Means of Control definition

Means of Control means in relation to a company, each of the following: (i) the right to vote in the general meeting of such company or a corresponding body of another
Means of Control means in relation to a company, each of the following: (i) the right to vote in the general meeting of such company or a corresponding body of another company; (ii) the right to appoint directors of such company, its general manager or its president;
Means of Control means, in a corporation, any of the following:

Examples of Means of Control in a sentence

  • The Persons who undertake towards the Company to be deemed a Founding Shareholder and approved as such by the Minister of Communications shall hold in the aggregate at least 26% of each of the Means of Control of the Company, or such lower percentage thereof as may be approved from time to time by Minister of Communications.


More Definitions of Means of Control

Means of Control means, in relation to any Person that is not an individual (such Person, a “Body Corporate”), any of the following:
Means of Control means any of the following: (1) the right to vote at a General Meeting of the Company; (2) the right to appoint a Director or General Manager of the Company; (3) the right to participate in the profits of the Company; or (4) the right to a share of the remaining assets of the Company after payment of its debts upon liquidation.The “Memorandum” shall mean the Memorandum of Association of the Company, as amended from time to time.The “Minimum Israeli Holding Percentage” shall mean the minimum percentage of each of the Means of Control in the Company required to be held by the Israeli Shareholders from among the Founding Shareholders (which, as of the date on which these Articles become effective, are DIC), pursuant to the Cellular License and the Other Licenses, which as of July 31, 2017 is 5%, provided, however, that “dormant shares” (as defined in the Companies Law) held by the Company shall not be counted as part of the Company’s outstanding share capital for the purpose of calculating the Minimum Israeli Holding Percentage.
Means of Control shall have the meaning set forth in the Israeli Banking (Licensing) Law, 1981.
Means of Control. As defined in the Companies Law;
Means of Control means, in a corporation, any of the following: 55.1. The right to vote at the general meeting of a company or at an equivalent meeting of another entity;
Means of Control. In a corporation – any one of the following: (1) the right to vote at a general meeting of a company or in an entity corresponding thereto in another corporation; (2) the right to appoint a director or CEO; (3) the right to participate in the profits of the corporation; (4) the right to a share in the balance of the assets of the corporation after payment of its debts on liquidation.
Means of Control means each of the following: