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.**
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 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, 2010, 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.

Examples of Critical Assets in a sentence

  • These Critical Assets are to be identified through the application of a risk-based assessment.

  • Critical Cyber Asset Identification — Using the list of Critical Assets developed pursuant to Requirement R2, the Responsible Entity shall develop a list of associated Critical Cyber Assets essential to the operation of the Critical Asset.

  • Standard CIP-002 requires the identification and documentation of the Critical Cyber Assets associated with the Critical Assets that support the reliable operation of the Bulk Electric System.

  • This is a process familiar to Responsible Entities that have to comply with versions 1, 2, 3, and 4 of the CIP standards for Critical Assets.

  • These Critical Assets are to be identified through the application of the criteria in Attachment 1.


More Definitions of Critical Assets

Critical Assets means the Closing Date Critical Assets and the Future Critical Assets.
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.
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 has the meaning set forth in Section 4.25 hereof.
Critical Assets means the facilities, systems and equipment which, if destroyed, degraded or otherwise declared unavailable, would affect the reliability or operability of the Power Supply System.
Critical Assets means all improvements, assets, and Rights essential to ski resort operations owned or acquired by any Company; provided that the assets of the Whistler Acquisition Subsidiaries and the Peak Resorts Acquisition Subsidiaries shall not be deemed ‘Critical Assets’.”
Critical Assets means the Terminals and the Vessels listed on Schedule 7.6.