Control Block definition

Control Block means Shares conferring twenty-five percent or more of the voting rights with respect to a Resolution of Shareholders of the Company;
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Control Block means a holding of Shares or other securities of the Issuer or both held by a person or combination of persons acting jointly or in concert to which are attached more than 20% of the voting rights attached to all outstanding Voting Securities;
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Control Block means the block formed by the Stockholders, under the terms of this Agreement, which, jointly, exercise the Power of Control of the Company.
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Examples of Control Block in a sentence

  • Control Block values set on exit return_code 0x00 - The command was performed successfully.

  • Upon the written request of any Control Block Holder, given within 20 Business Days after such Control Block Holder’s receipt of such notice, the Company will, subject to the Underwriter Cutback, use its reasonable best efforts to cause to be included in and sold pursuant to the prospectus all of the Registrable Securities which each such Control Block Holder has requested be included in the filing.

  • The object of this agreement is to establish the reciprocal rights and obligations of the Stockholders of the Company, in their condition as representatives of the Control Block of the Company, and it shall orient the exercise, by the Stockholders, of the Power of Control of the Company.

  • The Controlling Shareholder has due and sufficient right and authority to enter into this Agreement on the terms and conditions herein set forth and to transfer the registered, legal, and beneficial title and ownership of the Control Block.

  • Subject to the limits set out in Section 3.4 and Article 4, if at any time after 180 days after the closing of an IPO (including a Qualified IPO), the Company receives a written request from a Control Block Holder that such Control Block Holder wishes to require the Company to file a prospectus in the Qualifying Jurisdictions, then the Company will, within 10 Business Days following receipt of the request, give written notice of the request to all other Control Block Holders.


More Definitions of Control Block

Control Block means, in relation to the Corporation, any securities of the Corporation beneficially owned or controlled by a Control Person;
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Control Block means Shares conferring twenty-five percent (25%) or more of the total voting rights in the general meeting;
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Control Block means Shares conferring twenty-five percent (25%) or more of the voting rights with respect to a Resolution of Shareholders;
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Control Block. Section 8.4(a) “CSC” Recitals
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Control Block means the block formed by the Stockholders, in the terms of this Agreement, who jointly exercise the Power of Control of the Company. ‘CAM’ has the meaning attributed to it in Clause 7.2.1 of this Agreement. ‘CVM’ means the Brazilian Securities Commission
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Control Block means the holdings of a person described in paragraph 1(1)(1l)(iii) of the Act;
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Control Block means any block of shares the possession of which, when added to any shares already owned, directly or indirectly, gives the power in any form to direct or cause the direction of the management and policies of Transmedia. /bullet/ NOTICES Any notices to be given hereunder shall be deemed to have been given if delivered personally against receipt, if sent by nationally recognized overnight delivery service, or if mailed by registered or certified mail, return receipt requested, to the following address: if to Transmedia, at 11900 Biscayne Blvd, Miami, Florida 33181, with a copy to Morgan, Le▇▇▇ & ▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇ork, New York 101▇▇, ▇▇ ▇▇▇ ▇▇tention of Steph▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇▇.; ▇▇▇ ▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ive, at 2085 N.E. 120t▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇i, Florida 33181. Either party may c▇▇▇▇▇ ▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇ng written notice to the other party in accordance with this Section. /bullet/ GOVERNING LAW. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of New York. /bullet/ CAPTIONS. The captions of the sections of this Agreement are for the purpose of convenience only, are not intended to be part of this Agreement and shall not be deemed to modify, explain, enlarge or restrict any of its provisions. /bullet/ SEVERABILITY. If any clause or provision of this Agreement shall be held invalid or unenforceable, in whole or in part, in any jurisdiction, such invalidity or unenforceability shall attach only to such clause or provision, or part thereof, in such jurisdiction, and shall not in any manner affect any other clause or provision hereof in any jurisdiction. /bullet/ BINDING EFFECT; ASSIGNMENT. This Agreement shall bind and inure to the benefit of the respective heirs, representatives, successors, and permitted assignees of Transmedia and the Executive. Transmedia may assign this Agreement or any of its rights and obligations hereunder to (i) any transferee of or successor to all or substantially all of the assets or business of Transmedia and its subsidiaries or (ii) any subsidiary or affiliate of Transmedia; PROVIDED, HOWEVER, that no such assignment shall release Transmedia from its obligations hereunder. The Executive may not assign this Agreement or any of his rights and obligations hereunder under any circumstances. /bullet/ MISCELLANEOUS. This Agreement embodies the entire understanding between Transmedia and the Executive with respect to its subject matter, and there is...
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