Ownerships definition

Ownerships means the timeshare interests in the Program, which is a time-share use as such term is defined in California Business & Professions Code §11212.

Examples of Ownerships in a sentence

  • A specific chapter in the Internship agreement should define precisely the Intellectual Property Ownerships for any results generated during the internship/work placement.

  • The Company's second source of funding shall be debt in the form of loans from its shareholders, participation in which shall be offered to the Shareholders pro rata based on their respective Percentage Ownerships in the same manner as under the preemptive rights for equity offerings provided below in this Section 9.

  • After six years of inactivity, Ownerships will be closed, and any Profit ▇▇▇▇▇▇ acquired will be returned to Libro.

  • Inactive Ownerships Ownerships become inactive when the latest Demand Account experiences no transaction for a continuous two-year period.

  • Notifications will be sent at the two-year mark to notify Owners of their Ownerships inactivity.

  • Ownerships will be identified along with easements as listed in the title certificates.

  • Each of the Consenting Holders hereby agrees that, for so long as this Agreement shall remain in effect, it shall not sell, transfer or assign all or any of its Relevant Ownerships or any option thereon or any right, interest (voting or otherwise) therein, unless the transferee agrees in writing to be bound by the terms of this Agreement by executing a counterpart signature page to this Agreement and the transferor promptly provides POAMI with a copy thereof.

  • However, any such additional Old Notes acquired by a Consenting Holder or any of their respective subsidiaries or affiliates shall automatically be deemed to be Relevant Ownerships and subject to the terms of this Agreement.

  • During the term of this LLC, a Manager may be removed for any reason by a vote of those Members who hold more than one percent of the then Ownership Interests, and for cause by a vote of those Members holding a majority of the Ownerships Interests.

  • Except as disclosed on the Mortgage Loan Schedule, none of the Mortgage Loans are classified as "high cost" Mortgage Loans under Section 32 of the Home Ownerships and Equity Protection Act of 1994.

Related to Ownerships

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Ownership Interest As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

  • Equity Ownership means the percentage ownership and control, exercised by individuals within an enterprise.

  • Joint Ownership - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.

  • Partnerships is defined in the Recitals of this Agreement.