Project Asset definition

Project Asset means Stations, Cycles, the Control Centre, and other facilities created as part of the Cycle Sharing System.

Project Asset means an asset which, in whole or in part, has been acquired, created, developed, advanced and/or contributed to by the Contribution.

Project Asset means the assets leased to the Lessee by DOT in accordance with the provisions of the Project Agreements and detailed in Schedule II – Project Assets of this Agreement;

Examples of Project Asset in a sentence

• All operations of the Project Asset shall be carried out in accordance with Good Industry Practices.

• The Licensee shall be required to obtain Applicable Permits and adhere to Applicable Laws for demolition of any part of the Project Asset.

• The Licensee shall operate, manage and maintain the Project Asset at least as a 4-Star classified hotel as per the classification for Hotels and Resorts prescribed by Ministry of Tourism, Government of India and at their option operate, manage and maintain the Additional Facilities until the Project Asset / Project Facilities are handed back to the Licensor in accordance with the provisions of this Agreement.

• Without prejudice to any express provision contained in this Agreement, the Licensee acknowledges that prior to the execution of this Agreement, the Licensee has after a complete and careful examination made an independent evaluation of the Project Asset, and the information provided by the Licensor, and has determined to its satisfaction the nature and extent of risks and hazards as are likely to arise or may be faced by the Licensee in the course of performance of its obligations hereunder.

• There are no suits or other legal proceedings pending or threatened against the Licensor in respect of the Project Asset or the Project.

More Definitions of Project Asset

Project Asset means Stations, Cycles, the Control Center, and other facilities created as part of the Bicycle Sharing System.

Project Asset means Stations, Bicycles, the Control Centre, and other facilities created as part of the Bicycle Sharing System.

Project Asset means the proposed infrastructure project or asset described in the Particulars; "Rating" means a rating awarded to the Registrant by ISCA under the Rating Agreement;

Project Asset means any real or personal property, whether tangible or intangible, in the Russian Federation (i) acquired or to be acquired by Sea Launch; or (ii) developed or to be developed for Sea Launch, including any alteration or rehabilitation of existing facilities, which is financed by the Sea Launch Development Loans for the purposes of the Project under contracts between Russian Contractors and Sea Launch (including instructions by Sea Launch in connection therewith); or (iii) related to any Sea Launch activity registered under the Project Support Agreement;

Project Asset means an asset which, in whole or in part, has been acquired, created, developed, advanced and/or contributed to by the Contribution. “Project Completion Date” means . “Project Intellectual Property” means all Intellectual Property conceived, produced, developed or reduced to practice in carrying out the Project by the Recipient and/or any Affiliated Persons of the Recipient, or any of their employees, agents, contractors or assigns. Project Intellectual Property shall be comprised of Platform Intellectual Property and Program Intellectual Property. “Project Intellectual Property Rights” means the Intellectual Property Rights in the Project Intellectual Property. “Province Performance Participation Period” shall have the meaning set forth in Subsection 4.3. “Recipient Fiscal Year” means the period for which the Recipient’s accounts in respect of its business or property are prepared for purposes of assessment under the Income Tax Act, as amended. For clarity, “Recipient Fiscal Year” means the period from January 1 of one year to December 31 of the same year. “Research Institution” means any for the purposes of research activities. “Resulting Products” means all products, services or processes that: (a) are produced using the Project Intellectual Property; or (b) incorporate any of the Project Intellectual Property. “Sanctions” means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by the Government of Canada. “Schedule” means a schedule to this Agreement, including any amendments or supplements. “Similar Goods” means goods or services that closely resemble the goods or services being transferred, in respect of their component materials, form, function and

Project Asset means any software, equipment, building, or fixture that has been purchased, constructed, or improved as part of the Project;

Project Asset means Stations, Bikes, the Control Centre, and other facilities created as part of the Bike Sharing System.