Acquired System definition

Acquired System means transmission and distribution facilities acquired by the Company as a result of its merger with Cap Rock Energy Corporation; provided, however, that the term “Acquired System” shall not include any FERC Assets.

Acquired System means any other Wastewater system or facility, including any distribution, general or transmission facility, acquired by the Authority pursuant to State law.

Acquired System has the meaning set forth in SECTION 6.19.

Examples of Acquired System in a sentence

• Acquirer agrees that if Acquirer sells, transfers or otherwise disposes of an interest in or all or any part of the Acquired System during the term of the GGA, Acquirer shall execute (and shall cause the Person acquiring such interest or part to execute) an acknowledgment substantially in the same form and content as this Acknowledgment and otherwise acceptable to Producers, acting reasonably.

• None of the System, the Acquired System, the FERC Assets nor any of the other assets of the Company, a Member, New Owner and New Operator has suffered any Force Majeure Event that is continuing.

• The Company has good and sufficient title to the System and the Acquired System, New Owner has good and sufficient title to the FERC Assets and the Company, Sharyland, New Owner and New Operator have good and sufficient title to their properties that individually or in the aggregate are material to them, free and clear of Liens (other than Permitted Liens).

• The Company shall, and shall cause Sharyland, New Owner and New Operator, as applicable, to operate and maintain the System, including the Acquired System, and the FERC Assets in accordance with, and make all repairs, alterations, additions and replacements which are necessary for the System, including the Acquired System, and the FERC Assets to meet, all Requirements of Law, including all Required Permits, all requirements of the Transaction Documents and Good Utility Practices.

• Section 9-210.5 states that three appraisers selected by the Commission’s Executive Director or his designee shall perform three independent appraisals of the Acquired System.

More Definitions of Acquired System

Acquired System means any electrical power generation, transmission and/or distribution system acquired by the Authority and/or any such facilities hereafter constructed or otherwise established by the Authority pursuant to the Act.

Acquired System means any water procurement, treatment, storage or distribution system or sewage collection, transmission or treatment system, or any combination thereof, acquired by the District pursuant to State of Tennessee law.

Acquired System shall have the meaning assigned to such term in Section 8.05(b) hereof.

Acquired System means any water and/or wastewater systems acquired by the Authority and/or any such facilities hereafter constructed or otherwise established by the Authority pursuant to the Act.

Acquired System means the complete water storage, collection, treatment, transmission and distribution system of the District, together with, and including all properties of every nature hereafter owned by the District, including all improvements and extensions made by the District pursuant to the Act and/or any waterworks treatment and/or transmission facilities hereafter constructed , acquired or otherwise established by the District pursuant to the Act.

Acquired System means any gas storage, collection, manufacturing, transmission or distribution system or any combination thereof hereafter acquired by the District pursuant to State law;

Acquired System means any other water or sewer system or facility, including any distribution, collection, treatment or general or transmission facility, acquired by the Authority pursuant to State law.