Substantial Disposal definition

Substantial Disposal means a sale or other disposal of the whole or a substantial part of the business or assets of the Contractor;
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Substantial Disposal means the disposal by 2020 EP on behalf of Datai Bay of not less than 80% of all the Block Trade Shares at or before the expiration of the Datai Bay Selling Period.
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Substantial Disposal means a disposal, hiring out or sale to one or more connected persons(a), during the period of 8 weeks beginning with the day on which the company enters administration, of what is, in the administrator’s opinion, all or a substantial part of the company’s business or assets.
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Examples of Substantial Disposal in a sentence

  • Rules 14.38A to 14.57, Listing Rules: Additional Requirements for Major Transaction, Very Substantial Disposal, Very Substantial Acquisition, Reverse Takeover For a major transaction, very substantial disposal and very substantial acquisition, the shareholders’ approval is required, while the approvals from both the shareholders and the Hong Kong Stock Exchange are required for reverse takeover.

  • If the Possible Very Substantial Disposal proceeds at such valuation price, the Company expects to recognize a loss on disposal of approximately HK$118,400,000 (being the difference of the market value upon redevelopment over the book value).

  • Completion of the DisposalCompletion of the Disposal is subject to the Creditors’ Scheme becoming effective.Details of the conditions to the completion of the Disposal is set out under the section headed “Proposed Group Restructuring And Deemed Very Substantial Disposal Relating To The Disposal” in this circular.

  • III-1 Appendix IV — Unaudited Pro Forma Financial Information ofthe Group after completion of the Very SubstantialAcquisition and Very Substantial Disposal ..

  • PPW places sustainability at the “heart of [the] decision making process” and encourages it to be embraced as the “central organising principle”.

  • Scope of Review We conducted our review in accordance with Hong Kong Standard on Review Engagements 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity issued by HKICPA and with reference to Practice Note 750, Review of Financial Information under the Hong Kong Listing Rules for a Very Substantial Disposal issued by HKICPA.

  • The Possible Very Substantial Disposal if it proceeds will constitute a very substantial disposal for the Company under Chapter 14 of the Listing Rules.FAILURE TO OBTAIN SHAREHOLDERS’ APPROVAL In the event the Mandate for Possible Very Substantial Disposal is not approved by the Shareholders, the Company will either seek a stay of proceedings or withdraw its application for an order for sale.

  • Major Events Very Substantial Disposal The Company made an announcement on 31 December 2015 and made a further announcement on 25 February 2016 that the Group failed to fulfil certain requirements under a syndicated loan of USD300 million due to various lenders (the “Syndicated Loan”) as of 31 December 2015.

  • No adjustment is needed upon the completion of the Very Substantial Acquisition, Very Substantial Disposal and the Subscription.

  • Scope of Review We conducted our review in accordance with Hong Kong Standard on Review Engagements 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, and with reference to Practice Note 750, Review of Financial Information under the Hong Kong Listing Rules for a Very Substantial Disposal, issued by the HKICPA.


More Definitions of Substantial Disposal

Substantial Disposal means a sale or other disposal of the whole or a substantial part of the business or assets of the Supplier;
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Related to Substantial Disposal

  • Material Disposition means any Disposition of property or series of related Dispositions of property that yields gross proceeds to the Borrower or any of its Subsidiaries in excess of $1,000,000.

  • Substantial disruption means without limitation that any one or more of the following occur as a result of the bullying:

  • Final disposition means the burial, interment, cremation, removal from the state, or other disposition of a dead body or fetus.

  • 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 Change means a change to the terms of this Agreement that reduces your rights or increases your responsibilities.

  • Involuntary Disposition means any loss of, damage to or destruction of, or any condemnation or other taking for public use of, any property of any Loan Party or any Subsidiary.

  • Significant Asset Sale means the sale, transfer, lease or other disposition by Holdings or any Subsidiary to any person other than the Borrower or a Subsidiary Guarantor of all or substantially all of the assets of, or a majority of the Equity Interests in, a person, or a division or line of business or other business unit of a person.

  • Permitted Disposal means any sale, lease, licence, transfer or other disposal which, except in the case of Disposals as between members of the Group, is on arm’s length terms:

  • 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.

  • Disposal means a sale, lease, licence, transfer, loan or other disposal by a person of any asset, undertaking or business (whether by a voluntary or involuntary single transaction or series of transactions).

  • Substantial evidence means evidence that:

  • Substantial compliance means a level of compliance with these rules where any deficiencies pose no greater risk to resident health or safety than the potential for causing minor harm.

  • Foreign Disposition has the meaning set forth in Section 2.05(b)(xi).

  • Relevant Disposal means and includes any disposal by the Appointee;

  • 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.

  • Permitted Disposition means any of the following:

  • Substantial emotional distress means significant mental suffering or anguish that may, but does not necessarily, require medical or other professional treatment or counseling.

  • Permitted Asset Disposition means (i) any Asset Disposition permitted by Section 8.5 and (ii) any Excluded Asset Disposition.

  • Significant Acquisition means the acquisition (in one or a series of related transactions) of all or substantially all of the assets or Equity Interests of a Person or any division, line of business or business unit of a Person for an aggregate consideration in excess of $750,000,000.

  • Involuntary Displacement means the involuntary acquisition of land resulting indirect or indirect economic and social impacts caused by: Loss of benefits from use of such land; relocation or loss of shelter; loss of assets or access to assets; or loss of income sources or means of livelihood, whether or not the Displaced Persons has moved to another location; or not.