Commonly owned definition

Commonly owned means that more than 50 percent of the
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Commonly owned means that more than 50 percent of the voting control of each member of an affiliated group is directly or indirectly owned by a common owner or owners, either corporate or non-corporate, whether or not the owner or owners are members of the affiliated group. Whether voting control is indirectly owned shall be determined in accordance with section 318 of the federal Internal Revenue Code (26 U.S.C. s.318).
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Commonly owned means ownership by the same corporate entity or through either legal affiliates or partnerships other than common debt or tax equity partners.
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Examples of Commonly owned in a sentence

  • Commonly owned, oper- ated or controlled media properties that do not comply with paragraphs (a) through (d) of this section may not be assigned or trans- ferred to a single person, group or entity, ex- cept as provided in this Note or in the Re- port and Order in Docket No. 02–277, released July 2, 2003 (FCC 02–127).

  • Commonly owned (or "open") standards refers to who owns the format in which data is stored.

  • Commonly owned applications of different inven- tive entities may be rejected on the ground of double patenting, even if the later filed application claims 35 U.S.C. 120 benefit to the earlier application.

  • Commonly owned and/or commonly controlled suppliers must upload the required financial and other documents and bid surety bond(s) in Connexion for all the commonly owned and/or controlled suppliers included on the bid(s).

  • Commonly owned open space, as defined in Article 8 (Open Space: Common) shall not include space occupied by infrastructure such as roads, parking lots, or above ground components of sewer and water treatment plants, or area set aside for the sole use of individual residents, such as private balconies and patios.

  • Commonly owned and/or commonly controlled suppliers are prohibited from competing against themselves when submitting bids in the same competition.

  • Commonly owned properties that are intersected by a boundary line establishing the district shall be considered as entirely within the district unless otherwise determined by the City Council when sitting as a Board of Equalization.

  • Commonly owned and/or commonly controlled suppliers may submit separate bids if they are bidding on different product categories in the same CBA, the same product category in different CBAs, or different product categories in different CBAs. In these situations, suppliers have the option to register with more than one PTAN and submit separate bids in DBidS.

  • Commonly owned open space, as defined in Article 8 (Glossary: See “Open Space: Common”) shall not include space occupied by infrastructure such as roads, parking lots, or above ground components of sewer and water treatment plants, or area set aside for the sole use of individual residents, such as private balconies and patios.

  • Commonly owned land is often seen as an impediment for investment and development.


More Definitions of Commonly owned

Commonly owned means retailer and dealer permits owned by the same:
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Commonly owned means that more than eighty per cent of the voting
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Related to Commonly owned

  • Beneficially Owned have a corresponding meaning.

  • Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the Offeror's officers or a majority of the Offeror's board of directors by any means, e.g., ownership, contract, or operation of law (or equivalent power for unincorporated organizations).

  • Veteran-owned business means a business that is at least 51% owned by a veteran or veterans who are U.S. citizens and who control and operate the business

  • Wholly-Owned means, with respect to a Subsidiary of a Person, a Subsidiary of such Person all of the outstanding Equity Interests of which (other than (x) director’s qualifying shares and (y) shares issued to foreign nationals to the extent required by applicable Law) are owned by such Person and/or by one or more wholly owned Subsidiaries of such Person.

  • Women-owned business concern means a concern which is at least 51 percent owned by one or more women; or in the case of any publicly owned business, at least 51 percent of its stock is owned by one or more women; and whose management and daily business operations are controlled by one or more women.

  • Voting Stock of any Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in the election of the Board of Directors of such Person.

  • Commonly Controlled Entity an entity, whether or not incorporated, that is under common control with the Borrower within the meaning of Section 4001 of ERISA or is part of a group that includes the Borrower and that is treated as a single employer under Section 414 of the Code.

  • Minority-owned business means a business concern which is at least 51% owned by one or more minority persons, or in the case of a corporation, at least 51% of the stock in which is owned by one or more minority persons; and the management and daily business operations of which are controlled by one or more of the minority individuals who own it.