Replacement Capital Asset definition
Replacement Capital Asset means any acquisition of existing or the construction of a new facility or other major capital asset by the Partnership Group or any Group Member, in each case if such acquisition or construction is made to replace or rebuild a facility or other major capital asset of the Partnership Group or any Group Member at the end of its working life. SUNCOKE ENERGY PARTNERS, L.P. FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP
Examples of Replacement Capital Asset in a sentence
Risk of damage or loss for whatever reason for Tuscola Unit C and any Initial Capital Asset, Replacement Capital Asset or Additional Capital Asset (as each are defined in Schedule 1, collectively "Capital Assets") shall be borne by Cabot.