Prohibited financial interest definition

Prohibited financial interest means any direct or indirect financial interest in any coal mining operation.
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Prohibited financial interest means 1) an ownership interest of any amount or any nature in a for- profit Business Entity (including stock, stock options and partnership interests) but excluding an ownership interest in investment vehicles, such as mutual funds and retirement accounts, as long as the Representative (or his/her spouse, domestic partner or dependent child) does not directly control the investment decisions made in these vehicles; 2) royalties, fees or any other one time or periodic payment or the right to receive any such payment in the future under a patent or a copyright license, assignment or other agreement where the technology or copyrighted work which is the subject of the license or other agreement is directly and significantly related to Human Subjects Research; and 3) payments of any kind (for example, consulting fees, expense reimbursement, honoraria, gifts or in- kind compensation) from a for-profit entity that in the aggregate have, in the prior calendar year, exceeded $10,000 or are expected to exceed $10,000 in the next twelve months. Payments under a multi-year agreement with a for- profit entity which are expected to exceed $10,000 over the term of the agreement will constitute a Prohibited Financial Interest unless the agreement can be terminated at the election of the Representative not less frequently than every twelve (12) months, and the payments under the agreement do not otherwise constitute a Prohibited Financial Interest under Section 3 of this definition.
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Prohibited financial interest means any direct or indi-
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More Definitions of Prohibited financial interest

Prohibited financial interest means any direct or indirect financial interest in any coal mining operation. (History: 82-4-204, 82-4-205, MCA; IMP, 82- 4-254, MCA; NEW, 1980 MAR p. 725, Eff. 4/1/80; AMD, 1989 MAR p. 30, Eff. 1/13/89; TRANS, from DSL, 1996 MAR p. 3042.)
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Related to Prohibited financial interest

  • Significant Financial Interest means anything of monetary value, including but not limited to, salary or other payments for services (e.g., consulting fees or honoraria); equity interests (e.g., stocks, stock options or other ownership interests); and intellectual property rights (e.g., patents, copyrights, license agreements, and royalties from such rights). The term does not include:

  • Material financial interest means a personal and pecuniary interest, direct or indirect, accruing to a public servant or spouse, either individually or in combination with each other. Notwithstanding the foregoing, the following shall not be deemed to be a material financial interest with respect to a business with which a public servant may be associated:

  • Financial Interest means either:

  • immaterial financial interest means any financial interest with a determinable monetary value, the aggregate of which does not exceed R1 000 in any calendar year from the same third party in that calendar year received by –

  • Prohibited Investment means Property (other than prescribed excluded Property as that term is defined in the Tax Act) that is: