Ownership and control definition

Ownership and control means ownership of at least 51% of
Ownership and control means ownership of at least 51% of the business, including corporate stock if a corporation, and control over the management and day-to-day operations of the business and an interest in the capital, assets, and profits and losses of the business proportionate to percentage of ownership. [410 ILCS 705/1-10]
Ownership and control means ownership of at least fifty-one percent (51%) of the

Examples of Ownership and control in a sentence

  • Ownership and control of all materials or facility components to be demolished or removed from the Project site by Contractor shall immediately vest in Contractor upon severance of the component from the facility or severance of the material from the Project site.

  • Explanation 1: Ownership and control is clearly determined as per the extant FDI policy.

  • Ownership and control of the corporation or association rests solely with its members, and at least one parent member of the corporation is on the premises during the center's hours of operation.

  • Ownership and control informa- tion: That is, the name, position, and residence address of every owner of the business and of every person having power to control its management and policies with respect to the activity subject to special tax.

  • Ownership and reporting by Contractor of demolished materials: Ownership and control of all materials or facility components to be demolished or removed from the Project site by Contractor shall immediately vest in Contractor upon severance of the component from the facility or severance of the material from the Project site.


More Definitions of Ownership and control

Ownership and control means that the individual person(s) who ultimately directly or indirectly:
Ownership and control means ownership of at least 51% of the business, including corporate stock if a corporation, and
Ownership and control means: Individuals who do not exceed the Net Worth Limitation, must own at least fifty-one percent (51%) of the business, and they must control and manage the operations of the business on a daily basis.
Ownership and control means ownership, directly or through
Ownership and control means possession of the right to grant a valid license of the scope set forth in Section 3.1 herein.
Ownership and control means and include:
Ownership and control means ownership of at least