Controlled Company Exemption definition

Controlled Company Exemption means, if and to the extent otherwise applicable to the Corporation, the exemptions from the corporate governance rules and requirements of the Securities Exchange available to any company that constitutes a “controlled company” within the meaning of the corporate governance rules and requirements of the Securities Exchange.
Controlled Company Exemption means, if and to the extent otherwise applicable to the Corporation, the exemptions from the Listing Standards available to any company that constitutes a “controlled company” within the meaning of the Listing Standards.
Controlled Company Exemption with respect to the Company means that the Company qualifies for the “controlled company” exemption under

Examples of Controlled Company Exemption in a sentence

  • The Corporation shall not elect to rely upon the Controlled Company Exemption until such time as the Corporation shall have received the approval from holders of at least sixty-six and two thirds percent (66 2/3%) of the voting power of the issued and outstanding shares of capital stock of the Corporation at such annual or special meeting.

  • Director Independence and Controlled Company Exemption The Company’s common stock is listed on the NASDAQ Capital Market.

  • All hash and signature algorithms were implemented by C language while WSN was designed in Octave under Ubuntu 16.04 LTS, processor Intel Core i5 2.6 GHz, OS type 64-bit, Memory 4 GiB, and disk 32.0 GB.Table 4.

  • At any time during which shares of capital stock of the Corporation are listed for trading on the Securities Exchange, the Corporation shall not rely upon the Controlled Company Exemption.

  • Notwithstanding Mr. Absher's share ownership percentage, no action has been taken to seek the Controlled Company Exemption available under Nasdaq Listing Rule 5615(c)(2).

  • Controlled Company Exemption Although we are a “controlled company” within the meaning of the NYSE rules, at this time we have chosen not to avail ourselves of the exemptions from certain corporate governance requirements that are available to controlled companies.

  • Board of Directors and Committees Controlled Company Exemption Since the consummation of the Combination, Vivendi, through its subsidiary VGAC, has held more than 50% of the voting power for the election of our directors.

  • CORPORATE GOVERNANCE Board of Directors Independence Standards for Directors and Controlled Company Exemption Pursuant to our Corporate Governance Policy, a copy of which is available on our website at www.generac.com, the Board of Directors is required to affirmatively determine whether our directors are independent under the listing standards of the New York Stock Exchange ("NYSE"), the principal exchange on which our common stock is traded.

  • Controlled Company Exemption Case-by-case Companies where more than 50% of the voting power is held by an individual, group or another company, need not comply with the requirement to have a majority of independent directors and independent key committees.

  • We have the following operations between ideals (this list is non-exhaustive.Definition.Sum: I + J = { f + g | f ∈ I, g ∈ J }, Intersection: I ∩ J,Product: I J = ({ f g | f ∈ I, g ∈ J }),Colon: I : J = { f ∈ S | f j ∈ I ∀j ∈ J } = { f ∈ S | f J ⊂ I }Note that the colon ideal of two ideals is also known as the ideal quotient of two ideals.Proposition 3.2. I J ⊆ I ∩ JProof.


More Definitions of Controlled Company Exemption

Controlled Company Exemption with respect to the Company means that the Company qualifies for the “controlled company” exemption under applicable Stock Exchange Rules based on the Sponsor Group’s beneficial ownership of Voting Securities.

Related to Controlled Company Exemption

  • Similar Law As defined in Section 5.02(b).

  • IRC means the Internal Revenue Code of 1986, as in effect from time to time.

  • Section 409A of the Code means the nonqualified deferred compensation rules under Section 409A of the Code and any applicable treasury regulations and other official guidance thereunder.