Significant Portion means, for purposes of the casualty provisions set forth in Article XI hereof, damage by fire or other casualty to the Real Property and the Improvements or a portion thereof, the cost of which to repair would exceed ten percent (10%) of the Purchase Price.
Significant Portion means, when acquired in one transaction or in a related or integrated series of transactions within any consecutive twelve-month period, ten percent or more of:
Significant Portion means, for purposes of the casualty provisions set forth in Article XI hereof, damage by fire or other casualty to the Real Property and the Improvements or a portion thereof, the cost of which to repair would exceed five percent (5%) of the Purchase Price in the aggregate.
Examples of Significant Portion in a sentence
Significant portion of the Fund’s investments are denominated in USD.
Significant portion of the Fund’s expenses are denominated in USD.
Significant portion of the pledged securities are listed equity securities in Hong Kong.
Significant portion of this payment represents salaries of key management personnel.
Significant portion of the Fund's investments are denominated in USD.
More Definitions of Significant Portion
Significant Portion means, for purposes of the casualty provisions set forth in Article XI hereof, damage by fire or other casualty to the Real Property and the Improvements or a portion thereof, the cost of which to repair would equal or exceed $250,000.00.
Significant Portion means damage by fire or other casualty (or loss of value due to condemnation or eminent domain proceedings) (a) requiring repair costs (or resulting in a loss of value) in excess of an amount equal to Five Hundred Thousand and No/100 Dollars ($500,000.00) as such repair costs or loss of value calculation is reasonably agreed upon by Purchaser and Seller in accordance with the terms of Section 9.2, or (b) whereby more than ten thousand (10,000) square feet of leasable space is substantially damaged in the Improvements or any portion thereof.
Significant Portion means damage by fire or other casualty to the Real Property and the Improvements or a portion thereof requiring repair costs in excess of $2,000,000.00 as such repair costs are reasonably estimated by Seller.
Significant Portion with respect to a Property means any taking by condemnation or destruction or damage by fire or other casualty in excess of 25% of the gross leaseable area of a Property or that deprives the affected Property of any major access to public roads or allows an anchor tenant to terminate its Lease.
Significant Portion means, for purposes of the casualty provisions set forth in Article XI hereof, damage by fire or other casualty to the Real Property and the Improvements or a portion thereof, the cost of which to repair would exceed Five Hundred Thousand Dollars ($500,000.00) in the aggregate.
Significant Portion means 25% of the assets or liabilities of PFC. The term "significant number" means 15% of the outstanding shares of Common Stock.
Significant Portion. : means A school district must use at least forty percent (40%) or more of the gross square footage of a public school facility on a regular basis to be using a “significant portion.” is used by the school district for public educational, academic, extracurricular, or administrative purposes on a regular basis.