Capital Investment Assets definition

Capital Investment Assets the assets of a capital nature procured by the Private Party for the purpose of the conduct of the Business and includes the equipment, furnishings, fixtures and improvements relating thereto; 2.1.14 “Change in Control” - any change whatsoever in Control of the Private Party, whether effected directly or indirectly; 2.1.15 “Companies Act” - the Companies Act, No. 71 of 2008, as amended from time to time; 2.1.16 “Confidential Information" - any information or know-how in whatever form relating to the business affairs, trade secrets, products, operating, or marketing techniques, methods or processes, suppliers, customers or finances of either of the Parties; 2.1.17 “Consents” - all consents, permits, clearances authorisations, approvals, rulings, exemptions, registrations, filings, decisions, licences, certificates required to be issued by or made with any Responsible Authority in connection with the attainment of any of the Project Deliverables; 2.1.18 “Constitutional Documents” - the Private Party's memorandum of incorporation and certificate to commence business, as well as the Private Party’s shareholders’ agreement, equity subscription agreements and/or equity guarantees entered into and provided in respect of the Private Party and any documents or agreements in respect of any debentures issued by the Private Party, all of which are attached to this PPP Agreement as Schedule 9 and the terms of which shall be to the satisfaction of SANParks; 2.1.19 “Consumer Protection Act” - the Consumer Protection Act, No. 68 of 2008, as amended from time to time; 2.1.20 “Control” - in relation to any entity, the ability, directly or indirectly to: (i) direct or cause the direction of the votes attaching to the majority of its issued shares or interests carrying voting rights; or (ii) appoint or remove or cause the appointment or removal of any directors (or equivalent officials) or those of its directors (or equivalent officials) holding the majority of the voting rights on its board of directors (or equivalent body); 2.1.21 “Corrupt Act” - shall have the meaning ascribed to it in Clause 29; 2.1.22 “CPI” - the average rate of change (expressed as a percentage) in the Consumer Price Index for all urban areas as published in the Government Gazette by Statistics South Africa, or such other index reflecting the official rate of inflation in South Africa as may replace it, which change shall be determined by comparing the most recently published index with the index publis...
Sample 1Sample 2
Capital Investment Assets the assets provided by the Private Party as part of its obligations in terms of the PPP Agreement and includes the equipment, furnishings, fixtures and improvements set out in Schedule 13 to the agreement;
Sample 1Sample 2Sample 3
Capital Investment Assets the assets provided by the Private Party as part of its obligations in terms of the PPP Agreement and includes the equipment, furnishings, fixtures and improvements set out in Schedule 13 to the agreement; 2.1.9 “Change in Control” - any change whatsoever in Control, whether effected directly or indirectly; 2.1.10
Sample 1Sample 2Sample 3

Examples of Capital Investment Assets in a sentence

  • On termination of this PPP Agreement in accordance with this Clause 26, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Sale Assets and Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination but also pay the Private Party the depreciated value for any capital investments made.

  • On termination of this PPP Agreement in accordance with this Clause 26, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Sale Assets and Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination but also pay the Private Party the depreciated value for any capital investments made as well as the residual value of the staff houses that was built by the Private Party after the operation commencement date.

  • On termination of this PPP Agreement in accordance with this Clause 25, SANParks shall pay the Private Party an amount equal to the Depreciated Value of Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination but also pay the Private Party the depreciated value for any capital investments made after the operation commencement date.

  • On termination of this PPP Agreement in accordance with this Clause 24, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the and Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination but also pay the Private Party the depreciated value for any capital investments made.


More Definitions of Capital Investment Assets

Capital Investment Assets the assets of a capital nature procured by the Private Party for the purpose of the conduct of the Business and includes the equipment, furnishings, fixtures and improvements relating thereto; 2.1.13 “Change in Control” - any change whatsoever in Control of the Private Party, whether effected directly or indirectly; 2.1.14 “Companies Act” - the Companies Act, No. 71 of 2008, as amended from time to time; 2.1.15 “Confidential Information" - any information or know-how in whatever form relating to the business affairs, trade secrets, products, operating, or marketing techniques, methods or processes, suppliers, customers or finances of either of the Parties; 2.1.16 “Consents” - all consents, permits, clearances authorisations, approvals, rulings, exemptions, registrations, filings, decisions, licences, certificates required to be issued by or made with any Responsible Authority in connection with the attainment of any of the Project Deliverables;
Sample 1Sample 2
Capital Investment Assets the assets of a capital nature procured by the Private Party for the purpose of the conduct of the Business and includes the equipment, furnishings, fixtures and improvements relating thereto; 2.1.13 “Change in Control” - any change whatsoever in Control of the Private Party, whether effected directly or indirectly; 2.1.14 “Companies Act” - the Companies Act, No. 71 of 2008, as amended from time to time; 2.1.15 “Confidential Information" - any information or know-how in whatever form relating to the business affairs, trade secrets, products, operating, or marketing techniques, methods or processes, suppliers, customers or finances of either of the Parties;
Sample 1
Capital Investment Assets means the assets provided by SANParks as part of this Management Agreement and subject to the verification process to be carried out in terms of clause 4.1.3 of this Management Agreement;
Sample 1
Capital Investment Assets the assets of a capital nature procured by the Private Party for the purpose of the conduct of the Business and includes the equipment, furnishings, fixtures and improvements relating thereto; 2.1.13 “Change in Control” - any change whatsoever in Control of the Private Party, whether effected directly or indirectly; 2.1.14 “Companies Act” - the Companies Act, No. 71 of 2008, as amended from time to time;
Sample 1
Capital Investment Assets means the assets provided by the Private Party as part of this Management Agreement and subject to the verification process to be carried out in terms of clause 4.1.3 of this Management Agreement;
Sample 1
Capital Investment Assets the assets of a capital nature procured by the Private Party for the purpose of the conduct of the Business and includes the equipment, furnishings, fixtures and improvements relating thereto;
Sample 1

Related to Capital Investment Assets

  • Capital investment means an investment in real property, personal property, or both, at a

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company or any Subsidiary.

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Total Investment means the sum of the aggregate Capital Contributions made by a Member.

  • PIPE Investment Amount has the meaning specified in Section 6.16.

  • Follow-On Investment means an additional investment in the same issuer, including, but not limited to, through the exercise of warrants, conversion privileges or other rights to purchase securities of the issuer.

  • Joint Venture Investment means, with respect to any Obligor, any Investment by such Obligor in a joint venture or other investment vehicle in the form of a capital investment, loan or other commitment in or to such joint venture or other investment vehicle pursuant to which such Obligor may be required to provide contributions, investments, or financing to such joint venture or other investment vehicle and which Investment the Borrower has designated as a “Joint Venture Investment”.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Investments as defined in Section 7.8.

  • Control Investment Affiliate as to any Person, any other Person that (a) directly or indirectly, is in control of, is controlled by, or is under common control with, such Person and (b) is organized by such Person primarily for the purpose of making equity or debt investments in one or more companies. For purposes of this definition, “control” of a Person means the power, directly or indirectly, to direct or cause the direction of the management and policies of such Person whether by contract or otherwise.

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • Nonpurpose Investment means any investment property, as defined in section 148(b) of the Code, in which Gross Proceeds of the Bonds are invested and which is not acquired to carry out the governmental purposes of the Bonds.

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Permitted Joint Venture Investment means an Investment by such Person in any other Person engaged in the Oil and Gas Business (a) over which such Person is responsible (either directly or through a services agreement) for day-to-day operations or otherwise has operational and managerial control of such other Person, or veto power over significant management decisions affecting such other Person, and (b) of which at least 30% of the outstanding Equity Interests of such other Person are at the time owned directly or indirectly by such Person.

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including:

  • Capital Interests means any and all shares, interests, participations, rights or other equivalents (however designated) of capital stock, including, without limitation, with respect to partnerships, partnership interests (whether general or limited) and any other interest or participation that confers on a person the right to receive a share of the profits and losses of, or distributions of assets of, such partnership.

  • Average Invested Assets means, for a specified period, the average of the aggregate book value of the assets of the Company invested, directly or indirectly, in Properties, Loans and other Permitted Investments secured by real estate before reserves for depreciation or bad debts or other similar non-cash reserves, computed by taking the average of such values at the end of each month during such period.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Qualified equity investment means any equity investment in, or long-term debt security issued by, a qualified community development entity that:

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Equity Investment means (i) an Equity Security; and (ii) an ownership interest in any company or other entity, any membership interest that includes a voting right in any company or other entity, any interest in real estate; and any investment or transaction which in substance falls into any of these categories even though it may be structured as some other form of investment or transaction.

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party, (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party, (c) a Subsidiary that is not a Loan Party to or in a Loan Party, so long as, in the case of a loan or advance, the parties thereto are party to the Intercompany Subordination Agreement, and (d) a Loan Party to or in a Subsidiary that is not a Loan Party so long as (i) the aggregate amount of all such Investments made by the Loan Parties to or in Subsidiaries that are not Loan Parties does not exceed $1,000,000 at any time outstanding, (ii) no Default or Event of Default has occurred and is continuing either before or after giving effect to such Investment, and (iii) the Borrowers have Excess Availability plus Qualified Cash of not less than $10,000,000 after giving effect to such Investment.

  • non-redeemable investment fund means an issuer,

  • Investment Vehicles means any investment company or pooled investment fund, including, but not limited to, mutual fund families, exchange-traded funds, fund of funds and hedge funds, in which a Defendant has or may have a direct or indirect interest, or as to which its affiliates may act as an investment advisor, but of which a Defendant or its respective affiliates is not a majority owner or does not hold a majority beneficial interest.

  • Mezzanine Investments means debt Securities (including convertible debt Securities (other than the “in-the-money” equity component thereof)) and Preferred Stock in each case (a) issued by public or private issuers, (b) issued without registration under the Securities Act, (c) not issued pursuant to Rule 144A under the Securities Act (or any successor provision thereunder), (d) that are not Cash Equivalents and (e) contractually subordinated in right of payment to other debt of the same issuer.