Substantial Capital definition
Substantial Capital means (pound)75,000; Expenditure"
Substantial Capital means (pound)75,000; ▇ommitments"
Examples of Substantial Capital in a sentence
Section 6.2 Allocations of Gain from Substantial Capital Transactions.
Partnership net profits and losses, other than gains from Substantial Capital Transactions, as defined in Section 6.2 of this Agreement, and losses from Depreciation of Aircraft, as defined in Section 6.3 of this Agreement, shall be allocated for each taxable year pro rata among the Partners in accordance with their respective Profit and Loss Percentages.