Controlled Companies Sample Clauses
The "Controlled Companies" clause defines what entities are considered to be under the control of a particular party, typically by specifying ownership thresholds or the ability to direct management decisions. In practice, this clause clarifies which subsidiaries, affiliates, or related entities are included when the agreement refers to the controlling party's group, often by referencing majority shareholding or voting power. Its core function is to ensure clarity and prevent ambiguity about which companies are subject to the rights and obligations set forth in the contract, thereby reducing the risk of disputes over the scope of the agreement.
Controlled Companies other than as described in 1.1(a)-(d) above;
Controlled Companies. The Borrower is not an “investment company” within the meaning of the Investment Company Act of 1940, as amended, or is subject to regulation under the Public Utility Holding Act of 1935, the Federal Power Act, the Interstate Commerce Act, or any other law or regulation which relates to the incurring of debt, including, but not limited to, laws and regulations regulating common or contract carriers or the sale of electricity, gas, steam, water or other public utility services.
Controlled Companies. None of the Credit Parties is an "investment company" within the meaning of the Investment Company Act of 1940, as amended, nor is any Credit Party subject to regulation under the Public Utility Holding Act of 1935, the Federal Power Act, or any other law or regulation which relates to the incurring of debt, including, but not limited to, laws and regulations regulating common or contract carriers or the sale of electricity, gas, steam, water or other public utility services.
Controlled Companies. The Shareholders agree to exercise their respective voting rights under this LF Shareholders Agreement in compliance with the general and management principles of the Company, LF TEL, Telemar Participações, TNL, Telemar, and/or its Relevant Controlled Companies as provided for in this Agreement and in the General Shareholders Agreement, as applicable.
Controlled Companies. The Shareholders agree to exercise their respective voting rights under this AG Shareholders Agreement in compliance with the general and management principles of the Company, AG, Telemar Participações, TNL, Telemar, and/or its Relevant Controlled Companies as provided for in this Agreement and in the General Shareholders Agreement, as applicable.
Controlled Companies. None of the Guarantors is an "investment company" within the meaning of the Investment Company Act of 1940, as amended, nor is any Guarantor subject to regulation under the Public Utility Holding Act of 1935, the Federal Power Act, or any other law or regulation which relates to the incurring of debt, including, but not limited to, laws and regulations regulating common or contract carriers or the sale of electricity, gas, steam, water or other public utility services.
Controlled Companies. 14.1 None of the undistributed profits of any company may be taxed in the hands of a member of the Newco Group.