Effectively owned or controlled definition

Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the Offeror's officers or a majority of the Offeror's board of directors by any means, e.g., ownership, contract, or operation of law (or equivalent power for unincorporated organizations).
Effectively owned or controlled means that the Turkish government or any entity controlled by the Turkish government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the entity’s officers or a majority of the entity’s board of directors by any means, e.g., ownership, contract, or operation of the law (or equivalent power for unincorporated organizations).
Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of Offeror’s officers or a majority of

Examples of Effectively owned or controlled in a sentence

  • Effectively owned or controlled means that a foreign entity has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the offeror’s officers or a majority of the offeror’s board of directors by any means, e.g., ownership, contract, or operation of law (or equivalent power for unincorporated organizations).


More Definitions of Effectively owned or controlled

Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election,
Effectively owned or controlled means that a non-U.S. government or any entity controlled by a non-
Effectively owned or controlled means that a foreign government or any entity con- trolled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the elec- tion, appointment, or tenure of the Offeror’s officers or a majority of the Offeror’s board
Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the Offeror's officers or a majority of the Offeror's board of directors by any means, e.g., ownership, contract, or operation of law (or equivalent power for unincorporated organizations). (2) "Entity controlled by a foreign government" -- (i) Means -- (A)Any domestic or foreign organization or corporation that is effectively owned or controlled by a foreign government; or (B)Any individual acting on behalf of a foreign government. (ii) Does not include an organization or corporation that is owned, but is not controlled, either directly or indirectly, by a foreign government if the ownership of that organization or corporation by that foreign government was effective before October 23, 1992. (3) "Foreign government" includes the state and the government of any country (other than the United States and its possessions and trust territories) as well as any political subdivision, agency, or instrumentality thereof. (4) "Proscribed information" means -- (I) Top Secret information; (ii) Communications Security (COMSEC) information, except classified keys used to operate secure telephone units (STU IIIs); (iii)Restricted Data as defined in the U.S. Atomic Energy Act of 1954, as amended; (iv) Special Access Program (SAP) information; or (v) Sensitive Compartmented Information (SCI).
Effectively owned or controlled means that the Turkish government or any entity controlled by the Turkish government has the power, either directly or indirectly, whether exercised or
Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly,
Effectively owned or controlled means that a foreign government or any entity con- trolled by a foreign government has the48 CFR Ch. 2 (10–1–15 Edition)Phone Number with Country Code, City Code and Area Code, as applicable) Name and Address of Offeror.power, either directly or indirectly, whetherexercised or exercisable, to control the elec- tion, appointment, or tenure of the Offeror’s officers or a majority of the Offeror’s board of directors by any means, e.g., ownership, contract, or operation of law (or equivalentName and Address of Entity Controlled by a Foreign Gov- ernment.Description of Inter- est, Ownership Per- centage, and Iden- tification of For- eign Governmentpower for unincorporated organizations).