Connected Undertakings

Example Definitions of "Connected Undertakings"
Connected Undertakings. (a) undertakings one of which directly or indirectly; (i) holds more than half of the capital or business assets of the other, or (ii) has the power to exercise more than half the voting rights in the other, or (iii) has the power to appoint more than half the members of the supervisory board, board of directors or bodies legally representing the other, or (iv) has the right to manage the affairs of the other; or (b) undertakings in relation to which a third undertaking is able directly or... indirectly to exercise such rights or powers as are mentioned in (a) above View More
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