Substantial Part definition

Substantial Part means properties and assets involved in any single transaction or a Series of Related Transactions having an aggregate fair market value of more than ten percent (10%) of the total consolidated assets of the Person in question as determined immediately prior to such transaction or Series of Related Transactions.

Substantial Part means more than ten percent (10%) of the total assets of the corporation in question, as shown on its certified balance sheet as of the end of the most recent fiscal year ending prior to the time the determination is being made.

Substantial Part means more than twenty percent of the total consolidated assets of the Company, as shown on its consolidated balance sheet as of the end of the most recent fiscal year.

Examples of Substantial Part in a sentence

• Neither Company nor any sublicensee (i.e. the end user customers or any other third party) shall distribute any changes or modifications to the Data Collection made by any company or individual other than Fairview that contain all or any Substantial Part of the Data Collection without the prior written consent of Fairview, which consent shall be in Fairview’s sole discretion.

• Neither Company nor any sublicensee (i.e. any of Company’s end user customers or any other third party partner) shall use, distribute or sublicense to any third party all or any Substantial Part (as defined herein) of the Data Collection other than with Company’s Products as listed in Annex 1, without the prior written consent of Fairview, which consent shall be in Fairview’s sole discretion.

More Definitions of Substantial Part

Substantial Part means assets having a book value (determined in accordance with generally accepted accounting principles) in excess of ten percent (10%) of the book value (determined in accordance with generally accepted accounting principles) of the total consolidated assets of the corporation, at the end of its most recent fiscal year ending prior to the time the determination is made.

Substantial Part means more than 30% of the fair market value of the total assets of the corporation as of the end of its most recent fiscal year ending prior to the time the determination is being made.

Substantial Part is defined in Section 10.3.

Substantial Part means more than 10% of the book value of the total assets of the person or entity in question, as of the end of its most recent fiscal year ending prior to the time of the determination.

Substantial Part means more than ten percent of the total assets of the corporation or a Subsidiary, as appropriate, as shown on the audited balance sheet of the corporation as of the end of the most recent fiscal year ended prior to the time the determination is being made.

Substantial Part means property and assets, the book value of which, when added to the book value of all other assets sold, leased or otherwise disposed of by the Borrower and its Subsidiaries (other than in the ordinary course of business), shall in any fiscal year exceed 15% of Consolidated Total Assets, in each case determined as of the end of the immediately preceding fiscal year; or

Substantial Part means an amount of assets having an aggregate fair market value of at least $500,000.