Major Asset definition

Major Asset means an Asset being used for the Funded Activities which is not a Fixed Asset but has a value as at the date of this funding Agreement of at least £10,000. Match Funding means any contribution to the Funded Activities from a Third Party to the Grant Recipient to meet the balance of the Eligible Expenditure not supported by the Grant; Maximum Sum means the maximum amount of the Grant the Authority will provide to the Grant Recipient for the Funded Activities subject to paragraph 26; Milestone means the milestones set out in Annex 3 of this Grant Funding Agreement;
Major Asset means an Asset being used for the Project which is not a Fixed Asset but has a value as at the date of this Funding Agreement (or date of acquisition if the acquisition is funded (in whole or in part) by this Grant) of at least £5,000.00 (five thousand pounds).
Major Asset. The Unencumbered Assets known as Beacon, French Market and Southdale, and such other Approved Assets as Borrower and all Lenders may agree to designate as a Major Asset from time to time.

Examples of Major Asset in a sentence

  • Upon application by the company, the company’s stock resumed trading on February 8, 2018, and was transferred to the major asset restructuring since the opening on February 14, 2018.On June 25, 2018, the company held the third interim meeting of the ninth board of directors which reviewed and approved the Proposal on Terminating the Planning for Major Asset Restructuring.

  • The cost, less residual value, of the tangible capital assets, excluding land and landfill sites, is amortized on a straight line basis over their estimated useful lives as follows: Major Asset Classification Component Breakdown Landfill sites are amortized using the units of production method based upon capacity used during the year.Assets under construction are not amortized until the asset is available for productive use.

  • TRANSACTIONS EXCEEDING R 1 000: • Accounting Treatment - Fixed Asset is Capitalised- Asset recorded in the Fixed Asset (Inventory) Lists.- Asset recorded in the Fixed Asset Register - Major Asset.

  • In accordance with Article 45 of the Administrative Measures for the Major Asset Restructuring of Listed Companies, the price of a listed company’s share issue shall not be lower than 90% of the market reference price.

  • Major Asset Classes include Equities, Fixed Income, Cash and Alternatives.


More Definitions of Major Asset

Major Asset means an Asset being used for the Funded Activities which is not a Fixed Asset but has a value as at the date of this funding Agreement of at least £300; Maximum Sum means the maximum amount of the Grant the Authority will provide to the Grant Recipient for the Funded Activities subject to paragraph 26; Northern Ireland Protocol means the Protocol on Ireland/Northern Ireland in the EU withdrawal agreement; Party means the Authority or Grant Recipient and Parties shall be each Party together;
Major Asset means a city asset for which one or more of the following apply:
Major Asset means any business unit of any Person, any pipeline system, any gas gathering system or any gas gathering or processing plant.
Major Asset means an Asset which is not a Fixed Asset but has a value as at the date of this Conditional Offer Letter (or date of acquisition if the acquisition is funded by this Grant) of at least £2,000.00 or £1,000 for IT equipment.
Major Asset means an Asset being used for the Activities which is not a Fixed Asset but has a value as at the date of the Agreement of at least £10,000; Maximum Sum means the maximum amount of the Grant to be provided by the Authority to the Recipient for the Activities; ONS means the Office for National Statistics;
Major Asset means an Asset being used for the Funded Activities which is not a Fixed Asset but has a value as at the date of this funding Agreement of at least £ 10,000. Match Funding means any contribution to the Funded Activities from a Third Party to the Grant Recipient to meet the balance of the Eligible Expenditure not supported by the Grant; Maximum Sum means the maximum amount of the Grant the Authority will provide to the Grant Recipient for the Funded Activities subject to paragraph 26; Northern Ireland Protocol means the Protocol on Ireland/Northern Ireland in the EU withdrawal agreement; Party means the Authority or Grant Recipient and Parties shall be each Party together;
Major Asset means an Asset being used for the Funded Activities which is not a Fixed Asset but has a value as at the date of this funding Agreement of at least £10,000; Match Funding means any contribution to the Funded Activities from a Third Party to the Grant Recipient to meet the balance of the Eligible Expenditure not supported by the Grant; Maximum Sum means the maximum amount of the Grant the Authority will provide to the Grant Recipient for the Funded Activities subject to paragraph 25; Party means the Authority or Grant Recipient and Parties shall be each Party together;