Significant Portion definition

Significant Portion means, for purposes of the casualty provisions set forth in Article XI hereof, damage by fire or other casualty to the Real Property and the Improvements or a portion thereof, the cost of which to repair would exceed ten percent (10%) of the Purchase Price.
Significant Portion means, for purposes of the casualty provisions set forth in Article XI hereof, damage by fire or other casualty to the Real Property and the Improvements or a portion thereof, the cost of which to repair would equal or exceed $250,000.00.
Significant Portion means, when acquired in one transaction or in a related or integrated series of transactions within any consecutive twelve-month period, ten percent or more of:

Examples of Significant Portion in a sentence

  • If, prior to the Closing Date, all or a Significant Portion of the Property is destroyed or damaged by fire or other casualty, Seller will notify Purchaser of such casualty.

  • If, prior to the Closing Date, all or a Significant Portion of the Real Property and Improvements is destroyed or damaged by fire or other casualty, Seller will notify Purchaser of such casualty.

  • Purchaser will have the option to terminate this Agreement upon notice to Seller given not later than fifteen (15) days after receipt of Seller's notice if all or a Significant Portion of the Real Property and Improvements are damaged or destroyed or if that portion so damaged or destroyed is uninsured.

  • Therefore, we find that the Gunnison’s prairie dog does not warrant listing throughout itsentire range, but that populations within the montane portion of its range are significant to the continued existence of the species and warrants listing in that portion only (see discussion under Significant Portion of the Range Analysis).

  • Federal Defendants deny any allegations inconsistent with the Final Policy for Significant Portion of Its Range’s plain language, meaning, and/or context.


More Definitions of Significant Portion

Significant Portion means, for purposes of the casualty provisions set forth in Article XI hereof, damage by fire or other casualty to the Real Property and the Improvements relating to a particular Project or a portion thereof, the cost of which to repair would exceed Five Hundred Thousand Dollars ($500,000) in the aggregate.
Significant Portion means damage by fire or other casualty (or loss of value due to condemnation or eminent domain proceedings) to the Property or a portion thereof requiring repair costs (or resulting in a loss of value) in excess of an amount equal to five percent (5%) of the Purchase Price, as such repair costs or loss of value calculation may reasonably be estimated and substantiated by Seller in accordance with the terms of Section 9.2.
Significant Portion with respect to a Property means any taking by condemnation or destruction or damage by fire or other casualty in excess of 25% of the gross leaseable area of a Property or that deprives the affected Property of any major access to public roads or allows an anchor tenant to terminate its Lease.
Significant Portion means damage by fire or other casualty to the Real Property and the Improvements or a portion thereof requiring repair costs in excess of $1,000,000 as such repair costs are reasonably estimated by Seller.
Significant Portion means 25% of the assets or liabilities of DFC. The term "significant number" means 20% of the outstanding shares of Common Stock.
Significant Portion. : means A school district must use at least forty percent (40%) or more of the gross square footage of a public school facility on a regular basis to be using a “significant portion.” is used by the school district for public educational, academic, extracurricular, or administrative purposes on a regular basis.
Significant Portion means, for purposes of the casualty provisions set forth in Article XI hereof, damage by fire or other casualty to the Real Property and the Improvements or a portion thereof, the cost of which to repair would exceed One Million Dollars ($1,000,000).