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;

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

Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements,

Examples of Project Assets in a sentence

The Borrower must allow the Ministry and its representatives to inspect the Land and/or the Project Asset(s) on reasonable notice from the Ministry to the Borrower, and during usual business hours unless otherwise agreed by the Parties.
The Borrower shall maintain or procure the maintenance of the Project Asset(s) and all of its assets in accordance with best industry practice and in accordance with any requirements from the manufacturer, including paying all operating expenses in a timely manner.
Except as otherwise notified to the Ministry on or before the date of this Agreement, it is, and will at all times be, the sole legal and beneficial owner of the Project Asset(s) and all of its other assets that are used in connection with the Project.
The Borrower will not engage in any business or activity other than those directly related to the Project Asset(s) and the Project unless approved by the Ministry.

More Definitions of Project Assets

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;

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 physical and other assets relating to and forming part of the Site including:

Project Assets means, collectively:

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

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.