Ultimate Controlling Party definition

Ultimate Controlling Party means, in respect of an F1 Team, the entity or individual which has ultimate Control, directly or indirectly, of that F1 Team.

Ultimate Controlling Party means, in respect of an FE Team, the entity or individual that has ultimate Control, directly or indirectly, of that FE Team.

Ultimate Controlling Party means, in respect of an FE Manufacturer, the entity or individual that has ultimate Control, directly or indirectly, of that FE Manufacturer.

Examples of Ultimate Controlling Party in a sentence

• In the opinion of directors, there is no party who meets the definition of Ultimate Controlling Party.

• Ultimate Controlling Party The Preference Shares of the Company are owned by numerous parties and therefore, in the opinion of the Directors, there is no ultimate controlling party of the Company.

• Parent and Ultimate Controlling Party: The Bank does not have an identifiable parent of its own.

• The Trustees believe that the College does not have an Ultimate Controlling Party.

• Ultimate Controlling Party The issued share capital of the Company is owned by numerous parties and therefore, in the opinion of the Directors, there is no ultimate controlling party in the Company.

• Immediately prior to and after the Reorganisation, the Company and its subsidiaries now comprising the Group are ultimately controlled by the Ultimate Controlling Party.

• The FE Team is bound by, and responsible for, any Declaration signed on its behalf or on behalf of its Ultimate Controlling Party.

• Ultimate Controlling Party :Galaxy Technologies Private Limitediii.

• The FE Manufacturer is bound by, and responsible for, any Declaration signed on its behalf or on behalf of its Ultimate Controlling Party.

• They are not part of the operational income and expenses of the property owner.

More Definitions of Ultimate Controlling Party

Ultimate Controlling Party means, with respect to any Person that (x) directly acquires Membership Interests or Member Loans and is admitted as a Member after the date hereof, or (y) indirectly acquires Membership Interests or Member Loans from an FI Member Owner pursuant to a permitted Transfer, (a) the Person that Controls such first Person, as applicable, and is not Controlled by any other Person, (b) if more than one Person that is not Controlled by any other Person Controls such first Person, as applicable, such Persons collectively, or (c) if no Person or Persons that is not Controlled by any other Person Control such first Person, as applicable, the smallest number of Persons (collectively) that are not Controlled by any other Person and that collectively hold indirectly more than 50% of the equity interests in such Member or FI Member Owner; provided, that for purposes of this definition any Person whose common stock is traded on a national securities exchange in the United States and whose common stock is not 50% or more owned by a single Person and its Affiliates shall be deemed to be its own Ultimate Controlling Party.

Ultimate Controlling Party means, in respect of Christie and Christie/AIX, the highest tier publicly traded corporation which as of the date of this Agreement directly or indirectly Controls Christie or Christie/AIX, respectively.