Outside Business Interests definition

Outside Business Interests means any investment or ownership interest resulting from or related to an Access Person’s Outside Business Activities. Some examples of Outside Business Interests include, without limitation, direct ownership of property not used for the relevant Access Person’s or her/his family’s residential use, ownership interests in joint ventures, partnerships, etc. in which the Access Person actively takes part in the conduct of the business of such joint venture, partnership, etc.
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Outside Business Interests means any interests or activities undertaken by a District employee for financial or other remuneration outside their role at the District including but not limited to private consulting, or owning, operating or being employed by a private business. Ownership of a private business does not include a financial interest in a legal entity engaged in business for profit which comprises no more than five percent (5%) of the equity of the business or no more than five percent (5%) of the assets of the business. In other words, if a District employee owns five percent (5%) or less of a business and is not otherwise employed by the business, then that business interest is not covered by this policy.
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Examples of Outside Business Interests in a sentence

  • Once an ISA is established, details must be disclosed via the Firm’s Outside Business Interests system (“OBI”).

  • If the account is managed by a Firm other than Morgan Stanley, you must submit a request in the Outside Business Interests System (the “OBI System”) and arrange for duplicate copies of trade confirmations and statements to be sent to Compliance.

  • If the account is managed by a firm other than Morgan Stanley, you must submit a request in the Outside Business Interests System (the “OBI System”) and arrange for duplicate copies of statements to be sent to Compliance.

  • The Firm permits employees to maintain Outside Business Interests as long as the Outside Business Interest does not: (i) create an actual or potential conflict of interest for the Firm; (ii) interfere with the employee’s duties to the Firm and its clients; or (iii) jeopardize the business or reputation of the Firm.

  • A record of all Outside Business Interests and Personal Associations disclosed to Compliance will be maintained in the Code of Ethics System.

  • You also must notify your supervisor, the Conflicts Management Officer (CMO) for your business unit in your region, a member of LCD or the Firm’s Global Conflicts Office (GCO) —including if an actual or potential conflict arises from an investment or activity that was previously approved through the Outside Business Interests (OBI) System.

  • Once an ISA is established, details must be disclosed via the Firm’s Outside Business Interests system “OBI”.

  • Please see the Outside Business Interests Policy – Deutsche Bank Group for additional information.

  • Once an ISA is established, details must be disclosed via the Firm's Outside Business Interests system ("OBI").

  • Employees may not engage in Outside Business Interests without approval from their supervisor, the CCO, General Counsel, and the CEO.

Related to Outside Business Interests

  • Business Intellectual Property means the Owned Intellectual Property and the Licensed Intellectual Property.

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Bondable transition property means the property consisting of

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.