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.
Found in
Steadfast Income REIT, Inc. contract
Controlling Interest. Means the sale or transfer of the Company's securities representing greater than 50% of the voting power.
All Definitions
Found in
Uni-Pixel contract