Asset Transfer Completion Date definition

Asset Transfer Completion Date means 31 December 2013 or such other date as may be agreed by the parties in writing;
Sample 1

Examples of Asset Transfer Completion Date in a sentence

  • If any registration of change of particulars and transfer procedures are required for any target assets, CISF shall cooperate with Suntien Electricity to continue to proceed with relevant procedures.With effect from the Asset Transfer Completion Date, the Target Project Assets and all rights, obligations and risks attached thereto shall be assumed and borne by Suntien Electricity.

  • CISF shall repay debts related to the Target Project Assets which are due on or before the Asset Transfer Completion Date, and shall make best endeavour to complete the debt assignment to Suntien Electricity by obtaining the written consents from relevant creditors in respect of debts not yet due before the Asset Transfer Completion Date.

  • If CISF receives any electricity tariff from grid companies that has incurred prior to the completion date or any government subsidies yet to be collected for electricity generation project relating to the Target Project Assets after the Asset Transfer Completion Date, CISF shall hand over such payments to Suntien Electricity in one lump sum within 30 days after receiving such payments.

  • Vesting of the increase and decrease amount in net asset during the transition period: The parties agreed that for the period from the base date (being30 June 2019) up to the Asset Transfer Completion Date, the increase or decrease in net asset of the Target Project Assets shall be assumed or borne by CISF, the specific amount of which shall be determined based on the audit report issued by auditors with the Asset Transfer Completion Date as the base date.

  • With effect from the Asset Transfer Completion Date, all relevant contracts of the Hengshui Project and the Cangzhou Project (including but not limited to sale and purchase of electricity contracts, on-grid connection arrangement agreements, etc.) shall no longer be executed in the name of CISF, and CISF shall be obligated to cooperate with Suntien Electricity to complete the procedures for the change of contract party.

  • The parties agreed that the Vendors will compensate thePurchaser on the depreciation of value of the Berth Assets (excluding the land use rights of Land Parcel A and the land use rights of Land Parcel B) from 31 May 2007 to the Asset Transfer Completion Date by deducting such amount from the Total Consideration payable by the Purchaser.

  • Completion Subject to fulfilment of the conditions precedent set out in the Acquisition Agreement (including obtaining of internal, lenders’ and regulatory approvals where necessary), completion of the transfer of the Berth Assets is to take place on the Asset Transfer Completion Date.

  • All Parties agree that, the completion date of the transfer of the Restructuring Assets mentioned herein shall be the latest one of the Contract Assignment Completion Date, the IP Assignment Completion Date, the Personnel Transfer Completion Date and the Tangible Asset Transfer Completion Date, all prescribed in Article 3 hereof, or another date otherwise determined by both Parties through negotiation (“Asset Restructuring Completion Date”).

Related to Asset Transfer Completion Date

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Final Completion Date means the date on which Final Completion occurs.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • COMPLETION TIME means the period by date specified in the acceptance of tender for handing over the erected equipment/plant which are found acceptable by the Engineer being of required standard and conforming to the specifications of the contract.

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Acquisition Period means any period commencing on the date that a Material Acquisition is consummated through and including the last day of the second full fiscal quarter following the date on which such acquisition is consummated; provided that there shall be at least one full fiscal quarter between any two Acquisition Periods.

  • Service Transfer Date means the date of a Service Transfer;

  • Allowance transfer deadline means midnight of January 30 or, if January 30 is not a business day, midnight of the first business day thereafter and is the deadline by which allowances may be submitted for recordation in an affected unit’s compliance subaccount for the purposes of meeting the unit’s acid rain emissions limitation requirements for sulfur dioxide for the previous calendar year.

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Commencement Date or Handover Date means the date on which the Licensed Space of first lot of stations as per Annexure 1 is handed over by DMRC to the Selected Bidder, in accordance with the terms of this agreement.

  • Subsequent Transfer Date With respect to each Subsequent Transfer Instrument, the date on which the related Subsequent Mortgage Loans are sold to the Trust Fund.

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Initial Transfer Date means the Series Issuance Date for the first Series of Transition Bonds.

  • Scheduled Project Completion Date shall have the meaning specified in Section 6.3 (c);

  • Completion Deadline means August 15, 2018, or such later date as may be agreed to in writing by the Parties;

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.