Black enterprise definition

Black enterprise means an enterprise that is 50,1% owned by black persons and where there is substantial management control. Ownership refers to economic interest while management refers to the membership of any board or similar governing body of the enterprise.

Black enterprise means an enterprise that is at least 51% beneficially owned by Black People and in which Black People have substantial Management Control. Such beneficial ownership may be held directly or through other Black Enterprises;

Black enterprise means a legal entity with fifty point one per cent (50.1%) or more of its equity owned by Black People and participation in its board of directors controlled by Black People;

Examples of Black enterprise in a sentence

• The Private Party shall procure that for the duration of the Project Term:- there is no dilution in the aggregate Equity holdings of the Black Shareholders below the Minimum Black Equity; and there is no Change in Control (at any time) in any Shareholder that is a Black Enterprise, which will result in that Shareholder no longer being a Black Enterprise.

• Awards include: Emmy Award (1996) New England Cable News; AP Award “Best Newscast”; contributed to CNN Peabody Award--Hurricane Xxxxxxx, contributed to CNN Xxxxxx X XxXxxx Award—Southeast Asia tsunami disaster; Black Enterprise Magazine’s America’s Most Powerful Players Under 40; Ebony’s Outstanding Women in Marketing & Communications; Communicator of the Year by National Black MBA’s.

• Xxxx has been featured in Inspirational Woman Magazine and in a CNN article, XxxxxxXxxxxxx.xxx, prweb, Xx.xxx, Noodls, as well as in Black Enterprise magazine’s “On the Move” column, and Xxxxxxxx & Company’s Currents “Associate Spotlight” column.

More Definitions of Black enterprise

Black enterprise an enterprise that is at least 50,1% (fifty comma one percent) beneficially owned by Black People and in which Black People have Management Control. Such beneficial ownership may be held directly or through other Black Enterprises;

Black enterprise means a company or economic entity which qualifies as such in terms of the Codes and in which a Black Person or Black People own 51% (fifty-one percent) or more of the issued shares;

Black enterprise means an enterprise that is at least 50.1% beneficially

Black enterprise magazine Chairman Emeritus of Pepsi-Cola of Washington, D.C., L.P. since 1996 Member of boards of directors of Aetna, Inc., AMR Corporation, Daimler Chrysler Corporation and Rohm & Xxxx Corporation *Xxxxxx X. Xxxxx Director since 1992 (member of the Audit Review, Compensation, Executive and Public Policy Committees and the Section 162(m) Subcommittee) Chairman of the XxXxxx Xxxxxxx Reader's Digest Fund, Inc. and the Xxxx Xxxxxxx Reader's Digest Fund, Inc. Interim Chairman and Chief Executive Officer of The Reader's Digest Association, Inc. from 1997 to 1998 Member of boards of directors of Avon Products, Inc., Bestfoods and The Chase Manhattan Corporation Xxxxx X. Xxxxxx Chief Financial Officer since 1997, Senior Vice President of Planning since 1991 and Treasurer since 1992 Served as Vice President from 1988 to 1991 Served as Operating Vice President of Financial Planning and Analysis from 1987 to 1988 Served as Manager and then Director of Capital and Business Planning from 1985 to 1988 Buyer at Xxxxxxxx Rikes, a Federated division in Cincinnati for 1984 Served as Senior Consultant in marketing and long-range planning from 1982 to 1984 Member of Board of Directors of Cincinnati Bell Inc. *Xxxx Xxxxxxxx Director since 1997 (member of the Audit Review and Public Policy Committees) President of NFL Properties, Inc. since 1994 Served as President-Business Operations of MTV: Music Television, a division of Viacom International, Inc. from 1993 to 1994 Member of the Board of Directors of Harley Davidson, Inc. *Xxxxx X. Xxxxxxxx President and Chief Merchandising Officer since 1997 (000 Xxxx 00xx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000) Director since 1997 (member of the Public Policy Committee) Served as Chairman of Federated Merchandising Group, a division of Parent, from 1994 to 1998

Black enterprise means an enterprise that is 50,1% owned by black persons and

Black enterprise means an enterprise that is 50,1% owned by black persons and where there is substantial

Black enterprise means an enterprise where 50.1% is owned by blacks and where there is substantial management control;