Group Business Entity definition

Group Business Entity means;
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Group Business Entity means a Business Entity, which directly or indirectly holds not less than 26% of voting securities in the Bidder; or A Business Entity in which the Bidder directly or indirectly holds not less than 26% of voting securities.
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Group Business Entity means a Business Entity, which directly or indirectly or through common control holds not less than 26% of voting securities in the Bidder; or A Business Entity in which the Bidder directly or indirectly or through common control holds not less than 26% of voting securities.
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Examples of Group Business Entity in a sentence

  • Detail of Bidder as a Single Bidder including Group Business Entity whose Technical Capacity and Financial Capacity is claimed by the Bidder (as applicable) and Consortium 3.

  • We, [including all the other members of the Consortium], further certify that no investigation by a regulatory authority is pending either against us/[any Member of the Consortium] or against our/their Parent, Ultimate Parent, Affiliate, Associate and Group Business Entity or against our CEO or any of our directors, managers and employees.

  • We declare that we or our Parent, Ultimate Parent, Affiliate, Associate and Group Business Entity are not submitting another Bid.

  • The Financial Capacity would be summation of the net worth of the Bidder and the net worth of the Group Business Entity.

  • The Parties hereby undertake to participate in the Bidding Process only through this Consortium and not individually and/ or through any other consortium constituted for this Project, either directly or indirectly or through any of their Group Business Entity.

  • For the avoidance of doubt, this disqualification shall not apply where such advisor was engaged by the Bidder, its Member or any of its Parent, Ultimate Parent, Affiliate, Associate and Group Business Entity in the past but the assignment expired or was terminated prior to the date of issue of this RFS.

  • If any Group Business Entity, whose credentials have been relied on by the Bidder or a Member of the Consortium to demonstrate Technical Capacity and Financial Capacity, ceases or will cease to be a Group Business Entity of the Bidder or such Member until expiry of First Contract Year, Then the Bidder shall give APDCL notice of such occurrence forthwith along with all relevant particulars of such occurrence.

  • Such Bidder or its Parent, Ultimate Parent, Affiliate, Associate and Group Business Entity has participated as a consultant to APDCL in the preparation of any documents, design or technical specifications of the Projects.

  • Medi- care has approved the plan’s Drug List.The Drug List includes the drugs covered under Medi- care Part D (earlier in this chapter, Section 1.1 explains about Part D drugs).

  • For the purpose of ascertaining qualification towards meeting Financial Capacity, the Bidder participating as a Single Bidder or as a Consortium can meet the Financial Capacity on its own or may claim the experience of its Parent, Ultimate Parent, Affiliate or Group Business Entity.

Related to Group Business Entity

  • Business Entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • Women Business Enterprise (WBE) as used in this policy means a business enterprise that meets all of the following criteria:

  • minority business enterprise means any small contractor or supplier of materials fifty-one percent or more of the capital stock, if any, or assets of which is owned by a person or persons: (1) who are active in the daily affairs of the enterprise, (2) who have the power to direct the management and policies of the enterprise, and (3) who are members of a minority, as such term is defined in subsection (a) of Connecticut General Statutes § 32-9n; and

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Minority Owned Business Enterprise or "MBE" means a firm awarded certification as a minority owned and controlled business in accordance with City Ordinances and Regulations as well as a firm awarded certification as a minority owned and controlled business by Cook County, Illinois. However, it does not mean a firm that has been found ineligible or which has been decertified by the City or Cook County.

  • Women Owned Business Enterprise or "WBE" means a firm awarded certification as a women owned and controlled business in accordance with City Ordinances and Regulations as well as a firm awarded certification as a women owned business by Cook County, Illinois. However, it does not mean a firm that has been found ineligible or which has been decertified by the City or Cook County.

  • Group Entity means any of the Company and Subsidiaries of the Company.

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Uniform business entity application means the current version of the NAIC Uniform Business Entity Application for resident and nonresident business entities.

  • Minority-owned business means a business that is at least 51 percent owned by one or more minority individuals who are United States citizens or legal resident aliens, or in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest in the corporation, partnership, or limited liability company or other entity is owned by one or more minority individuals who are United States citizens or legal resident aliens, and both the management and daily business operations are controlled by one or more minority individuals.