control transfer definition

control transfer means any additional transfer being implemented at the request of the fishing/farming operators or the control authorities for the purpose of verifying the number of fish being transferred.
control transfer means the repetition of any transfer being implemented at the request of control authorities;
control transfer means a Transfer (other than a Permitted Transfer) which would have the effect of transferring to a Person or Group that is not an Affiliate of TopCo Parent (a) a number of shares of Common Stock such that, following the consummation of such Transfer, such Person or Group possesses fifty percent (50%) or more of the outstanding voting stock or equity securities of the Company or the voting power to elect a majority of the Board (whether by merger, consolidation or sale or transfer or otherwise) or (b) all or substantially all of the assets of the Company and its Subsidiaries (on a consolidated basis).

Examples of control transfer in a sentence

  • The Hard Copy of this Draft Bank Guarantee shall be submitted in the office of the concerned Executive Engineer in "sealed envelope No II" within 72 hours from the date of Control Transfer( a per on line tender schedule) of bid.

  • The method by which the Declarant allocates the Common Expenses among Owners may be changed from time to time prior to the Control Transfer Date as changes occur in the six (6) factors set forth above.

  • Separating Data and Control Transfer in Distributed Operating Systems.

  • An entity shall apply these amendments and addition when it applies the Standards of GRAP on Transfer of Functions Between Entities Under Common Control, Transfer of Functions Between Entities Not Under Common Control and Mergers.

  • Additionally, facility AIT directives must require that any deviation from the specified procedure invalid- ates the procedure for that situation and requires that verbal coordination be completed as per FAA Order JO 7110.65, Air Traffic Control, Paragraph 2−1−14, Coordinate Use of Airspace, Paragraph 2−1−15, Control Transfer, Paragraph 5−4−5, Transferring Controller Handoff, Paragraph 5−4−6, Receiving Controller Handoff, or Paragraph 5−4−7, Point Out.


More Definitions of control transfer

control transfer means any transfer (as defined in Section 12.2) of (a) this Agreement (or any interest in this Agreement), (b) the Hotel or all or substantially all of its assets, (c) a Controlling Ownership Interest in Franchisee, whether in one transaction or a series of related transactions (regardless of the time period over which these transfers take place), or (d) a Controlling Ownership Interest in any Controlling Owner (if such Owner is a legal entity), whether in one transaction or a series of related transactions (regardless of the time period over which these transfers take place).
control transfer means one or a series of related transactions as a result of which (i) any Third Party, or group of Third Parties acting in concert, acquires, directly or indirectly, a majority of the Company's voting shares (on a Fully-Diluted Basis), (ii) the Company consolidates with or merges into or with, or effects any plan of share exchange with, any Person and after giving effect to such consolidation or merger or plan of share exchange any Third Party or group of Third Parties acting in concert owns, directly or indirectly, a majority of the voting shares of the Person (on a Fully-Diluted Basis) surviving such consolidation or merger or (iii) in one transaction or a series of related transactions, all or substantially all of the assets of the Company are sold, leased, exchanged or otherwise transferred as an entirety to any Third Party or group of Third Parties acting in concert (the "Acquiring Persons") and after giving effect to such transaction any Third Party or group of Third Parties acting in concert owns, directly or indirectly, a majority of the voting shares of the Acquiring Persons (on a Fully-Diluted Basis).
control transfer means any consolidation or merger of the Corporation with or into any other corporation or other entity or person, or any other corporate reorganization, in which the stockholders of the Corporation immediately prior to such consolidation, merger or reorganization, retain or receive on account of their securities of the Corporation less than fifty percent (50%) of the surviving entity’s voting power immediately after such consolidation, merger or reorganization, or any transaction or series of related transactions in which in excess of fifty percent (50%) of the Corporation’s voting power is acquired by a Person or a group of Persons; provided, however, the term “Control Transfer” shall not include any transaction or series of related transactions pursuant to which any Affiliates acquire or dispose of more than fifty percent (50%) of the Corporation’s voting power and in which no non-Affiliates participate.
control transfer means a Transfer of Shares in an aggregate amount equal to 35% or more of the outstanding shares of Common Stock, but specifically excluding any Transfer by a Stockholder pursuant to Section 4.1(b).
control transfer means a Transfer (other than a Permitted Transfer) which would have the effect of transferring to a Person or Group that is not an Affiliate of TopCo Parent a number of shares of Common Stock such that, following the consummation of such Transfer, such Person or Group possesses fifty percent (50%) or more of the outstanding voting stock or equity securities of the Company or the voting power to elect a majority of the Board (whether by merger, consolidation or sale or transfer or otherwise).
control transfer means a sale, exchange or other transfer by one or more Shareholders pursuant to a private sale or other transaction or series of transactions (other than pursuant to a registered public offering) of an aggregate of more than 50% of the outstanding shares of the Company to any person or entity.
control transfer means a transfer by Stephen J. Trevisan, at any one time or cumulatively, of fifty percexx (00%) xx xxxx xx the beneficial interests which he holds in Tenant as of the Date of Lease (whether stock, partnership interests, membership interests or other form of ownership or control), other than to his estate, court appointed representative in the case of incompetency, spouse, descendants, or trust for the benefit of his spouse and/or descendants. A dilution of Mr. Trevisan's beneficial interests in Tenant resulting from the issxxxxx xx Xxxxxt of additional stock or other beneficial interests shall not be deemed to be a Control Transfer so long as Mr. Trevisan continues to hold at least a five percent (5%) ownershix xxxxxxxx xn Tenant after the transfer. Landlord shall be entitled to reject any proposed Control Transfer to a party (a) that is known in the community as being of bad moral character; (b) that is controlled, directly or indirectly, by persons who have been convicted of felonies in any state or federal court; or (c) that has failed to honor its material financial obligations within the five (5) year period immediately preceding the effective date of the proposed Control Transfer (a "Non-Permissible Party"). In the event of a proposed Control Transfer to a party other than a Non-Permissible Party, if the transfer is not approved by Landlord, the Control Transfer may nevertheless take place if, prior to the effective date of such transfer, Tenant delivers to Landlord an additional Security Deposit. The additional Security Deposit shall (1) be in the form of cash or a letter of credit meeting the requirements of Section 6.1, (2) be in an amount sufficient to increase the total amount of the Security Deposit under this Lease to Five Hundred Thousand Dollars ($500,000) if the effective date of the Control Transfer occurs prior to the commencement of the ninth (9th) Lease Year or Three Hundred Thousand Dollars ($300,000) if the effective date of the Control Transfer occurs on or after the commencement of the ninth (9th) Lease Year (or during the Renewal Period), and (3) be subject to the terms of Section 6.1 as if it were a part of the original Security Deposit. Upon the posting of the additional Security Deposit, the reduction provisions of Section 6.2 shall not apply. Instead, if the additional Security Deposit is posted prior to the commencement of the ninth (9th) Lease Year, then the total amount of the Security Deposit may be reduced to Three Hundre...