Management Control definition

Management Control means the possession, directly or indirectly of the power to direct or cause the direction of the management and policies of the Concessionaire, whether through the ownership of voting securities, by contract or otherwise or the power to elect or appoint more than 50% (fifty percent) of the directors, managers, partners or other individuals exercising similar authority with respect to the Concessionaire.

Management Control means, with respect to any direct or indirect interest in the Borrower or the Property (not including Manager under an Approved Management Agreement), the power and authority to make and implement or cause to be made and implemented all material decisions with respect to the operation, management, financing and disposition of the specified interest.

Management Control means: (1) owning interests representing more than fifty percent (50%) of the voting, appointment or designation power for the selection of a majority of the Board of Directors of a corporation or organization, the management committee members of a joint venture or partnership, or the members of the management board of a limited liability company; or (2) having the right, pursuant to written contract or the by-laws, charter, operating agreement or similar documents of an organization, to elect, appoint or designate a majority of the Board of Directors of a corporation or organization, the management committee of a joint venture or partnership or the management board of a limited liability company.

Examples of Management Control in a sentence

• Outside Management Control (OMC): are events (other than Seller-Attributable Non-Generation events) that occur beyond the Facility boundaries or are caused by abnormal weather.

• We anticipate that the security addendum will include physical and personnel security constraints historically required by NCIC security practices and other programmatic requirements, together with personal integrity and electronic security provisions comparable to those in NCIC User Agreements between the FBI and criminal justice agencies, and in existing Management Control Agreements between criminal justice agencies and noncriminal justice governmental entities.

• The Management Control Agreement shall be executed by the persons authorized to sign Addendum A.

• Public Body shall execute a Management Control Agreement with County as required by and consistent with the CJIS Security Policy, which may be amended from time to time.

• The time period from Deposit to Issuance shall be determined from information captured in the Office of the State Controller's Cash Management Control System.

More Definitions of Management Control

Management Control means holding more than 50 percent of the voting power on any board of directors or trustees, any management committee, or any other group managing a corporation, partnership, limited liability company or trust.

Management Control means the authority to set and enforce:

Management Control means the effective control of the management of a Measured Entity by reference to Top Management;

Management Control means that the Company has either:

Management Control means that the Insured has the right to control the day-to-day management of the relevant entity and to set security and internal control procedures, whether financial or operational.

Management Control means:

Management Control in relation to an Enterprise, the ability to direct or cause the direction of the business and management policies or practices of the Enterprise;