Commonly owned definition

Commonly owned means that more than 50 percent of the
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Commonly owned means that more than 50 percent of the voting control of each member of an affiliated group is directly or indirectly owned by a common owner or owners, either corporate or non-corporate, whether or not the owner or owners are members of the affiliated group. Whether voting control is indirectly owned shall be determined in accordance with section 318 of the federal Internal Revenue Code (26 U.S.C. s.318).
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Commonly owned means retailer and dealer permits owned by the same:
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Examples of Commonly owned in a sentence

  • Commonly owned or operated business premises may present consolidated financial statements.

  • Commonly owned or publicly dedicated open space lands of at least 30 percent of the total site.

  • Commonly owned open space does not include space occupied by infrastructure (e.g., roads, sewer, and water treatment plants).

  • Commonly owned, oper- ated or controlled media properties that do not comply with paragraphs (a) through (d) of this section may not be assigned or trans- ferred to a single person, group or entity, ex- cept as provided in this Note or in the Re- port and Order in Docket No. 02–277, released July 2, 2003 (FCC 02–127).

  • Commonly owned subject matter under AIA 35 U.S.C. 102 and 103 is treated under 37 CFR 1.104(c)(4)(i), and commonly owned subject matter under pre-AIA 35 U.S.C. 102 and 103 is treated under 37 CFR 1.104(c)(5)(i).

  • Commonly owned or controlled applicants may register as a PEORE or may register individually.

  • Commonly owned structures: Subject to final development plan approval, any structures included and installed as part of programmed open space and/or open space and entryway amenities shall be owned and maintained by the homeowner’s association.

  • Commonly owned Television Satellite Stations in any market (authorized pursuant to Note 5 of§ 73.3555 of the Commission’s Rules) that retransmit programming of the primary station are assessed a fee of$740 annually.

  • Commonly owned corporations--two or more corporations where five or fewer identical persons who are individuals, estates, or trusts own greater than 50 percent of the total voting power in each corporation.

  • Commonly owned area covered by roads may be included if they are roads that have been built by the developer of the area even if the roads will be dedicated to the Borough at a future date.


More Definitions of Commonly owned

Commonly owned means ownership by the same corporate entity or through either legal affiliates or partnerships other than common debt or tax equity partners.
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Commonly owned means that more than eighty per cent of the voting
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Related to Commonly owned

  • Owned means having all the customary elements of ownership, including the right of decision-making and sharing all the risks and profits commensurate with the degree of ownership interests as demonstrated by an examination of the substance, rather than the form of ownership arrangements.

  • Women Owned Business Enterprise or "WBE" means a firm awarded certification as a women owned and controlled business in accordance with City Ordinances and Regulations as well as a firm awarded certification as a women owned business by Cook County, Illinois. However, it does not mean a firm that has been found ineligible or which has been decertified by the City or Cook County.

  • Women-owned business means a business that is at least 51 percent owned by one or more women who are U.S. citizens or legal resident aliens, or in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest is owned by one or more women who are U.S. citizens or legal resident aliens, and both the management and daily business operations are controlled by one or more women.

  • Minority Owned Business Enterprise or "MBE" means a firm awarded certification as a minority owned and controlled business in accordance with City Ordinances and Regulations as well as a firm awarded certification as a minority owned and controlled business by Cook County, Illinois. However, it does not mean a firm that has been found ineligible or which has been decertified by the City or Cook County.

  • Voting Stock of any Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in the election of the Board of Directors of such Person.

  • Minority-owned business means a business that is at least 51 percent owned by one or more minority individuals who are United States citizens or legal resident aliens, or in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest in the corporation, partnership, or limited liability company or other entity is owned by one or more minority individuals who are United States citizens or legal resident aliens, and both the management and daily business operations are controlled by one or more minority individuals.

  • Black woman-owned enterprise means an enterprise with at least 25, 1% representation of black women within the black equity and management portion.