Management Control means the possession, directly or indirectly of the power to direct or cause the direction of the management and policies of the Concessionaire, whether through the ownership of voting securities, by contract or otherwise or the power to elect or appoint more than 50% (fifty percent) of the directors, managers, partners or other individuals exercising similar authority with respect to the Concessionaire.
Management Control means, with respect to any direct or indirect interest in the Borrower or the Property (not including Manager under an Approved Management Agreement), the power and authority to make and implement or cause to be made and implemented all material decisions with respect to the operation, management, financing and disposition of the specified interest.
Management Control means holding more than 50 percent of the voting power on any board of directors or trustees, any management committee, or any other group managing a corporation, partnership, limited liability company or trust.
Examples of Management Control in a sentence
If GFP is provided or acquired for use on individual TOs, and it is approved to do so IAW FAR 45.102 and DFARS PGI 245.103-70, the Contractor shall control, maintain, care for, and use Government Property in its possession or control from the time of receipt until properly relieved of responsibility IAW FAR and DFARS clauses outlined in the Contractors Property Management Control Plan.
More Definitions of Management Control
Management Control means the authority to set and enforce:
Management Control means: (1) owning interests representing more than fifty percent (50%) of the voting, appointment or designation power for the selection of a majority of the Board of Directors of a corporation or organization, the management committee members of a joint venture or partnership, or the members of the management board of a limited liability company; or (2) having the right, pursuant to written contract or the by-laws, charter, operating agreement or similar documents of an organization, to elect, appoint or designate a majority of the Board of Directors of a corporation or organization, the management committee of a joint venture or partnership or the management board of a limited liability company.
Management Control means that the Company has either:
Management Control means the effective control of the management of a Measured Entity by reference to Top Management;
Management Control means that the policyholder has the right to control the day-to-day management of the relevant entity and sets security and internal control procedures, whether financial or operational.
Management Control means:
Management Control in relation to an Enterprise, the ability to direct or cause the direction of the business and management policies or practices of the Enterprise;