Substantial Amount definition

Substantial Amount means, at the time of determination thereof, an amount in excess of 30.0% of total consolidated assets (exclusive of depreciation) at such time of the Borrower and its Subsidiaries determined on a consolidated basis.

Substantial Amount means any securities of the Corporation having a then fair market value of more than $500,000.

Substantial Amount means, at the time of determination thereof, an amount in excess of ten percent (10%) of total consolidated assets (exclusive of depreciation) at such time of the Parent Guarantor and its Subsidiaries determined on a consolidated basis.

Examples of Substantial Amount in a sentence

• Each performs independent credit assessment, post-approval credit administration and other credit control functions to ensure that the credit process complies with credit policies and guidelines laid down by the management.

• Substantial Amount means any securities of the Corporation having a then fair market value of more than 5% of the Corporation's consolidated capital accounts as of the end of the then preceding fiscal year.

• The Underwriter shall promptly advise the City when the Underwriter has sold a Substantial Amount of each such Hold-The-Price Maturity to the Public at a price that is no higher than the applicable Initial Offering Price of such Hold-The-Price Maturity, if that occurs prior to the close of the fifth business day after the Sale Date.

• Significant components of the RSA include:• Support of Substantial Amount of PREPA Bonds.

• The Underwriter shall promptly advise the Issuer when the Participating Underwriters have sold a Substantial Amount of each such Hold-the-Price Maturity to the Public at a price that is not higher than the applicable Initial Offering Price of such Hold-the-Price Maturity, if that occurs prior to the close of the fifth business day after the Sale Date.

More Definitions of Substantial Amount

Substantial Amount means, at the time of determination thereof, an amount in excess of (a) thirty-five percent (35.0%) of total consolidated assets of the Parent and its Subsidiaries determined on a consolidated basis at such time plus (b) consolidated accumulated depreciation of the Parent and its Subsidiaries determined on a consolidated basis at such time.

Substantial Amount means, at the time of determination thereof, an amount equal to 25% of Gross Asset Value at such time.

Substantial Amount means, at the time of determination thereof, an amount in excess of 15.0% of Total Asset Value as of the last day of the most recently completed fiscal year of the Parent and its Subsidiaries.

Substantial Amount means ten percent (10%).

Substantial Amount means, at the time of determination thereof, an amount in excess of 10% of Gross Asset Value at such time.

Substantial Amount means the amount listed under the heading “Substantial Amount” in Schedule 1.2(g).

Substantial Amount means ten percent (10%).The undersigned understands that the foregoing information will be relied upon by the School District with respect to certain of the representations set forth in the Federal Tax Certificate and with respect to compliance with the federal income tax rules affecting the Bonds, and by Bond Counsel in connection with rendering its opinion that the interest on the Bonds is excluded from gross income for federal income tax purposes, the preparation of the Internal Revenue Service Form 8038-G, and any other federal income tax advice that it may give to the School District from time to time relating to the Bonds.