Examples of Mixed Companies in a sentence
Under the GCL, Mixed Companies are not subject to the same degree of regulation as Government Companies.
State-owned enterprises are divided by law into two main categories: Government Companies (including their Government Subsidiaries) and Mixed Companies.
However, Mixed Companies are subject to certain provisions of the GCL, including qualifications and approvals required for the appointment of certain directors by the Government.
As consideration for the assignment, the Assignee will pay to the Company 50% of any payment it obtains, whether monetary or in kind (including, without limitation, an indemnity, compensation, reparation or similar) related to the direct or indirect interest in the Mixed Companies and the Areas.
Mixed Companies are companies in which the State owns 50% or less of the voting rights or has the right to appoint less than half of the members of the board of directors.
All exploration and production activities are conducted mainly by CVP and Mixed Companies in Venezuela.
State-owned enterprises are divided into two categories: Government Companies and Mixed Companies.
Mixed Companies are companies in which the State owns less than 50% of the voting shares.
However, Mixed Companies do remain subject to certain provisions of the GCL, including the Government’s appointment and qualification of certain directors and the Government’s establishment of terms of employment.
Mixed Companies are companies in which the State owns 50% or less of the voting shares or has the right to appoint less than half of the members of the board of directors.