Shared Asset definition

Shared Asset has the meaning set forth in Section 2.05(a).

Shared Asset means, as of any particular date, any Asset that is used or related to or held for use in an area of a Parent’s Group’s Business in a non-de minimis respect, but is not Primarily Used In The Business. For purposes of this definition, an Asset will be deemed to be used in a Parent Group’s Business in a “non-de minimis respect” if the cost of the Business replacing the Asset, including any losses or damages that may arise from any interruption in the availability of the asset, exceeds $100,000 or if at least 10% of the utilization of the asset is in connection with the Business.

Shared Asset means a network asset used by more than one consumer in order to receive gas transmission services Sole use assets means assets connected to the network for use by only 1 connecting consumer in order to receive gas transmission services Special contract term means - a non-price term in a contract which materially differs from the terms which the parties in their respective positions would usually include in an arm’s length contract; or the omission of a material non-price term from a contract, when the parties in their respective positions would usually include that term in an arm’s length contract; or a non-price term in a contract resulting from a tender process, which materially varies from, or was not included in, the contractual basis on which the tender proposals were requested or the terms proposed by the lowest qualifying tender from an unrelated party, which credibly could have performed the services Special crossings means a section of pipe and associated assets (i.e., support structures, vents, casings etc), where the associated assets are installed for the purpose of crossing a road, railway or river etc. Standard contract means any contract (being a contract for the provision of gas transmission services) between a GTB and any other person, where – the price at which the gas transmission services are to be provided under the contract is determined solely by reference to a schedule of prescribed terms and conditions, being a schedule that is publicly disclosed; and at least 4four other persons have such contracts with the GTB, and none of those other persons is a related party of the GTB, or is a related party with of those other persons Stations means a facility at which an operation on and/or measurement of the gas occurs by means of device(s) installed at the facility System growth in relation to expenditure, means expenditure on assets where the primary driver is a change in demand or injection on a part of the network which results in a requirement for either additional capacity to meet this demand or additional investment to maintain current security and/or quality of supply standards due to the increased demand. This expenditure category includes expenditure on assets associated with SCADA and telecommunications assets System peak means, in relation to a transmission system, a period of specified duration during which the aggregate throughput of gas at all offtake points on the transmission system in the year ended 30 September is at its...

Examples of Shared Asset in a sentence

• Securing a Shared Asset The new tax-lot data are based on precise survey-control measurements provided by a team of surveyors working closely with cartographers and county GIS professionals.

• If and when any such consent is obtained, the Shared Asset will be separated in accordance with this Section 2.9. The obligations set forth in this Section 2.9 will terminate on the date that is twenty-four (24) months after the Closing Date.

• Seattle and Houston shall share equally any costs related to separating the Shared Asset.

• As used in this Section 1.03, “to the extent previously made available” means, with respect to any Shared Asset, the extent to which such Shared Asset was provided to, or was used in the conduct and operation of, a Parent’s Group’s Business, in the Ordinary Course of Business prior to the Closing Date (it being understood that “extent” will mean, in all material respects, the amount, level, frequency, responsiveness, functionality and quality).

• From and after the Closing until the third anniversary of the Closing, if a Parent no longer wishes to maintain, or otherwise wishes to abandon, a Shared Asset, such Parent will notify Newco at least 20 Business Days prior to taking any action to abandon or otherwise give up its rights or ownership to such Shared Asset (or such shorter of period of advance notice to which Newco may consent, such consent not to be unreasonably withheld, conditioned or delayed).

More Definitions of Shared Asset

Shared Asset means any account or exposure where two or more Farm Credit institutions have assumed a portion of the asset’s benefits or risks. An institution’s share in the asset may be established through means such as syndications, participation agreements, assignments, or other arrangements with System entities.

Shared Asset or “Shared Assets” shall have the meaning set forth in Section 2.5 of this Work Agreement.

Shared Asset. 2.02(c)(iii) “Social Security Act” 3.15(f) “Sub” Recitals “Third Party Claim” 10.05(b) “Tier I Employee” 3.06 “Tier II Employee” 3.06 “Transferred Employees” 6.01(b) “Transferred Subsidiary Tax Attributes” 5.06(d) “U.S. Business Employee” 6.01(a) “U.S. Transferred Employee” 6.01(a)

Shared Asset means an asset used by the Company or the Manager on behalf of the Company for the benefit of more than one Series.

Shared Asset means any account or exposure where two or more Farm Credit institutions have assumed a por- tion of the asset’s benefits or risks. An institution’s share in the asset may be established through means such as syn- dications, participation agreements, assignments, or other arrangements with System entities.[58 FR 48786, Sept. 20, 1993, as amended at 71FR 76120, Dec. 20, 2006; 74 FR 28600, June 17,2009; 78 FR 31835, May 28, 2013; 78 FR 77562,Dec. 24, 2013] Subpart B—General Rules

Shared Asset means any Asset used in both the (a) Business and (b) another business operated by a Travelocity Party; provided, however, that the Assets set forth on Schedule 1(a) shall not be considered Shared Assets.

Shared Asset means any tangible personal property, other than Inventories, held by or located in any of the Retained Facilities; provided that the Shared Assets do not include the Pedrengo Assets, the Dedicated Assets or the R&D Assets.