Examples of Designated Telecommunication Licensee in a sentence
Every Designated Telecommunication Licensee must adopt reasonable procedures for monitoring changes in the Voting Shares and Voting Power in the Designated Telecommunication Licensee.
However, in certain circumstances, an Acquiring Party that becomes a 12% Controller of a Designated Telecommunication Licensee could have the ability to use its Voting Shares or Voting Power in a manner that would substantially lessen competition or in a manner that is contrary to the public interest.
The written notifications must state the percentage of Voting Shares or Voting Power in the Designated Telecommunication Licensee that such person held or controlled prior to the acquisition and the percentage of Voting Shares or Voting Power in the Designated Telecommunication Licensee that such person has further acquired.
If IDA decides to designate such party as a Designated Telecommunication Licensee, Designated Business Trust or Designated Trust, IDA will publish the designation in the Gazette.
IDA will presume that an Acquiring Party that becomes a 12% Controller of a Designated Telecommunication Licensee is not likely to have the ability to exercise Effective Control over that Designated Telecommunication Licensee.
Every Acquiring Party, the Designated Telecommunication Licensee and the Trustee-Manager/trustee, must comply with the following provisions in connection with acquisitions of Units, Equity Interests or Voting Power.
Every Acquiring Party and the Designated Telecommunication Licensee must comply with the following provisions in connection with acquisitions of Voting Shares or Voting Power in the Designated Telecommunication Licensee.
IDA will presume that a person that holds Voting Shares or is in a position to control Voting Power of less than 5% in a Designated Telecommunication Licensee does not have the ability to use such interest in a manner that would substantially lessen competition or in a manner that is contrary to public interest.
A Designated Telecommunication Licensee, Designated Business Trust or Designated Trust may petition IDA, at any time, for removal of its designated status.
Business Trust or trust (established in respect of a telecommunication system operated by a Services-based Licensee), as a Designated Telecommunication Licensee, Designated Business Trust or a Designated Trust respectively, IMDA will provide such party with written notice regarding the basis on which IMDA proposes to designate it as a Designated Telecommunication Licensee, Designated Business Trust, or Designated Trust.