Control Person definition

Control Person means any individual or company that holds or is one of a combination of individuals or companies that holds a sufficient number of any of the securities of the Corporation so as to affect materially the control of the Corporation, or that holds more than 20% of the outstanding voting shares of the Corporation except where there is evidence showing that the holder of those securities does not materially affect the control of the Corporation;

Control Person means a director or executive officer of a licensee or a person who has the authority to participate in the direction, directly or indirectly through 1 or more other persons, of the management or policies of a licensee.

Control Person has the same meaning as in securities legislation except in Manitoba, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Xxxxxx Xxxxxx Island and Quebec where control person means any person that holds or is one of a combination of persons that holds

Examples of Control Person in a sentence

• The waiver of Rule 9 of the Takeover Code in Resolution 1, the proposed allotment authority in Resolution 2, the disapplication of statutory pre-emption rights in Resolution 3 and the approval of the issuance of the La Mancha Shares resulting in La Mancha becoming a new Control Person in Resolution 4 are necessary to allow the La Mancha Investment to proceed.

• The TSX-V requires the Company to seek approval from Disinterested Shareholders with respect to the creation of a new Control Person.

• Under the policies of the TSX-V, a Control Person is, subject to certain exceptions, a person that holds or is one of a combination of persons that holds a sufficient number of securities of a company so as to materially affect the control of that company, or that holds more than 20 per cent.

• Similarly, because the issuance of the La Mancha Shares will result in La Mancha becoming a Control Person, the issuance of the La Mancha Shares must be approved by Disinterested Shareholders under TSX-V policies.

• La Mancha will therefore be a new Control Person for the purposes of the TSX-V Manual as a result of the issue of the La Mancha Shares.

More Definitions of Control Person

Control Person means any person that holds or is one of a combination of persons that holds:

Control Person has the same meaning as in securities legislation except in Manitoba, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Xxxxxx Xxxxxx Island and Québec where control person means any person that holds or is one of a combination of persons that holds (i) a sufficient number of any of the securities of an issuer so as to affect materially the control of the issuer, or (ii) more than 20% of the outstanding voting securities of an issuer except where there is evidence showing that the holding of those securities does not affect materially the control of the issuer;

Control Person as defined in Section 3.6.

Control Person means any person who, as of the date of grant of an Option, owns (within the meaning of Section 422A(b)(6) of the Code) stock possessing more than 10% of the total combined voting power or value of all classes of stock of the Corporation or of any Parent or Subsidiary.

Control Person means any individual who has a Control relationship with the Fund or an investment adviser of the Fund.

Control Person shall have the meaning set forth in Section 4.8(a) hereof.

Control Person. As defined in Section 8.05.