Control Block definition

Control Block means Shares conferring twenty-five percent or more of the voting rights with respect to a Resolution of Shareholders of the Company;

Control Block means a holding of Shares or other securities of the Issuer or both held by a person or combination of persons acting jointly or in concert to which are attached more than 20% of the voting rights attached to all outstanding Voting Securities;

Control Block means the block formed by the Stockholders, under the terms of this Agreement, which, jointly, exercise the Power of Control of the Company.

Examples of Control Block in a sentence

• Assigning value to minority shareholder’s shares and controller’s shares·As per the Brazilian regulations (Art 254-A of Law 6404/76), the divestiture of publicly-held companies includes the mandatory payment to the other voting shareholders of a minimum price equivalent to 80% of the amount paid per share holding voting rights and composing the Control Block.

• Control Block DistributionsUnder applicable securities laws in Canada, any person (or group of persons) who owns a sufficient number of any of the securities of an issuer so as to affect materially the control of that issuer is considered to be a “control person”.

• Upon the written request of any Control Block Holder, given within 20 Business Days after such Control Block Holder’s receipt of such notice, the Company will, subject to the Underwriter Cutback, use its reasonable best efforts to cause to be included in and sold pursuant to the prospectus all of the Registrable Securities which each such Control Block Holder has requested be included in the filing.

• The Control Block Principals and each of the other DavCo Parties shall enter into any agreements or arrangements between or among themselves that may be necessary or advisable in order to permit them to satisfy and perform their obligations hereunder, including the provisions of Section 3.

• SADIA’s Holding ( HFF Participações S.A.) (“HFF”) owns the control of SADIA (Control Block), in the way that its common shares might reach up to 25% over the value of other shares issued by SADIA, in case of a divesture of the Company’s control.

More Definitions of Control Block

Control Block means Shares conferring twenty-five percent (25%) or more of the voting rights with respect to a Resolution of Shareholders;

Control Block means Shares conferring twenty-five percent (25%) or more of the total voting rights in the general meeting;

Control Block means the block formed by the Stockholders, in the terms of this Agreement, who jointly exercise the Power of Control of the Company. ‘CAM’ has the meaning attributed to it in Clause 7.2.1 of this Agreement. ‘CVM’ means the Brazilian Securities Commission

Control Block means, in relation to the Corporation, any securities of the Corporation beneficially owned or controlled by a Control Person;

Control Block. Section 8.4(a) “CSC” Recitals

Control Block means thirty-five per centum or more of the total of the ordinary

Control Block means any block of shares the possession of which, when added to any shares already owned, directly or indirectly, gives the power in any form to direct or cause the direction of the management and policies of the Company.