Controlled Portfolio Company means a portfolio company of any KKR Vehicle of which the KKR Vehicle (together with KKR or any other KKR Vehicles) holds a majority of the outstanding voting equity, has the right to appoint a majority of the board members (or equivalent managers) or otherwise has the right to exercise majority control by contract.
Controlled Portfolio Company means a Portfolio Company if the Company, directly or through one or more Subsidiaries, owns securities having a majority of the voting power in electing the board of directors (or analogous governing body) of such Portfolio Company or, in the case of a partnership, limited liability company or other similar entity that is not governed by a board of managers (or analogous governing body), the Company, directly or through one or more Subsidiaries, serves as general partner or managing member of such Portfolio Company.
Controlled Portfolio Company means, with respect to any WCP Owner, any Portfolio Company which such WCP Owner (together with its related invested funds, successor funds and general partners) directly or indirectly (i) owns a majority of the outstanding voting equity securities, and/or (ii) has the right to designate a majority of the board of directors or other similar governing body entity such that such designees control the board or other similar governing body or otherwise has the possession of the power to direct the management and policies of a Person.
Examples of Controlled Portfolio Company in a sentence
Any incremental out-of-pocket expenses incurred by the Company, the Manager, or the Controlled Portfolio Company as a result of Comcast AG Shareholder’s request pursuant to this Section 10.19(a)(ii) shall be reimbursed by the Comcast AG Shareholder.
Any incremental out-of-pocket expenses incurred by the Company, the Manager, or the Controlled Portfolio Company as a result of Comcast Shareholder’s request pursuant to this Section 10.19(a)(ii) shall be reimbursed by Comcast Shareholder.
The Director of Corporate Services also attends the meetings in an advisory capacity.
Any incremental out-of-pocket expenses incurred by the Company, the Manager, or the Controlled Portfolio Company as a result of Comcast Shareholder’s request pursuant to this Section 10.19(a)(ii) shall be reimbursed by the Comcast Shareholder.
Each Principal Stockholder shall be liable for any breach of this Section 7.2 by any Controlled Portfolio Company.
More Definitions of Controlled Portfolio Company
Controlled Portfolio Company means any portfolio company that directly, or indirectly through one or more intermediaries, is controlled by or is under common control with Ares, an Ares Direct Transferee or an Ares Indirect Transferee, as applicable.
Controlled Portfolio Company. Any company that (x) is controlled (through an ownership of 50% or more of the equity interests or stock) by the Collateral Manager, an Affiliate thereof, or an account, fund, client or portfolio established and controlled (through an ownership of 50% or more of the equity interests or stock) by the Collateral Manager or an Affiliate thereof and (y) with respect to which the Collateral Manager has actual knowledge of such control.
Controlled Portfolio Company means any portfolio company that directly, or indirectly through one or more intermediaries, is controlled by or is under common control with: (A) Ares, an Ares Direct Transferee or an Ares Indirect Transferee or (B) OTPP, an OTPP Direct Transferee or an OTPP Indirect Transferee, as applicable.
Controlled Portfolio Company. Any company that, at the time the Loan is acquired by the Issuer, is majority owned by the Asset Manager, an Affiliate thereof, or an account, fund, client or portfolio company established and majority owned by the Asset Manager or an Affiliate thereof.
Controlled Portfolio Company. Any company that (x) is controlled (through an ownership of 50% or more of the equity interests or stock) by the Collateral Manager, an Affiliate thereof, or an account, fund, client or portfolio established and controlled (through an ownership of 50% or more of the equity interests or stock) by the Collateral Manager or an Affiliate thereof and (y) with respect to which the Collateral Manager has actual knowledge of such control. "Controlling Class": The Class A-1A Debt, so long as any Class A-1A Debt is Outstanding; then the Class A-1B Notes so long as any Class A-1B Notes are Outstanding; then the Class A-2 Notes so long as any Class A-2 Notes are Outstanding; then the Class B Notes so long as any Class B Notes are Outstanding; then the Class C Notes so long as any Class C Notes are Outstanding; and then the Subordinated Notes. "Controlling Person": A Person (other than a Benefit Plan Investor) who has discretionary authority or control with respect to the assets of the Issuer or any Person who provides investment advice for a fee (direct or indirect) with respect to such assets or an affiliate of any such Person. For this purpose, an "affiliate" of a person includes any person, directly or indirectly, through one or more intermediaries, controlling, controlled by, or under common
Controlled Portfolio Company means a Portfolio Company as to which one or more Financing Credit Parties possesses, directly or indirectly, the power to direct or cause the direction of such Portfolio Company's management and policies, whether through the ownership of Capital Stock, by contract or otherwise.
Controlled Portfolio Company means, with respect to either Institutional Stockholder, a Person in which such Institutional Stockholder or a Non-Compete Affiliate owns more than 50% of the voting securities or has consent or veto rights (through equity, debt or a vote on the governing body) with respect to acquisitions or entering into new lines of business. In the case of the DLJMB Funds, Mxxxxxx Corporation shall be deemed to be a “Controlled Portfolio Company” if but only if the DLJMB Funds or any Affiliate of the DLJMB Funds has veto rights over acquisitions or new lines of business.