Effectively owned or controlled definition

Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the Offeror's officers or a majority of the Offeror's board of directors by any means, e.g., ownership, contract, or operation of law (or equivalent power for unincorporated organizations).

Effectively owned or controlled means that the Turkish government or any entity controlled by the Turkish government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the entity’s officers or a majority of the entity’s board of directors by any means, e.g., ownership, contract, or operation of the law (or equivalent power for unincorporated organizations).

Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election,

Examples of Effectively owned or controlled in a sentence

• As used in this clause: (1) Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the offeror’s officers or a majority of the offeror’s board of directors by any means, e.g., ownership, contract, or operation of law (or equivalent power for unincorporated organizations).

• As used in this clause: (1) Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the offeror’s officers or a majority of the offeror’s board of directors by any means, e.g., ownership, contract, or operation of law (or equivalent power for incorporated organizations).

• Effectively owned or controlled means that a foreign government or an entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control or influence the election or appointment of the Offeror's officers, directors, partners, regents, trustees, or a majority of the Offeror's board of directors by any means, e.g., ownership, contract, or operation of law.

More Definitions of Effectively owned or controlled

Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of Offeror’s officers or a majority of

Effectively owned or controlled means that a non-U.S. government or any entity controlled by a non-

Effectively owned or controlled means that a foreign government or any entity con- trolled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the elec- tion, appointment, or tenure of the Offeror’s officers or a majority of the Offeror’s board

Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the Offeror’s officers or a majority of the Offeror’s board of directors by any means e.g., ownership, contract, or operation of law (or equivalent power for unincorporated organizations).

Effectively owned or controlled means that a foreign government or any entity controlled by a foreign

Effectively owned or controlled means that a foreign government or any entity controlled by a foreign govern either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the majority of the offeror’s board of directors by any means, e.g., ownership, contract, or operation of law (or equival unincorporated organizations).

Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government can control the election, appointment, or tenure of the Offeror’s officers or a majority of the Offeror’s board of directors by any means. The power itself is an issue, whether direct or indirect, regardless of whether it is exercised. Power might come from ownership, contract, operation of law, or other means. However, the term “effectively owned and controlled by a foreign government” does not apply to your company if it is not directly or indirectly controlled by a foreign government and the foreign ownership was effective before October 23, 1992.