Common Assets definition

Common Assets means personal property held by or on behalf of the Strata Corporation created pursuant to Section 2 of the BC Strata Property Act or Association.
Common Assets means property held by or on behalf of a Strata Corporation.
Common Assets means personal property acquired for the use of all the Owners as well as the fixtures, pipes, wires and other facilities used for generation, storage, collection or distribution of water, sewage, drainage, electricity, telephone, garbage collection and other utility services;

Examples of Common Assets in a sentence

  • The Consortium, as well as the execution of the subject matter of this Consortium Agreement and the use of the Common Assets, does not constitute a company between the Parties.

  • The Common Assets shall be used and/or consumed exclusively in the Consortium Operations.

  • Upon termination, the Common Assets shall be orderly settled by the Operator, and the proceeds of the sale of Common Assets not inuring to the benefit of the Contracting Party shall, under the Production Sharing Agreement, be divided among the Consortium Members according to their shares.

  • Upon termination, the Common Assets shall be orderly settled by the Operator, and the proceeds of the sale of Common Assets not inuring to the benefit of the Contracting Party, under the Production Sharing Agreement, shall be divided between the Consortium Members according to their shares.

  • The petitioner has computed Return on Equity, Interest on Loan and Depreciation on the Common Assets for the period 2014-19 based on the opening capital cost as on 1.4.2014 and projected additional capitalization during the period 2014-19 towards different offices and has apportioned them to each generating stations and T&D system in proportion to the capital cost approved as on 31.3.2014.


More Definitions of Common Assets

Common Assets means the portion of a resource under the joint ownership of Seller and one or more other Persons.
Common Assets means all assets not specifically identifiable to Aeronautical Assets & Non-Aeronautical Assets.
Common Assets means those assets which are constructed on, over, under and within the Lands so as to become part of the title to the Lands, for use of all Co-owners in common with each other, including, but not limited to, the Septic System and Access Road across the Remainder Lands for the benefit of the RV Lots, the potable water system to the point of hook up at each RV Lot, the electrical services, drainage, landscaping, kiosks, pump houses, lighting, signage and any other assets installed or used for the benefit of Co- owners from time to time and the benefit of the Easement Areas.
Common Assets means (i) personal property held by or on behalf of the Corporation; (ii) real property held in the name of or on behalf the Corporation that is not included in the corporation's plan; and (iii) any other property specified as a common asset by the Act;
Common Assets means assets owned jointly by the Practitioners, including Premises, the Intellectual Property, the GDS Contract, the Facilities, and the goodwill on the list of a Joint Associate but excluding the goodwill in the patients on the list of any Sole Associate
Common Assets means personal property held by or on behalf of the Strata Corporationcreated pursuant to Section 2 of the BC Strata Property Act orAssociation.
Common Assets means (i) installations and equipment built on or within the Demerged LTO Units from time to time and used by the Non-LTO Units or all the production units at the Doel and Tihange sites; or (ii) installations and equipment built on or within the Non-LTO Units or other production units at the Doel and Tihange sites (excluding the Demerged LTO Units) from time to time and used by the Demerged LTO Units or all the production units at the Doel and Tihange sites;