Related to Person Closely Connected

Controlling shareholding means not less than 51% of the voting rights or paid up share capital in the Company/Consortium.
Controlling ownership interested means ownership of or entitlement to more than twenty five percent of shares or capital or profits of the Company;
Permitted Transactions has the meaning set forth in Section 13(B).
Purchaser’s Group means the Purchaser and its Affiliates from time to time;
Formation Transactions means the transactions contemplated by this Agreement and the other Formation Transaction Documentation.

Person Closely Connected definition