Ultimate Parent Company definition

Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

Ultimate Parent Company means a company which directly or indirectly owns at least twenty six percent (26%) paid up equity capital in the Bidding Company) and/or in the Financially Evaluated Entity and such Bidding Company and /or the Financially Evaluated Entity shall be under the direct control or indirectly under the common control of such company;

Ultimate Parent Company means a company which directly or indirectly owns at least twenty six percent (26%) paid up equity capital in the Bidding Company or Member of a Consortium, (as the case may be) and/or in the Financially Evaluated Entity and such Bidding Company or Member of a Consortium, (as the case may be) and/or the Financially Evaluated Entity shall be under the direct control or indirectly under the common control of such company;

Examples of Ultimate Parent Company in a sentence

• Provided that, in case the Lead Member or Bidding Company is holding equity through Affiliate/s, Ultimate Parent Company or Parent Company, such restriction as specified above shall apply to such entities.

• Provided that in case the Lead Member or Bidding Company is holding equity through Affiliate/s, Ultimate Parent Company or Parent Company, such restriction as specified in (a) and (b) above shall apply to such entities.

• No Contractor Party shall be required to act or refrain from acting if to do so would make such Contractor Party or its Ultimate Parent Company liable to penalization under the laws of any jurisdiction applicable to such Contractor Party or its Ultimate Parent Company notwithstanding anything to the contrary in this Agreement.

• Ultimate Parent Company The ultimate holding company and the parent company of the largest group that presents group accounts within which BCCL’s accounts are consolidated is Barclays PLC.

• Any assignment by a Contractor Party shall be expressly conditioned upon the assignee providing to SOCAR an Ultimate Parent Company Guarantee similar to that referred to in Article 22.5. At the same time as SOCAR gives approval to a proposed assignment of a Participating Interest or part thereof or within ten (10) days following a deemed approval of a proposed assignment SOCAR shall deliver to the assignee an SCA Ultimate Parent Company Guarantee.

More Definitions of Ultimate Parent Company

Ultimate Parent Company means a Parent Undertaking (if any) of the relevant person which is not a subsidiary undertaking of any other person (where “subsidiary undertaking” has the meaning given in Section 1162 of the Companies Act 2006 (as amended);

Ultimate Parent Company means a Company, which owns not less than fifty one percent (51%) equity either directly or indirectly in the Parent and Affiliates;

Ultimate Parent Company means a Company, which owns more than fifty percent (50%) equity shareholding either directly or indirectly in the Parent Company.

Ultimate Parent Company means an entity which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and / or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and / or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such entity;

Ultimate Parent Company means a Constituent Entity of a Group that meets the following criteria -

Ultimate Parent Company means a Parent Undertaking (if any) of the relevant person which is not a subsidiary undertaking of any other person (where

Ultimate Parent Company means a parent company which controls, either directly or indirectly in accordance with the criteria set out in Article 22(1) to (5) of Directive 2013/34/EU of the European Parliament and of the Council*, one or more subsidiary companies and is not controlled by another company;