Acquisition of capital assets. None of the Borrowers shall acquire any capital assets (including any vessel other than the Ships) by purchase, charter or otherwise, provided that for the avoidance of doubt nothing in this Clause 11.2(m) shall prevent or be deemed to prevent capital improvements being made to the Ships.
Acquisition of capital assets. The Guarantors shall not acquire any capital assets (including any vessel other than a Ship) by purchase, charter or otherwise, provided that for the avoidance of doubt nothing in this Clause 11.2(l) shall prevent or be deemed to prevent capital improvements being made to a Ship.
Acquisition of capital assets. The organisation may acquire a range of assets such as: Land Buildings Plant and Machinery Vehicles Long Term Contracts Capital assets may be acquired for the purposes of the organisation in general, for example for use by the organisation for operational purposes, or may be specifically acquired for the purpose of carrying out contractual obligations on behalf of Member Councils, for example Land may be acquired in support of a specific waste facility.
Acquisition of capital assets. 10. a) Any capital asset created or acquired by t h e Lunenburg Transit Authority shall be owned by the Authority. Attached as Schedule A are the assets of the Lunenburg Transit Authority as of Month Day Year
Acquisition of capital assets. None of Holdings or any other Obligor shall acquire any capital assets (including any ship other than a Ship or UP RUBI) by purchase, chartering-in or otherwise, provided that for the avoidance of doubt nothing in this Section 1.15 shall prevent or be deemed to prevent capital improvements being made to a Ship in compliance with Section 12.3 (Payments of Operating Expenses from Current Accounts) or related to the ability to register and/or operate any Ship in the REB.
