Physical asset definition

Physical asset means a building, land, or water right together with revenue derived from the lease or use of the building, land, or water right.
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Physical asset means either a structural component or a major utility installation.
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Physical asset means any Asset that is represented by a certificate, bond or other physical form of instrument, which certificate, bond or other physical form of instrument evidences solely such Asset. For the avoidance of doubt, an Asset that is represented by a global or other certificate, bond or other physical form of instrument held by or on behalf of the Depository Trust Company (“DTC”) or its nominee or another clearing corporation or its nominee shall not constitute a Physical Asset.
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Examples of Physical asset in a sentence

  • Physical asset management practices in industry: comparisons be- tween Greece and other EU countries.

  • Physical asset specificity refers to the use of customized assets such as specialized dies and equipment.

  • MOL Group’s risk management tracks and manages these risks on a continuous basis and provides support to the sales processes in accordance with MOL Group’s sales strategy and ability to bear risk.Operational risks include, but are not limited to:• Physical asset safety and equipment breakdown risk: High asset concentration in Downstream is a significant risk driver.

  • However, the MoHP has started preparation of the State /Non-State Partnership Policy for Health Sector, draft for circulation that highlights contract management provisions.Vii) Physical asset management: All stakeholders involved in the preparation of the AWPB for FY12/13 will collaborate to ensure an increased budget allocation for maintenance and the completion of the on- going 527 infrastructure projects.

  • Physical asset accounts were also made to assess changes in the stocks of timber resources, carbon storage and freshwater stocks.

  • How are companies currently assessing sensitivities and impact to climate-related risks and opportunities?Companies assess sensitivities by considering the interaction between the measured climate exposure and their company along the following dimensions:• Physical asset performance and integrity: Assess how increased acute physical weather events (e.g., Useful Insights: Companies in our study provided the following useful insights to measure exposure to climate risk:1.

  • CRC Press, New York Hastings NAJ (2015) Physical asset Managment: with an introduction to ISO55000.

  • It defines PAM as follows: Physical asset management is the systematic and coordinated activities and practices through which an organization optimally and sustainably manages its assets and asset systems, their associated performances, risks and expenditures over their life cycles for purpose of achieving its organizational strategic plan.Thus PAM is an aggregation of activities, focusing on the physical assets responsible for the flow of operations.

  • Per Robert Miller, University Counsel, the “Eastern Illinois University Law” (110 ILCS 665/10-25) provides that only the Board Chairman and Secretary may be elected by secret ballot.

  • Physical asset management involves collaboration of functions and processes in order to have the right system and facilities for the company, to ensure desirable operation, and to implement profitable maintenance (see Figure 4).


More Definitions of Physical asset

Physical asset means an asset whose value depends on its physical form, including—
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Physical asset is a generic term and means either a structural component or a major utility installation.
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Physical asset means an asset whose value depends on its physical form, including land, buildings and other structures on land or sea, vehicles, ships, aircraft or rolling stock, and commodities;”;
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Physical asset means either a structural component or a major utility installation. "Present condition" means condition as of the date of the inspection by means of
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Related to Physical asset

  • Physical abuse means any physical injury, mental injury, or threatened injury, inflicted by a person responsible for the child’s care other than by accidental means; or any physical or mental injury that cannot reasonably be explained by the child’s history of injuries or any aversive or deprivation procedures, or regulated interventions, that have not been authorized by Minn. Stat. § 125A.0942 or § 245.825.

  • Physical Escort means the temporary touching or holding the hand, wrist, arm, shoulder, or back of a student who is acting out for the purpose of inducing the student to walk to a safe location.

  • Negotiable Collateral means all of Borrower’s present and future letters of credit of which it is a beneficiary, drafts, instruments (including promissory notes), securities, documents of title, and chattel paper, and Borrower’s Books relating to any of the foregoing.

  • Financial Asset The meaning specified in Section 8-102(a)(9) of the UCC.

  • Investment Property the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the New York UCC (other than any Foreign Subsidiary Voting Stock excluded from the definition of “Pledged Stock”) and (ii) whether or not constituting “investment property” as so defined, all Pledged Notes and all Pledged Stock.