Common use of Contractor's Activities Clause in Contracts

Contractor's Activities. All things or tasks which are necessary for the Contractor to do to comply with its Contract obligations. The person named in the Contract Particulars. Includes: the ability to exercise or control the exercise of the right to vote in respect of more than 50% of the voting shares or other form of voting equity in a corporation; the ability to dispose or exercise control over the disposal of more than 50% of the shares or other form of equity in a corporation; the ability to appoint or remove all or a majority of the directors of a corporation; the ability to exercise or control the exercise of the casting of a majority of the votes cast at the meetings of the board of directors of a corporation; and any other means, direct or indirect, of dominating the decision making and financial and operating policies of a corporation.

Appears in 3 contracts

Sources: Medium Works Contract, Medium Works Contract, Medium Works Contract