Effectively controlled definition
Effectively controlled means having the power or authority to cause the transfer of an interest in real estate for one- self or another but does not include the authority conferred by a real estate listing contract.
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Related to Effectively controlled
publicly controlled means owned by or otherwise under the control of an organ of state, including—
Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the Offeror's officers or a majority of the Offeror's board of directors by any means, e.g., ownership, contract, or operation of law (or equivalent power for unincorporated organizations).
Controlled have meanings correlative to the foregoing.
Commonly Controlled Entity an entity, whether or not incorporated, that is under common control with the Borrower within the meaning of Section 4001 of ERISA or is part of a group that includes the Borrower and that is treated as a single employer under Section 414 of the Code.