Significant Participation definition

Significant Participation means the direct or indirect ownership or holding of 30% (thirty percent) or more of the common voting Shares.
Significant Participation means “direct administrative or operating authority to approve, disapprove, or otherwise decide government action with respect to a specific matter, whether the authority is intermediate or final, exercisable alone or with others, and exercised personally or through subordinates.”8 2. The Montgomery County Public Ethics Law. The express legislative findings and statement of policy underlying the Montgomery County Public Ethics Law (the Ethics Law) are as follows: 3 The Commission understands, from the presence of the DPW in this matter, that the requester’s agency either receives funds from the County or uses property owned by the County. Otherwise, DPW would not be involved in this procurement.4 § 11B-52 (“Public employee, employ, and significant participation, as used in this section, are defined in Chapter 19A”).
Significant Participation means making a decision, approval, disapproval, recommendation, rendering of advice, investigation, or similar action taken as an officer or employee. Significant participation ordinarily does not include program or legislative oversight, or budget preparation, review, or adoption.

Examples of Significant Participation in a sentence

  • Additionally, in accordance with Article 14 of the Company’s By-Laws, the person to whom the documents evidencing the deposit were issued, must also be registered as a shareholder in the Registry maintained by the Company, and if applicable, in the Significant Participation Registry, and must also comply with the measures designed to prevent the acquisition of shares that would directly or indirectly confer control over the Company, pursuant to Articles 7 and 10 of the Company’s By-Laws.

  • Additionally, in accordance with Article 14 of the Corporate By-Laws, the person to whom the documents evidencing the deposit were issued, must also be registered as a shareholder in the Registry maintained by the Company, and if applicable, in the Significant Participation Registry, and must also comply with the measures designed to prevent the acquisition of shares that would directly or indirectly confer control over the Company, pursuant to Articles 7 and 10 of the Company’s By-Laws.

  • Additionally, in accordance with Article 14 of CEMEX’s by-laws, the person to whom the documents evidencing the deposit were issued, must also be registered as a shareholder in the Registry maintained by CEMEX, and if applicable, in the Significant Participation Registry, and must also comply with the measures designed to prevent the acquisition of shares that would directly or indirectly confer control over CEMEX, pursuant to Articles 7 and 10 of CEMEX’s by-laws.

  • When it entails the acquisition of a Significant Participation or its purpose is a change of Control of the Company.

  • Additionally, in accordance with Article 14 of CEMEX’s By-Laws, the person to whom the documents evidencing the deposit were issued, must also be registered as a shareholder in the Registry maintained by CEMEX, and if applicable, in the Significant Participation Registry, and must also comply with the measures designed to prevent the acquisition of shares that would directly or indirectly confer control over CEMEX, pursuant to Articles 7 and 10 of CEMEX’s By-Laws.

  • Additionally, in accordance with Article 14 of CEMEX’s by-laws, the person to whom the documents evidencing the deposit were issued, must also be registered as a shareholder in the Shareholders Registry maintained by CEMEX, and if applicable, in the Significant Participation Registry, and must also comply with the measures designed to prevent the acquisition of shares that would directly or indirectly confer control over CEMEX, pursuant to Articles 7 and 10 of CEMEX’s by-laws.


More Definitions of Significant Participation

Significant Participation means, alone or acting in concert with one or more other persons:
Significant Participation means the direct or indirect ownership or possession of 15% (fifteen percent) of more of the Shares, when said participation does not grant Control over the Company.
Significant Participation means direct administrative or operating authority to approve, disapprove, or otherwise decide government action with respect to a specific matter, whether the authority is intermediate or final, exercisable alone or with others, and exercised personally or through subordinates. It ordinarily does not include program or legislative oversight, or budget preparation, review, or adoption.3 Analysis As ordinarily and popularly understood, the term “significant participation” would include making recommendations, rendering advice, conducting investigations, and other such activities. Indeed, in construing the term “participated significantly” in the post-state-employment provision of the Maryland Public Ethics Law,4 the State Ethics Commission has read the term “participation” “to include acting or failing to act in one’s official capacity, ‘personally and substantially, through approval, disapproval, decision, recommendation, the rendering of advice, investigation or otherwise.’”5 This ordinary and popularly understood meaning also is expressly stated in federalpost-government-employment restrictions,6 and, absent more, would be consistent with Montgomery County’s express intent that its Public Ethics Law be liberally construed to accomplish its broad policy goals.77 However, the Montgomery County Ethics law defines the term “significant participation,” and in contrast to the State Ethics Law or the Federal statute that defines “participation” broadly, the County’s definition of “significant participation” is relatively narrow:Significant participation means direct administrative or operating authority to approve, disapprove, or otherwise decide government action with respect to a specific matter, whether the authority is

Related to Significant Participation

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Unfunded Advances/Participations means (a) with respect to the Administrative Agent, the aggregate amount, if any (i) made available to the Borrowers on the assumption that each Lender has made its portion of the applicable Borrowing available to the Administrative Agent as contemplated by Section 2.02(d) of the Credit Agreement and (ii) with respect to which a corresponding amount shall not in fact have been returned to the Administrative Agent by the Borrowers or made available to the Administrative Agent by any such Lender, (b) with respect to any Swingline Lender, the aggregate amount, if any, of participations in respect of any outstanding Swingline Loan that shall not have been funded by the Revolving Credit Lenders in accordance with Section 2.22(e) of the Credit Agreement and (c) with respect to any Issuing Bank, the aggregate amount, if any, of participations in respect of any outstanding L/C Disbursement that shall not have been funded by the Revolving Credit Lenders in accordance with Sections 2.23(d) and 2.02(f) of the Credit Agreement.

  • Specific contract participation goals means the goals as stipulated in the Preferential Procurement Regulations, 2001. In addition to above-mentioned goals, the Regulations [12. (1)] also make provision for organs of State to give particular consideration to procuring locally manufactured products.

  • Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).