Common use of Control or Controlled Clause in Contracts

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.