LIL definition

LIL means the transmission facilities to be constructed by or on behalf of the Labrador Island Link Limited Partnership from central Labrador to Soldiers Pond, NL;
LIL means equipment and facilities comprising a HVdc transmission line and all related components, including converter stations, synchronous condensers, and terminal, telecommunications and switchyard equipment, constructed between the LTA and the Island Interconnected System including:
LIL. Luxvisions Innovation Limited (立景創新有限公司), a company incorporated in Hong Kong with limited liability. As at the date of this announcement, LIL is owed as to (i) approximately 53.415% by Xx. Xxxx Xxxxx (a controlling Shareholder); (ii) approximately 43.659% by Luxsan Limited (景汕有限公司), which is a company incorporated in Hong Kong with limited liability and owned as to by Xx. Xxxx Xxxxxxx (an xxxxx sister of Xx. Xxxx Xxxxx), Xx. Xxxx Xxxxxxxx (an xxxxx brother of Xx. Xxxx Xxxxx) and Xx. Xxxx Xxxxxxx (an xxxxx sister of Xx. Xxxx Xxxxx) as to 34%, 33% and 33%, respectively; and (iii) approximately 2.927% by Lite-On

Examples of LIL in a sentence

  • LIL Opco will maintain and operate the LIL on behalf of the Partnership.

  • The Partnership was formed to carry on the business of designing, engineering, constructing, commissioning, owning, financing, operating and maintaining the assets and property constituting the Labrador-Island Link (LIL).

  • The Partnership is expected to terminate on December 31, 2081, unless terminated earlier or extended in accordance with the Labrador-Island Link Limited Partnership Agreement (the Partnership Agreement or LIL LPA).

  • LIL LP has entered into the LIL Lease Agreement and the Transmission Funding Agreement with Labrador-Island Link Operating Corporation (LIL Opco) and Newfoundland and Labrador Hydro (Hydro), both of which are wholly-owned subsidiaries of Nalcor.

  • These agreements effectively provide Hydro with transmission services over the LIL.

  • The rent payments will be sufficient to recover all costs associated with the LIL over the term of its service life.

  • LIL GP is subject to various legal proceedings and claims in the normal course of business.

  • LIL Opco has also granted first ranking liens on all its respective present and future assets other than excluded deposits and contributed surplus.

  • LIL Opco’s obligation to make rent payments to LIL LP is absolute, unconditional and irrevocable until the initial financing obtained by LIL LP has been paid in full.

  • Hydro’s obligation to make payments under the TFA is absolute, unconditional and irrevocable once the LIL is commissioned.


More Definitions of LIL

LIL means Taiwan’s Labor Insurance Law.
LIL means Labrador Island Link Limited Partnership. “LNG” means liquefied natural gas.
LIL. Drug Store Products shall be entitled to a credit against the next payment due to Columbia hereunder for Returns as follows: (i) a credit equal to the gross margin (net wholesale price less cost of goods sold) on such Returns; or (ii) a credit equal to the amount of any refund paid by Lil' Drug Store Products for any Returns of expired or damaged Product. Expired Product shall mean Units of Product that have eighteen (18) months or less before their expiration date. Damaged Product shall include, but are not limited to, those Product with a retailer's inventory or pricing marking affixed, if they are not resellable. Notwithstanding the above, if Lil' Drug Store Products sells any returned Product after receiving a credit for such returned Product, Lil' Drug Store Products shall pay Columbia the Net Sales of such returned Product, less any out of pocket expenses incurred by Lil' Drug Store Products in such sale. To the extent Lil' Drug Store Products, in its reasonable judgment, is required to honor any documented customer commitment, Columbia will promptly reimburse Lil' Drug Store Products for such commitment. Lil' Drug Store Products shall provide Columbia with all necessary financial records to verify such commitment. A documented customer commitment shall mean any written documentation related to financial or non-financial customer or broker commitments made by Columbia related to the Product. Commitments may include customer or broker rebates, deductions, credits, allowances, promotional guarantees, xxxx backs and SPIFFS. Such documented customer commitments must clearly indicate that Columbia and/or its representatives agreed to such commitment. If a customer or broker commitment is undocumented, Lil' Drug Store Products and Columbia agree to review such alleged commitment and, subject to Columbia's approval, which approval shall not be unreasonably withheld, Columbia will promptly reimburse Lil' Drug Store Products for any commitment Lil' Drug Store Products makes to honor such undocumented customer or broker commitment.

Related to LIL

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