Controlling Interest Sample Clauses
The "Controlling Interest" clause defines what constitutes having sufficient ownership or voting power in a company to direct its management and policies. Typically, this means holding more than 50% of the voting shares or otherwise having the ability to appoint a majority of the board of directors. This clause is important in agreements where rights, obligations, or changes in control depend on whether a party maintains or loses controlling interest, ensuring clarity about when such triggers occur and helping to prevent disputes over corporate control.
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Controlling Interest. The Company shall not amend Article II, Section 14 of its bylaws or amend the Articles of Incorporation to contradict or otherwise change, affect or supersede Article II, Section 14 of its bylaws for so long as this Warrant is outstanding or within 15 days of any exercise of this Warrant without the prior written consent of the holder of this Warrant (or, if this Warrant no longer is outstanding, the holder of this Warrant at the time of the last exercise of this Warrant). This Section 9.12 shall survive any exercise of this Warrant.
Controlling Interest. “Controlling Interest” means the sale or transfer of the Company’s securities representing greater than 50% of the voting power.
Controlling Interest. No Controlling Interest in Seller may be directly or indirectly Assigned (whether through a single transaction or a series of transactions over time) without PacifiCorp’s prior written consent, such consent not to be unreasonably withheld, conditioned or delayed. This Section 20.4 shall not apply or restrict any Assignment of a Controlling Interest in Seller in accordance with the other provisions of this Section 20.
Controlling Interest. FOR PURPOSES OF THIS AGREEMENT, -------------------- "CONTROLLING INTEREST" INCLUDES ANY GENERAL PARTNER'S INTEREST IN A PARTNERSHIP ENTITY, THE OWNER(S) OF 50% OR MORE OF THE VOTING STOCK OF A CORPORATE ENTITY, AND THE OWNER(S) OF 50% OR MORE OF THE MEMBER'S INTERESTS IN A LIMITED LIABILITY COMPANY.
Controlling Interest. 20 1.14 Schedules........................................................................... 20
Controlling Interest. StarMet will at all times own 100% of the issued and outstanding capital stock or membership interests, as appropriate, of each of the Borrowers.
Controlling Interest. The stockholders of the Company designated in Schedule 4.26 will at all times own a Controlling Interest in the Company and its Subsidiaries. "
Controlling Interest. As defined in Section 18.1 hereof.
Controlling Interest. “Controlling interest” means either (1) the power, by ownership interest, contract, or otherwise, to direct the management of the private vendor or to designate or elect at least a majority of the private vendor’s governing body or board, or (2) having more than a 50 percent ownership interest in the private vendor.
Controlling Interest. For purposes of this Agreement, “Controlling Interest” includes your interest if you are an individual and you own 50% or more ownership interest in the Hotel, any general partner’s interest in a partnership entity, 50% or more of the voting stock of a corporate entity, 50% or more of the ownership interests in a limited liability company or a 50% or more undivided interest in the Hotel.