Sufficient Control definition
Sufficient Control means having either direct ownership or legally enforceable rights over Material Economic and Operational Assets so that the licensee can legally rely on them and enjoy the benefit of them.
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Related to Sufficient Control
Management Control means the possession, directly or indirectly of the power to direct or cause the direction of the management and policies of the Concessionaire, whether through the ownership of voting securities, by contract or otherwise or the power to elect or appoint more than 50% (fifty percent) of the directors, managers, partners or other individuals exercising similar authority with respect to the Concessionaire.
Joint Control means a situation where a company has multiple promoters (but none of the shareholders has more than 50% of voting rights and paid up share capital).
Declarant control means the right of the declarant or
control room means a room on any premises which is specifically designed, built and equipped to coordinate and control an emergency situation in or on the premises in question;
Client Contract means a futures or option contract between us and you, which is matched by an identical Contract;