Substantial Asset definition

Substantial Asset means Real Property Assets of Borrower, ----------------- the REIT and any other Loan Party which, in the aggregate, constitutes more than 15% of the consolidated Net Operating Income of Borrower, the REIT and the other Loan Parties, derived from all Real Property Assets.
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Substantial Asset means any individual asset or group of related assets having an aggregate Fair Market Value in excess of U.S.$75 million (or its equivalent).
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Substantial Asset means Real Property Assets of Borrower,
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Examples of Substantial Asset in a sentence

  • The Company shall require each Transferee to provide the seniority integration rights specified in the preceding sentence in connection with a Substantial Asset Sale in a written document enforceable against the Transferee by the Association and/or the Transferring Pilots.

  • The Company and Wuhan Chenming were not related with Guangdong Huashen, the sale of equity interest did not constitute related party transactions, nor did it constitute a substantial asset restructuring provided by the Management Method for Substantial Asset Reorganisation of Listed Companies.

  • The suspension lasted till 15 January 2018 when the Company made the announcement of the Substantial Asset Disposal Report (Revised), and the trading was resumed in the morning session of 16 January 2018.

  • The basis of preparation will be disclosed in the relevant documents of the Substantial Asset Reorganisation Report and its summary and a separate notice of the Extraordinary General Meeting will be published.

  • Substantial Asset For the purposes of ASX Listing Rule 10.1, an asset is substantial if its value, or the value of the consideration for it is, or in ASX’s opinion is, 5% or more of the equity interests of the entity as set out in the latest accounts given to ASX under the ASX Listing Rules.

  • The Company will not, nor will it permit any of its subsidiaries to sell, transfer, lease or otherwise make any Substantial Asset Sale (as such term is defined in Section 1.06) for consideration other than cash while the Notes or any part thereof remain outstanding.

  • Accordingly, the Company seeks Shareholder approval for the Security Deed in accordance with Listing Rule 10.1. Substantial Asset Under ASX Listing Rule 10.2, an asset is “substantial” if its value, or the value of the consideration for it is, or in ASX’s opinion is, 5% or more of the equity interests of the company as set out in the latest accounts given to ASX under the ASX Listing Rules.

  • Dallas, TX 75202 Re: Application for Substantial Asset Change by Merchants Bank of California, NA, Carson, California OCC Control No.: 2017-HQ-5.53-299443 OCC Charter No.: 21371 Dear Messrs.

  • An asset is a Substantial Asset for the purposes of the ASX Listing Rules if its value is 5% or more of the equity interests of the entity as set out in the latest accounts given to ASX under the listing rules.

  • The Meta Companies knew or were willfully blind to the fact that their conduct would induce these third parties to act in a manner that infringes the ’682 Patent in violation of 35 U.S.C. § 271(a).


More Definitions of Substantial Asset

Substantial Asset means any assets, taken alone or with other assets disposed of in the same or a series of related transactions, with an aggregate value in excess of $75,000.00; provided, however, that in any event "Substantial Assets" shall include the stock of any Subsidiary of the Borrower or all or substantially all of the assets of any such Subsidiary."
Sample 1
Substantial Asset means, subject to subsection 12.01(c), Real Property Assets of the Company, the REIT and any Subsidiary Guarantor which, in the aggregate, either (i) number more than 7.5% of the total number of all Real Property Assets (ii) contribute more than 7.5% of the consolidated Net Operating Income of the Company, the REIT and the Subsidiary Guarantors derived from all Real Property Assets.
Sample 1

Related to Substantial Asset

  • 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 Assets means with respect to any Person all Material interests in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

  • Initial Assets is defined in Section 2.1 of the Sale and Servicing Agreement.]

  • Financial Asset The meaning specified in Section 8-102(a)(9) of the UCC.

  • Substantial Block means a number of shares of the Voting Stock which has 15% or more of the aggregate voting power of all outstanding shares of Voting Stock.

  • Substantial action means adopting, publicizing, and implementing a formal plan to cease scrutinized business operations within 1 year and to refrain from any new business operations.

  • Substantial Holder means a Person (including, without limitation, any group of Persons treated as a single “entity” within the meaning of the Treasury Regulation Section 1.382-3) holding Corporation Securities, whether as of the Effective Date, after giving effect to the Plan, or thereafter, representing a Percentage Stock Ownership (including indirect ownership, as determined under applicable Treasury Regulations) in the Corporation of at least 4.75%.

  • Substantial damage means damage of any origin sustained by a structure whereby the cost of restoring the structure to its before damaged condition would equal or exceed 50 percent of the market value of the structure before the damage occurred.

  • Substantial evidence means evidence that:

  • Additional Assets means (1) any property or other assets used or useful in a Similar Business, (2) the Capital Stock of a Person that becomes a Restricted Subsidiary of the Issuer as a result of the acquisition of such Capital Stock by the Issuer or another Restricted Subsidiary or (3) Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary of the Issuer; provided, however, that any Restricted Subsidiary described in clause (2) or (3) above is engaged in a Similar Business.

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Substantial alteration means an alteration that has a major impact on the architectural features, characteristics, appearance, or integrity of a structure or lot. The term does not include routine maintenance that is reasonably necessary to maintain a dealership facility in attractive condition and does not include any changes to items protected by federal intellectual property rights.

  • Restricted Asset has the meaning specified in Section 2.4(1).

  • Substantial Assistance means stand-by assistance by another person without which you would not be able to safely and completely perform the ADL.

  • financial assets means (i) cash, (ii) securities, or (iii) a contract of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation;

  • Subject Vehicle means the vehicle being tested.

  • Substantial U.S. Market Interest means “substantial U.S. market interest” as that term is defined in Regulation S;

  • Substantial Amount means, at the time of determination thereof, an amount in excess of 30.0% of total consolidated assets (exclusive of depreciation) at such time of the Borrower and its Subsidiaries determined on a consolidated basis.

  • Substantial improvement means any combination of repairs, reconstruction, rehabilitation, addition, or other improvement of a structure, taking place during any one-year period for which the cost equals or exceeds 50 percent of the market value of the structure before the “start of construction” of the improvement. This term includes structures which have incurred “substantial damage”, regardless of the actual repair work performed. The term does not, however, include either:

  • Digital asset means an electronic record in which an individual has a right or interest. The term does not include an underlying asset or liability unless the asset or liability is itself an electronic record.

  • Capital Asset means, with respect to the Borrower and its Subsidiaries, any asset that should, in accordance with GAAP, be classified and accounted for as a capital asset on a Consolidated balance sheet of the Borrower and its Subsidiaries.

  • Substantial interest means holding of a beneficial interest by an individual or his spouse or minor child, whether singly or taken together in the shares of a company, the amount paid up on which exceeds ten per cent of the paid up capital of the company; or the capital subscribed by all the partners of a partnership firm;

  • Substantial rehabilitation means, with respect to the SAIL Program, to bring a Development back to its original state with added improvements, where the value of such repairs or improvements (excluding the costs of acquiring or moving a structure) exceeds 40 percent of the appraised as is value (excluding land) of such Development before repair and less than 50 percent of the proposed construction work consists of new construction. For purposes of this definition, the value of the repairs or improvements means the Development Cost. To be considered “Substantial Rehabilitation,” there must be at least the foundations remaining from the previous structures, suitable to support the proposed construction.

  • Transfer Vehicle means any vehicle that operates in space and transfers Payloads or persons or both between two different space objects, between two different locations on the same space object, or between a space object and the surface of a celestial body. A Transfer Vehicle also includes a vehicle that departs from and returns to the same location on a space object.

  • Rebuilt vehicle means any salvage vehicle which has been rebuilt and inspected for the purpose of registration and title;

  • construction vehicle means a vehicle used as a means of conveyance for transporting persons or material, or persons and material, on and off the construction site for the purposes of performing construction work" construction work" means any work in connection with-