Definition of Material. For purposes of this Section 3, material shall mean anything having a value or effect of more than $50,000.
Definition of Material. For purposes of this Section 12, “material” shall mean, as to a given Building or parcel of vacant Land, as the case may be, (a) having a cost to repair or replace that exceeds twelve and one-half percent (12.5%) of the portion of the Purchase Price allocated to such Building and the Land upon which it is located, or such parcel of vacant Land, as the case may be, and upon which allocation Seller and Buyer mutually agree, or (b) having incurred such Damage or Condemnation as shall preclude such Building’s or vacant Land parcel’s being restored to a condition (i) that would be, when restored, substantially comparable to the condition that existed on the Effective Date and (ii) that would comply, when restored, with all applicable laws and regulations, or (c) having incurred such Damage or Condemnation as gives rise to the rights of any Tenants to terminate their respective Leases.
Definition of Material. For purposes of this Paragraph 16, damage to the Property, or a taking of a portion thereof, shall be deemed to be material or involve a material portion thereof if (i) the estimated cost of restoration or repair, as estimated by Buyer in Buyer's reasonable discretion, or by the Independent Contractor in the event Seller disputes Buyer's estimate, of such damage or the amount of the condemnation award with respect to such taking shall exceed one percent (1%) of the Purchase Price, (ii) access to the Property is prevented or otherwise impeded for in excess of sixty (60) days by the casualty or taking, (iii) occupancy in excess of Ten Thousand (10,000) square feet of space in the Property is prevented for in excess of sixty (60) days due to such casualty or taking, or (iv) all or any portion of the parking areas of the Property are taken.
Definition of Material. Except to the extent that different criteria are specified with respect to a specific paragraph of this Agreement, an event, occurrence or circumstance will be deemed to be "material" with respect to a party if such event, occurrence or circumstance causes or is reasonably likely to cause damage, loss or expense to such party in excess of $5,000.00.
Definition of Material. For purposes of this Article, “Material” shall be deemed to include Material delivered to a Party, any cylinders or storage or transportation equipment provided by either Party in connection with such a delivery, nuclear fuel or other products fabricated from, or containing, the Material delivered to Customer, and the services provided by USEC in connection with Material delivered hereunder.
Definition of Material. For the purposes of Section 11.1 and 11.2, “Material” refers to the following: (a) loss or damage to the Property hereof such that the cost of repairing or restoring the Property in question to substantially the same condition which existed prior to the event of damage would be, in the opinion of an architect or a qualified licensed contractor mutually agreed to by Seller and Purchaser, equal to or greater than Five Hundred Thousand Dollars and 00/100 ($500,000.00); and (b) any loss due to a Condemnation which permanently and materially impairs the current use of the Property. ARTICLE XII
Definition of Material. Unless otherwise provided in this Agreement, material means an amount involving at least £25,000 to the extent any damages can be quantifiable. [Signature page follows]
Definition of Material. For the purposes of Section 11.1 and 11.2, “Material” refers to the following: (a) loss or damage to the Real Property hereof such that the cost of repairing or restoring the Real Property in question to substantially the same condition which existed prior to the event of damage would be, in the opinion of an architect or a qualified licensed contractor mutually agreed to by Seller and Purchaser, equal to or greater than ten percent (10%) of the Purchase Price on an aggregate basis or twenty percent (20%) of the portion of the Purchase Price allocated to the affected Site as shown on Schedule 3.4; and (b) any loss due to a Condemnation which permanently and materially impairs the current use of the Real Property.
Definition of Material. With reference to the representations, warranties and covenants of Sellers contained in this Agreement, such representations, warranties and covenants shall be strictly satisfied and complied with. Accordingly, when used with reference to Sellers "material" and "materially" shall be understood to mean a breach of any representation, warranty or covenant contained in this Agreement which, separately or in the 41 aggregate with any other such breach, does or could result in a cost, loss, detriment or obligation in excess of $325,000. Provided, however, with reference to the representations, warranties and covenants of Buyers contained in this Agreement, "material" and materially" shall have the meaning normally accorded such terms considering the relative importance of such representation, warranty or covenant in the context of a business of the type and size of Buyers. Any reduction in the book value of Company or Trustmark which may result by virtue of the adoption of SFAS No. 115 "Accounting for Certain Investments in Debt and Equity Securities" shall not constitute a material adverse change in the condition, financial or otherwise, of Company or Trustmark.
Definition of Material. For purposes of this Agreement, the capitalized ---------------------- term "Material" will mean, having an economic consequence or effect, or involving an amount in excess of, twenty-five thousand dollars ($25,000).
