Controlling Shareholder definition

Controlling Shareholder means any shareholder owning more than fifty

Controlling Shareholder of a corporation means a shareholder who or which holds (or another person who or which holds for the benefit of such shareholder), other than by way of security only, voting securities of such corporation carrying more than 50% of the votes for the election of directors, provided that the votes carried by such securities are sufficient, if exercised, to elect a majority of the board of directors of such corporation;

Controlling Shareholder means a person who:

Examples of Controlling Shareholder in a sentence

• Xxxxxxx Title: Executive Vice President and Chief Financial Officer RSA SECURITY INC.

• When accepting to act on behalf of a limited company, we may require a Director and/or Controlling Shareholder to sign a form of personal guarantee in respect of our fees and expenses.

• As the Licensor is a fellow subsidiary of Xxxxx Holdings (which in turn is the Controlling Shareholder) and a connected person of the Company, the Brand Licence Agreements constitute continuing connected transactions of the Company under the Listing Rules.

• However, in case of any change in the shareholding of the other shareholders (other than the Controlling Shareholder including Lead Member) after signing of IA, the arrangement should not change the status of the Controlling Shareholder and the lead member in the Project Company at least up to one year after the commissioning of the Project.

• Correll P.O. Box 430 Controlling Shareholder, 150 Railroad Drive Cumberland Lake Shell, Inc.

More Definitions of Controlling Shareholder

Controlling Shareholder means any shareholder owning more than fifty percent (50%) of the stock in the corporation or more than twenty-five percent (25%) of the stock in the corporation if no other shareholder ownes a larger share of stock in the corporation.

Controlling Shareholder means a person who holds (directly or indirectly) 15% or more of the nominal amount of all voting shares in the listed company or one who in fact exercises control over its listed company.

Controlling Shareholder means a “controlling shareholder” of the Company, as such term is defined in Section 32(9)(a) of the Tax Ordinance.

Controlling Shareholder has the meaning as given in the Listing Rules;

Controlling Shareholder means a shareholder holding, directly or indirectly, 90 per cent (or such other percentage above 90 per cent as provided in the Articles of Incorporation) or more of the Company’s voting rights as calculated in accordance with the Companies Act;

Controlling Shareholder means a person who holds directly or indirectly 15% or more of the total number of issued shares excluding treasury shares in the company; or who in fact exercises control over the company.

Controlling Shareholder means a “controlling shareholder” within the meaning of Section 32(9) of the Ordinance, currently defined as an individual who prior to the grant or as a result of the grant or exercise of any Award, holds or would hold, directly or indirectly, in his name or with a relative (as defined in the Ordinance) (i) 10% of the outstanding shares of the Company, (ii) 10% of the voting power of the Company, (iii) the right to hold or purchase 10% of the outstanding equity or voting power, (iv) the right to obtain 10% of the “profit” of the Company (as defined in the Ordinance), or (v) the right to appoint a director of the Company.