Material Property means all Real Property owned in fee in the United States by any Credit Party, in each case, with a fair market value of $7,425,000 (as determined by the Borrower in good faith) or more, as determined (i) with respect to any Real Property owned by any Credit Party on the Closing Date, as of the Closing Date, and (ii) with respect to any Real Property acquired by a Credit Party after the Closing Date, as of the date of such acquisition.
Material Property any fee owned real property with a Fair Market Value equal to or greater than $5,000,000.
Material Property has the meaning given to it in Section 8(pp);
Examples of Material Property in a sentence
It is to consider that sufficient material is measured to get a representative value.Under the menu "Calibration" and the window "Material Property Calibration" the calibration curves CAL1 to Cal15 which are stored in the SONO probe are loaded and displayed on the screen (takes max.
The material properties available for selection will appear in the Material Property Sets list.
The Material Property Data for the material “4000Psi-Deck” is shown in Figure 2.3-1 (Define menu > Materials > select 4000Psi-Deck > click Modify/Show Material button).
Within two working days of any accident, the contractor shall submit to the TOM the Accidental Injury/Death Report (OPNAV 5102/1) and/or the Material (Property) Damage Report (OPNAV 5102/2).
Material Property Test or Material Certification Data: The supplier shall provide the results of any material property test required by the engineering drawing, referenced specification or component specific criteria for each material lot.QC-010 Deliverable Data: Acceptance Test Procedures (ATP).
More Definitions of Material Property
Material Property means any property, whether personal or real, owned, leased or otherwise used by the Company or any of the Subsidiaries which is material to the operations of the Company and the Subsidiaries, taken as a whole.
Material Property means assets, including intellectual property, owned by the Issuer or its Subsidiaries that is material to the business, operations, assets, financial condition or prospects of the Issuer and its Subsidiaries, taken as a whole.
Material Property means all real property and tangible personal property, used primarily for manufacturing or warehousing and owned by a Loan Party or a Material Subsidiary, exclusive of the following: (i) any property financed through obligations issued by a state or possession of the United States, or any political subdivision or instrumentality of the foregoing, on which the interest is not, in the opinion of tax counsel of recognized standing or in accordance with a ruling issued by the IRS, includable in gross income of the holder by reason of Section 103(a) of the Code as in effect at the time of the issuance of such obligations; (ii) any real property held for development or sale; or (iii) any property the gross book value of which (including related land and improvements thereon and all machinery and equipment included therein without deduction of any depreciation reserves) is less than 10% of Consolidated Net Worth or which the board of directors of Xxxxxxx-Xxxxxx International determines is not material to the operation of the business of the Xxxxxxx-Xxxxxx International and its Subsidiaries taken as a whole.
Material Property any individual fee owned real property located in the United States with a Fair Market Value equal to or greater than $15,000,000 (such Fair Market Value to be determined (x) in the case of any real property owned on the Closing Date, as of the Closing Date, and (y) in the case of any real property acquired after the Closing Date, as of the date of acquisition thereof).
Material Property means any land, building, machinery or equipment, or leasehold interests and improvements in respect of the foregoing, owned, on the date of this Agreement or thereafter, by the Parent Borrower or a Restricted Subsidiary, which has a gross book value (without deduction for any depreciation reserves) at the date as of which the determination is being made of in excess of 1.0% of Consolidated Total Assets, other than any such land, building, machinery or equipment, or leasehold interests and improvements in respect of the foregoing which, in the opinion of the board of directors of the Parent Borrower (evidenced by a board resolution), is not of material importance to the business conducted by the Parent Borrower and its Restricted Subsidiaries taken as a whole.
Material Property means the Caspiche Project, as described in the Technical Report;
Material Property means any facility (together with the land on which it is erected and fixtures comprising a part thereof) used primarily for manufacturing, processing, research, warehousing or distribution, owned or leased by the Company or one of its subsidiaries and (i) having a net book value in excess of 3% of the Company’s consolidated net tangible assets, other than any such facility or portion thereof which is a pollution control facility financed by the state or local government obligations or is not of material importance to the total business conducted or assets owned by the Company and its subsidiaries taken as a whole or (ii) acquired with net proceeds from a sale or leaseback transaction and which is irrevocably designated in writing by the Company as a Material Property.