Controlling ownership interest definition

Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;
Controlling ownership interest means ownership of or entitlement to more than twenty-five per cent of share or capital or profit of the company;
Controlling ownership interest means ownership of or entitlement to more than

Examples of Controlling ownership interest in a sentence

  • Explanation- a) "Controlling ownership interest" means ownership of, or entitlement to, more than twenty-five per cent of shares or capital or profits of the company; b) "Control" shall include the right to appoint the majority of the directors or to control the management or policy decisions, including by virtue of their shareholding or management rights or shareholder’s agreements or voting agreements; II.

  • Each of the Borrower and its Subsidiaries owns, free and clear of all Liens (other than Permitted Liens) and has the unencumbered right to vote, all outstanding Equity Interests in each Subsidiary which directly or indirectly owns an Eligible Property (other than any Subsidiary which directly or indirectly owns the K▇▇▇▇▇▇▇▇▇▇▇▇ Hotel, provided that the Borrower retains, directly or indirectly, at least a 95.0% Controlling ownership interest therein).


More Definitions of Controlling ownership interest

Controlling ownership interest means ownership of/entitlement to more than 25 per cent of the shares or capital or profits of the company.
Controlling ownership interest means ownership of or entitlement to more than twenty‐five percent of share or capital or profits of the company;
Controlling ownership interest means ownership of or entitlement to more than ten percent of shares or capital
Controlling ownership interest means ownership of a or entitlement to more than twenty-five percent
Controlling ownership interest means ownership of/entitlement to more than 10 percent of the shares or capital or profits of the company.
Controlling ownership interest means ownership of or entitlement to more than twenty-five per cent, of shares or capital or profits of the company; b. “Control” shall include the right to appoint majority of the directors or to control the management or policy decisions including by virtue of their shareholding or management rights or shareholders agreements or voting agreements;
Controlling ownership interest means ownership of or entitlement to more than twenty-five per cent. of shares or capital or profits of the company