Ultimate Controlling Party means, in respect of an F1 Team, the entity or individual which has ultimate Control, directly or indirectly, of that F1 Team.
Ultimate Controlling Party means, in respect of an FE Team, the entity or individual that has ultimate Control, directly or indirectly, of that FE Team.
Ultimate Controlling Party means, in respect of an FE Manufacturer, the entity or individual that has ultimate Control, directly or indirectly, of that FE Manufacturer.
Examples of Ultimate Controlling Party in a sentence
The entities now comprising the Group were under the common control of the Ultimate Controlling Party before and after the Reorganisation.
The consolidated statements of profit or loss and other comprehensive income, the consolidated statements of changes in equity and the consolidated statements of cash flows of the Group for the Relevant Periods include the results and cash flows of all companies now comprising the Group from the earliest date presented or since the date when the subsidiaries and/or businesses first came under the common control of the Ultimate Controlling Party, where this is a shorter period.
More Definitions of Ultimate Controlling Party
Ultimate Controlling Party means, with respect to any Person that (x) directly acquires Membership Interests or Member Loans and is admitted as a Member after the date hereof, or (y) indirectly acquires Membership Interests or Member Loans from an FI Member Owner pursuant to a permitted Transfer, (a) the Person that Controls such first Person, as applicable, and is not Controlled by any other Person, (b) if more than one Person that is not Controlled by any other Person Controls such first Person, as applicable, such Persons collectively, or (c) if no Person or Persons that is not Controlled by any other Person Control such first Person, as applicable, the smallest number of Persons (collectively) that are not Controlled by any other Person and that collectively hold indirectly more than 50% of the equity interests in such Member or FI Member Owner; provided, that for purposes of this definition any Person whose common stock is traded on a national securities exchange in the United States and whose common stock is not 50% or more owned by a single Person and its Affiliates shall be deemed to be its own Ultimate Controlling Party.
Ultimate Controlling Party means, in respect of Christie and Christie/AIX, the highest tier publicly traded corporation which as of the date of this Agreement directly or indirectly Controls Christie or Christie/AIX, respectively.