relevant holding company means each holding company of the Licensee which does
relevant holding company means a company whose business consists wholly or mainly of holding shares in or securities of trading companies that are its 90% subsidiaries.
relevant holding company means each holding company of the Licensee which does not itself generate or supply electricity on the Island of Ireland and which has no holding company that itself generates or supplies electricity on the Island of Ireland (regardless of whether any subsidiaries of such companies undertake such generation or supply). Prohibited Activities General Prohibitions Except with the prior written consent of the Authority and in accordance with any conditions of that consent, the Licensee shall not purchase or otherwise acquire electricity for the purpose of sale or other disposition to third parties on the Island of Ireland, save to the extent it does so in compliance with any other licence it holds under the Order. The provision of services in accordance with Condition 15B shall not be considered to be in contravention of the requiements of paragraph 1.In paragraph 1, the reference to purchase or other acquisition of electricity shall include entering into or acquiring the benefit of a contract conferring rights or obligations (including rights or obligations by way of option) in relation to or by reference to the sale, purchase or delivery of electricity at any time or the price at which electricity is sold or purchased at any time.Prohibitions Following DivestmentParagraph 4 shall apply only from the point in time at which the Licensee first ceases, following the date on which the Licence is granted, to be an affiliate of Northern Ireland Electricity plc (a company registered in Northern Ireland under company number NI026041). Where this paragraph applies in accordance with paragraph 3, the Licensee shall at all times ensure that:neither the Licensee nor any affiliate or related undertaking of the Licensee undertakes an activity which requires authorisation by virtue of Articles 8(1)(a) or (c) of the Order, or which is licensable under Section 14(1)(a), (b), (c), or (d) of the Republic of Ireland Electricity Act; andthe Licensee is not controlled by a person who undertakes an activity which requires authorisation by virtue of Articles 8(1)(a) or (c) of the Order, or which is licensable under Section 14(1)(a), (b), (c), or (d) of the Republic of Ireland Electricity Act, or by a person who also controls a person that undertakes any such activity.For the purposes of paragraph 4, “control” shall have the meaning attributed to it in section 416 of the Income and Corporation Taxes Act 1988, and “controlled” shall be construed accordingly.6 Condition 11 paragraph 3 ...
More Definitions of relevant holding company
relevant holding company means each holding company of the Licensee whichdoes not itself generate or supply electricity on the Island of Ireland and which has no holding company that itself generates or supplies electricity on the Island of Ireland (regardless of whether any subsidiaries of such companies undertake such generation or supply).
relevant holding company means each holding company of the Licensee which does not itself generate or supply electricity on the Island of Ireland and which has no holding company that itself generates or supplies electricity on the Island of Ireland (regardless of whether any subsidiaries of such companies undertake such generation or supply).“Supply Business”means any business of any affiliate or related undertaking of the Licensee carrying out the activity ofsupply of electricity.Condition 13. Prohibited Activities Interface with the Transmission System
relevant holding company means each holding company of the licensee which doesnot itself generate or supply electricity in the Kingdom and which has no holding company that itself generates or supplies electricity in the Kingdom (regardless of whether any subsidiaries of such companies undertake such generation or supply).
relevant holding company means the Parent and any Subsidiary of the Parent which has an Equity Interest (directly or indirectly) of the Company.
relevant holding company means: (a) in respect of Xxxxxx Xxxxxxxxxxx, Pilot’s Dream Limited (registered number 526417); (b) in respect of Xxxx Xxxxxxxxxxxxxx, Samurai Actor Limited (registered number 526419); and (c) in respect of Milan Jovović, Xxxxxx Xxxxxx Limited (registered number 526418); Relevant Indemnity Claim means the covenants to pay set out in clauses 10.1.2, 10.1.3, 10.1.4 and 10.1.5; Relevant Payment means the Retention Payment, an Earn-Out Payment or any payment by the Purchaser pursuant to Clause 5; Relevant Payment Date means the Retention Payment Date or any Earn-Out Calculation Date or the date of any payment by the Purchaser pursuant to Clause 5; Relevant Percentage means, in respect of a Guarantor, the percentage listed against that Seller in column (2) of Schedule 1; Relevant Period means the period from Completion until the date falling three years after Completion; Certain identified information has been excluded from the exhibit because it is both (i) not material and (ii) would likely cause competitive harm to the Company, if publicly disclosed. Brackets with triple asterisks denote omissions.
relevant holding company means a person in which no person or persons acting in concert (other than another Relevant Holding Company) directly or indirectly owns or controls beneficially more of the voting issued share capital (excluding any part of that issued share capital that carries no right to participate beyond a specified amount in a distribution of either profits or capital) than that owned or controlled directly or indirectly by the CD&R Investors and/or Management Investors.
relevant holding company means in respect of a Relevant Sponsor, Relevant Constructor or Relevant O&M Provider (as applicable), each entity (if any) which has an equity ownership in the Relevant Sponsor, Relevant Constructor or Relevant O&M Provider (as applicable);