Facility Assets definition

Facility Assets means all of a Respondent’s rights, title, and interests in and to the following:
Facility Assets means any rights, property and assets, whether real or personal and whether tangible or intangible, required to design, construct, operate, maintain, rehabilitate or modify the Facility, or required for use of the Site, including any contract or engagement for such purpose, Permits and any land tenure and land tenure agreements.
Facility Assets has the meaning set forth in Section 14.25(a), as further defined in the Option Agreement.

Examples of Facility Assets in a sentence

  • In addition to the Events of Default described in Section 9.1, it shall constitute an Event of Default by Seller hereunder if: Taking of Facility Assets.

  • Representatives of the Corporation will furnish to Buyer and such other persons, copies of all materials relating to the business affairs, operations, Facility, Assets and liabilities of the Corporation relating to the Schools which may be reasonably requested from time to time and will cause representatives and employees of the Corporation to assist Buyer in its investigation of the matters relative to the Schools.

  • Subsequent to the Effective Date, Site Owner may grant or allow, without PSNH’s consent but with notice to PSNH, any mortgage, security interest, leasehold, or other lien, encumbrance, or conveyance of or upon the Facility Assets that it determines necessary or appropriate in connection with the financing and operations of the Facility Assets (the “Subsequent Encumbrances”); provided, that all such Subsequent Encumbrances shall remain subject and subordinate to the prior Option rights of PSNH hereunder.

  • The recorded or unrecorded restrictions, exceptions, easements, rights-of-way, reservations, limitations, interests and other matters that affect title to the LMM Airport Facility and the LMM Airport Facility Assets (or any portion thereof) do not materially adversely affect the Lessee’s ability to operate the LMM Airport Facility in accordance with the terms hereof.

  • PSNH will not unreasonably withhold its consent to the subordination of its rights hereunder to a Subsequent Encumbrance that is not a mortgage, grant of any security interest, leasehold or other similar lien, and is necessary or appropriate to operate or maintain the Facility Assets, such as third party utility or service easements.


More Definitions of Facility Assets

Facility Assets means the Assets sold by Debtors pursuant to the Facility Purchase Agreement.
Facility Assets means each and all of the assets of which a Facility is comprised, including solar energy panels, mounting systems, tracking devices, inverters, integrators and other related equipment and components installed on the Properties, electric lines and conduits required to connect such equipment to the Delivery Point and the LDC Facilities, protective and associated equipment, improvements, Metering Devices, and other tangible and intangible assets, permits, property rights and contract rights reasonably necessary for the construction, operation, and maintenance of the Facilities.
Facility Assets means all of Respondent Integra’s rights, title, and interests in and to the following:
Facility Assets means any and all assets relating to the production, handling, loading, or unloading of methanol or otherwise relating to methanol located at the Beaumont Facility or the DuPont Wharf including, without limitation, buildings and fixtures, leasehold improvements, Beaumont Storage Tanks, Beaumont Slip, and all related improvements and equipment, including, without limitation, pumps, hoses, pipelines, and any and all other equipment or assets used in connection with methanol or otherwise to operate the Beaumont Facility, the DuPont Wharf or the Facility Pipelines.
Facility Assets means the land, land improvements, buildings, fixtures, chemical processing equipment, pumps, piping and wiring, transformers, substations, storage tanks, pollution control, office furniture, office equipment, computers and software, laboratory equipment, vehicles and lift trucks (other than railcars, rolling stock, or titled vehicles), as more particularly described on (i) Part A of Schedule 1.01(c), with respect to the Cherokee Site and the Facility Assets therein, and (ii) Part B of Schedule 1.01(c), with respect to the El Dorado Site and the Facility Assets therein.
Facility Assets means all moveable and immovable assets relating to and forming part of the Facility as on the date of completion of construction or as may be added or replaced or renovated or modernized by the Authorisee from time to time during the tenure of the Agreement.
Facility Assets means, with respect to each of the Divested Assets: