State company definition

State company. 1 shall mean any company owned or controlled by Chile by means of an interest share in the ownership thereof, and it shall include any company created after the entry into force of this Agreement for the sole purpose of selling or disposing of its interest share in the capital or assets of an existing state enterprise or governmental entity.

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State company means a public establishment, a national company or a Senegalese company created in view of oil operations in which the State has a majority share equity.

Examples of State company in a sentence

Investment In the transfer or disposal of any interest in stock or asset held in an existing state enterprise or governmental entity, Chile reserves the right to prohibit or impose limitations on the ownership of said interest or asset and on the right of foreign investors or their investments to control any State company created thereby or investments made by the same.
In the transfer or disposal of any interest in stock or asset held in an existing state enterprise or governmental entity, Chile reserves the right to prohibit or impose limitations on the ownership of said interest or asset, and on the right of foreign investors or their investment to control any State company created thereby or investments made by the same.
Specifically, Consultants will advise Client on the language consulting including translations from English to Chinese and Chinese to English; directly and indirectly introduce professional firms and individuals including an U.S. security attorney firm, an U.S. GAAP auditor, a broker dealer and investment bank; provide advice on Client’s registration of a Nevada State company.
Gécamines is a State company and a party to this Agreement, the State accepted that the jurisdiction of ICSID extends to Gécamines pursuant to article 25, 1 of the ICSID Convention, and duly issued a designation letter in conformity with the ICSID Convention on 19 December 1996.
In the transfer or disposal of any interest in stock or asset held in an existing state enterprise or governmental entity, Chile reserves the right to prohibit or impose limitations on the ownership of said interest or asset and on the right of foreign investors or their investments to control any State company created thereby or investments made by the same.

More Definitions of State company

State company means any company owned or controlled by Chile by means of an interest share in the ownership thereof, and it shall include any company created after the entry into force of this Agreement for the sole purpose of selling or disposing of its interest share in the capital or assets of an existing state enterprise or governmental entity. Sector: All Sectors Obligations Concerned: Most-Favoured-Nation Treatment (Articles 9.4 and 10.4) Description: Investment and Cross-Border Trade in Services Chile reserves the right to adopt or maintain any measure that accords differential treatment to countries under any bilateral or multilateral international agreement in force on, or signed prior to, the date of entry into force of this Agreement. Chile reserves the right to adopt or maintain any measure that accords differential treatment to countries under any international agreement in force or signed after the date of entry into force of this Agreement involving: (a) aviation; (b) fisheries; or (c) maritime matters, including salvage. Sector: Communications

State company means a legal entity which is directly or indirectly controlled by the Government. For the purpose of this definition, the Government will be deemed to have control if it: (a) holds an absolute majority of the votes in a shareholder meeting or equivalent corporate body; or (b) holds more than fifty percent (50%) of the rights and interests which confer the power of management and control; or (c) has the power to appoint a majority of the members of the governing body of such legal entity;

State company means a company constituted for the purpose of carrying out petroleum operations in the form of a public establishment, a national company or a company with a majority public holding.

State company means a legal entity which is directly or indirectly controlled by the Government. For the purpose of this definition, the Government will be deemed to have control if it:

State company means the "Russian Highways" State Company.

State company means a company—