Common Control definition

Common Control means the power to direct or cause the direction of the management and policies of a person or an organization, whether by ownership of stock, voting rights, by contract, or otherwise.

Common Control means where one person Controls another or when two persons are Controlled by a third party, in all cases whether directly or indirectly.

Common Control means that two or more Persons are Controlled by the same other Person.

Examples of Common Control in a sentence

• For purposes of this Agreement, the term “Affiliates” is defined as any person or entity Controlling, Controlled by, or Under Common Control with the Company.

• The term “Control,” including the correlative terms “Controlling,” “Controlled By,” and “Under Common Control with,” means possession, directly or indirectly, of the power to direct or cause the direction of management or policies (whether through ownership of securities or any partnership or other ownership interest, by contract, or otherwise) of a person or entity.

• Business Combinations, Pushdown Accounting Transactions, and Transactions between Entities under Common Control – If the reporting institution entered into a business combination that became effective during the year-to-date reporting period and has been accounted for under the acquisition method, include the recoveries, charge-offs, and provisions of the acquired institution or other business only after its acquisition.

• For purposes of this Agreement, the term “Affiliates” means any person or entity Controlling, Controlled by, or Under Common Control with the Company.

• GRAP 105: Transfers of Functions Between Entities Under Common Control The objective of this standard is to establish accounting principles for the acquirer and transferor in a transfer of functions between entities under common control.

More Definitions of Common Control

Common Control means two entities that are both Controlled by the same third entity.

Common Control means those firms as defined by Internal Revenue Code § 52(b).

Common Control or a member of an "affiliated service group" within the meaning of Code Sections 414(b), (c) or (m), (ii) required to be aggregated under Code Section 414(o), or (iii) under "common control," within the meaning of Section 4001(a)(14) of ERISA, or any regulations promulgated or proposed under any of the foregoing Sections, in each case with any entity other than the Company.

Common Control means one person or a number of persons acting together through ownership, management, contract, or otherwise to control pollutant emitting activities.

Common Control shall have correlative meanings.

Common Control means the ownership and voting control of more than 50% of the outstanding voting securities or interest in capital or profits of such specified Person, or the right to direct or control the management or affairs of such specified Person by contract or similar arrangement. Should a Person divest an Affiliate or should an Affiliate cease to satisfy this definition, such Affiliate’s rights and obligations under this JDA shall be terminated.

Common Control means two or more entities controlled by the same person or entity.