Commonly controlled definition

Commonly controlled means persons having relationships as described in Section 267(b) of the Internal Revenue Code as defined in Section 12‑6‑40(A).

Commonly controlled. Entity has engaged in a transaction described in Section 4069 of ERISA that could subject the Company or any of its subsidiaries or Laser to liability at any time after the date hereof, which liability would be reasonably likely to result in a Company Material Adverse Effect.

Commonly controlled. Entity shall, or in the reasonable opinion of the Required Lenders is likely to, incur any liability in connection with a withdrawal from, or the Insolvency or Reorganization of, a Multiemployer Plan or (vi) any other event or condition shall occur or exist with respect to a Plan; and in each case in clauses (i) through (vi) above, such event or condition, together with all other such events or conditions, if any, could, in the sole judgment of the Required Lenders, reasonably be expected to have a Material Adverse Effect; or

Examples of Commonly controlled in a sentence

• Constitution to tax a fairly apportioned share of the total net income of the enterprise.(a) Commonly controlled.

• Commonly controlled applicants are those in which the same individual or entity either directly or indirectly holds a controlling interest.

• Commonly controlled entities are all public sector entities that comprise a government’s reporting entity (see note 12).

• Commonly controlled suppliers are those where either one or more of the supplier’s owners are also an officer, director, or partner in another supplier.

• Commonly controlled AM licensees or permittees can be expected to file proposals and to engineer their proposals to avoid mutual exclusivity, and thus, would not be bidding on the same permits should they need to engage in the bidding process.

• The ultimate parent entity is National Australia Commonly controlled entities Bank of New Zealand Limited BNZ Insurance Services Limited Transactions All transactions, including banking transactions with Bank of New Zealand Group entities, have been entered into at arm's length on normal commercial terms and conditions except that amounts due from group entities are interest free.

• Except for payments for which the minimum funding requirement has been waived under section 412 of the Code, full payment has been made of all amounts which Borrower and any Commonly Controlled Entity are required to have paid as contributions to any Plan under applicable law or under any plan or any agreement relating to any Plan to which Borrower or any Commonly controlled Entity is a party.

• Commonly controlled entities may only maintain a single Membership for the corporate family.

• Commonly controlled suppliers are those where one or more of the supplier’s owners are also an officer, director, or partner in another supplier.Additional common ownership and common control requirements can be found in 42 CFR‌‌§414.414(e).You may not bid against yourself for the same product category in the same CBA.

• Commonly controlled entities held the following investments in the Fund: 2023$2022$Opening balance179,414236,704Applications--Redemptions(67,608)(57,290)Closing balance111,806179,414 All investment transactions in the Fund have been conducted on normal commercial terms and conditions as outlined in the Fund’s PDS.From time to time directors of La Trobe Financial and staff of the Investment Manager may invest or withdraw and subsequently redeem investment made from the Fund.

More Definitions of Commonly controlled

Commonly controlled. Entity") for the benefit of employees, retirees, dependents, spouses, directors, independent contractors or other beneficiaries and under which employees, retirees, dependents, spouses, directors, independent contractors or other beneficiaries are eligible to participate (collectively, the "Company Benefit Plans"). Any of the Company Benefit Plans which is an "employee pension benefit plan," as that term is defined in Section 3(2) of ERISA, is referred to herein as an "ERISA Plan." Except as disclosed on Section 2.11 of the Company Disclosure Letter, no Company Benefit Plan is or has been a multiemployer plan within the meaning of Section 3(37) of ERISA (a "Multiemployer Plan"). Neither the Company nor any Commonly Controlled Entity has completely or partially withdrawn from any Multiemployer Plan. Neither the Company nor any Commonly Controlled Entity has suffered a 70% decline in "contribution base units" (within the meaning of Section 4205(b)(1)(A) of ERISA) in any plan year beginning after 1988. No termination liability to the Pension Benefit Guaranty Corporation or withdrawal liability to any Multiemployer Plan that is material in the aggregate has been or is reasonably expected to be incurred with respect to any Multiemployer Plan by the Company or any Commonly Controlled Entity. (b) All Company Benefit Plans are in compliance with the applicable terms of ERISA and the Code and any other applicable laws, rules and regulations the breach or violation of which could result in a material liability to the Company or any Commonly Controlled Entity. (c) No ERISA Plan which is a defined benefit pension plan has any "unfunded current liability," as that term is defined in Section 302(d)(8)(A) of ERISA, and the present fair market value of the assets of any such plan equals or exceeds the plan's "benefit liabilities," as that term is defined in Section 4001(a)(16) of ERISA, when determined under actuarial factors that would apply if the plan terminated in accordance with all applicable legal requirements. (d) Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby will (i) result in any material payment (including, without limitation, severance, unemployment compensation, golden parachute or otherwise) becoming due to any director or any employee of the Company or any of its affiliates from the Company or any of its affiliates under any Company Benefit Plan or otherwise or (ii) materially increase any ...