relevant asset definition

relevant asset means any part of the Network operated from time to time
relevant asset means any part of the Network and any gas meter
relevant asset means any asset for the time being forming part of the licensee's distribution system, any control centre for use in conjunction therewith, and any legal or beneficial interest in land upon which any of the foregoing is situate (which for the purposes of property located in Scotland means any estate, interest, servitude or other heritable or leasehold right in or over land including any leasehold interests or other rights to occupy or use and any contractual or personal rights relating to such property or the acquisition thereof).

Examples of relevant asset in a sentence

  • Cheshire East: Summary of Investment Properties ‘Investment’ TypeNo. of AssetsResidential29Garage16Sport and Youth23Retail and Office24Agriculture39 Relevant Asset Influences• Business generation centres provide a small operating profit (Overview and Scrutiny review - March 2011).

  • Relevant Asset Influences • There is a key move towards service delivery in the community and promotion of self-sufficiency.

  • Relevant Asset Influences • While a number of buildings are not described specifically as Heritage assets, they may still perform a dual function – for example, Macclesfield Town Hall.

  • Relevant Asset Influences • ANSA, a Council owned arms’ length company, has been set up to manage Environmental Services.


More Definitions of relevant asset

relevant asset means any material asset which is necessary to enable the Licensee to undertake the Licensed Activities in accordance with the provisions of the Sector Law and this Licence and which at the relevant time forms part of the Production Facilities owned and operated by the Licensee, including any interest in land upon which any such asset is situated.
relevant asset means any asset for the time being forming part of the licensee’s distribution system, any control centre for use in conjunction therewith, and any legal or beneficial interest in land upon which any of the foregoing is situate (which for the purposes of property
relevant asset means each tangible asset held on the fixed asset register within the underlying books and records of each Reporting Group Entity that:
relevant asset means any asset which is necessary to enable the Licensee to undertake the Licensed Activities in accordance with the provisions of the Sector Law and this Licence, including any interest in land upon which any such asset is situated.
relevant asset means any relevant demand facility, relevant power generating module, or relevant grid element partaking in the outage coordination;
relevant asset means any asset which is necessary to enable the Licensee to undertake the Licensed Activities in accordance with the provisions of the Sector Law and this Licence and shall include Power Purchase Agreements, Power and Water Purchase Agreements and contracts for Ancillary Services.
relevant asset means any electric line or electric plant for the time being forming part of the Licensee’s Distribution System, any control centre for use in conjunction therewith and any legal or beneficial interest in land upon which any of the foregoing is situated. Condition 19: Economic purchasing of goods, assets and services