Critical Assets definition

Critical Assets means Facilities, systems, and equipment which, if destroyed, degraded, or otherwise rendered unavailable, would affect the reliability or operability of the Bulk Electric System.**

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Critical Assets means all improvements, assets, and rights, remedies, powers, privileges and benefits essential to ski resort operations owned or acquired by the Issuer or any Guarantor.

Critical Assets means assets within or in relation to a wallet unit of such extraordinary importance that where their availability, confidentiality or integrity are compromised, this would have a very serious, debilitating effect on the ability to rely on the wallet unit;

Examples of Critical Assets in a sentence

• Any Governmental Authority condemns, seizes, or otherwise appropriates, or takes custody or control of all or any substantial portion of the Critical Assets.

• No Restricted Company may sell, assign, lease, transfer, or otherwise dispose of Critical Assets in an aggregate amount (taking into account all dispositions after the Closing Date) in excess of 10% of Total Assets (measured prior to giving effect to such sale, assignment, lease transfer or disposal), if the ratio described in Section 11.1 would, on a pro forma basis (taking the disposition into account), increase as a result of such disposition.

• To the extent required by Law, Seller has assessed the Transferred Company and its Subsidiaries pursuant to the methodology set forth under the Critical Infrastructure Protection Standards and has determined that, as of the date of this Agreement, none of the assets of the Transferred Company or its Subsidiaries constitute Critical Assets or Critical Cyber Assets.

• To the extent required by Law, and in the manner prescribed by NERC pursuant to the Critical Infrastructure Protection Standards, the Sellers have assessed the Acquired Companies and have determined that none of the assets of the Acquired Companies constitutes Critical Assets or Critical Cyber Assets pursuant to the Critical Infrastructure Protection Standard-002-3.

• Any Governmental Authority condemns, seizes or otherwise appropriates, or takes custody or control of all or any substantial portion of the Critical Assets.

More Definitions of Critical Assets

Critical Assets means information that would put a wallet unit in a critical state in case the assets get compromised and therefore needs protection against duplication and tampering;

Critical Assets means all assets within the T-Mobile Network deemed most critical to T-Mobile’s ongoing business and/or operational functions. “Critical Assets” shall not include customer-owned or -managed equipment.

Critical Assets means all improvements, assets, and Rights essential to ski resort operations owned or acquired by any Company. Current Financials means, initially, the consolidated Financial Statements of the Companies for the period ended October 31, 2013, and thereafter, the consolidated Financial Statements of the Companies most recently delivered to Administrative Agent under Sections 9.1(a) or 9.1(b), as the case may be.

Critical Assets means all of those assets and resources of the Contractor which are necessary to permit continuous operation of the Registries and the ongoing efficient delivery of Included Services at the applicable Service Levels, and any assets identified as Critical Assets elsewhere under this Agreement or under any Registry Operating Agreement;

Critical Assets means any IP Rights and any other assets owned by any Loan Party that individually or in the aggregate are material to the business of the Borrower and its Subsidiaries, taken as a whole, as determined by the Borrower in good faith.

Critical Assets means the Terminals and the Vessels listed on Schedule 7.6.

Critical Assets means the minimum set of assets, including infrastructure, without which cross-border electricity flows cannot be ensured. Asset types include people, products, information and processes which are assessed as essential by an entity.