Common Control definition

Common Control means the power to direct or cause the direction of the management and policies of a person or an organization, whether by ownership of stock, voting rights, by contract, or otherwise.
Common Control means that two or more Persons are Controlled by the same other Person.
Common Control means those firms as defined by Internal Revenue Code § 52(b).

Examples of Common Control in a sentence

  • Any Person that directly or indi- rectly Controls, or is Controlled by, or is under Common Control with, any Person described in paragraphs (1) and (2) of this definition.

  • Pt. 108Restrictions on Common Control or Own- ership of Two or More NMVC Compa- nies108.460 Restrictions on Common Control or ownership of two (or more) NMVC Com- panies.Change in Structure of NMVC Company108.470 SBA approval of merger, consolida- tion, or reorganization of NMVC Com- pany.

  • Any Person that directly or indi- rectly Controls, or is Controlled by, or is under Common Control with, a Li- censee.

  • Two or more Licensees are presumed to be under Common Control if they are Af- filiates of each other by reason of com- mon ownership or common officers, di- rectors, or general partners; or if they are managed or their investments are significantly directed either by a com- mon independent investment advisor or managerial contractor, or by two or more such advisors or contractors that are Affiliates of each other.

  • Any Person that directly or indi- rectly Controls, or is Controlled by, or is under Common Control with, a NMVC Company.


More Definitions of Common Control

Common Control means two or more entities controlled by the same person or entity.
Common Control or a member of an "affiliated service group" within the meaning of Code Sections 414(b), (c) or (m), (ii) required to be aggregated under Code Section 414(o), or (iii) under "common control," within the meaning of Section 4001(a)(14) of ERISA, or any regulations promulgated or proposed under any of the foregoing Sections, in each case with any entity other than the Company.
Common Control means effective control in policy and operations and is not necessarily synonymous with com- mon ownership.
Common Control means two entities that are both Controlled by the same third entity.
Common Control means sharing an Ultimate Parent. For the purposes of this Section, "Ultimate Parent" means a person who is not Controlled by any other entity.
Common Control shall have correlative meanings.
Common Control means the ownership and voting control of more than 50% of the outstanding voting securities or interest in capital or profits of such specified Person, or the right to direct or control the management or affairs of such specified Person by contract or similar arrangement. Should a Person divest an Affiliate or should an Affiliate cease to satisfy this definition, such Affiliate’s rights and obligations under this JDA shall be terminated.