Joint Control definition

Joint Control means a situation where a company has multiple promoters (but none of the shareholders has more than 50% of voting rights and paid up share capital).

Joint Control means a situation where none of the promoter shareholders has at least 51 % shareholding in the paid up share capital and voting rights in the SPD, and the control is exercised jointly;

Joint Control shall have same meaning as defined in RfS Document.

Examples of Joint Control in a sentence

• It has been determined that the company is governed by Joint Control due to the fact that unanimous consent exists for key decisions and that each Authority has equal voting rights.

• With respect to Personal Data provided by one Party to another Party for which each Party acts as Controller but which is not under the Joint Control of the Parties, each Party undertakes to comply with the applicable Data Protection Legislation in respect of their Processing of such Personal Data as Controller.

• Joint Control is the contractual agreed sharing of control of the arrangement which exists only when decisions about the relevant activities require unanimous consent of the parties sharing control.

• With respect to Personal Data which a Party acts as Controller but which is not under Joint Control (because the Parties determine the means and purposes of processing Personal Data independently of each other) each Party undertakes to comply with the applicable Data Protection Legislation in respect of their Processing of such Personal Data as Controller.

• Joint Control Judgment is required to determine when the Company has joint control over an arrangement, which requires an assessment of the capital and operating activities of the projects it undertakes with partners and when the decisions in relation to those activities require unanimous consent.

More Definitions of Joint Control

Joint Control means the contractually agreed sharing of power to govern the financial and operating policies of an econottlic activity So as to obtain benefits from it;

Joint Control means the contractually agreed sharing of Control of an arrangement, which exists only when the strategic financial and operating decisions relating to the activity require the unanimous consent of the parties sharing Control. "Jointly Controlling" and "Jointly Controlled" shall be construed accordingly.

Joint Control means a situation where control is equally distributed among the interested parties;

Joint Control means Personal Data which under the Control of Joint Controllers in accordance with GDPR Article 26; “Joint Controllers” means where two or more Controllers jointly determine the purposes and means of processing; “Key Personnel” means the individuals (if any) identified as such in Section 4 (Special Conditions);

Joint Control means a situation where none of the promoter shareholders has at least 51 % shareholding in the paid up share capital and voting rights in the company, and the control is exercised jointly;

Joint Control means the contractually agreed sharing of control of an arrangement, which exists only when decisions about relevant activities require the unanimous consent of the parties sharing control;

Joint Control means the contractually agreed sharing of Control of an arrangement, which exists only when the strategic financial and operating decisions relating to the activity require the unanimous consent of the parties sharing Control.