Control or Controlled Sample Clauses
The "Control or Controlled" clause defines what it means for one party or entity to have authority over another, typically in the context of corporate relationships. It usually specifies the criteria for control, such as ownership of a majority of voting shares, the right to appoint directors, or the ability to direct management decisions. This clause is essential for clarifying which entities are considered affiliates or subsidiaries under the agreement, ensuring that rights and obligations are properly allocated among related parties.
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Control or Controlled. Ownership of more than fifty percent (50%) of all of the voting stock of a corporation or more than fifty percent (50%) of all of the legal and equitable interest in any other business entity.
Control or Controlled. “Control” or “Controlled” shall mean with respect to any material, item of information, or intellectual property right, the possession, whether by ownership, license or otherwise, of the right to grant a license or other right with respect thereto to the extent set forth herein.
Control or Controlled. “Control” or “Controlled” shall mean with respect to any (a) material, document, item of information, method, data or other Know-How or (b) intellectual property right, the possession (whether by ownership or license, other than by a license granted pursuant to the Prior Agreement or this Agreement) by a Party or its Affiliates of the ability to grant to the other Party access, ownership, a license and/or a sublicense as provided herein without violating the terms of any agreement or other arrangement with any Third Party entered into or existing as of the time such Party or its Affiliates would first be required hereunder to grant the other Party such access, ownership, license, or sublicense.
Control or Controlled or Controlling The ability, directly or indirectly, to direct the activities of the relevant entity, including, without limitation, the holding of (i) more than 50% of the issued share capital, or (ii) such share capital as carries directly or indirectly, more than 50% of the shareholder votes in a general meeting or the ability to appoint or elect more than 50% of the directors or equivalent of such entity. End Date As defined in Section 7.1(c). Equity Securities Warrants, options, convertible securities, convertible debt and any other instrument or security convertible into shares or other capital securities of an entity. Escrow Agent An escrow agent to be mutually determined by the parties on or prior to Closing. Escrow Agreement The escrow agreement entered into on or prior to the Closing Date, by and among the Purchaser, the Escrow Agent and the Sellers, pursuant to which the Purchaser shall deposit the Purchase Shares and the Purchase Price with the Escrow Agent to be applied to the transactions contemplated hereunder. Exchange Act Securities Exchange Act of 1934, as amended. Exchange Information As defined in Section 4.6(e). Governmental Authority In any jurisdiction, including British Virgin Islands, P.R.C, the United States of America, any (i) national, federal, state, local, foreign or international government, (ii) court, arbitral or other tribunal, (iii) governmental or quasi-governmental authority of any nature (including any political subdivision, instrumentality, branch, department, official or entity), or (iv) agency, commission, authority or body exercising, or entitled to exercise, any administrative, executive, judicial, legislative, police, regulatory or taxing authority or power of any nature. Hostile State Any of the following states: Iran, Syria, Lebanon, North-Korea, Libya, Saudi-Arabia, Sudan, Pakistan, Iraq, Yemen, and any other state that does not maintain diplomatic relations with the United States of America.