Lot of Contracted Buses definition

Lot of Contracted Buses or “Lot” means Existing Lot of Contracted Buses and details of which have been provided in the annexure PB7 to this Agreement.
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Lot of Contracted Buses or “Lot” means Lot of Contracted Buses and details of which have been/shall be provided in the Annexure PA8 to this Agreement.
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Lot of Contracted Buses or “Lot” means New Lot of Contracted Buses and details of which have been provided in the Annexure to this Agreement.
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Examples of Lot of Contracted Buses in a sentence

  • Provided that the Authority in its sole discretion may allow the Operator to change the requirement of the Assured Fleet Availability for a particular Lot of Contracted Buses required for the first three months following COD for that Lot of Contracted Buses in writing.

  • This proportion shall be 93%, 92%, 91% of each Lot of Contracted Buses on a shift basis in the 1st, 2nd and 3rd year of the Contract Period for each Lot of Contracted Buses respectively, and 90% thereafter up-to the end of the Contract Period for each Lot of Contracted Buses.

  • When the adversary obtains some message m, it can send it on c, thus execute the event end(Rreceived (m)).

  • This proportion shall be as per the proportion given in the Clause 9.3(ii) of PIM of this RFP throughout the Agreement Period for each Lot of Contracted Buses.

  • The Operator shall fulfil the following conditions precedents before the COD( commercial date of operation) for the respective Lot of Contracted Buses.

  • The Authority within [30 (thirty) days] from the date of delivery of buses (the “Execution Date”) hand over such Lot of Contracted Buses for operation which shall be purchased by the Operator, within [30 (thirty) days] of delivery and acceptance thereof.

  • The number of delivery/supply of ETM depends on the Bus Delivery Schedule, achievement of Commercial Operation Date (COD) and deployment of RCSA for respective Lot of Contracted Buses.

  • This proportion shall be as per the proportion given in the Clause 18.6 throughout the Agreement Period for each Lot of Contracted Buses ( “Assured Fleet Availability”).

  • The Total Contract Period means, in reference to each lot of Contracted Buses, a Period of 10 years beginning from COD of the particular Lot of Contracted Buses which may/may not be extended further for maximum 2 years solely on the decision of NMMT (the “Total Contract Period”).

  • CONDITIONS PRECEDENT The respective rights and obligations of the Parties under this Agreement shall be subject to the satisfaction in full of the conditions precedent specified in this Clause 4 ( “Conditions Precedent”).4.1 The Authority’s Conditions Precedent 4.1.1 The Authority shall fulfill the following conditions precedents before the COD of the first Lot of Contracted Buses.


More Definitions of Lot of Contracted Buses

Lot of Contracted Buses or “Lot” means Existing Lot of Contracted Buses and New
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Related to Lot of Contracted Buses

  • Controlled unaffiliated business means a company:

  • Permitted Business means any business in which the Company or its Restricted Subsidiaries are engaged on the date of this Indenture and any other business related, incidental, complementary or ancillary thereto, and any unrelated business to the extent that it is not material in size as compared with the Company and its Restricted Subsidiaries’ business as a whole.

  • Qualified business facility means any building, complex of

  • Related Business means any business that is related, ancillary or complementary to the businesses of the Company and the Restricted Subsidiaries on the Issue Date.

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including:

  • Restricted Business has the meaning set forth in Section 6.7(a).

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • Cannabis testing facility means an entity registered by

  • Sexually oriented business means an adult arcade, adult bookstore or adult video store, adult cabaret, adult motel, adult motion picture theater, adult theater, escort agency, nude model studio, or sexual encounter center.

  • regulated business means a business which is required to be licensed under one or other of the regulatory laws;

  • Short-term acute care facility means a facility or Hospital that provides care to people with medical needs requiring short-term Hospital stay in an acute or critical setting such as for recovery following a surgery, care following sudden Sickness, Injury, or flare-up of a chronic Sickness.

  • Gasoline dispensing facility means any site where gasoline is dispensed to motor vehicle gasoline tanks from stationary storage tanks.

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;

  • Prohibited Business shall be defined as any business and any branch, office or operation thereof, which is a primary competitor of the Company with respect to the Business wherever the Company does business, in North America or abroad.

  • Marijuana testing facility means an entity licensed to analyze and certify the safety and potency of marijuana.

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • Permitted Businesses means the business of owning, leasing and managing gasoline stations, convenience store properties and other retail real properties (including, for the avoidance of doubt, quick service or other casual restaurants and auto service and auto parts stores), and any other single-tenant net lease business, and business activities reasonably related to the foregoing (including the creation or acquisition of any interest in any Subsidiary (or entity that following such creation or acquisition would be a Subsidiary) for the purpose of conducting the foregoing activities), in each case that are permitted for real estate investment trusts under the Code.

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Sewage disposal system means all interceptor sewers, storm sewers, sanitary sewers, combined sanitary and storm sewers, sewage treatment plants, and all other plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, and disposal of sewage and industrial wastes, and includes a storm water drain system under the jurisdiction and control of a governmental agency.

  • Historically Underutilized Business or “HUB” means a minority or women-owned business as defined by Texas Government Code, Chapter 2161.

  • Receivables Facility Attributed Indebtedness means the amount of obligations outstanding under a receivables purchase facility on any date of determination that would be characterized as principal if such facility were structured as a secured lending transaction rather than as a purchase.

  • Transport vehicle means a motor vehicle or rail car used for the transportation of cargo by any mode. Each cargo-carrying body (trailer, railroad freight car, etc.) is a separate transport vehicle.

  • Distributed generation facility means a facility owned and operated by a member of the Cooperative for the production of electrical energy that:

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Permitted Receivables Facility Assets means (i) Receivables (whether now existing or arising in the future) of the Company and its Subsidiaries which are transferred or pledged to the Receivables Entity pursuant to the Permitted Receivables Facility and any related Permitted Receivables Related Assets which are also so transferred or pledged to the Receivables Entity and all proceeds thereof and (ii) loans to the Company and its Subsidiaries secured by Receivables (whether now existing or arising in the future) and any Permitted Receivables Related Assets of the Borrower and its Subsidiaries which are made pursuant to the Permitted Receivables Facility.