Minority Company definition

Minority Company means a company not being a Group Company or a JV Company in which a Group Company holds an ownership interest.
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Minority Company means any Company of the Guarantor that (a) becomes a directly held Company of either the Guarantor or a Material Subsidiary and is designated as a Minority Company by the Board of Directors of the Guarantor, (b) has either (i) assets which constitute 5 per cent. or greater of the total assets of the Guarantor and its Subsidiaries on a consolidated basis or (ii) EBITDA which accounts for 5 per cent. or greater of EBITDA of the Guarantor and its Subsidiaries on a consolidated basis as of the date of the most recently delivered financial statements to the Trustee pursuant to Condition 4(e)(i) or 4(e)(ii) or (c) is the direct or indirect parent company of any Subsidiary or Company required to be designated a Material Subsidiary or Minority Company. The Board of Directors of the Guarantor may designate any Company of the Guarantor (including any newly acquired or newly formed Company) to be a Minority Company. Any such designation by the Board of Directors of the Guarantor shall be evidenced to the Trustee by promptly providing to the Trustee a copy of the resolution of the Board of Directors of the Guarantor giving effect to such designation. Any Company of the Guarantor designated by the Board of Directors of the Guarantor as a Minority Company shall not be capable of subsequently being undesignated a Minority Company. On the date hereof, the Minority Companies shall include, but not be limited to, TCO, Kashagan, B.V. and CPCK;
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Minority Company means any Subsidiary of KMG that (a) becomes a directly held Subsidiary of either KMG or a Material Subsidiary and is designated as a Minority Company by the Board of Directors of KMG, (b) has either
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Examples of Minority Company in a sentence

  • KMG hereby undertakes that it will deliver to the Trustee, without undue delay, such additional information regarding the financial position or the business of KMG, any Material Subsidiary or any Minority Company as the Trustee may reasonably request, including providing certification according to the Trust Deed.

  • Majority Parent Company is a foreign resident, and Minority Company is a resident.

  • Example 1Facts: Holding Company (a resident that meets all of the qualifying holding company criteria) is 70 per cent owned by Majority Parent Company and 30 per cent owned by Minority Company.

  • The Guarantor hereby undertakes that it will deliver to the Trustee, without undue delay, such additional information regarding the financial position or the business of the Guarantor, any Material Subsidiary or any Minority Company as the Trustee may reasonably request, including providing certification according to the Trust Deed.

  • Holding Company is 70 per cent owned by Majority Company and 30 per cent owned by Minority Company.

  • Holding Company is 70 per cent owned by Majority Parent Company and 30 per cent owned by Minority Company.

  • The Secretary of Defense, the Secretary of State, and the Administrator for the United States Agency for International Development shall issue guidance (appropriate for each department or agency) on equipment used for private security functions under covered contracts with the department or agency concerned, including appropriate levels of body armor and equipment armor, and a recommended list of re-armorers and weapons and armor manufacturers for complying with such guidelines.

  • Established in 2020, S3 Consulting Group is a Women Owned Minority Company, focused on providing consulting and technology solutions.

  • QUESTION: If a Minority Company Bids on the contract, and they receive an award does that go towards meeting the Minority requirements for the Contract.

  • Company Parent has legal title to the Company Shares and the Minority Shareholder has legal title to the Minority Company Shares, in each case free and clear of all 363 Interests other than this Agreement.


More Definitions of Minority Company

Minority Company means [ ].
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Minority Company means any Company of KMG that (a) becomes a directly held Company of either KMG or a Material Subsidiary and is designated as a Minority Company by the Board of Directors of KMG, (b) has either (i) assets which constitute 10% or greater of the total assets of KMG and its Subsidiaries on a consolidated basis or (ii) EBITDA which accounts for 10% or greater of EBITDA of KMG and its Subsidiaries on a consolidated basis as of the date of the most recently delivered financial statements to the Trustee pursuant to Condition 4(e)(i) or 4(e)(ii) or (c) is the direct or indirect parent company of any Subsidiary required to be designated a Material Subsidiary or Minority Company. The Board of Directors of KMG may designate any Company of KMG (including any newly acquired or newly formed Company) to be a Minority Company. Any such designation by the Board of Directors of KMG shall be evidenced to the Trustee by promptly providing to the Trustee a copy of the resolution of the Board of Directors of KMG giving effect to such designation. Any Company of KMG designated by the Board of Directors of KMG as a Minority Company shall not be capable of subsequently being undesignated a Minority Company.
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Related to Minority Company

  • Single member limited liability company means a limited liability company that has one direct member.

  • Security Company means an entity which provides or purports to provide the transport of Property by secure means, including, without limitation, by use of armored vehicles or guards.

  • Utility Company means a municipal corporation or commission or a company or individual operating or using communications services, water services or sewage services, or transmitting, distributing or supplying any substance or form of energy for light, heat or power; (“entreprise de services publics”)

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Foreign limited liability company means an unincorporated entity formed under the law of a jurisdiction other than this state and denominated by that law as a limited liability company.

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Minority person means a Black American, Hispanic American, Native American (including American Indian, Eskimo, Aleut, and Native Hawaiian), Asian-Indian American (including a person whose origins are from India, Pakistan, or Bangladesh), Asian-Pacific American (including a person whose origins are from Japan, China, the Philippines, Vietnam, Korea, Samoa, Guam, the United States Trust Territories of the Pacific, Northern Marianas, Laos, Cambodia, or Taiwan).

  • Operating Company has the meaning set forth in the preamble.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Limited Liability Company Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned or represented by any Limited Liability Company Interest.

  • Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.

  • Bank Holding Company means a company registered as such with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. §1842 and the regulations of the Board of Governors of the Federal Reserve System thereunder.

  • Generating Company means any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person, which owns or operates or maintains a generating station;

  • Business Entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a Delaware limited liability company that is treated as a disregarded entity for U.S. federal income tax purposes, the primary asset of which consists of Equity Interests in either (i) one or more Foreign Subsidiaries or (ii) a Delaware limited liability company the primary asset of which consists of Equity Interests in one or more Foreign Subsidiaries.

  • Limited liability company means a limited liability company formed under Chapter 1705 of the Ohio Revised Code or under the laws of another state.

  • Minority or Women-Owned Business Enterprise means a business enterprise, including a sole proprietorship, partnership or corporation that is:

  • Professional limited liability company means a limited

  • Minority Owned Business Enterprise or "MBE" means a firm awarded certification as a minority owned and controlled business in accordance with City Ordinances and Regulations as well as a firm awarded certification as a minority owned and controlled business by Cook County, Illinois. However, it does not mean a firm that has been found ineligible or which has been decertified by the City or Cook County.