Control Percentage definition

Control Percentage means, with respect to any Person (a) in the case of a corporation, the percentage of the outstanding capital stock of such Person having ordinary voting power which gives the direct or indirect holder of such stock the power to elect a majority of the Board of Directors of such Person and (b) in the case of a limited partnership, the percentage of the outstanding limited partnership interests of such Person which gives the direct or indirect holder of such limited partnership interests the power to remove the general partner or partners of such Person or to take actions reserved for the limited partners under the applicable limited partnership act.
Control Percentage means, with respect to any Person, the percentage of the outstanding capital stock of such Person having ordinary voting power which gives the direct or indirect holder of such stock the power to elect a majority of the Board of Directors of such Person.
Control Percentage means, with respect to any Person, the percentage of the outstanding Equity Interest (including any options, warrants or similar rights to purchase such Equity Interest) of such Person having ordinary voting power which gives the direct or indirect holder of such Equity Interest the power to elect a majority of the board of directors (or other applicable governing body) of such Person.

Examples of Control Percentage in a sentence

  • Sell, lease or otherwise transfer any NL Shares if after giving effect thereto the Borrower shall not retain a Control Percentage with respect to NL Industries.

  • Change or amend, or permit any change or amendment of the certificate of incorporation or bylaws of NL Industries or any of its Subsidiaries that decreases the Control Percentage with respect to NL Industries below 51%.

  • Apply for 2018 AnimalFriendly Grant Received 2017 Animal FriendlyGrant Continue to research effective ways of feral cat control Implemented TNR program in 3/17, significant reduction in euth rate (2016 euth rate 32.5%, 2017 euth rate 10.0%) 1.e. Conduct Effective Rabies Control Percentage of Dogs and Cats Licensed vs.

  • Climate Control: Percentage of Occurrence and Distribution 53Figure 19.

  • Operating Margin and approach to development of Cost Control Percentage –It was discussed that there is a group in Central Office - evaluating this matter.


More Definitions of Control Percentage

Control Percentage means, with respect to any Person, the percentage of the outstanding Voting Securities (including any options, warrants or similar rights to purchase such Voting Securities) of such Person having ordinary voting power which gives the direct or indirect holder of such Voting Securities the power to elect a majority of the board of directors (or other applicable governing body) of such Person.
Control Percentage means a Voting Ownership Percentage of 15%, during the period prior to a Regulatory Change, and a Voting Ownership Percentage of 35% thereafter.
Control Percentage means, with respect to any Person, the percentage of the outstanding Voting Securities of such Person having ordinary voting power which gives the holder(s) thereof Control over such Person.
Control Percentage means at least 35% in the event the applicable securities are registered under the Securities Exchange Act of 1934, as amended ("Exchange Act"), or at least 35% in the event the applicable securities are not registered under the Exchange Act;
Control Percentage means a Voting Ownership Percentage of 15 percent, during the period prior to a Regulatory Change, and a Voting Ownership Percentage of 35 percent thereafter.
Control Percentage means (i) prior to the creation of the Public Market, the percentage of which the Wxxx/Mxxxxxxx Group is the beneficial owner (determined as provided above) and (ii) at any time after the creation of a Public Market, the greater of 30% and the percentage in (i); or
Control Percentage means, prior to July 1, 2000, 30% and on and after July 1, 2000, 50%.