Ownership and control means ownership of at least 51% of
Ownership and control means ownership of at least 51% of the business, including corporate stock if a corporation, and control over the management and day-to-day operations of the business and an interest in the capital, assets, and profits and losses of the business proportionate to percentage of ownership. [410 ILCS 705/1-10]
Ownership and control means ownership of at least fifty-one percent (51%) of the
Examples of Ownership and control in a sentence
Ownership and control of the expirations on any business placed by Producer through Orchid shall remain with Producer.
More Definitions of Ownership and control
Ownership and control means that the individual person(s) who ultimately directly or indirectly:
Ownership and control means: Individuals who do not exceed the Net worth Limitation, must own at least fifty-one percent (51 %) of the business, and they must control and manage the operations of the business on a daily basis.
Ownership and control means ownership of at least 51% of the business, including corporate stock if a corporation, and
Ownership and control means ownership, directly or through
Ownership and control. (and derivatives thereof) shall mean (i) ownership of record, (ii) "beneficial ownership" as defined in Rule 13 d-3 promulgated by the SEC under the Securities Act, and (iii) the power to direct and manage, by agreement, contract, agency or other manner, the voting or management rights or disposition of securities of the corporation.
Ownership and control has the meaning attributed thereto in Section 8.1(k).
Ownership and control means and include: