Substantial Disposal definition

Substantial Disposal means a sale or other disposal of the whole or a substantial part of the business or assets of the Contractor;
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Substantial Disposal means the disposal by 2020 EP on behalf of Datai Bay of not less than 80% of all the Block Trade Shares at or before the expiration of the Datai Bay Selling Period.
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Substantial Disposal means a sale or other disposal of the whole or a substantial part of the business or assets of the Supplier;
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Examples of Substantial Disposal in a sentence

  • Unless otherwise defined herein, the capitalized terms used in the section headed “Very Substantial Disposal in Relation to the Disposal of Assets of the Bank” shall have same meanings as those defined in the Announcement dated 3 April.

  • Summary of the Forensic Accountant’s findings The allegations states that the proceeds of Very Substantial Disposal should be RMB860 million but only RMB600 million was actually received, it is possibly doubted that it may involve potential fraudulent acts by the management.

  • Such unaudited combined financial information of the Disposal Assets has been reviewed by the reporting accountant in accordance with International Standard on Review Engagements 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" and with reference to Practice Note 750 "Review of Financial Information under the Hong Kong Listing Rules for a Very Substantial Disposal" issued by the Hong Kong Institute of Certified Public Accountants.

  • The Company’s reporting accountants, Ernst & Young, were engaged to review the financial information of the Seed Project 2 Group as set out on pages IIB-2 to IIB-7 in accordance with Hong Kong Standard on Review Engagements 2400 (Revised) Engagements to Review Historical Financial Statements and with reference to Practice Note 750 Review of Financial Information under the Hong Kong Listing Rules for a Very Substantial Disposal issued by the Hong Kong Institute of Certified Public Accountants.

  • Easyknit International Holdings Limited has agreed to continuously provide adequate funds for the Disposal Group to meet in full its financial obligations as they fall due for the foreseeable future for and up to the date of the completion of the Very Substantial Disposal, the directors of the Disposal Company are confident that the Disposal Group will be able to meet its financial obligations when they fall due in the foreseeable future and be able to operate on a going concern basis.

  • The Historical Financial Information set out on pages II-4 to II-32 forms an integral part of this report, which has been prepared for inclusion in the circular of Easyknit International Holdings Limited (“Easyknit”) dated 24 May 2018 (the “Circular”) in connection with Easyknit’s Very Substantial Disposal in Relation to Disposal of a Company Holding 75% Interests in a Property.

  • Details of the Disposal were included in the circular “Very Substantial Disposal, Connected Transaction and Special Deal in relation to the Disposal of Modern Age Investments Limited and Continuing Connected Transaction” dated 21 December 2007.

  • Nothing herein contained shall be construed to require the Board of Directors to so designate an area for outdoor cooking or barbecues.

  • For details of the Very Substantial Disposal, please refer to the announcements of the Company dated 8 August 2022 and 29 September 2022.

  • As Easyknit International Holdings Limited has agreed to continuously provide adequate funds for the Disposal Group to meet in full its financial obligations as they fall due for the foreseeable future for and up to the date of the completion of the Very Substantial Disposal, the directors of the Disposal Company are confident that the Disposal Group will be able to meet its financial obligations when they fall due in the foreseeable future and be able to operate on a going concern basis.


More Definitions of Substantial Disposal

Substantial Disposal means a disposal, hiring out or sale to one or more connected persons(a), during the period of 8 weeks beginning with the day on which the company enters administration, of what is, in the administrator’s opinion, all or a substantial part of the company’s business or assets.
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Related to Substantial Disposal

  • Material Disposition means any Disposition of property or series of related Dispositions of property that yields gross proceeds to the Borrower or any of its Subsidiaries in excess of $1,000,000.

  • Substantial disruption means without limitation that any one or more of the following occur as a result of the bullying:

  • Substantial Block means a number of shares of Voting Stock which have 10% or more of the aggregate voting power of all outstanding shares of Voting Stock.

  • Final disposition means the burial, interment, cremation, removal from the state, or other disposition of a dead body or fetus.

  • Substantial action means adopting, publicizing, and implementing a formal plan to cease scrutinized business operations within 1 year and to refrain from any new business operations.

  • Substantial Change means a change to the terms of this Agreement that reduces your rights or increases your responsibilities.

  • Involuntary Disposition means any loss of, damage to or destruction of, or any condemnation or other taking for public use of, any property of any Loan Party or any Subsidiary.

  • Related Entity Disposition means the sale, distribution or other disposition by the Company, a Parent or a Subsidiary of all or substantially all of the interests of the Company, a Parent or a Subsidiary in any Related Entity effected by a sale, merger or consolidation or other transaction involving that Related Entity or the sale of all or substantially all of the assets of that Related Entity, other than any Related Entity Disposition to the Company, a Parent or a Subsidiary.

  • Significant Asset Sale means each Asset Sale which generates Net Sale Proceeds of at least $10,000,000.

  • Permitted Disposal means any sale, lease, licence, transfer or other disposal:

  • Substantial damage means damage of any origin sustained by a structure whereby the cost of restoring the structure to its before damaged condition would equal or exceed 50 percent of the market value of the structure before the damage occurred.

  • Substantial evidence means evidence that:

  • Substantial compliance means a level of compliance with these rules where any deficiencies pose no greater risk to resident health or safety than the potential for causing minor harm.

  • Foreign Disposition has the meaning set forth in Section 2.05(b)(xi).

  • Collateral Disposition means (i) the sale, lease, transfer or other disposition of the Vessel by the Borrower to any Person (it being understood that a Permitted Chartering Arrangement is not a Collateral Disposition) or the sale of 100% of the Capital Stock of the Borrower or (ii) any Event of Loss of the Vessel.

  • Relevant Disposal means and includes any disposal by the Appointee;

  • REO Disposition The final sale by the Servicer of any REO Property.

  • Processes with Significant Environmental Aspects means the Equipment which, during regular operation or if not properly operated or maintained, may cause or are likely to cause an adverse effect.

  • Substantial rehabilitation means, with respect to the SAIL Program, to bring a Development back to its original state with added improvements, where the value of such repairs or improvements (excluding the costs of acquiring or moving a structure) exceeds 40 percent of the appraised as is value (excluding land) of such Development before repair and less than 50 percent of the proposed construction work consists of new construction. For purposes of this definition, the value of the repairs or improvements means the Development Cost. To be considered “Substantial Rehabilitation,” there must be at least the foundations remaining from the previous structures, suitable to support the proposed construction.

  • Permitted Disposition means any of the following:

  • Substantial emotional distress means significant mental suffering or anguish that may, but does not necessarily, require medical or other professional treatment or counseling.

  • Permitted Asset Disposition means (i) any Asset Disposition permitted by Section 8.5 and (ii) any Excluded Asset Disposition.

  • Significant Acquisition means the acquisition (in one or a series of related transactions) of all or substantially all of the assets or Equity Interests of a Person or any division, line of business or business unit of a Person for an aggregate consideration in excess of $450,000,000.

  • Material and substantial disruption of a normal school activity means:

  • from an Asset Disposition means cash payments received therefrom (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring Person of Indebtedness or other obligations relating to such properties or assets or received in any other noncash form), in each case net of:

  • Substantial improvement means any combination of repairs, reconstruction, rehabilitation, addition, or other improvement of a structure, taking place during any one-year period for which the cost equals or exceeds 50 percent of the market value of the structure before the “start of construction” of the improvement. This term includes structures which have incurred “substantial damage”, regardless of the actual repair work performed. The term does not, however, include either: