substantial owners means any individuals entitled to more than 10% of the profits of or with an interest of more than 10% in an entity either directly or indirectly.
substantial owners mean(s) the natural person(s) having entitlement to more than 10% of an entity’s profits or possessing a participating interest of more than 10% in said entity, whether directly or indirectly.
substantial owners means individuals entitled to more than 10% of profits from an entity or with a direct or indirect interest of more than 10% in an entity.
Examples of substantial owners in a sentence
Failure of Grantee’s Substantial Owners to remain in compliance with their child support obligations in the manner set forth in either #1 or #2 constitutes an event of default.
More Definitions of substantial owners
substantial owners has the meaning defined under local or foreign tax laws, regulatory guidance or intergovernmental cooperation agreements.
substantial owners means any individuals entitled to more than ten per cent. (10%) of the profits of or with an interest of more than ten per cent. (10%) in an entity, directly or indirectly.
substantial owners means any individuals entitled to more than ten percent (10%) of the profits of or with an interest of ten percent (10%) or more in an entity either directly or indirectly.
substantial owners generally means any individuals entitled to more than 10% of the profits of or with an interest of more than 10% in an entity either directly or indirectly, subject always to applicable local laws.
substantial owners means each person owning ten percent (10%) or more interest in the business entity.
substantial owners of any business entity shall mean each owner, partner, officer, director,
substantial owners of any business entity shall mean each owner, partner, officer, director, stockholder and/ or Chairperson of the business entities Board of Directors owning ten percent (10%) or more interest in the business entity.