Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;
Ultimate Parent Company means a company which directly or indirectly owns at least twenty six percent (26%) paid up equity capital in the Bidding Company) and/or in the Financially Evaluated Entity and such Bidding Company and /or the Financially Evaluated Entity shall be under the direct control or indirectly under the common control of such company;
Ultimate Parent Company means a company which directly or indirectly owns at least twenty six percent (26%) paid up equity capital in the Bidding Company or Member of a Consortium, (as the case may be) and/or in the Financially Evaluated Entity and such Bidding Company or Member of a Consortium, (as the case may be) and/or the Financially Evaluated Entity shall be under the direct control or indirectly under the common control of such company;
Examples of Ultimate Parent Company in a sentence
Provided that, in case the Lead Member or Bidding Company is holding equity through Affiliate/s, Ultimate Parent Company or Parent Company, such restriction as specified above shall apply to such entities.
If any such shareholding entity, qualifying as an Affiliate / Parent Company / Ultimate Parent Company, is likely to cease to meet the criteria to qualify as an Affiliate / Parent Company / Ultimate Parent Company, the shares held by such entity shall be transferred to another Affiliate / Parent Company / Ultimate Parent Company of the Selected Bidder.
More Definitions of Ultimate Parent Company
Ultimate Parent Company means a Parent Undertaking (if any) of the relevant person which is not a subsidiary undertaking of any other person (where “subsidiary undertaking” has the meaning given in Section 1162 of the Companies Act 2006 (as amended);
Ultimate Parent Company means a Company, which owns not less than fifty one percent (51%) equity either directly or indirectly in the Parent and Affiliates;
Ultimate Parent Company means a parent company which controls, either directly or indirectly in accordance with the criteria set out in Article 22(1) to (5) of Directive 2013/34/EU of the European Parliament and of the Council, one or more subsidiary companies and is not controlled by another company;
Ultimate Parent Company means a Company, which owns more than fifty percent (50%) equity shareholding either directly or indirectly in the Parent Company.
Ultimate Parent Company means a Constituent Entity of a Group that meets the following criteria -
Ultimate Parent Company means a Parent Undertaking (if any) of the relevant person which is not a subsidiary undertaking of any other person (where
Ultimate Parent Company means, in relation to a Party, a company that directly or indirectly controls such Party, but shall not include any private equity or other investment fund, nor any person that manages such funds, or individuals which directly or indirectly hold a majority interest in the Party, instead the Ultimate Parent Company shall be the legal entity in which such funds are invested and/or which exercises direct or indirect control of the Party; and, for Purchaser, the Ultimate Parent Company shall be Hexion Inc., and, for Supplier, the Ultimate Parent Company shall be Royal Dutch Shell plc;