Owner or officer definition

Owner or officer means an individual who owns an ownership interest in an entity or holds a position where the person has authority to manage, direct, control, or make decisions for:
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Owner or officer is a newly defined term that means:
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Examples of Owner or officer in a sentence

  • If DEALER, or any Owner or officer of DEALER, is convicted of any felony or for any violation of law which in DISTRIBUTOR's opinion tends to adversely affect the ownership, operation, management, reputation, business, or interests of DEALER or DISTRIBUTOR, or to impair the goodwill associated with the Toyota Marks.

  • If DEALER, the Dealer Operator, or any Owner or officer of DEALER submits any false information to COMPANY or otherwise makes any material misrepresentation to COMPANY.

  • If DEALER, the Dealer Operator or any Owner or officer of DEALER is convicted of any felony.

  • Except as disclosed in Schedule 4.27, Seller is not a party to any contract, agreement, license, lease, or arrangement with, or any other commitment to, directly or indirectly, (1) any Owner or officer or director of Seller or a Related Person to any of the foregoing; (2) any corporation, trust, or other entity in which any such person has an equity or participating interest; or (3) or any partnership in which any such person has a partnership or participating interest.

  • Except as provided in this Agreement and the Exhibits hereto (as they may be updated from time to time), COMPANY has made no promises to DEALER, Dealer Operator, or any Owner or officer and there are no other agreements or understandings either oral or written between the parties affecting this Agreement or relating to any of the subject matters covered by this Agreement.