Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;
Ultimate Parent Company means a company which directly or indirectly owns at least twenty six percent (26%) paid up equity capital in the Bidding Company) and/or in the Financially Evaluated Entity and such Bidding Company and /or the Financially Evaluated Entity shall be under the direct control or indirectly under the common control of such company;
Ultimate Parent Company means a company which directly or indirectly owns at least twenty six percent (26%) paid up equity capital in the Bidding Company or Member of a Consortium, (as the case may be) and/or in the Financially Evaluated Entity and such Bidding Company or Member of a Consortium, (as the case may be) and/or the Financially Evaluated Entity shall be under the direct control or indirectly under the common control of such company;
Examples of Ultimate Parent Company in a sentence
On 8 January 2023, the Ultimate Shareholder and Ruler of Dubai issued Law No. 1 of 2023, transferring his direct ownership in the Ultimate Parent Company to the Government of Dubai.
Provided that, in case the Lead Member or Bidding Company is holding equity through Affiliate/s, Ultimate Parent Company or Parent Company, such restriction as specified above shall apply to such entities.
More Definitions of Ultimate Parent Company
Ultimate Parent Company means a Parent Undertaking (if any) of the relevant person which is not a subsidiary undertaking of any other person (where “subsidiary undertaking” has the meaning given in Section 1162 of the Companies Act 2006 (as amended);
Ultimate Parent Company means a Company, which owns not less than fifty one percent (51%) equity either directly or indirectly in the Parent and Affiliates;
Ultimate Parent Company means a Company, which owns more than fifty percent (50%) equity shareholding either directly or indirectly in the Parent Company.
Ultimate Parent Company means an entity which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and / or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and / or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such entity;
Ultimate Parent Company means a Constituent Entity of a Group that meets the following criteria -
Ultimate Parent Company means a Parent Undertaking (if any) of the relevant person which is not a subsidiary undertaking of any other person (where
Ultimate Parent Company means a parent company which controls, either directly or indirectly in accordance with the criteria set out in Article 22(1) to (5) of Directive 2013/34/EU of the European Parliament and of the Council*, one or more subsidiary companies and is not controlled by another company;