Substantial interest definition

Substantial interest means holding of a beneficial interest by an individual or his spouse or minor child, whether singly or taken together in the shares of a company, the amount paid up on which exceeds ten per cent of the paid up capital of the company; or the capital subscribed by all the partners of a partnership firm;

Substantial interest means combined ownership by you and your spouse of at least 10% of the voting stock or shares of a business entity, or that you or your spouse is a partner, limited partner, or officer of the business entity.

Substantial interest means the ownership, either legally or equitably, by an individual, the individual's spouse, or the individual's minor children, of at least 10% of the outstanding shares of a corporation or 10% interest in any other business entity.

Examples of Substantial interest in a sentence

• Substantial interest means a participation interest where the Bank factually or legally has a direct or indirect substantial interest in the company’s governance and operations (this means the Bank’s ability to participate in financial and operational guidance of the company but without a controlling interest).

• Substantial interest has been devoted to studying how the menstrual cycle may affect athletic performance and mediate injury risk.

• Substantial interest in real property means an interest in real property which is an equitable or legal ownership with a market value of$5,000.00 or more.

• Substantial interest applies where the taxpayer, with or without his partner, is a direct or indirect holder of a minimum of 5% of the issued capital in a company of which the capital is distributed in shares.

• Substantial interest has been shown in this property by other companies.

More Definitions of Substantial interest

Substantial interest means any pecuniary or proprietary interest, either direct or indirect, other than a remote interest.

Substantial interest means the direct or indirect ownership of more than 25 percent of the assets or stock of any business.

Substantial interest means the ownership, either legally or equitably, by an

Substantial interest means the lesser of: as large an interest in a corporation, partnership, or association as that of any other shareholder, partner, or principal; or any financial or equity interest equal to or greater than five percent.

Substantial interest means any of the following:

Substantial interest means the direct or indirect legal or beneficial ownership of more than ten (10%) percent of any class of equity or similar interest.

Substantial interest means holding of a beneficial interest by an individual or his spouse or minor child, whether singly or taken together in