New Facilities definition

New Facilities means facilities for which, by the cut-off date, neither of the following events has occurred:

New Facilities shall have the meaning set forth in Exhibit A to this Agreement.

New Facilities means the personal property assets constituting the facilities to be constructed and/or modified and placed in service by Company as contemplated in Part I of Exhibit A-1 to the Agreement.

Examples of New Facilities in a sentence

• At the conclusion of the Base Lease Term, the New Facilities Real Property shall be returned to the City, together with the New Facilities and any other improvements thereto, in substantially the condition thereof as of the date hereof, or the date the New Facilities Real Property is added thereto, subject to normal wear and tear.

• Subject to the provisions of the Facilities Agreement, the Corporation covenants that it will maintain or cause to be maintained the New Facilities Real Property, and will not cause, permit, or suffer to be caused or permitted waste thereto.

• For and in consideration of the agreement of the Corporation to provide funds to finance the Capital Project and the application of the proceeds of the Note to the expansion, construction, and renovation of the Capital Project, the City hereby conveys to the Corporation the New Facilities.

• Such instruments may include a termination of this Base Lease with respect to such portion of the New Facilities Real Property as is affected thereby or an acceptance or acknowledgement of the right of the grantee of such easement or right-of-way to continue to use such property notwithstanding the exercise of any rights or remedies afforded to the Corporation hereunder or under the Facilities Agreement.

• The Corporation shall have the power to convey undivided interests in the New Facilities to the City from time to time as Acquisition Payments are made as contemplated by the Facilities Agreement.

More Definitions of New Facilities

New Facilities means the new or modified Company personal property assets and related facilities to be constructed and/or modified and placed in service by Company as contemplated by the National Grid Reconfiguration and/or the Detailed Project Plan referred to in Exhibit A to this Agreement.

New Facilities means new facilities, if any, whether immovable or movable, including vehicles, equipment, supplies and other property, constructed or purchased by the Operator during the Agreement Period for the provision by the Operator of Services in the Service Area;

New Facilities means those facilities constructed at Shipper’s request in order for Transporter to provide the transportation service(s) that a Shipper requests via the LINK® System.

New Facilities means the £1,400,000,000 term loan facility and revolving credit facility dated 12 September 2013 between RMG (as borrower and guarantor), certain financial institutions and The Royal Bank of Scotland plc (as agent);

New Facilities means land, buildings, and capital equipment,

New Facilities means the Term A Facility and the Revolving Credit Facility;

New Facilities means the Economic Zone designed and built by the Developer “New Operations Period” is as defined in GC Section 2.2(b);