Project Asset definition

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

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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

Notwithstanding anything to the contrary contained in this Agreement, the Concessionaire shall not sub-licence, assign or in any manner create an Encumbrance on any Project Asset forming part of Commercial Complex without prior written approval of the Authority, which approval the Authority may, in its discretion, deny if such sub-licence, assignment or Encumbrance has or may have a material adverse effect on the rights and obligations of the Authority under this Agreement or Applicable Laws.
NVTA shall retain a financial interest in the value of each of the of the Project Assets, whether any such Project Asset may have depreciated or appreciated, throughout its respective useful life proportionate to the amount of the cost of the Project Asset funded by NVTA under this Agreement.
As of the Closing Date, all such Consents are in full force and effect and are free of any term, condition, restriction or imposition of Liability on ProjectCo, Purchaser or any such Project Asset.
Section 168(g)(1)(D) of the Code does not apply to any Project Asset, and none of the property comprising a part of the Project is imported property of the kind described in Section 168(g)(6) of the Code.
Neither the Project nor any Project Asset has been “placed in service” prior to the Closing Date for the purposes of Sections 48, 167, or 168 of the Code.

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 each of:

Project Asset means any real or personal property, whether tangible or intangible, in Ukraine (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 Ukrainian Contractors and Sea Launch (including instructions by Sea Launch); or (iii) related to any Sea Launch operation covered under the Project Support Agreement;

Project Asset means Stations, E-Scooters/E-Cycles, the Control Centre, and other facilities/equipment provided as part of the Public E-Scooter Sharing System.

Project Asset means Stations, Bicycles, the Control Centre, and other facilities created