Corporate Control definition

Corporate Control means (a) in the case of corporate entities, direct or indirect ownership of at least fifty percent (50%) of the stock or shares having the right to vote for the election of directors, and (b) in the case of non-corporate entities, direct or indirect ownership of at least fifty percent (50%) of the equity interest with the power to direct the management and policies of such non-corporate entities.
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Corporate Control means the actually exercised power to direct the corporate activities and guide the action of the Companies’ bodies, whether directly or indirectly, either in fact or by operation of law, irrespective of the equity interest held. Additionally, a relative legal presumption applies that a controlling interest is held by a person, or Shareholders Group, holding an equity interest which have assured the absolute majority of the votes among the shareholders attending to the last three (3) shareholders meetings of the Company, even if not actually holding an absolute majority of the total voting shares issued by the Company.
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Corporate Control shall have the following meaning: A corporation or other entity shall be regarded as having Corporate Control of another corporation or entity if it owns or directly or indirectly controls more than fifty percent (50%) (or, if less, the maximum ownership interest permitted by law of a particular jurisdiction) of the voting stock or other ownership interest of the other corporation or entity, or if it possesses, directly or indirectly, the power to direct or cause the direction of the management and policies of the corporation or other entity or the power to elect or appoint fifty percent (50%) or more of the members of the governing body of the corporation or other entity.
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Examples of Corporate Control in a sentence

  • Title: Procedures for Applicants Requiring Section 214 Authorization for Domestic Interstate Transmission lines Acquired Through Corporate Control, 47 CFR Sections 63.01, 63.03, and 63.04.

  • Reporting directly to the President: - the President’s Office; - the Corporate Control; - the Directorate of Communication, Marketing and Public Relations; - the Directorate of Ex-Post Project Evaluation; - the Directorate of Human Resources; - the Regional PPP Project Development Unit; - the Regional Collaboration Centre.

  • The term 'benefit' is open to a wide interpretation and may include the early vesting of Options and Rights under the Plan in the event of a 'Corporate Control Event' which, or has resulted in, a person acquiring voting power of more than 50% in the Company.

  • POZEN shall promptly notify Licensee in writing following consummation of a Change of Corporate Control of POZEN.

  • On Xxxxxxxxxxx'x role in facilitating the Ha'xxxxx scheme see Xxxxxxxxxxx Xxxxxx, The Foreign-Exchange Dimension of Corporate Control in the Third Xxxxx: The Case of Schering AG, in: Contemporary European History 12/1 (2003), pp.


More Definitions of Corporate Control

Corporate Control shall have the meaning set forth in Section 14.3.1.
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Corporate Control means the controls department of Sateri.
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Corporate Control shall have the following meaning: A corporation or other entity shall be regarded as having Corporate Control of another corporation or entity if it owns or directly or indirectly controls more than fifty percent (50%) (or, if less, the maximum ownership interest permitted by law of a particular jurisdiction) of the voting stock or other ownership interest of the other corporation or entity, or if it possesses, directly or indirectly, the power to direct or cause the direction of the management and policies of the corporation or other entity or the power to elect or appoint fifty percent (50%) or more of the members of the governing body of the corporation or other entity. “Excluded Affiliate” shall mean a Third Party over which Genelabs had no Corporate Control at the Effective Date which becomes an Affiliate of Genelabs after the Effective Date.
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Related to Corporate Control

  • Corporate Change means one of the following events: (i) the merger, consolidation, or other reorganization of the Company in which the outstanding Stock is converted into or exchanged for a different class of securities of the Company, a class of securities of any other issuer (except a direct or indirect wholly owned subsidiary of the Company), cash or other property; (ii) the sale, lease or exchange of all or substantially all of the assets of the Company to any other corporation or entity (except a direct or indirect wholly owned subsidiary of the Company); or (iii) the adoption by the stockholders of the Company of a plan of liquidation or dissolution.

  • Corporate Group means the Corporation and its Subsidiaries treated as a single consolidated entity.

  • Change in Control of the Corporation means a change in control of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934, as amended ("Exchange Act"), or any successor thereto, whether or not the Corporation is registered under the Exchange Act; provided that, without limitation, such a change in control shall be deemed to have occurred if (i) any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the "beneficial owner" (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Corporation representing 25% or more of the combined voting power of the Corporation's then outstanding securities; or (ii) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board of Directors of the Corporation cease for any reason to constitute at least a majority thereof unless the election, or the nomination for election by stockholders, of each new director was approved by a vote of at least two-thirds of the directors then still in office who were directors at the beginning of the period.

  • Chief Pretrial Services Officer (i.e., CPSO) means the individual appointed by the court to supervise the work of the court’s pretrial services staff. For the purpose of the contract, the “Chief Probation Officer” acts as the contract administrator on behalf of the Director of the Administrative Office of the United States Courts.

  • medical officer means a medical practitioner who is—

  • Corporate Officer means, with respect to the Recipient, its president; any vice president in charge of a principal business unit, division, or function (such as sales, administration or finance); any other officer who performs a policy-making function; or any other person who performs similar policy making functions for the Recipient. Executive officers of subsidiaries or parents of the Recipient may be deemed Corporate Officers of the Recipient if they perform such policy-making functions for the Recipient.

  • corporate debtor means a corporate person who owes a debt to any person;

  • State Controlling Body (SCB) means a state or territory motorcycling association affiliated as a member of MA;

  • Corporate Headquarters means the location that is the primary center of direction, control and coordination for the company.

  • Certified peace officer means a peace officer certified by the

  • Chief Probation Officer (i.e., CUSPO) means the individual appointed by the United States District Court to supervise the work of the court’s probation staff. For the purpose of the contract, the “Chief Probation Officer” acts as the contract administrator on behalf of the Director of the Administrative Office of the United States Courts.

  • Control Group means the Company and its Affiliates.

  • Corporate Defendants means Money Now Funding, LLC, a/k/a Money

  • Chief Procurement Officer abbreviated as "CPO" means the chief executive of the City's Department of Procurement Services ("DPS"), and any representative duly authorized in writing to act on the Chief Procurement Officer's behalf.

  • Chief Student Services Officer means the Administrative Officer at the College who has overall management responsibility for student services, or his/her designee.

  • Corporate Defendant means Health Research Laboratories, LLC, and its successors and assigns.

  • Executive Officer means, with respect to any corporation, the Chief Executive Officer, Chief Operating Officer, Chief Financial Officer, President, Executive Vice President, any Vice President, the Secretary or the Treasurer of such corporation; and with respect to any partnership, any general partner xxxxxxx.

  • Chief Operating Officer means the Chief Operating Officer of the Corporation.

  • Police officer means every officer authorized to direct or regulate traffic, or to make arrests for violations of traffic regulations.

  • Chief Medical Officer means the chief medical officer under

  • Deputy Chairman means the Non-Executive Director appointed by the Council of Governors to take on the Chairman’s duties if the Chairman is absent for any reason.

  • effective control means a relationship constituted by rights, contracts or any other means which, either separately or jointly and having regard to the considerations of fact or law involved, confer the possibility of directly or indirectly exercising a decisive influence on an undertaking, in particular by:

  • Peace officer means a law enforcement official of a public

  • Deputy President means a Deputy President of the Tribunal;

  • Chief means Chief Agri/Industrial, a division of Chief Industries, Inc.

  • Executive Management means the CEO and the CFO for purposes of administering this Plan.