Control means Sample Clauses
The "Control means" clause defines what constitutes control over an entity, typically in the context of corporate governance or contractual relationships. It usually specifies the criteria by which one party is considered to have control over another, such as owning a majority of voting shares, having the power to appoint directors, or otherwise directing management decisions. This clause is essential for clarifying when certain rights or obligations are triggered in agreements, ensuring all parties understand when control is deemed to exist and thereby reducing ambiguity and potential disputes.
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Control means. 1.1.14.1 the holding of shares or the aggregate of holdings of shares or other securities in a company entitling the holder thereof to exercise, or cause to be exercised, more than 50% (fifty percent) of the voting rights at shareholders meetings of a company irrespective of whether such holding or holdings confers de facto control; or
1.1.14.2 the holding or control by a shareholder or member alone or pursuant to an agreement with other shareholders or members of more than 50% (fifty percent) of the voting rights in a company; or
1.1.14.3 the ability to appoint the majority of the directors of a company
Control means. The Supplier selected by SAPA must have efficient static methods and monitoring criteria for activities related to the production and provision of services, adequate means of control / testing equipment, in such quantity and technological rate as to ensure the execution and adequacy of all controls and tests, to ensure compliance with the characteristics of the product with the requirements of the SAPA technical documentation and that of the customer, at each stage of the production process. The evaluation of measuring and testing devices shall be carried out in accordance with international standards (ANFIA Manual - "Analysis of measuring systems" and AIAG Manual "MSA" ) and monitored in accordance with IATF 16949. If the supplier does not have suitable means or criteria to carry out directly and independently the specific controls and tests prescribed by the documented information provided by SAPA or the customer, they must: Report through appropriate channels, to PRO, TM and PQ/CQ of SAPA the characteristics that they are not able to examine, notifying the qualified and accredited laboratory to which they intend to entrust the execution, giving evidence of accreditation according to ISO / IEC 17025 and suitability of the certification for the kind of test to be carried out. SAPA avails itself of the right not to accept the laboratory indicated by the Supplier. Send a copy of the test reports/certificates to the SAPA TM, PQ/CQ involved in the verification of the sampling or lots (as specified on the relevant order) intended for production, attaching them, when necessary, to the CQC joined to the transport document. Carefully archive and retain the original test documentation for the prescribed time. Notify the SAPA TM, PQ/CQ of any inconsistencies, deviations or misalignments in the progress of operational activities.
Control means. 2.1.12.1.1 the power (whether by way of ownership of shares, proxy, contract, agency or otherwise) to:
2.1.12.1.2 cast, or control the casting of, more than 50% (fifty percent) of the maximum number of votes that might be cast at a general meeting of an Obligor;
2.1.12.1.3 appoint or remove all, or the majority, in terms of the voting power, of the directors or other equivalent officers of an Obligor; or
2.1.12.1.4 give directions with respect to the operating and financial policies of an Obligor with which the directors or other equivalent officers of an Obligor are obliged to comply; or
2.1.12.1.5 the holding beneficially of not less than 50% (fifty percent) of the issued share capital of an Obligor (excluding any part of that issued share capital that carries no right to participate beyond a specified amount in a distribution of either profits or capital); and