Common Control definition

Common Control means the power to direct or cause the direction of the management and policies of a person or an organization, whether by ownership of stock, voting rights, by contract, or otherwise.
Common Control means that two or more Persons are Controlled by the same other Person.
Common Control means two entities that are both Controlled by the same third entity.

Examples of Common Control in a sentence

  • Call Transfer--Outside- Allows a station user to add on a dial “9” off-network (10 digit), Common Control Switching Arrangement.

  • Financial instruments at fair value comprise financial assets or financial liabilities that are:• derivatives;• contingent consideration of an acquirer in a transfer of functions between entities not under common control to which the Standard of GRAP on Transfer of Functions Between Entities Not Under Common Control (GRAP 106) applies• combined instruments that are designated at fair value;• instruments held for trading.

  • For purposes of this Agreement:1.1 "Affected Party" has the meaning ascribed to it in paragraph 18.3;1.2 "Agreement" has the meaning ascribed to it in the introduction paragraph above;1.3 "Affiliate" means any other entity that directly or indirectly through one or more intermediaries, Controls or is Controlled by, or is Under the Common Control with the party in question.


More Definitions of Common Control

Common Control or a member of an "affiliated service group" within the meaning of Code Sections 414(b), (c) or (m), (ii) required to be aggregated under Code Section 414(o), or (iii) under "common control," within the meaning of Section 4001(a)(14) of ERISA, or any regulations promulgated or proposed under any of the foregoing Sections, in each case with any entity other than the Company.
Common Control means those firms as defined by Internal Revenue Code § 52(b).
Common Control means where one person Controls another or when two persons are Controlled by a third party, in all cases whether directly or indirectly.
Common Control shall have correlative meanings.
Common Control means two or more entities controlled by the same person or entity.
Common Control means sharing an Ultimate Parent. For the purposes of this Section, "Ultimate Parent" means a person who is not Controlled by any other entity.
Common Control means the ownership and voting control of more than 50% of the outstanding voting securities or interest in capital or profits of such specified Person, or the right to direct or control the management or affairs of such specified Person by contract or similar arrangement. Should a Person divest an Affiliate or should an Affiliate cease to satisfy this definition, such Affiliate’s rights and obligations under this JDA shall be terminated.