Black enterprise definition

Black enterprise means an enterprise that is 50,1% owned by black persons and where there is substantial management control. Ownership refers to economic interest while management refers to the membership of any board or similar governing body of the enterprise.

Black enterprise means an enterprise that is at least 51% beneficially owned by Black People and in which Black People have substantial Management Control. Such beneficial ownership may be held directly or through other Black Enterprises;

Black enterprise means a legal entity with fifty point one per cent (50.1%) or more of its equity owned by Black People and participation in its board of directors controlled by Black People;

Examples of Black enterprise in a sentence

• The Private Party shall procure that for the duration of the Project Term:- there is no dilution in the aggregate Equity holdings of the Black Shareholders below the Minimum Black Equity; and there is no Change in Control (at any time) in any Shareholder that is a Black Enterprise, which will result in that Shareholder no longer being a Black Enterprise.

• Awards include: Emmy Award (1996) New England Cable News; AP Award “Best Newscast”; contributed to CNN Peabody Award--Hurricane Xxxxxxx, contributed to CNN Xxxxxx X XxXxxx Award—Southeast Asia tsunami disaster; Black Enterprise Magazine’s America’s Most Powerful Players Under 40; Ebony’s Outstanding Women in Marketing & Communications; Communicator of the Year by National Black MBA’s.

• Xxxx has been featured in Inspirational Woman Magazine and in a CNN article, XxxxxxXxxxxxx.xxx, prweb, Xx.xxx, Noodls, as well as in Black Enterprise magazine’s “On the Move” column, and Xxxxxxxx & Company’s Currents “Associate Spotlight” column.

More Definitions of Black enterprise

Black enterprise an enterprise that is at least 50,1% (fifty comma one percent) beneficially owned by Black People and in which Black People have Management Control. Such beneficial ownership may be held directly or through other Black Enterprises;

Black enterprise means an enterprise that is at least 50.1% beneficially

Black enterprise means a company or economic entity which qualifies as such in terms of the Codes and in which a Black Person or Black People own 51% (fifty-one percent) or more of the issued shares;

Black enterprise means an enterprise that is 50,1% owned by black persons and

Black enterprise means an entity that is at least 50,1% owned by black persons and where there is substantial management control by black persons. Ownership refers to economic interest, whilst management refers to the membership of any board or similar governing body of the enterprise;

Black enterprise means an enterprise where 50.1% is owned by blacks and where there is substantial management control;

Black enterprise means an enterprise that is 50,1% owned by black persons and where there is substantial