Material Jurisdiction means any jurisdiction in which, on any date of determination, Holdings and its Subsidiaries have (a) aggregate revenues for the most recent period of four consecutive fiscal quarters ending prior to such date in excess of $5,000,000 or (b) assets with an aggregate value on such date in excess of 5.0% of the total assets of Holdings and its Subsidiaries.

Material Jurisdiction means each jurisdiction where the Obsidian Parties, in aggregate and at any time from to time to time, own or operate assets, property and undertaking with aggregate associated undiscounted and uniflated abandonment and reclamation liabilities (expressed in nominal dollars) exceeding Cdn.$15,000,000, which as of the date of the Original Note Agreement is the Province of Alberta.

Material Jurisdiction means each of the Non-U.S. Material Jurisdictions and the United States.

Examples of Material Jurisdiction in a sentence

No AIA Entity is subject to any material Order in a Material Jurisdiction and, to the knowledge of Parent, in any jurisdiction (other than a Material Jurisdiction).
No ALICO Entity is subject to any material Order in a Material Jurisdiction and, to the knowledge of Seller, in any jurisdiction (other than a Material Jurisdiction).
These individuals are given the right to be heard on the facts imputed to Material Jurisdiction 1.
There is no Legal Proceeding pending or, to the knowledge of Seller, threatened in writing against any ALICO Entity or to which any of their respective assets are subject which would reasonably be expected to result in Losses in excess of $10 million or any permanent injunction or other form of equitable relief which would have a material adverse effect on any material business operations of any ALICO Entity in any Material Jurisdiction.
No Law shall be in effect prohibiting the consummation of the Transactions in any Material Jurisdiction.

More Definitions of Material Jurisdiction

Material Jurisdiction means any of France, Japan, Poland, the United Kingdom and the State of Delaware.

Material Jurisdiction means Canada, the United States, the Federal Republic of Germany and the People’s Republic of China, including any local or regional jurisdictions contained therein.

Material Jurisdiction means a jurisdiction in which such Borrower or Material Insurance Subsidiary generates 10% or more of its total premiums.

Material Jurisdiction means each of Australia, Canada, France, the Netherlands, Belgium, Luxembourg, Hong Kong and the United Kingdom.

Material Jurisdiction means any xx Xxxxx, Xxxx Xxxx, Xxxxx, Xxxxxxxx, the Philippines, Singapore or Thailand.

Material Jurisdiction means a jurisdiction in which the Subsidiaries of Holdings organized therein have assets with an aggregate value in excess of $5,000,000 as of the last day of the Fiscal Quarter most recently ended for which financial statements have been (or were required to be) delivered pursuant to Section 7.01(a)(ii) or 7.01(a)(iii).

Material Jurisdiction means (a) on the Closing Date, the United States, England and Wales, Scotland, Germany, Spain and the Netherlands (each, a “Closing Date Material Jurisdiction”) and (b) at any time after the Closing Date, the Closing Date Material Jurisdictions and any other jurisdiction where any Restricted Subsidiary organized under the laws of such jurisdiction, taken together with all other Restricted Subsidiaries organized under the laws of such jurisdiction as of the last day of the fiscal quarter of the Parent most recently ended for which financial statements have been (or were required to be) delivered pursuant to Sections 7.01(a) or 7.01(b), have assets with a value in excess of 7.5% of Consolidated Total Assets or contribute in excess of 7.5% of Consolidated EBITDA of the Parent and its Restricted Subsidiaries, in each case as of such date for the Test Period most recently ended (each, a “Post-Closing Material Jurisdiction”); provided that in no event shall The People’s Republic of China, South Korea, Japan, Singapore, Malaysia or Taiwan be deemed to be a “Material Jurisdiction” (each, an “Excluded Jurisdiction”).”