Geothermal Sale definition

Geothermal Sale means (i) the sale or other disposition by Covanta and its Subsidiaries of all or substantially all of their respective (1) Capital Stock in Heber Geothermal Company, Heber Field Company and Second Imperial Geothermal Company, L.P., and (2) Capital Stock in non-debtor Affiliate Mammoth-Pacific L.P., which entities own or lease geothermal plants and facilities in California (the "GEOTHERMAL BUSINESS"), and (ii) the assumption and/or assignment by Covanta and its Subsidiaries of certain contracts related to the Geothermal Business, in the case of both clauses (i) and (ii) occurring prior to or concurrently with the consummation of the Plan of Reorganization.
Geothermal Sale shall have the meaning set forth in the Plan.
Geothermal Sale means either the sale of (i) all of the Geothermal Business to the Proposed Buyers pursuant to the Purchase Agreement or (ii) some or all of the Geothermal Business pursuant to an Alternative Transaction, without prejudice to the Proposed Buyers' rights under the Purchase Agreement.

Examples of Geothermal Sale in a sentence

  • Land Status of the Mount Spurr Geothermal Sale Areavalley along the Cook Inlet coastline.

  • Multiply the amount needed to pay off the mortgage by this percentage.

  • The Closing of the Geothermal Sale shall have occurred on substantially the same terms as set forth in the Heber Reorganization Plan.

  • The closing of the Geothermal Sale shall have occurred on substantially the same terms as set forth in the Heber Reorganization Plan.

  • The following description of the Geothermal Sale and summary of the Alternative Transaction Purchase Agreement is qualified in its entirety by the terms thereof.

  • The terms and conditions of the Geothermal Sale and the Alternative Transaction Purchase Agreeement are incorporated herein and shall be deemed toconstitute part of this Heber Reorganization Plan for all purposes.

  • The implementation of this HeberReorganization Plan is predicated upon the approval by the Court of the Geothermal Sale, and the consummation thereof hereunder.

  • All documents, instruments and agreements provided for under, or necessary to implement, this Heber Reorganization Plan, the Geothermal Sale and the Alternative Transaction Purchase Agreement shall have been executed and delivered by the parties thereto, in form and substance satisfactory to the Heber Debtors, unless such execution or delivery has been waived by the parties benefited thereby.

  • This being the case, if adjudicator’s decisions to be enforced in the same way as court judgments, under the existing law, the norm is they should be subject to automatic set-off of cross-judgments between the same parties.

  • The Confirmation Order shall authorize all other transactions contemplated herein and the Plan Documents in order to effectuate this Heber Reorganization Plan or that are necessary or appropriate to effectuate this Heber Reorganization Plan, the Geothermal Sale and the Alternative Transaction Purchase Agreement.


More Definitions of Geothermal Sale

Geothermal Sale means (i) the sale or other disposition by Company and its Subsidiaries of all or substantially all of (a) their respective (1) equity or membership interests in Covanta SIGC Energy, Inc., Covanta SIGC Energy II, Inc. and Amor 14 Corporation, (2) partnership interests in Heber Geothermal Company, Heber Field Company and Second Imperial Geothermal Company, and (3) equity, membership or partnership interests in non-debtor Affiliates Pacific Geothermal Company, Mammoth Geothermal Company and Mammoth Pacific L.P., which entities own or lease geothermal plants and facilities in California (the "Geothermal Business") and/or (b) the assets of each of the entities referenced in clause (a) and (ii) the assumption and/or assignment by Company and its Subsidiaries of certain contracts related to the Geothermal Business.
Geothermal Sale means (i) the sale or other disposition by Company and its Subsidiaries of all or substantially all of (a) their respective (1) Capital Stock in Covanta SIGC Energy, Inc., Covanta SIGC Energy II, Inc. and Amor 14 Corporation, (2) Capital Stock in Heber Geothermal Company, Heber Field Company and Second Imperial Geothermal Company, and (3) Capital Stock in non-debtor Affiliates Pacific Geothermal Company, Mammoth Geothermal Company and Mammoth Pacific L.P., which entities own or lease geothermal plants and facilities in California (the "GEOTHERMAL BUSINESS") and/or (b) the assets of each of the entities referenced in clause (a), and (ii) the assumption and/or assignment by Company and its Subsidiaries of certain contracts related to the Geothermal Business, in the case of both clauses (i) and (ii) occurring prior to or concurrently with the consummation of the Plan of Reorganization.
Geothermal Sale means the sale by the Reorganizing Debtors of certain assets related to the Heber Debtors’ geothermal independent power production business orand the Reorganizing Debtors’ equity thereoftherein pursuant to section 363 of the Bankruptcy Code or through a plan of reorganizationHeber Reorganization Plan.

Related to Geothermal Sale

  • Geothermal fluid means water in any form at temperatures greater than 120

  • Geothermal energy means energy contained in heat that continuously flows outward from the earth that is used as the sole source of energy to produce electricity.

  • Total tetrahydrocannabinol means the sum of the percentage by weight of tetrahydrocannabinolic acid multiplied by eight hundred seventy-seven thousandths plus the percentage of weight of tetrahydrocannabinol.

  • Mineral Products means the commercial end products derived from operating the Property as a mine:

  • Coal means non-coking as well as coking coal, produced domestically and categorized into different classes, grades and sizes, as per the notification/order issued for such purpose by Government of India(GoI)/CIL/ Seller; and shall where the context so requires, include Imported Coal.

  • Carbon dioxide or “CO2” means the most common of the six primary greenhouse gases, consisting on a molecular level of a single carbon atom and two oxygen atoms.

  • Total hydrocarbons (THC) means the sum of all volatile compounds measurable by a flame ionization detector (FID).

  • plant products means products of plant origin, unprocessed or having undergone simple preparation in so far as these are not plants, set out in Annex IV-A, Part 3 to this Agreement;

  • Licensed Site means a place in any authorised street at which street trading may be engaged in by a Licence Holder, and includes any temporary alternative place approved by the Council or a duly authorised Officer of the Council.

  • Marijuana-infused products means products that contain marijuana or marijuana extracts and are intended for human use. The term "marijuana-infused products" does not include useable marijuana.

  • Gasification means the substoichiometric oxidation or steam reformation of a substance to produce a gaseous mixture containing two or more of the following: (i) oxides of carbon; (ii) methane; and (iii) hydrogen;

  • Edible cannabis product means cannabis product that is intended to be used, in whole or in part, for human consumption, including, but not limited to, chewing gum, but excluding products set forth in Division 15 (commencing with Section 32501) of the Food and Agricultural Code. An edible cannabis product is not considered food, as defined by Section 109935 of the Health and Safety Code, or a drug, as defined by Section 109925 of the Health and Safety Code.

  • Feedstock Gas means natural gas used as a raw material for its chemical properties in creating an end product.

  • Tetrahydrocannabinol means the natural or synthetic equivalents of the substances contained in the plant, or in the resinous extractives of, Cannabis sativa, or any synthetic substances, compounds, salts, or derivatives of the plant or chemicals and their isomers with similar chemical structure and pharmacological activity.

  • Marijuana concentrate means any type of marijuana product consisting wholly or in part of

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • Carbon regeneration unit means any enclosed thermal treatment device used to regenerate spent activated carbon.

  • Hydrocarbons means oil, gas, casinghead gas, drip gasoline, natural gasoline, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons and all products refined or separated therefrom.

  • Licensed Area means the area in which the Licensee is authorised to

  • Marijuana producer means a person who produces marijuana in this state.

  • Cannabis plant means any plant of the genus Cannabis;

  • Biomass means the biodegradable fraction of products, waste and residues from biological origin from agriculture (including vegetal and animal substances), forestry and related industries including fisheries and aquaculture, as well as the biodegradable fraction of industrial and municipal waste;

  • Minerals means any and all ores (and concentrates derived therefrom) and minerals, precious and base, metallic and non-metallic, in, on or under the Property which may lawfully be explored for, mined and sold.

  • Marihuana-infused product means a topical formulation, tincture, beverage, edible substance, or similar product containing marihuana and other ingredients and that is intended for human consumption.

  • Condensate means hydrocarbon liquid separated from natural gas which condenses due to changes in the temperature or pressure and remains liquid at standard conditions.

  • Biodiesel means a fuel composed of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, and, in accordance with standards specified by the American society for testing and materials, designated B100, and meeting the requirements of D-6751, as approved by the department of agriculture.