Control, Controls or Controlled definition

Control, Controls or Controlled means the possession, directly or indirectly, through one or more intermediaries, of the following:
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Control, Controls or Controlled means, with respect to any Patents or Know-How, the possession (whether by ownership, license or sublicense, other than by a license, sublicense or other right granted (but not assignment) pursuant to this Agreement) by a Party of the ability to assign or grant to the other Party the licenses, sublicenses or rights to access and use such Patents or Know-How as provided for in this Agreement, without (a) violating the terms of any agreement or other arrangement with any Third Party in existence as of the time such Party would be required hereunder to grant such license, sublicense, or rights of access and use and (b) paying any consideration to any Third Party. Further notwithstanding anything in this Agreement to the contrary, a Party will be deemed not to Control any Patents or Know-How that are owned or in-licensed by an Acquirer or Person acquired by that Party (“Acquiree”) except (i) with respect to any such Patents or Know-How arising from active participation by employees or consultants of the Acquirer or Acquiree in the performance of this Agreement after such change of Control and (ii) to the extent that any such Patents or Know-How are used in the performance of this Agreement by or on behalf of the Party after such change of Control.
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Control, Controls or Controlled mean owning or controlling directly or indirectly more than 50% of shares, partnership interests, membership shares, ownership interests or voting rights of such controlling or controlled entity.
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Examples of Control, Controls or Controlled in a sentence

  • For the purposes hereof, "Control," "Controls," or "Controlled" (and derivatives thereof) means as to a corporation the right to exercise, directly or indirectly, more than 50% of the voting rights in the corporation, and as to any other entity the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of the same.

  • The term "Control," "Controls" or "Controlled" means the ownership, directly or indirectly, of at least fifty percent (50%) of the voting rights attached to issued voting shares or the power to control decisions made by any person or entity other than entities having shares.

  • The term "Control," "Controls" or "Controlled" shall mean the ownership, directly or indirectly, of at least fifty percent (50%) of the voting rights attached to issued voting shares or the power to control decisions made by any person or entity other than entities having shares.

  • The term "Control," "Controls" or "Controlled" shall mean the ownership, directly or indirectly, of fifty percent (50%) or more of the voting rights attached to issued and outstanding voting shares or such lesser percentage as represents the maximum percentage of voting rights allowed to be owned by a foreign-controlled corporation in a particular jurisdiction.