Owns or controls definition
Owns or controls means holds or is able to control the purchase or sale of at least five per cent of the equity of a publicly traded corporation or twenty-five per cent of the equity of any other business concern, either directly or through a holding company or subsidiary.
Owns or controls means, with respect to Technology or Intellectual Property Rights, the ownership or other possession of a right, title or other interest in such Technology or Intellectual Property Rights by a Person, in whole or in part. It is understood that ownership or possession of such Technology or Intellectual Property Rights includes ownership of legal title in such Technology or Intellectual Property Rights by formal conveyance or operation of Law, and possession of express or implied license or other contractual rights regarding such Intellectual Property Rights that may be conveyed to such Person by assignment or by license or sub-license without breaching the terms of any agreement with any other Person.
Owns or controls in this context: means that the Licensor is the owner of the technology or that the Licensed Technology is in the Licensor’s rightful possession, and that the Licensor has the right to grant the License to the Licensee without violating the terms of any agreement between the Licensor and the owner of the Licensed Technology, or any other third party.
Examples of Owns or controls in a sentence
Owns or controls You or owns or controls capital stock or other proprietary interest in the Named Insured.
Owns or controls any interest in a business entity or other non‑governmental organization that benefits, directly or indirectly, from activities with the applicant agency; or d.
A broker or subcontractor is not considered ‘‘independent’’ if it— Is an MCO, PIHP, PAHP, PCCM or other health care provider in the State; Is owned or controlled by an MCO, PIHP, PCCM, or other health care provider in the State; or Owns or controls an MCO, PIHP, PAHP, PCCM or other health care provider in the State.
More Definitions of Owns or controls
Owns or controls means, with respect to existing infrastructure in the Intervention Area, w here a Bidder M ember Group Company either:
Owns or controls shall refer to all shares of a holder of ▇▇▇▇ Common Stock which are owned of record on the date of this Agreement by such Holder, by members of such Holder's family or by any entity (including any trusts or retirement plans) controlled by such holders or family members as for their immediate benefit. All matters pertaining to shares which a holder "owns or controls" shall be determined by the Board of Directors of ▇▇▇▇, whose decision absent fraud or malfeasance, shall be final and binding.