close link definition

close link means a situation in which two or more natural or legal persons are linked by control or participation. A close link between two or more natural and legal persons also includes a situation in which the persons concerned are permanently linked to the same person by a control relationship;
close link means a situation in which two or more natural or legal persons are linked by-
close link means the situation in which two or more natural or legal persons are linked by dominant influence or participation. Where a company is linked to another company by way of a dominant influence, which constitutes a dominant influence over a third person, such third person shall also be regarded as closely linked with the person that is on the highest level. A situation in which two or more natural or legal persons are permanently linked to one and the same company by a control relationship shall also be regarded as a close link between such companies;

More Definitions of close link

close link means the close link referred to in Article 4(1)(38) of the CRR,
close link means a situation in which two or more natural or legal persons are linked by qualifying holding or control relationship, as referred to in the Law on banks.
close link means a situation in which persons are linked by control or participation. If one person controls two or more persons, it shall be considered that there is a close link between these persons.

Related to close link

  • close links means a situation in which two or more natural or legal persons are linked by:

  • Close of Trading means the Scheduled Closing Time of the Relevant Stock Exchange with respect to the Fund or any Successor Fund; and

  • Close contact means being within six feet of a COVID-19 case for a cumulative total of 15 minutes or greater in any 24-hour period within or overlapping with the “high-risk exposure period” defined by this section. This definition applies regardless of the use of face coverings.

  • Close-Out Date means a day on which, pursuant to the provisions of Section 8.1, the Non-Defaulting Party closes out Currency Obligations and/or Options or such close-out occurs automatically. "Closing Gain", as to the Non-Defaulting Party, means the difference described as such in relation to a particular Value Date under the provisions of Section 8.1.

  • Close of Business on any given date shall mean 5:00 P.M., New York City time, on such date; provided, however, that if such date is not a Business Day it shall mean 5:00 P.M., New York City time, on the next succeeding Business Day.