Ownership and/or Control definition

Ownership and/or Control means and includes, without limitation, all voting rights and beneficial ownership with respect to all classes of stock, interests in limited liability companies, general partnerships, and limited partnerships, and/or beneficial interests under a trust, as may be applicable to the type of entity which is prohibited from making the particular Transfer in question. The term “Third Party” shall mean and include any person or entity that has acquired or hereafter acquires any interest in Tenant and any person or entity that is or becomes a joint venturer or general or limited partner of Tenant with respect to all or any portion of the Leased Premises and/or this Lease.
Sample 1Sample 2Sample 3
Ownership and/or Control means and includes, without limitation, more than fifty percent (50%) of all voting rights and all beneficial ownership rights and interests, including without limitation, all such rights with respect to all classes of stock, interests in partnerships, limited liability company membership interests and/or beneficial interests under a trust, as may be applicable to the type of entity which is making the particular Transfer in question.
Sample 1Sample 2
Ownership and/or Control means, without limitation, a majority of voting rights and beneficial ownership with respect to all classes of stock, interests in partnerships or limited liability companies, and/or beneficial interests under a trust, as may be applicable to the type of entity in question. In the case of a trust, such term shall also include the rights of the trustee as well as the beneficiary.
Sample 1

Examples of Ownership and/or Control in a sentence

  • Required Notice of Change in Ownership and/or Control Whenever there is any change in circumstances affecting a DBE’s ability to meet size, disadvantaged status, ownership, or control requirements of the DBE Program (e.g., new by-laws, owners, directors, officers, or officer powers, etc.), or any material change in the information provided in the DBE’s application form, the DBE shall submit a written statement noting the effective changes with supporting documents.

  • Further, in case of a single Bidder, the Bidder shall neither undertake nor shall it permit any Change in Ownership and/or Control.

  • Over-the-top live content is coming to sport, with established broadcasters, newer digital publishers, rights holders, telecoms firms, social media platforms and technology giants all engaged in some form.

  • Additionally, the Supervision Manager notified Armbruster that, since MORTGAGE PROCESSING is still an active Illinois residential mortgage licensee, it must comply with all annual reporting requirements, and that a request for Change of Ownership and/or Control needs to be first approved by the Department, and the requisite $500 fee paid.

  • Other elements of ownership discretion and control of a technical nature may be relevant and will be taken into account, as needed, on a case-by-case basis.5 U Subsequent Changes in Ownership and/or Control: Applicants are evaluated on the basis of documentation submitted at the time of certification.

  • Further, it shall also commit that the members of the Consortium shall neither undertake nor shall they permit any Change in Ownership and/or Control until the debt portion of the Project Cost is satisfactorily paid to the lenders.

  • Policy on Change of Ownership and/or Control Approved are additional requirements for institutions seeking approval to transition from a for- profit to a non-profit status, which constitutes both a change of ownership and a change of control.

  • PLEASE TELL ME HAD HE/SHE SUCH CHILDREN INCLUDING THE DECEASED ONES.

  • The Commission noted that the institution failed to provide a complete change of ownership application, as required by ACCET Document 22 – Policy on Change of Ownership and/or Control.

Related to Ownership and/or Control

  • Common ownership means the same or substantially similar persons or entities that maintain a

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Transfer of ownership Includes, but is not limited to, the conveyance of a Mortgaged Property, whether legal or equitable, voluntary or involuntary, by any of the following methods:

  • predatory or similar loan under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees).

  • Deportation or forcible transfer of population means forced displacement of the persons concerned by expulsion or other coercive acts from the area in which they are lawfully present, without grounds permitted under international law;

  • Substantial governmental relationship means the extent of a governmental relationship necessary under Ohio law to make an added guarantee contract issued incident to that relationship valid and enforceable. A guarantee contract is issued "incident to that relationship" if it arises from a clear commonality of interest in the event of an UST release such as conterminous boundaries, overlapping constituencies, common groundwater aquifer, or other relationship other than monetary compensation that provides a motivation for the guarantor to provide a guarantee.

  • Change in Ownership means change of ownership of the Bidder/Member in a Bidding Consortium by way of merger/ acquisition/ amalgamation/ reorganisation/ consolidation/ demerger;

  • Multi-family housing means a building or structure that is designed to house two (2) or more different households in separate housing Units which have full kitchen facilities including oven/range, refrigerator, kitchen sink with hot and cold water supply and food storage facilities and at least one (1) full bathroom facility(s), one (1) full bedroom and one (1) living area (including a combination thereof such as studio arrangements).

  • Foster family home means a private home in which children are placed for foster family care under supervision of the cabinet or a licensed child-placing agency;

  • Imminent danger to the health and safety of the public means the existence of any condition or practice, or any violation of a permit or other requirement of this chapter in a surface coal mining and reclamation operation, which condition, practice, or violation could reasonably be expected to cause substantial physical harm to persons outside the permit area before such condition, practice, or violation can be abated. A reasonable expectation of death or serious injury before abatement exists if a rational person, subjected to the same conditions or practices giving rise to the peril, would not expose the person's self to the danger during the time necessary for abatement.

  • OVI or OVUAC violation means a violation of section 4511.19 of the Revised Code or a violation of an existing or former law of this state, any other state, or the United States that is substantially equivalent to section 4511.19 of the Revised Code.

  • Equity Ownership means the percentage ownership and control, exercised by individuals within an enterprise.

  • Data Protection Laws means EU Data Protection Laws and, to the extent applicable, the data protection or privacy laws of any other country;

  • Change in Ownership or Control means a change in the ownership or effective control of the Company or in the ownership of a substantial portion of the assets of the Company determined in accordance with Section 280G(b)(2) of the Code.

  • Applicable Data Protection Laws means all national, international and local laws, regulations and rules by any government, agency or authority relating to data protection and privacy which are applicable to CPA Global or the Customer, including but not limited to The General Data Protection Regulation (Regulation (EU) 2016/679), (GDPR);