de facto control definition

de facto control of a company by a person means direct or indirect influence of a kind that, if exercised, would result in the person's controlling the financial provider in fact, and includes any such influence exercisable by virtue of any such influence over, or the de jure control of, another financial service provider or other companies;
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de facto control. , in relation to a company, means actual control over the management of the company, whether the control is exercised through the holding of shares or other securities in the company or the right to appoint directors of the company, or otherwise;
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de facto control of a company by a person means
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More Definitions of de facto control

de facto control means ANY enterprise (Chinese or foreign) under the direct or indirect control of foreign investors or foreign-invested enterprises (Article 19).
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de facto control means a holding or aggregate holding of shares or other securities in a company entitling the holder thereof to exercise, or cause to be exercised, the specified percentage or more of the voting rights at meetings of that company;
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de facto control of a company by a person means direct or indirect influence of a kind that, if exercised, would result in the person's controlling the company in fact, and includes any such influence exercisable by virtue of any such influence over, or the de jure control of, another company or other companies;
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Related to de facto control

  • de facto spouse means a person of the opposite sex to the employee who lives with the employee as the husband or wife of the employee on a bona fide domestic basis, although not legally married to that person.

  • Indirect supervision means the supervision of an unlicensed school staff member when the school nurse or other health care provider is not physically available on site but immediately available by telephone.

  • Caretaker relative means a relative of a dependent child by blood, adoption, or marriage with whom the child is living, who assumes primary responsibility for the child's care (as may, but is not required to, be indicated by claiming the child as a tax dependent for federal income tax purposes), and who is one of the following:

  • Quasi-Sovereign means any entity fully guaranteed by a Sovereign or more than 50% directly or indirectly owned by a Sovereign. *

  • juridical person means any legal entity duly constituted or otherwise organised under applicable law, whether for profit or otherwise, and whether privately-owned or governmentally-owned, including any corporation, trust, partnership, joint venture, sole proprietorship or association;