Management Control definition

Management Control means the possession, directly or indirectly of the power to direct or cause the direction of the management and policies of the Concessionaire, whether through the ownership of voting securities, by contract or otherwise or the power to elect or appoint more than 50% (fifty percent) of the directors, managers, partners or other individuals exercising similar authority with respect to the Concessionaire.
Management Control means, with respect to any direct or indirect interest in the Borrower or the Property (not including Manager under an Approved Management Agreement), the power and authority to make and implement or cause to be made and implemented all material decisions with respect to the operation, management, financing and disposition of the specified interest.
Management Control means: (1) owning interests representing more than fifty percent (50%) of the voting, appointment or designation power for the selection of a majority of the Board of Directors of a corporation or organization, the management committee members of a joint venture or partnership, or the members of the management board of a limited liability company; or (2) having the right, pursuant to written contract or the by-laws, charter, operating agreement or similar documents of an organization, to elect, appoint or designate a majority of the Board of Directors of a corporation or organization, the management committee of a joint venture or partnership or the management board of a limited liability company.

Examples of Management Control in a sentence

  • On the Management Control element, the DTI explained that all the FSC targets are aligned to the 2013 Generic Codes.

  • Karl Stum, “Using Energy Management Control Systems for HVAC Operational Diagnostics,” Proceedings, Eleventh Symposium on Improving Building Systems in Hot and Humid Climates (June 1998), pp.

  • Management Control is measured in two ways: the average of black executives and black women who are members of Boards.

  • Contact the Component Information Management Control Officer or DoD Clearance Officer for this information.

  • All the targets on Management Control were not achieved: 23,26% of black executive members of Boards of companies in 2014, which dropped to 22,59% in 2015 and black women executive members were 11,91% in 2014, which increased to 13,27% in 2015, missing the 25% target in both years.


More Definitions of Management Control

Management Control means holding more than 50 percent of the voting power on any board of directors or trustees, any management committee, or any other group managing a corporation, partnership, limited liability company or trust.
Management Control means the authority to set and enforce:
Management Control means that the Company has either:
Management Control means the effective control of the management of a Measured Entity by reference to Top Management;
Management Control means that the Insured has the right to control the day-to-day management of the relevant entity and to set security and internal control procedures, whether financial or operational.
Management Control means:
Management Control means the authority to set and enforce (1) priorities; (2) standards for the selection, supervision, and termination of personnel in its employ; and