Anode Plant definition
Examples of Anode Plant in a sentence
Century shall acquire the Anode Plant Property ultimately at the Completion Date in the condition the Anode Plant Property is found at the Completion Date.
The Anode Plant Property shall be used exclusively for the operation of the Anode Plant and related activities.
ZSP shall grant or shall procure that Century shall be granted a right of way (recht van overpad) in respect of the Cast House Plant and the Electrolyze Plant to the extent required by Century in respect of the use of the Anode Plant, including, for the avoidance of doubts, any rights of way with respect to infrastructure and mains services, power lines and equipment, information technology lines and equipment or other similar matters.
Century shall not be liable in any way in respect of the clean-up of the spent anodes at the Anode Plant Property nor for any costs in relation thereto.
Except for any changes due to ordinary wear and tear, on the date of expiry or termination of the Anode Plant Ground Lease, Century shall deliver the superficies belonging to the Anode Plant Property to ZSP in the same condition as it was on the Completion Date as set out in the Anode Condition Protocol and any additional buildings and structures shall be removed before the date of expiry or termination of the Anode Plant Ground Lease.
All expenses in relation to the transactions contemplated and effectuated by this Agreement, including extensions of the Cast House Ground Lease and the Anode Plant Ground Lease, shall be payable by UTB and Century, except for the legal fees and disbursements to be paid by each Party, which shall be paid by each Party itself.
The costs of the survey in respect of the buildings and structures on the Cast House shall be split between ZSP and UTB and the costs of the survey in respect of the buildings and structures on the Anode Plant shall be split between ZSP and Century.
The net proceeds of the Offering are expected to be used towards the development of the Matawinie Mine project and the LiB Anode Plant project, and for general working capital and corporate expense needs.
It is foreseen that for the exploitation of both the Cast House and the Anode Plant at least **** employees are required (**** in total).
The transfer tax (overdrachtsbelasting) due in respect of the initial five year term of the Anode Plant Ground Lease (the "de Rechten A" as defined in the draft notarial deed) as well as any extension thereof in accordance with Clause 2.3.5 shall be payable by Century.