Control Owner definition

Control Owner means a beneficial owner as defined in Rules 13d-3 and 13d-5 under the Exchange Act (or any successor rules), including the provision of such Rules that a Person shall be deemed to have beneficial ownership of all securities that such Person has a right to acquire within 60 days; provided that, for purposes of this definition, a Person will not be deemed a beneficial owner of, or to own beneficially, any securities if such beneficial ownership (1) arises solely as a result of a revocable proxy delivered in response to a proxy or consent solicitation made pursuant to, and in accordance with, the Exchange Act and the applicable rules and regulations thereunder and (2) is not also then reportable on Schedule 13D (or any successor schedule) under the Exchange Act.
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Examples of Control Owner in a sentence

  • Any Transfer: (i) by Owner of all or any part of the Project; (ii) of all or any part of Owner’s interest in this Agreement; or (iii) of an Equity Interest that results in Equity Holders having the ability to Control Owner who were not Equity Holders as of the Effective Date.

  • Erosion Control Owner Owner Owner [*] Design-Builder will maintain dust control during construction for its construction, lay down and office/parking areas.

  • A Control Owner is not required to have an ownership interest in the Sub-Merchant and the Control Owner must be a natural person with significant responsibility to control, manage or direct the activities of the Sub-Merchant’s business.

  • At any time at which Manager or an Affiliate of Manager does not Control Owner, Manager shall have the right to terminate this Agreement upon no less than ninety (90) days nor more than twelve (12) months’ written notice of termination to Owner following a Licensing Event which is not cured within the period required by the applicable Gaming Authorities.

  • Upon and as a condition to such termination by Owner, Owner shall pay to Manager a Termination Fee if Manager or an Affiliate of Manager does not Control Owner at the time of termination.

  • Required X X X Quality Assurance / Quality Control Owner Approvals A Required X X Code Validation Commissioning Site Utilization Planning A or C.

  • Control Owner - A control owner is an individual with significant responsibility to control, manage, or direct a legal entity, such as an executive officer or senior manager (e.g., a CEO, CFO, COO, Managing Member, General Partner, President, Vice President, etc.) or any individual who regularly performs similar functions.

  • Tax Exempt Organizations Control Owner An individual with authority to control, manage, bind, and direct Merchant for all purposes under the Agreement.

  • Prior to termination based on a Hunter/Storm Change of Control, Owner shall reasonably consider proposals submitted by or on behalf of Development Manager for replacement control or management of the Development Manager and completion of the Project notwithstanding the Hunter/Storm Change of Control.

Related to Control Owner

  • control zone shall have the meaning given in the Operating Agreement.

  • Control Affiliate of a Person means (a) any other Person directly or indirectly owning, controlling, or holding with power to vote, greater than 50% of the outstanding voting securities of such Person, (b) any other Person greater than 50% of whose outstanding voting securities are directly or indirectly owned, controlled, or held with power to vote, by such Person, or (c) any Person directly or indirectly controlling, controlled by, or under common control with, such other Person. For purposes of this defined term, “control” means the power to exercise a controlling influence over the management or policies of a company, and “controlling” and “controlled” shall have correlative meanings.

  • Animal control officer means any person employed by a city, county, or city and county for the purpose of enforcing animal control laws or regulations.

  • Controlling Entity means an entity which owns, directly or indirectly through one or more intermediaries, (i) a general partnership interest or a Controlling Interest of the limited partnership interests in Borrower (if Borrower is a partnership or joint venture), (ii) a manager's interest in Borrower or a Controlling Interest of the ownership or membership interests in Borrower (if Borrower is a limited liability company), (iii) a Controlling Interest of any class of voting stock of Borrower (if Borrower is a corporation), (iv) a trustee's interest or a Controlling Interest of the beneficial interests in Borrower (if Borrower is a trust), or (v) a managing partner's interest or a Controlling Interest of the partnership interests in Borrower (if Borrower is a limited liability partnership).

  • Controlling Affiliate means an Affiliate that directly or indirectly Controls the Hotel and/or Controls the entity that Controls the Hotel.