substantially the whole of the undertaking definition

substantially the whole of the undertaking in any financial year means 20% or more of the value of the undertaking as per the audited balance sheet of the preceding financial year.
substantially the whole of the undertaking in any financial year shall mean twenty per cent. or more of the value of the undertaking as per the audited balance sheet for the preceding financial year.
substantially the whole of the undertaking means 20% or more of the value of

More Definitions of substantially the whole of the undertaking

substantially the whole of the undertaking means 20% or more of the value of undertaking.

Related to substantially the whole of the undertaking

  • Undertaking means any natural or legal person, whether profit-making or not, or any official body whether having its own legal personality or not;

  • Business Combination Agreement shall have the meaning given in the Recitals hereto.

  • Substantial and Compelling Reason in the Public Interest means a reason that is justified by an important, specific, and articulated public interest goal that is within ICANN's mission and consistent with a balanced application of ICANN's core values as defined in ICANN's Bylaws.

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or any Subsidiary thereof in connection with the Permitted Receivables Facility which are reasonably customary in an accounts receivable financing transaction.