Examples of Joint facility in a sentence
Any consent required to assign any such Post-Effective Date Assumed Joint Facility Agreement to Purchaser shall be a Required Consent.
The leased real property listed in Schedule 1.27 is all of the real property leased and used by any of the Entities in their conduct of the Business other than leased property used in the operation of any Joint Facility.
A new sentence is hereby added at the end of Section 5O2(h) of the Lease to read as follows: Landlord hereby agrees, recognizes and acknowledges that the Amphitheater will be constructed as a Modified Joint Facility, without providing for any of the design requirements, equipment or rigging required for theatrical or other "high arts" performances.
If, pursuant to or through a change in the Company’s agreement(s) with respect to a Joint Facility, the Company’s percentage or fractional interest in such Joint Facility is changed in a manner that is disproportionate to the interest it possessed prior to said change, then the Company may elect to treat such change as an acquisition or disposition of property.
The two existing demineralizer trains shall be BSP I Joint Facilities and the new demineralizer train shall be a BSP II Joint Facility.
The portion of any Joint Facility in which the Company shall have an equitable, legal or contractual interest shall be eligible to be Mortgaged Property or after acquired additions thereto in accordance with the definition of Mortgaged Property in Section 1.03(bb) of Article I of the Indenture.
The parties, by this Fifteenth Supplemental Indenture hereby declare the extent to which the lien of the Indenture shall attach to such Joint Facility or property associated therewith, and also confirm the appropriate procedures to be followed in bonding property additions constituting a portion of a Joint Facility owned by the Company and another party.
In the case of a Joint Facility, the opinion of counsel required by Section 3.04(f) of Article III of the Indenture shall additionally provide that the Company is a party to an agreement giving the Company an undivided ownership interest or interests in the Joint Facility, including, if applicable any rights to receive output from the operations of the Joint Facility.
If an objection is made, the Groups shall negotiate in good faith to arrive at a mutually acceptable Change, an acceptable alternate Joint Facility Fee, or another mutually acceptable resolution.
The existing fire system, consisting of the electric and diesel fire pumps in the circulating water inlet building and all associated supply piping, valves, hydrants, and hydrant buildings at the BSP I Plant Site and currently used for BSP I and existing on the Effective Date will be a BSP I Joint Facility.