Project Assets definition

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, kilometer-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centers, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

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

Project Assets. Means all physical and other assets relating to and forming part of the Project Land including (a) rights over the Project Land in the form of lease/ license, right of way or otherwise; (b) tangible assets such as civil works and equipment (including tankers); (c) project facilities situated on the Project Land ; (d) all rights of the Lessee to the extent permitted under the Project Agreements; (e) financial assets, such as receivables, security deposits etc.; (f) insurance proceeds; and (g) permits and authorizations relating to or in respect of the Project;

Examples of Project Assets in a sentence

• During the Construction Period, the Contractor shall protect the Site from any and all occupations, encroachments or Encumbrances, and shall not place or create nor permit any Sub-contractor or other person claiming through or under the Agreement to place or create any Encumbrance or security threat over all or any part of the Site or the Project Assets, or on any rights of the Contractor therein or under this Agreement, save and except as otherwise expressly set forth in this Agreement.

• The Public Partner and the Private Partner may accompany the Independent Expert during its visits of the Project Assets.

• The categories provided above are not to be interpreted as providing an exhaustive list of Project Assets.

• In any case, throughout the time of the exercise of the Public Partner’s Step-in Right, the Public Partner shall exercise himself and ensure that any third person acting on the Public Partner’s behalf exercises due diligence and caution with respect to the Project Assets and property belonging to the Private Partner, as well as complies with the confidentiality requirements and security of the intellectual property.

• At least ninety five (95) percent of the Project Assets insurance risks insured by resident insurers shall be reinsured with non-resident insurers (one or more) that have at least an A- rating assigned by S&P, Moody’s, A.

More Definitions of Project Assets

Project Assets means (a) any asset or property of the Parent Guarantor or any Subsidiary relating to the creation or development of a Project or proposed Project of the Parent Guarantor or such Subsidiary, including any assets or property of the Parent Guarantor or such Subsidiary, as applicable, derived from, produced by or related to such Project and (b) any fully paid shares or other Equity Interests in any Subsidiary that are held by the direct parent company of such Subsidiary, provided that (i) such Subsidiary carries on no business other than the business of such Project or proposed Project and (ii) there is no recourse to such direct parent company of such Subsidiary other than to those fully paid shares or other Equity Interests and the rights and proceeds in respect of such shares or Equity Interests.

Project Assets means all tangible and intangible assets relating to the Project / Project Facility.

Project Assets all assets required to design, construct, develop, install, commission, operate and/or maintain the Project, including the Restaurant Facility, the Sale Assets, Capital Investment Assets, any books and records, any spare parts and tools, as well as the Intellectual Property pertaining to the Business, but excluding all cash and cash equivalents;

Project Assets means all assets (including but not limited to land, plant, machinery, buildings and intellectual property) wheresoever situated required for the purposes of or in connection with the Project, which are, or which it is intended will be, owned or controlled by the Project Company or to which the Project Company has access or from which the Project Company benefits.

Project Assets means, collectively, (i) the Closing Assets and (ii) the Post-Closing Project Assets.

Project Assets means all physical and other assets relating to and forming part of the Project including (a) rights over the Sites and Secondary Collection Points in the form of lease and/ or license rights (as applicable), Right of Way or otherwise; (b) tangible assets such as civil works and equipment including but not limited to foundations, buildings, grievance redressal centre, Processing Facility, electrical systems, communication systems, transport vehicles, Designated Bins, ICT infrastructure and administrative office; (c) Project Facilities situated on the Sites and Secondary Collection Points; (d) all rights of the Concessionaire under the Project Agreements; (e) financial assets, such as receivables, security deposits etc.; (f) insurance proceeds; and (g) Applicable Approvals and authorizations relating to or in respect of the Project;

Project Assets means all real, personal and intangible property related to or used in connection with any business, operation, enterprise or development that is the Project, but excluding all real, personal and intangible property related to or used in connection with any business, operation, enterprise or development that is not the Project. A description of a portion of the property comprising the Project Assets is set forth in Exhibit C attached hereto.