Control Requirement definition

Control Requirement means that the following persons, whether individually or in any combination, must directly own more than 50% of the Partnership Interests:
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Control Requirement means at all times, one or more of (i) NP International Real Estate Fund, LLC (as long as the same is Controlled by Xxxxxxx X. Xxxxx, Xx. and/or Xxxxx X. Xxxxxxxx), and/or (ii) one or more of Xxxxxxx X. Xxxxx, Xx. and/or Xxxxx X. Xxxxxxxx maintains Control of Borrower, Hotel Lessee and Mezzanine Borrower.
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Control Requirement means the aggregate ownership of Buyer Shares by the Stockholders and all Persons receiving capital stock of the Company pursuant to the Contribution Agreements, in the aggregate, that possesses at least eighty percent (80%) of the total combined voting power of all classes of stock of the Buyer entitled to vote and at least eighty percent (80%) of the total number of shares of all other classes of stock of the Buyer; provided that, for such purpose, (a) the ownership of stock of the Buyer shall be determined “immediately after” the Closing of the Transaction and the Contribution Agreements (within the meaning of section 351 of the Code), and (b) all Buyer Shares issued to the Stockholders, including the Escrow Shares, shall be counted as stock of the Buyer owned by the Stockholders immediately after the Transaction.
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Examples of Control Requirement in a sentence

  • Pre-Shipment Inspection: The material shall be dispatched only upon "Dispatch Clearance Certificate" issued by representative of Security Printing Press, Hyderabad after pre- dispatch inspection as mentioned in Section VIII (Quality Control Requirement).

  • For Units in Paragraphs 73 and 89 with two or more methods specified in the Control Requirement column and that do not have a Remove from Service option, TVA shall apply to modify, renew, or obtain any applicable Title V permit as required by this Paragraph within twelve (12) months of making an election as to the method TVA will employ for the Unit.

  • For Units with the Remove from Service option in the Control Requirement column in Paragraphs 73 and 89, TVA shall apply to modify, renew, or obtain any applicable Title V permit as required by this Paragraph within twelve (12) months of electing to either install and operate FGD(s) and SCR(s), Repower to Renewable Biomass, or Retire.

  • Refer to the Standard Flow Control Requirement section in Minimum Requirement No. 7 for information about the assignment of the pre-developed condition.

  • SubdivisionsIn addition to the requirements of the Town of Richmond Subdivision Ordinance, the following provisions shall apply to new or expanded portions of subdivisions.a. Phosphorus Control Requirement.

  • City agrees to establish and maintain all necessary records and reports that may be necessary for reimbursement from County of Grant funds, including but not limited to the Cost Reimbursement Form (See Exhibit “F”), Activity Log (See Exhibit “H”), and the Annual Inventory Control Requirement Form (See Exhibit “F”) which must be submitted to County by June 30, 2014.

  • Control Requirement or non-disclosure agreements should address the requirement to protect confidential information using legally enforceable terms.

  • Earthen structures such as dams, dikes, and diversions shall be seeded and mulched according to the timing indicated in Erosion and Sediment Control Requirement #1.

  • The term "Minimum Ownership and Control Requirement" used therein shall mean that at all time any of the Obligations are outstanding, Xxxx X.

  • Edwards supra385 JCJ Lee ‘Authorising Copyright Infringement and the Control Requirement: A Look at P2P File Sharing and Distribution of New Technology in the UK, Australia, Canada and Singapore’ Canadian Journal of Law & Technology (2007) Vol.


More Definitions of Control Requirement

Control Requirement means the requirement set forth in Section 368(a)(2)(E)(ii) of the Code.
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Related to Control Requirement

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Legal Requirement means any treaty, convention, statute, law, regulation, ordinance, license, permit, governmental approval, injunction, judgment, order, consent decree or other requirement of any governmental authority, whether federal, state, or local.

  • Environmental Requirements means all Laws and requirements relating to human, health, safety or protection of the environment or to emissions, discharges, releases or threatened releases of pollutants, contaminants, or Hazardous Materials in the environment (including, without limitation, ambient air, surface water, ground water, land surface or subsurface strata), or otherwise relating to the treatment, storage, disposal, transport or handling of any Hazardous Materials.

  • Controlled substance means a controlled substance in schedules I through V of Section 202 of the Controlled Substances Act (2l U.S.C. 8l2) and as further defined in regulation at 2l CFR l308.ll-l308.l5.

  • Legal Requirements means any federal, state, local, municipal, foreign or other law, statute, constitution, principle of common law, resolution, ordinance, code, order, edict, decree, rule, regulation, ruling or requirement issued, enacted, adopted, promulgated, implemented or otherwise put into effect by or under the authority of any Governmental Entity.