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, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, 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
In the event that fails to use any of the Project Assets funded under this Agreement for the transportation purposes as authorized by this Agreement or applicable law throughout its respective useful life, shall refund to NVTA with interest at the rate earned by NVTA the amount attributable to NVTA’s proportionate financial interest in the value of said Project Asset.
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.
More Definitions of Project Assets
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,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 (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 of the assets, rights, personal properties, claims and Contracts to be owned by the Company or the applicable Company Subsidiary (after giving effect to the Project Asset Transfer, if applicable) which are associated with a Project.
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, collectively, (i) the Closing Assets and (ii) the Post-Closing Project Assets.