Controlling Participation definition
Controlling Participation means, with respect to any Whole Loan or A-Note, the participation interest that entitles the holder thereof to control servicing and other decisions with respect to such Whole Loan or A-Note pursuant to the related Participation Agreement.
Controlling Participation means any person, directly or indirectly (whether acting alone or in concert): (b) 作为客户或服务供应商竞争对手的第三方 （即非关联方）分别获得或成为服务供应商或客户的直接或间接控股参股的实益拥有人。在本第 19.1 (b)条中，"控股参与 "指任何直接或间接（单独或一致行动）的人： • holding majority of the voting rights in the SERVICE PROVIDER or the CUSTOMER respectively; -分别持有服务供应商或客户的多数表决权； • having the right to appoint or remove a majority of the management of in the SERVICE PROVIDER or the CUSTOMER respectively; -有权任命或罢免服务供应商或客户的多数管理层； • controlling alone, pursuant to an agreement with others, a majority of the voting rights in the SERVICE PROVIDER or the CUSTOMER respectively and/or -根据与他人达成的协议，单独控制服务供应商或客户的多数表决权，及/或 • holding all or the substantial assets of the in the SERVICE PROVIDER or the CUSTOMER respectively. -分别持有服务提供方或客户的全部或大部分资产。