Controlling Member definition

Controlling Member. , in relation to a company, means a member who beneficially holds, directly or indirectly, either alone or together with a related person or persons
Controlling Member means an individual or entity that has the ability to direct the activity of the Company (alone or together with its Relatives or Affiliates). A person or entity shall be considered to be a Controlling Member if: (1) it holds half or more of the rights to appoint directors of the Company; or (2) it holds 25% or more of the rights to vote in the Company’s general meeting; for the purposes of holding, two or more individuals or entities who holds voting rights in the company and each of whom has a personal interest in the approval of the same transaction or act shall be deemed as one Holder.
Controlling Member. , in relation to a company, means a member who beneficially holds, directly or indirectly, either alone or together with an associate or associates:

Examples of Controlling Member in a sentence

  • Xxxxx Title: Chief Executive Officer WISCONSIN TRIBAL GAMING, LLC By Mohegan Ventures Wisconsin, LLC, its Controlling Member By Mohegan Tribal Gaming Authority, its sole member By: /s/ Xxxxxxxx Xxxxxxxxxx Xxxxx Name: Xxxxxxxx X.

  • The Controlling Member is currently undertaking, managing and guiding the development of Hobsonville Point.

  • Delivered to the registered office of the Controlling Member; orIt is transmitted to the email address provided by the Controlling Member to the Secretary for the purposes of this clause.

  • The Controlling Member shall offer information and advice to assist the Society and Members with resolving any development-related issues in an effective and timely manner, provided however that the Controlling Member shall be entitled to ensure that Society and Member activities (or omissions) do not impinge its development activities or have any other negative effect.

  • The accidental omission to give notice or the non-receipt of such notice by any Member shall not invalidate the proceedings at any such meeting save that omission (howsoever arising) to give notice to the Controlling Member shall invalidate all proceedings and resolutions.


More Definitions of Controlling Member

Controlling Member of a partnership means any general partner or any limited partner with 10 percent or more equity interest in the partnership.
Controlling Member means a Borrower designated by the Borrower Representative to establish and maintain control, directly or indirectly, of a designated affiliate, whether through the ownership of such Person’s voting securities, partnership interests, membership, reserved powers, the power to appoint such Person’s members, trustees or directors or otherwise.
Controlling Member means Hobsonville Land Company Limited and its assigns.
Controlling Member means Amneal Pharmaceuticals, LLC.
Controlling Member is defined in Section 6.1.2.
Controlling Member is defined in Section 8.1.
Controlling Member means Mohegan Ventures Wisconsin, LLC, a limited liability company formed under the laws of the Tribe.