New Project Assets definition

New Project Assets collectively the movable and immovable assets required to be obtained by the Private Party for purposes of the Project, but excluding the Institution Assets and cash, and including the SANParks Thesens Island Restaurant, the KOC Fixtures, any books and records, any spare parts and tools, and the Intellectual Property, or if the context is appropriate, any one of the New project assets;
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New Project Assets collectively the movable and immovable assets acquired or constructed by the Private Party for purposes of the Project, but excluding the Institution Assets and cash, and including any books and records, any spare parts and tools, and the Intellectual Property, or if the context is appropriate, any one of the New project assets;
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New Project Assets. The movable assets, other than the Sale Assets and any replacement assets as per Clause 18.7.3, acquired by the Private Party to operate the Skukuza Airport as the relevant category airport;
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Examples of New Project Assets in a sentence

  • Midtown Tunnel Projected Cash Flows to the Substantial Completion of the New Project Assets Date (Dollars in Millions) Table 15.

  • First, the Euclidean distance between sternal notch and each nipple, and second the vertical distance between sternal notch and lowest visible point on the breast.The GUI calculates and displays three previously reported "ideal" nipple positions [44], including the 50:50 X-ratio and 50:50 Y-ratio, 40:60 X-ratio and 40:60Y-ratio, and 40:60 X-ratio and 50:50 Y-ratio.

  • In order to effectuate the dam removal and site restoration, the New Project Assets Owner is likely to enter into a Dam Removal and Restoration Agreement with a Project Contractor under a contract procurement process that is still to be established.

  • This risk is not insurable and is borne both by the New Project Assets Owner and the Project Contractor, as well as the Project Funders and PacifiCorp.

  • The New Project Assets Owner also may be exposed to third-party claims of the type discussed above under “Risk of Third Party Losses – Not Caused by Hazardous Substances Or Other Pollution Conditions” based on hazardous substances, pollution or contamination claims.

  • At the request of PacifiCorp or the Project Funders, the New Project Assets Owner can be expected to conduct such a competitive procurement process to select the Project Contractor.

  • Any such substitute machinery and equipment shall become the property of the Director and be included under the terms of this Lease, and the replaced Project Equipment shall become the property of the Company.

  • Compliance with regulatory permits for dam removal will not avoid or affect the New Project Assets Owner’s potential liability for injury or death of a third party, or damages to private property of a third party, arising under applicable law.

  • The New Project Assets Owner’s obligations in connection with the Project may include various covenants to PacifiCorp in the Project Assets Acquisition Agreement, including possible indemnities if PacifiCorp incurs unanticipated Project-related costs even though it has conveyed the Project Assets to the New Project Assets Owner.

  • Regulatory permits will probably limit the New Project Assets Owner’s potential liability for natural resources damages resulting from performance of a permitted activity.

Related to New Project Assets

  • Project Assets means all physical and other assets relating to and forming part of the Site including:

  • New Project means (a) each facility or operating location which is either a new facility, location or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, location or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Subject Assets is defined in Section 2.2(c).

  • Redevelopment project means a specific construction project

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Project area budget means a multiyear projection of annual or cumulative

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Development Project means a project for the development of land within a

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • Project Equipment means the items of machinery, equipment or other personal property used in connection with the construction and development of the Project pursuant to the provisions hereof, and all replacements thereof and substitutions therefor made pursuant to this Agreement.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • New property means (i) the assessed value, after final

  • Project Area means THE AREA WHERE WORK IS BEING PERFORMED FOR THE CITY OF SUFFOLK, VIRGINIA.

  • Qualified Project Costs means costs paid with respect to the Project that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be a so chargeable with a proper election by the Borrower or but for a proper election by the Borrower to deduct such costs) in accordance with general Federal income tax principles and in accordance with United States Treasury Regulations §1.103-8(a)(1), provided, however, that only such portion of the interest accrued during construction of the Project shall be eligible to be a Qualified Project Cost as bears the same ratio to all such interest as the Qualified Project Costs bear to all costs of the construction of the Project; and provided further that interest accruing after the date of completion of the Project shall not be a Qualified Project Cost; and provided still further that if any portion of the Project is being constructed by an Affiliate (whether as general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out-of- pocket costs incurred by such affiliate in constructing the Project (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by such affiliate, and (C) any overhead expenses incurred by such affiliate which are directly attributable to the work performed on the Project, and shall not include, for example, intercompany profits resulting from members of an affiliated group (within the meaning of Section 1504 of the Code) participating in the construction of the Project or payments received by such affiliate due to early completion of the Project (or any portion there); (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code, (iii) the costs are paid after the earlier of 60 days prior to the date of a declaration of “official intent” to reimburse costs paid with respect to the Project (within the meaning of §1.150-2 of the United States Treasury Regulations) or the date of issue of the Bonds, and (iv) if the costs of the construction of the Project were previously paid and are to be reimbursed with proceeds of the Bonds such costs were (A) costs of issuance of the Bonds, (B) preliminary capital expenditures (within the meaning of United States Treasury Regulations §1.150-2 (F) (2)) with respect to the Project (such architectural, engineering and soil testing services) incurred before commencement of construction of the Project that do not exceed twenty percent (20%) of the issue price of the Bonds (as defined in United States Treasury Regulations §1.148-1), or (C) were capital expenditures with respect to the Project that are reimbursed no later than eighteen (18) months after the later of the date the expenditure was paid or the date the Project is placed in service (but no later than three (3) years after the expenditures is paid).

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Project area plan means a written plan that, after the plan's effective date, guides and controls the development within a project area.

  • Developed Land means all Developable Land of the Company and its Restricted Subsidiaries which is undergoing active development or is ready for vertical construction.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;