Controlled Companies definition

Controlled Companies means those companies in which OGX is directly or by means of other controlled companies, the owner of partnership rights that shall permanently assure predominance in corporate resolutions and the authority to elect the majority of the executive officers.

Controlled Companies means the companies in which the Company exercises Control, directly or indirectly, through other companies in which it holds interest.

Controlled Companies means the companies in which the Company, directly or indirectly, holds shareholder rights permanently granting preponderance in the company resolutions, and the power to elect the majority of the managers.

Examples of Controlled Companies in a sentence

• So long as Shares are listed on the Designated Stock Exchange, the board of Directors shall include such number of “independent directors” as the relevant rules applicable to the listing of any Shares on the Designated Stock Exchange require (subject to any applicable exceptions for Controlled Companies).

• Controlled Companies are all the entities where the Company has the power to control operating and financial policies, generally with a controlling share over 50%.

• The Plan does not give any Participant or any employee of the Corporation or any of its Associated Companies, Affiliated Companies, Subsidiary Companies or Controlled Companies the right or obligation to or to continue to serve as a Consultant, director, officer or employee, as the case may be, to or of the Corporation or any of its Associated Companies, Affiliated Companies, Subsidiary Companies or Controlled Companies.

• At no time since the commencement of the Company’s most recently completed financial year, has the Company relied on the exemption in subsection 3.3(2), Controlled Companies, or section 3.6, Temporary Exemption for Limited and Exceptional Circumstances.

• The Plan does not give any Participant or any employee of the Company or any of its Affiliated Companies, Subsidiary Companies or Controlled Companies the right or obligation to continue to serve as a Consultant, director, officer or employee, as the case may be, of the Company or any of its Affiliated Companies, Subsidiary Companies or Controlled Companies.

More Definitions of Controlled Companies

Controlled Companies means Beijing Lianjia, Beijing Yiju and Tianjin Xiaowu.

Controlled Companies means the companies under the Control of another.

Controlled Companies means any Person under Control of a certain Person;

Controlled Companies means CMC, MT, Monaco Telecom International S.A.M. and

Controlled Companies means the companies listed in Attachment 6.1.(a) has been and will be managed correctly, respecting the obligations assumed and without setting in being any acts, included the granting of powers of attorney, o whose nature, scope or duration exceed the limits of the ordinary management of such business, with the exception of the operations connected with the foreseen transfer of the SHARES;

Controlled Companies means the companies that are controlled by the Company, directly or through other subsidiaries. "Control" is characterized by the power effectively used to direct social activities and guide the functioning of the respective society's bodies, directly or indirectly, in fact or in law. There is a relative presumption of ownership of the control in relation to the person or group of persons bound by a shareholders' agreement or under common control who holds shares that have assured them an absolute majority of the votes of the shareholders present at the last three general meetings of the company, even though they do not hold shares that assure them an absolute majority of the voting capital.

Controlled Companies means companies in which the Company, directly or through other companies, is the holder of shareholder‘s rights that permanently ensure the majority of votes on corporate resolutions and the power to elect the majority of the management members.