Power Assets definition

Power Assets or “Power System Assets” means all objects and rights of value owned by the Borrower or entrusted to it as agent of the United States, which are derived from or pertain to its Power Program, including, but not by way of limitation, cash and temporary investments of cash; accounts and notes receivable; inventories of materials and supplies; land, structures, machinery, and equipment; and prepaid expenses or other costs incurred for the benefit of future operations.
Sample 1Sample 2Sample 3
Power Assets means all tangible and intangible property used in connection with the ownership and operation of electric power and cogeneration facilities, including, without limitation, related transmission lines and gas lines.
Sample 1Sample 2Sample 3
Power Assets shall have the meaning set forth in the Separation Agreement.
Sample 1Sample 2Sample 3

Examples of Power Assets in a sentence

  • Prior to joining BP Alternative Energy, Xx. Xxxxxx was Director, Commercial Power Assets for ConocoPhillips where he was responsible for constructing and operating their North American power facilities.

  • Pursuant to the Trusteeship Management Power Assets Agreement, the Board of the Company anticipates that the annual cap of the management fees payable by Huaneng Group to the Company for the three years ending 31 December 2017 shall be RMB1,870,000, RMB1,870,000 and RMB1,870,000 million respectively (excluding the adjustment(s) to the management fees due to the change in the generation capacity of units).

  • If the management party fails to operate and maintain the power assets according to the Entrusted Management Power Assets Agreement or violates other obligations of the agreement, the management party shall compensate for the actual loss of the entrusting party in full.

  • According to the Entrusted Management Power Assets Agreement, the Company and its subsidiaries will entrust Huaneng Group and its subsidiaries and associates to manage the Entrusted Management Power Assets.

  • The entrusting party shall ensure that the management party shall be compensated for all the environmental liability incurred in production and business activities as a result of the non- compliance with the environmental regulations by the installation of the Trusteeship Management Power Assets unless the liability is due to the fraud or gross negligence of the management party.

  • The entrusting party shall pay management fees to the management party in relation to the management services provided by the management party for the Trusteeship Management Power Assets pursuant to the Trusteeship Management Power Assets Agreement.

  • The entrusting party shall ensure that the management party shall be compensated for all the environmental liability incurred in production and business activities as a result of the non- compliance with the environmental regulations by the installation of the Entrusted Management Power Assets unless the liability is due to the fraud or gross negligence of the management party.

  • The self-owned power plants of the management party and Trusteeship Management Power Assets must implement the above dispatch.

  • According to the different circumstances of the Trusteeship Management Power Assets, the management party shall provide management services of the Trusteeship Management Power Assets to the entrusting party in accordance with all applicable laws and requirements of the regulatory organs and actual circumstances with reference to the applicable management experience and management mode of domestic and international power generation enterprises.

  • Management fees shall be calculated from the effective date of the Trusteeship Management Power Assets Agreement, and the management costs of the management fees shall be settled each month.


More Definitions of Power Assets

Power Assets means:
Sample 1Sample 2Sample 3
Power Assets or “Power System Assets” means all objects and rights of value owned by the Borrower or entrusted to it as agent of the United States, which are derived from or pertain to its Power Program, including, but not by way of limitation, cash and temporary investments of cash; accounts and notes receivable; inventories of materials and supplies; land, structures, machinery, and equipment; and prepaid expenses or other costs incurred for the benefit of future operations.
Sample 1Sample 2
Power Assets means: (a) the Option Shares; and (b) all of the assets, rights, interests and entitlements currently held by any of Newmont Power Pty Ltd (ACN 065 116 841) and NP Kalgoorlie Pty Ltd (ACN 066 584 807) and 50% of the assets, rights, interests and entitlements currently held by Goldfields Power Pty Ltd (ACN 062 186 243), including (without limitation) all rights or interests of the Seller in the ownership or operation of the Parkeston Power Station, and any related infrastructure or facilities; and (c) a direct or indirect interest in any of the entities specified in paragraph (b).
Sample 1
Power Assets means (a) the Existing Assets, (b) the Specified New Assets and (c) the Contingent Debt Instrument.
Sample 1
Power Assets means the collective reference to the Existing Assets and the New Facilities.
Sample 1

Related to Power Assets

  • Other Assets means any assets (or interests therein) (other than the Trust Estate) conveyed or purported to be conveyed by the Seller to another Person or Persons other than the Issuer, whether by way of a sale, capital contribution or by virtue of the granting of a lien.

  • Customer Assets means the Customer’s infrastructure, data, software, materials, assets, equipment or other property owned by and/or licensed or leased to the Customer and which is or may be used in connection with the provision of the Services;

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Transfer Assets means the assets of the Company which the WFOE or its designated entity or individual is entitled to purchase from the Company at the request of the WFOE upon its exercise of the Assets Call Option in accordance with Section 3 hereof, the amount of which may be all or part of the assets of the Company and shall be determined by the WFOE at its sole discretion in accordance with the then effective PRC Law and its commercial needs.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Acquired Assets has the meaning set forth in Section 2.1.

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;

  • Assets includes present and future properties, revenues and rights of every description;

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

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

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Specified Assets the following property and assets of such Grantor:

  • 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.

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person, including without limitation cash, cash equivalents, Investment Assets, accounts and notes receivable, chattel paper, documents, instruments, general intangibles, real estate, equipment, inventory, goods and Intellectual Property.

  • Single Asset Entity means a Person (other than an individual) that (a) only owns a single Property; (b) is engaged only in the business of owning, developing and/or leasing such Property; and (c) receives substantially all of its gross revenues from such Property. In addition, if the assets of a Person consist solely of (i) Equity Interests in one or more Single Asset Entities that directly or indirectly own such single Property and (ii) cash and other assets of nominal value incidental to such Person’s ownership of the other Single Asset Entity, such Person shall also be deemed to be a Single Asset Entity for purposes of this Agreement.

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Retained Contracts means all contracts, agreements, leases, software licenses, rights, obligations or other commitments of the Company that (a) arise out of or are related exclusively to any business or operation of the Company other than the Business, or (b) arise out of or are related in any way to the Business and which, in the case of both clauses (a) and (b) herein, are not Transferred Contracts.

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Retained Subsidiaries means all Subsidiaries of Sellers and their respective direct and indirect Subsidiaries, as of the Closing Date, other than the Purchased Subsidiaries.

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include: