall be construed as the addition of consolidated Net Worth and individual Financial Indebtedness, plus Minority Interest.