Substantial Equity Owner definition
Substantial Equity Owner means a natural or legal person of an entity if that person 1) is a general partner in such entity, if the entity is a limited partnership; 2) holds a 5 % or more direct or indirect equity interest in (or the power, by contract or other relationship, to direct the affairs or management of) such entity, if the entity is publicly-traded; or 3) holds a 20 % or more direct or indirect equity interest in (or the power, by contract or other relationship, to direct the affairs or management of) such entity, if the entity is privately-held.
Substantial Equity Owner means a natural or legal person of