jointly controlled entity definition
jointly controlled entity means a jointly controlled entity defined in the Accounting Act;
jointly controlled entity means a business association in which, on the one hand, the parent company (or the consolidated subsidiary of the parent company), and on the other hand, one (or several) other enterprise(s), have the rights defined in Point 1 on an equal basis, with at least 33 per cent voting rights. A jointly controlled entity is managed jointly by the owners;
jointly controlled entity or “JCE” means a Joint Venture Company which is subject to
More Definitions of jointly controlled entity
jointly controlled entity means any corporation, association or other business entity primarily engaged in a Permitted Business, of which at least 20% of the voting power of the outstanding Capital Stock is owned, directly or indirectly, by the Parent Guarantor or any Restricted Subsidiary and which is treated as a "jointly controlled entity" in accordance with GAAP, and such Jointly Controlled Entity's Subsidiaries.
jointly controlled entity means any corporation, association or other business entity primarily engaged in a Permitted Business, of which at least 20% of the voting power of the outstanding Capital Stock is owned, directly or indirectly, by the Company or any Restricted Subsidiary and which is treated as a “jointly controlled entity” in accordance with GAAP, and such Jointly Controlled Entity’s Subsidiaries.
jointly controlled entity or “JCE” means a jointly-controlled entity is a Joint Venture
jointly controlled entity means a Joint Venture Company which is subject to joint control,