Controlling Interest

Controlling Interest. (i) 51 percent or more of the ownership interests in an entity, or (ii) a percentage ownership interest in an entity of less than 51 percent, if the owner(s) of that interest actually direct(s) the business and affairs of the entity without the requirement of consent of any other party. The Controlling Interest shall be deemed to be 51 percent unless otherwise stated in Exhibit B.

Controlling Interest. Shall mean beneficial ownership, directly or indirectly, of securities of ACC representing more than 50% of the voting power of ACC's then outstanding securities.

Controlling Interest. In an entity means beneficial ownership of more than fifty percent (50%) of the equity securities representing more than fifty percent (50%) of the voting power of the outstanding equity securities of the entity.

Controlling Interest. In relation to a person, means the ownership by that person and his or its Affiliates of Shares carrying the right to more than fifty percent (50%) of the total number of votes which may be cast at a general meeting of the shareholders of the Company.

Controlling Interest. In an entity will mean (x) beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of more than 50% of the equity securities representing more than 50% of the voting power of the outstanding equity securities of the entity.

Controlling Interest. Means Beneficial Ownership of more than 50% of the outstanding shares common stock of a corporation or the comparable equity securities of a noncorporate business entity.

Controlling Interest. In a partnership, corporation, limited liability company, or similar form of business entity, the percent of voting shares or other voting rights that results from dividing one hundred percent (100%) of the ownership interests by the number of Owners. In the case of a proposed transfer of an Ownership Interest (defined below) in MASTER LICENSEE, the determination of whether a "Controlling Interest" is involved must be made both immediately before and immediately after the proposed transfer to... see if a "Controlling Interest" will be transferred (because of the number of Owners before the proposed transfer) or will be deemed to have been transferred (because of the number of Owners after the proposed transfer). In a trust, the trustee shall be deemed to hold one hundred percent (100%) of the trust's voting interests, and each beneficiary of a trust shall be deemed to hold his proportionate share of the trust's voting interests or, if those interests are indeterminate, one hundred percent (100%) of the trust's voting interests. View More

Controlling Interest. Means the sale or transfer of the Company's securities representing greater than 50% of the voting power.