Minority Owner definition

Minority Owner means an owner of a professional organization:
Minority Owner has the meaning given in clause 10.3(a)(iv).
Minority Owner means, with respect to any Subsidiary of the Borrower, any Person (other than a Group Member) who or which directly owns on the Closing Date any Equity Interests in such Subsidiary.

Examples of Minority Owner in a sentence

  • However, if replacement of the management agent is warranted and the Development received points for Minority Owner Business Enterprise (MBE) or Woman Owned Business Enterprise (WBE), the new management must also satisfy these criteria.

  • In cases involving the death of a Minority Owner, which does not result in a change in General Manager, if HMA approves the heir as new Minority Owner, then HMA and DEALER will simply amend the current Agreement to reflect the new minority ownership.

  • Except as provided for in Section 4.5, in no event shall a Closing Date occur more than 60 days after the Minority Owner Election Date (such date, the “Cross-Over Date”).

  • Miller, What Buy-Out Rights, Fiduciary Duties, and Dissolution Remedies Should Apply in the Case of the Minority Owner of a Limited Liability Company?, 38 HARV.

  • The Company's Amended and Restated 1997 Stock Option Plan shall be effective upon the consummation of the Company's initial public offering of its common stock.

  • Hightimes and the Escrow Agent shall have delivered the signed Majority Owner Escrow Agreement and Minority Owner Escrow Agreement to the respective Owners.

  • Pursuant to a PRC court order dated 15th May, 2007, a liquidation team (comprising representatives of the Company and the Minority Owner, and a PRC liquidator) was appointed by the PRC court on 15th May, 2007.

  • The Minority Owner hereby severally represents and warrants to Hightimes, solely as to the matters relating specifically to the Minority Owner set forth in Section 5.02, Section 5.04, Section 5.05, Section 5.06, and Section 5.22 below (collectively, the “Minority Owner Representations”).

  • Except in cases involving the death of a Minority Owner, discussed in the next sentence, the new agreement will be for a term of one (1) year.

  • The TWIC card is the first line of defense against people who are not following the rules and regulations set forth to protect the maritime domain.


More Definitions of Minority Owner

Minority Owner means any Person that owns less than 51% of the Capital Securities of any Restricted Subsidiary.
Minority Owner has the meaning given to it in Section 5.2(c). “Minority NSR” has the meaning given to it in Section 5.2(c).‌
Minority Owner means, with respect to any Real Estate Project, any Person(s) holding a minority ownership interest in any Project Level Entity formed on account of a joint venture with the Borrower or any Subsidiary of the Borrower.
Minority Owner means HHC One Park Boulevard, LLC, a Delaware limited liability company.
Minority Owner means any Person, other than a Credit Party, that owns less than 51% of the Capital Securities of any Restricted Subsidiary. "Minority Owner Pledge Agreement" a Pledge Agreement to be executed and delivered by a Minority Owner, in substantially the form of the Credit Party Pledge Agreement with such changes as the Administrative Agent may reasonably request, as said Agreement shall be modified and supplemented and in effect from time to time.
Minority Owner means any Current Owner who is not a Primary Owner.

Related to Minority Owner

  • Minority-owned business means a business that is at least 51 percent owned by one or more minority individuals who are United States citizens or legal resident aliens, or in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest in the corporation, partnership, or limited liability company or other entity is owned by one or more minority individuals who are United States citizens or legal resident aliens, and both the management and daily business operations are controlled by one or more minority individuals.

  • Minority person means a person who is a citizen or lawful permanent resident of the United States and who is any of the following:

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • lay member means a member of the Authority, who is not, nor has been:

  • Minority person means a Black American, Hispanic American, Native American (including American Indian, Eskimo, Aleut, and Native Hawaiian), Asian-Indian American (including a person whose origins are from India, Pakistan, or Bangladesh), Asian-Pacific American (including a person whose origins are from Japan, China, the Philippines, Vietnam, Korea, Samoa, Guam, the United States Trust Territories of the Pacific, Northern Marianas, Laos, Cambodia, or Taiwan).

  • Bona fide member means an individual who participates in activities of a qualified organization

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

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.