Critical Assets definition

Critical Assets means Facilities, systems, and equipment which, if destroyed, degraded, or otherwise rendered unavailable, would affect the reliability or operability of the Bulk Electric System.**

Critical Assets means all improvements, assets, and rights, remedies, powers, privileges and benefits essential to ski resort operations owned or acquired by the Issuer or any Guarantor.

Critical Assets means all improvements, assets, and Rights essential to ski resort operations owned or acquired by any Company. Current Financials means, initially, the consolidated Financial Statements of the Companies for the period ended October 31, 2013, and thereafter, the consolidated Financial Statements of the Companies most recently delivered to Administrative Agent under Sections 9.1(a) or 9.1(b), as the case may be.

Examples of Critical Assets in a sentence

• The Supplier shall ensure that during the Mobilisation Period all Business Critical Assets are denoted as critical within the CAFM system, to ensure that the correct Helpdesk Service Levels are applied.

• To the extent required by Law, and in the manner prescribed by NERC pursuant to the Critical Infrastructure Protection Standards, the Sellers have assessed the Acquired Companies and have determined that none of the assets of the Acquired Companies constitutes Critical Assets or Critical Cyber Assets pursuant to the Critical Infrastructure Protection Standard-002-3.

• The Supplier shall ensure that during the Mobilisation Period that all business Critical Assets are denoted as critical within the CAFM System to ensure that the correct Helpdesk Service Levels Agreements are applied.

• The Parties will use their commercially reasonable efforts to mitigate all costs in connection with the transition of the Critical Assets and the performance of their transition obligations, including costs in connection with implementation of the Transition Plan and the transfer or disposition of assets.

• Where this information is not available or incomplete, the Supplier shall liaise with the FM Supplier who shall assess the scope of the Asset and advise the Supplier and the Contracting Authority where there are Business Critical Assets or Assets requiring maintenance.

More Definitions of Critical Assets

Critical Assets means the facilities, systems and equipment which, if destroyed, degraded or otherwise declared unavailable, would affect the reliability or operability of the Power Supply System.

Critical Assets means the minimum set of assets, including infrastructure, without which cross-border electricity flows cannot be ensured. Asset types include people, products, information and processes which are assessed as essential by an entity.

Critical Assets means those Assets which if not functioning or available would disrupt the reliability and operability of the government property;

Critical Assets has the meaning set forth in Section 4.25 hereof.

Critical Assets means all of those assets and resources of the Contractor which are necessary to permit continuous operation of the Registries and the ongoing efficient delivery of Included Services at the applicable Service Levels, and any assets identified as Critical Assets elsewhere under this Agreement or under any Registry Operating Agreement;

Critical Assets means the Closing Date Critical Assets and the Future Critical Assets.

Critical Assets means all improvements, assets, and Rights essential to ski resort operations owned or acquired by any Company; provided that the assets of the Whistler Acquisition Subsidiaries and the Peak Resorts Acquisition Subsidiaries shall not be deemed ‘Critical Assets’.”