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.

What does all or substantially all mean?

All or substantially all means any conveyance, transfer, lease or sale of property or assets representing more than 75% of the Company's total assets or revenues, determined on a consolidated basis as of the date of the last audit after giving pro forma effect to the conveyance, transfer, lease or sale. Sample 2.

What does substantially all mean in accounting?

"substantially-all" requirement has come to mean that all of the. operating assets of the target corporation must be moved into the. acquiring corporation.