Significant Assets definition

Significant Assets means one or more assets or businesses which, when purchased, optioned or otherwise acquired by the CPC, together with any other concurrent transactions, would result in the CPC meeting the initial listing requirements of the Exchange.

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Significant Assets means that the current replacement value of the major reserve components is seventy-five percent or more of the gross budget of the association, excluding the association's reserve account funds.

Significant Assets means that the current total cost of major maintenance, repair, and replacement of the reserve components is fifty percent or more of the gross budget of the association, excluding reserve account funds.

Examples of Significant Assets in a sentence

• Notwithstanding that a successor to Significant Assets becomes bound to this Agreement, the Company shall continue to be liable for the obligations hereunder as a guarantor.

• In any agreement providing for succession to Significant Assets, the Company shall cause each and every successor expressly and unconditionally to assume and agree to perform the Company's obligations under this Agreement.

• If funding is for the purchase of capital assets, it may be appropriate to require the Recipient to hold property insurance in respect of Significant Assets, against destruction, loss or damage for the fully replacement value, throughout the Term.

• Each of the Issuers and the Guarantors shall use, operate and maintain the Significant Assets in the same manner and with the same care as shall be the case with similar assets owned by such Issuer or Guarantor without discrimination.

• Parent will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, assume or suffer to exist any Lien of any kind on any property or asset that constitutes Significant Assets, except Permitted Liens.

More Definitions of Significant Assets

Significant Assets means that the current replacement

Significant Assets means that the current total cost of

Significant Assets has the meaning defined in the CPC Policy.

Significant Assets means oil and natural gas reserves with an aggregate fair market value of $25 million or more. “Restricted Area” means a one-mile radius of any oil and natural gas reserves held by Matador as of the end of Employee’s employment, plus any county or parish where Matador, together with its subsidiaries, has Significant Assets as of the end of Employee’s employment.

Significant Assets means that the current replacement value

Significant Assets means assets having a value of more than 25% of the total consolidated assets of the Corporation and its subsidiaries.

Significant Assets means (i) all or substantially all of the assets and/or business or outstanding voting securities, of the Company (ii) all or substantially all of Northwest's routes between the United States and Japan.