Insignificant definition

Insignificant or “Insignificance” shall mean, with respect to a particular Act, that open toleration of the Act in question would be consistent with the Community of Trust.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Insignificant or “Insignificance” shall mean, with respect to a particular Act, that open toleration of the Act in

Insignificant means an effect that may exhibit one or more of the following characteristics:

Examples of Insignificant in a sentence

• All of Parent’s Subsidiaries (except Insignificant Subsidiaries) are duly organized, validly existing and in good standing, where applicable, under the laws of their respective jurisdictions of organization, and have all organizational powers and all Material governmental licenses, authorizations, consents and approvals required to carry on their respective businesses as now conducted.

• Except such Domestic Subsidiaries that are Guarantors, as of the Closing Date, there are no Domestic Subsidiaries of the Company that are not either (i) Insignificant Subsidiaries or (ii) Excluded Persons.

• Insignificant amounts of hours worked is defined as any time worked outside the regular schedule that is less than 15 minutes in a day, unless the definition is changed in the Federal Regulations or by court action.

• Each Loan Party (other than an Insignificant Subsidiary) is, and, after giving effect to the initial Loans and any other Loans made hereunder and the initial Letters of Credit and any other Letters of Credit to be issued hereunder and all related transactions, will be, Solvent.

• Each of the Insignificant Domestic Subsidiaries conducts (and shall conduct) no operations and has (and shall have) no assets and no liabilities, in each case, individually or in the aggregate, with a fair market value in excess of $500,000.

More Definitions of Insignificant

Insignificant means lacking significance, meaningless, devoid of weight or force, ineffective, ineffectual, of no importance, trivial, trifling, or contemptible; and

Insignificant means a categorization of a Vulnerability the exploitation of which, taking into account the individual Products attributes and/or the respective operating environment, is not reasonably expected and/or would not result in a foreseeable impairment of the Products’ secure operation or provide access to personal information. “IT Security” means safeguarding the uninterrupted operation of the Products against interference caused by exploited Vulnerabilities, as well as the availability, confidentiality and integrity of data and information created, stored, and/or transmitted by the Products. “Patch(es)” means a Products and/or operating system (OS) update that addresses security vulnerabilities within the Products. “Vulnerability” means a weakness in the Products that could be exploited by a Cyberthreat and are assigned a significance level in accordance with FDA Post-Market Guidance for Cybersecurity of Medical Devices.

Insignificant as used here, means not enough voters to change the out- come of an election.

Insignificant in the Bayesian paradigm means that the so-called 95% highest-posterior-density-interval (HPDI) does not include zero. We use the term for brevity as there is no such thing as “statistical significance” in the Bayesian paradigm. Moreover, “significant” in the Bayesian paradigm means that the 95% HPDI oes not include zero.

Insignificant means any taking that is not "significant", as hereinafter defined) of the Property is taken by eminent domain or condemnation, at the Closing Contributor Parent shall assign and turn over, and Limited Partner shall be entitled to receive and keep, all awards or other proceeds for such taking by eminent domain or condemnation. A "significant" portion of a Property shall be deemed to have been taken or condemned if the taking or condemnation either (a) materially and adversely affects access between the Property and a public street, (b) takes or condemns any material portion of the building located on the applicable Property, (c) materially and adversely affects the availability of parking at the applicable Property, or (d) gives any tenant that represents more than 10% of the rental income for the applicable Property the right to terminate its Space Lease. Notwithstanding anything contained in Articles 14 and 15 to the contrary, if the insurance, eminent domain or condemnation proceeds payable with respect to the Properties as a result of any casualty or taking exceeds the Purchase Price allocable to such Property, Contributor Parent's obligation to pay over to Limited Partner those proceeds paid to Contributor Parent prior to the Closing shall be limited to the amount of the Purchase Price allocable to such Property and Contributor Parent shall be entitled to retain the remainder of such proceeds. To the extent that payment of all or any portion of such proceeds does not occur prior to the Closing, the parties agree that Contributor Parent shall be entitled to that portion of the proceeds in excess of the Purchase Price, which agreement shall survive the Closing.

Insignificant means a margin of dumping that is less than 2 per cent of the export price of the goods; and

Insignificant means a categorisation of a Vulnerability the exploitation of which, taking into account the individual Product attributes and/or the respective operating environment, is not reasonably expected and/or would not result in a foreseeable impairment of the secure operation of the Product;