Substantially all definition

Substantially all means a sale, lease, exchange or other transfer involving seventy percent (70%) or more of the fair market value of the assets of such entity; or
Substantially all means application to at least two-thirds (2/3) of all medical or surgical benefits in a classification; and
Substantially all when used in relation to assets, means assets of the relevant entity or entities having a market value of at least 75% of the market value of all of the assets of such entity or entities at the date of the relevant transactions.

Examples of Substantially all in a sentence

  • Substantially all of the District’s cash is invested in interest bearing accounts.

  • Substantially all of the assets and properties owned by, leased to or used by the Borrower and/or each such Subsidiary of the Borrower are in adequate operating condition and repair, ordinary wear and tear excepted.

  • Substantially all functions of the School have been contracted to WHLS.

  • Substantially all of the District’s employees may become eligible for these benefits if they reach normal retirement age while working for the District.

  • Substantially all of the efforts of the Company are devoted to these business activities.


More Definitions of Substantially all

Substantially all in this context means that all drugs and unique dosage forms in these categories are expected to be included in sponsor formularies, with the following exceptions:
Substantially all means assets having a fair market value, whether or not realized in the transaction, that is 50% or more of the aggregate fair market value of all assets of such entity); or in the case of a Subsidiary the sale, transfer or other disposition (other than to a direct or indirect wholly owned subsidiary of M&LP) of securities that immediately prior to such transaction constituted 50% or more of such Subsidiary's outstanding voting securities.
Substantially all the Company’s New York City Metropolitan Area cable television systems shall mean ownership, after consummation of such transaction (or series of related transactions), of an aggregate of at least eighty percent (80%) of the basic subscribers of all the cable television systems owned by the Company and its consolidated subsidiaries in the New York City Metropolitan Area prior to such transaction (or series of related transactions).
Substantially all means acquisition of 90 percent or more of all of the predecessor's assets.
Substantially all means a part of the whole which accounts for eighty per cent. (80%) or more; “Talon” means a talon for further Coupons;
Substantially all means at least 60% of the assets of the Company immediately before such acquisition(s).
Substantially all means 80% or more. If however, the NFEs holding or group finance activities constitute less than 80% of its activities but the NFE receives also active income (i.e. income that is not passive income) otherwise, it qualifies for the Active NFE status, provided that the total sum of activities meets the “substantially all test”.