Corporate Control definition

Corporate Control means the actually exercised power to direct the corporate activities and guide the action of the Companies’ bodies, whether directly or indirectly, either in fact or by operation of law, irrespective of the equity interest held. Additionally, a relative legal presumption applies that a controlling interest is held by a person, or Shareholders Group, holding an equity interest which have assured the absolute majority of the votes among the shareholders attending to the last three (3) shareholders meetings of the Company, even if not actually holding an absolute majority of the total voting shares issued by the Company.
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Corporate Control means (a) in the case of corporate entities, direct or indirect ownership of at least fifty percent (50%) of the stock or shares having the right to vote for the election of directors, and (b) in the case of non-corporate entities, direct or indirect ownership of at least fifty percent (50%) of the equity interest with the power to direct the management and policies of such non-corporate entities.
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Corporate Control shall have the following meaning: A corporation or other entity shall be regarded as having Corporate Control of another corporation or entity if it owns or directly or indirectly controls more than fifty percent (50%) (or, if less, the maximum ownership interest permitted by law of a particular jurisdiction) of the voting stock or other ownership interest of the other corporation or entity, or if it possesses, directly or indirectly, the power to direct or cause the direction of the management and policies of the corporation or other entity or the power to elect or appoint fifty percent (50%) or more of the members of the governing body of the corporation or other entity.
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Examples of Corporate Control in a sentence

  • Rock, Hedge Funds in Corporate Governance and Corporate Control, 155 U.

  • The Surveillance and Corporate Control unit of the Oslo Stock Exchange monitors all market activity on a continuous basis.

  • Such present value shall be calculated using a discount rate equal to the interest rate on 90-day Treasury bills, as reported in the Wall Street Journal (or similar publication) on the date of the Change in Corporate Control.

  • Roe, Political Preconditions to Separating Ownership from Corporate Control, 53 STAN.

  • Sitkoff, Agency Costs, Charitable Trusts, and Corporate Control: Evidence from Hershey’s Kiss-Off, 108 COLUM.

  • In the event of a Change in Corporate Control, all outstanding awards granted to the Executive under the Plan (including restricted stock units, options and other awards) in effect shall become fully vested and, in the case of options, exercisable in whole or in part, notwithstanding the terms of the Plan relating to the vesting of awards.

  • The covenant against competition herein described shall apply until the termination of the Executive’s employment as provided herein and until the earlier of (i) six months after such termination or (ii) a Change in Corporate Control (the “Restriction Period”).

  • If the Executive resigns or otherwise voluntarily terminates his employment before the end of the current Employment Term (other than in connection with a Change in Corporate Control, as described in Section 6), the amount the Executive shall be entitled to receive from the Company shall be limited to the Accrued Obligations.

  • Upon a Change in Corporate Control, each outstanding Option shall immediately become fully exercisable.

  • As is often the case with genomics, the biological objects being analyzed (e.g., 32tissue samples or drug experiments) are frequently represented by high dimensional 33numeric feature vectors (e.g., transcript abundance measurements).


More Definitions of Corporate Control

Corporate Control means the controls department of Sateri.
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Corporate Control shall have the meaning set forth in Section 14.3.1.
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Related to Corporate Control

  • Corporate Change means one of the following events: (i) the merger, consolidation, or other reorganization of the Company in which the outstanding Stock is converted into or exchanged for a different class of securities of the Company, a class of securities of any other issuer (except a direct or indirect wholly owned subsidiary of the Company), cash or other property; (ii) the sale, lease or exchange of all or substantially all of the assets of the Company to any other corporation or entity (except a direct or indirect wholly owned subsidiary of the Company); or (iii) the adoption by the stockholders of the Company of a plan of liquidation or dissolution.

  • Corporate Group means the Corporation and its Subsidiaries treated as a single consolidated entity.

  • Change in Control of the Corporation means a change in control of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934, as amended ("Exchange Act"), or any successor thereto, whether or not the Corporation is registered under the Exchange Act; provided that, without limitation, such a change in control shall be deemed to have occurred if (i) any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the "beneficial owner" (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Corporation representing 25% or more of the combined voting power of the Corporation's then outstanding securities; or (ii) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board of Directors of the Corporation cease for any reason to constitute at least a majority thereof unless the election, or the nomination for election by stockholders, of each new director was approved by a vote of at least two-thirds of the directors then still in office who were directors at the beginning of the period.

  • Chief Pretrial Services Officer (i.e., CPSO) means the individual appointed by the court to supervise the work of the court’s pretrial services staff. For the purpose of the contract, the “Chief Probation Officer” acts as the contract administrator on behalf of the Director of the Administrative Office of the United States Courts.

  • medical officer means any medical practitioner who is registered under the Health Practitioners Competence Assurance Xxx 0000 and who falls within the coverage clause of this Agreement and who is not a medical specialist.

  • Corporate Officer means, with respect to the Recipient, its president; any vice president in charge of a principal business unit, division, or function (such as sales, administration or finance); any other officer who performs a policy-making function; or any other person who performs similar policy making functions for the Recipient. Executive officers of subsidiaries or parents of the Recipient may be deemed Corporate Officers of the Recipient if they perform such policy-making functions for the Recipient.

  • corporate debtor means a corporate person who owes a debt to any person;

  • State Controlling Body (SCB) means a state or territory motorcycling association affiliated as a member of MA;

  • Corporate Headquarters means the location that is the primary center of direction, control and coordination for the company.

  • Certified peace officer means a peace officer certified by the

  • Chief Probation Officer (i.e., CUSPO) means the individual appointed by the United States District Court to supervise the work of the court’s probation staff. For the purpose of the contract, the “Chief Probation Officer” acts as the contract administrator on behalf of the Director of the Administrative Office of the United States Courts.

  • Control Group means the Company and its Affiliates.

  • Corporate Defendants means Money Now Funding, LLC, a/k/a Money

  • Chief Procurement Officer or "CPO" means the chief procurement officer of the City of Chicago or his or her designee.

  • Chief Student Services Officer means the Administrative Officer at the College who has overall management responsibility for student services, or his/her designee.

  • Corporate Defendant means CardReady, LLC, and its assigns and successors.

  • Executive Officer means, with respect to any corporation, the Chief Executive Officer, Chief Operating Officer, Chief Financial Officer, President, Executive Vice President, any Vice President, the Secretary or the Treasurer of such corporation; and with respect to any partnership, any general partner thereof.

  • Chief Operating Officer means the Chief Operating Officer of the Corporation.

  • Police officer means every officer authorized to direct or regulate traffic, or to make arrests for violations of traffic regulations.

  • Chief Medical Officer means the chief medical officer under

  • Deputy Chairman means the Non-Executive Director appointed by the Council of Governors to take on the Chairman’s duties if the Chairman is absent for any reason.

  • effective control means a relationship constituted by rights, contracts or any other means which, either separately or jointly and having regard to the considerations of fact or law involved, confer the possibility of directly or indirectly exercising a decisive influence on an undertaking, in particular by:

  • Peace officer means a law enforcement official of a public agency or governmental unit, and includes persons specifically given peace officer powers by any state law, local ordinance, or judicial order of appointment.

  • Deputy President means a Deputy President of the Tribunal;

  • Chief means Chief Agri/Industrial, a division of Chief Industries, Inc.

  • Executive Management means the CEO and the CFO for purposes of administering this Plan.