Examples of Hold Co in a sentence
Hold Co, in turn, owns 60 percent of the stock of X during the entire taxable year.
The Wage and Hour Division of DOL has provided that an employer can use the fluctuating pay method to compensate employees that work alternating and fluctuating workweeks pursuant to a fixed schedule.
The Shareholders shall be entitled in accordance with the Hold Co Articles and this Agreement to nominate and appoint in writing persons as Directors of the Company and to remove such persons from office.
Nothing in this sub-clause(f) shall prevent the service of a Transfer Notice which a Shareholder is required to give in accordance with the Hold Co Articles or the giving of a Deemed Transfer Notice in accordance with the Articles.
Hypothesis 2g: “The managers’ manoeuvrability is not limited through capital structure decisions” The respondents state that they are concerned with the flexibility and manoeuvrability of the management, but they do not use the capital structure to limit and control it.
Thus, the shares owned by Hold Co constitute a closely-held block of stock.
There shall be a Chairman of the Hold Co Board and the Project Co Board appointed or nominated in accordance with either sub-clause(b) or sub-clause (c) as the case may be.
Unless otherwise agreed by all of the Directors, a meeting of the Project Co Board shall follow immediately after a meeting of the Hold Co Board.
Any holding will always be a minority interest and no higher than 20% of issued share capital/debt, so WGCo will not be entitled to appoint more than one (1) Director to each of Project Co and Hold Co.
V.Rajaraman,2002, Fundamentals of Computers, Third Edition, PHI, New Delhi.