Common ownership and control definition

Common ownership and control means that two or more captive insurance companies are owned or controlled by the same person or group of persons as follows:
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Common ownership and control means ownership and control of two or
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Common ownership and control means the power to direct or cause the direction of the management and policies of a person or an organization, whether by ownership of stock, by voting rights, by contract, or by other means.
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Examples of Common ownership and control in a sentence

  • Common ownership and control of all these companies is beyond dispute and in fact, the transfer of shareholding and the appointment of directors and officers seems to have been staggered only to present a prima facie defence that these are not related companies.

  • Common ownership and control requirements can be found in 42 CFR §414.414(e).

  • Common ownership and control of contiguous properties no longer requires that septic systems located on those tracts be permitted as a single system.

  • Common ownership and control of two entities is one of the factors which must be demonstrated for finding that the separate legal personality of the two entities is being abused.

  • Common ownership and control were irrelevant because restraint of trade was “the primary object of the combination.” Copperweld Corp.

  • Common ownership and control requirements can be found in 42 CFR § 414.414(e).

  • Common ownership and control is not an issue in the within matter.

  • Common ownership and control of 1171 and 1181 which supported the requirement for shared access at the time of the planning approvals in 2008 no longer exists.

  • Common ownership and control of two entities may demonstrate that the separate legal personalities of the two entities are being abused.


More Definitions of Common ownership and control

Common ownership and control means that two or more captive insurance
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Common ownership and control means ownership and control
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Common ownership and control means the direct or indirect ownership, control, or
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Common ownership and control means property owned or controlled by the same person, persons, or entity, or by separate entities in which any shareholder, partner, member, or family member of an investor of the entity owns ten percent or more of the interest in the property.
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Common ownership and control as defined by the Department, means any licensed psychiatric hospital or unit determined to be owned by the same legal entity as evidenced by the same Corporate Identification Number (CID) issued by the Michigan Department of Licensing and Regulatory Affairs, Corporate Division, and/or the same Federal Employer Identification Number (EIN). The parent corporation in a parent-subsidiary relationship does not own or control the licensed psychiatric hospitals or units of the subsidiary if they have separate CID and/or EIN from the subsidiary.
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Common ownership and control means ownership or control of at least fifty percent (50%) of the equity and voting .
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Related to Common ownership and control

  • Common ownership means the same or substantially similar persons or entities that maintain a

  • Generation Owner means a Member that owns, leases with rights equivalent to ownership, or otherwise controls and operates one or more operating generation resources located in the PJM Region. The foregoing notwithstanding, for a planned generation resource to qualify a Member as a Generation Owner, such resource shall have cleared an RPM auction, and for Energy Resources, the resource shall have a FERC-jurisdictional interconnection agreement or wholesale market participation agreement within PJM. Purchasing all or a portion of the output of a generation resource shall not be sufficient to qualify a Member as a Generation Owner. For purposes of Members Committee sector classification, a Member that is primarily a retail end- user of electricity that owns generation may qualify as a Generation Owner if: (1) the generation resource is the subject of a FERC-jurisdictional interconnection agreement or wholesale market participation agreement within PJM; (2) the average physical unforced capacity owned by the Member and its affiliates over the five Planning Periods immediately preceding the relevant Planning Period exceeds the average PJM capacity obligation of the Member and its affiliates over the same time period; and (3) the average energy produced by the Member and its affiliates within PJM over the five Planning Periods immediately preceding the relevant Planning Period exceeds the average energy consumed by the Member and its affiliates within PJM over the same time period. Generation Resource Maximum Output:

  • Change in Ownership means change of ownership of the Bidder/Member in a Bidding Consortium by way of merger/ acquisition/ amalgamation/ reorganisation/ consolidation/ demerger;

  • Constructive Ownership means ownership of Shares by a Person, whether the interest in Shares is held directly or indirectly (including by a nominee), and shall include interests that would be treated as owned through the application of Section 318(a) of the Code, as modified by Section 856(d)(5) of the Code. The terms “Constructive Owner,” “Constructively Owns” and “Constructively Owned” shall have the correlative meanings.

  • Equity Ownership means the percentage ownership and control, exercised by individuals within an enterprise.

  • Transfer of ownership Includes, but is not limited to, the conveyance of a Mortgaged Property, whether legal or equitable, voluntary or involuntary, by any of the following methods:

  • Information owner means the individual appointed in accordance with division (A) of section 1347.05 of the Revised Code to be directly responsible for a system.

  • Ownership Restrictions means collectively the Ownership Limit as applied to Persons other than the Initial Holder or Look-Through Entities, the Initial Holder Limit as applied to the Initial Holder and the Look-Through Ownership Limit as applied to Look-Through Entities.

  • Shared Ownership Lease means a shared ownership lease that meets:

  • Foster family home means a private home in which children are placed for foster family care under supervision of the cabinet or a licensed child-placing agency;

  • Joint Ownership - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.

  • Transfer of Control means, with respect to an eNote, a MERS eRegistry transfer transaction used to request a change to the current Controller of such eNote.

  • Percentage Stock Ownership means the percentage Stock Ownership interest of any Person or group (as the context may require) for purposes of Section 382 of the Code as determined in accordance with the Treasury Regulation § 1.382-2T(g), (h), (j) and (k) or any successor provision.

  • Veteran-owned Small Business Enterprise (VSBE) means A business that is verified by the Center for Verification and Evaluation (CVE) of the United States Department of Veterans Affairs as a veteran-owned small business. See Code of Maryland Regulations (COMAR) 21.11.13.

  • Stock Ownership means any direct or indirect ownership of Stock, including any ownership by virtue of application of constructive ownership rules, with such direct, indirect, and constructive ownership determined under the provisions of Section 382 of the Code and the regulations thereunder.

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Women-owned small business concern means a small business concern-

  • Foster home means the place of residence of any natural person in which any child, other than a

  • Beneficial Ownership Regulation means 31 C.F.R. § 1010.230.

  • Supportive housing means housing with no limit on length of stay, that is occupied by the target population, and that is linked to an onsite or offsite service that assists the supportive housing resident in retaining the housing, improving his or her health status, and maximizing his or her ability to live and, when possible, work in the community.

  • Veteran-owned small business concern means a small business concern—

  • Local Access and Transport Area or "LATA” has the meaning given to the term in the Act.