Actual Controlling Person definition
Actual Controlling Person means a person, while not being a shareholder, investor or sponsor of the company, exercises actual control over the conduct of the relevant company and the training center through investment relationship, agreement or other arrangement.
Actual Controlling Person referred to herein means a person that is actually able to control a company through an investment relationship, agreement or other arrangements, although such person is not a shareholder of the Company.
Examples of Actual Controlling Person in a sentence
Since the ultimate actual controlling Person of ChipMOS BVI is a listed company in Taiwan, ChipMOS BVI shall not be deemed as committing a breach of the aforementioned provision if the ultimate actual controlling Person of ChipMOS BVI is changed due to any transaction in the securities market, or merger or acquisition (collectively as the "Exceptions for Change of the Actual Controlling Person").