Material Asset definition
Material Asset means any asset which has a book value of RMB100,000 or more or has a material effect on the business operations of any Party.
Material Asset means any property, business or asset in each case that is of material value or that is material to the operation of the business of the Company and its Subsidiaries, taken as a whole. For the avoidance of doubt, Material Asset shall include Material Intellectual Property.
Material Asset means any asset owned by any Loan Party that is material to the operation of the business of Borrower and its Subsidiaries, taken as a whole, including any Material License.
Examples of Material Asset in a sentence
Notwithstanding the foregoing, neither the Borrower nor any Subsidiary of the Borrower shall transfer (or license on a non-exclusive basis) or otherwise dispose of (including by way of contribution as an Investment) any Material Asset to any Subsidiary that is not a Loan Party.
More Definitions of Material Asset
Material Asset means an asset or assets having a fair market value in excess of $25,000,000.
Material Asset means an asset contributing with more than five (5.00) per cent. of the total revenue of the Group on a consolidated basis according to the latest Financial Statements.
Material Asset means any intellectual property or other asset of the Borrower and its Subsidiaries that is included in the Collateral and is material to the business of the Borrower and its Subsidiaries (taken as a whole), as determined by the Borrower in good faith.
Material Asset means an asset or assets having a fair market value in excess of $50,000,000.
Material Asset means: an asset or several assets cumulatively, whose aggregate book value exceeds 55% of the total consolidated assets of the Company according to its last consolidated financial statements or its last consolidated financial results that were published.
Material Asset has the meaning specified in Section 4.7.
Material Asset means all Material Intellectual Property and any other asset owned by, or licensed to, the Parent or any of its Subsidiaries that is material to the business of Parent or any of its Subsidiaries, taken as a whole.