Australian Assets definition

Australian Assets means the GM Acquired Assets located or taken to be located in Australia.
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Australian Assets means any of the shares of Caterair Airport Services Pty Limited owned by Caterair Australia Pty Limited which Qantas Flight Catering Holdings Limited has the option to acquire pursuant to the exercise of the call options respectively described in clauses 19A, 19B and 19C of the Restated Shareholders Deed made on December 18, 1996 among Caterair Airport Services Pty Limited, Caterair Australia Pty Limited, CII, OFSI, Qantas Airways Limited and Qantas Flight Catering Holdings Limited.
Sample 1
Australian Assets means the portfolio of assets held by TEA, consisting of 425 MW of power generation from six operating assets, which are operational and contracted under long-term contracts, the 150 MW South Hedland Power Station Project that is currently under construction, as well as a recently commissioned 270 km gas pipeline.
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Examples of Australian Assets in a sentence

  • The Corporation recognizes finance and interest income when declared on our investments in the Australian Assets, inclusive of the impacts of any contingent gains when recognized by TransAlta.

  • The Corporation's investment in the Australian Assets is through an economic interest that provides after-tax finance and interest income based on EBITDA of the underlying facilities.

  • As part of the acquisition of the Australian Assets, the Corporation entered into a Guarantee and Indemnification Agreement in favour of TransAlta related to certain guarantees TransAlta has provided to third parties in respect of certain obligations of TEA (the “TEA Guarantees”).

  • TransAlta will continue to own, manage, and operate the Australian Assets.

  • While the Corporation is not directly involved in the ongoing dispute with FMG over the purported termination of the South Hedland PPA, the results of the litigation could impact the finance income received as a result of the Corporation's economic interest in the Australian Assets.

  • As part of the acquisition of the Australian Assets, we entered into a Guarantee and Indemnification Agreement in favour of TransAlta related to certain guarantees it has provided to third parties in respect of certain obligations of TEA (the “TEA Guarantees”).

  • Indemnification GuaranteeAs part of the acquisition of the Australian Assets, we entered into a Guarantee and Indemnification Agreement in favour of TransAlta related to certain guarantees it has provided to third parties in respect of certain obligations of TEA (the “TEA Guarantees”).

  • FMG DisputeWhile the Corporation is not directly involved in the ongoing dispute with FMG over the purported termination of the South Hedland PPA, the results of the litigation could impact the finance income received as a result of the economic interest in the Australian Assets.

  • While the Corporation is not directly involved in the ongoing dispute with FMG over the purported termination of the South Hedland PPA, the results of the litigation could impact the finance income received as a result of the economic interest in the Australian Assets.

  • The economic interest in the Australian Assets was partially funded with project debt from the TEC Notes of $782 million.


More Definitions of Australian Assets

Australian Assets means assets in Australian currency within Australia, other than such amounts as may be approved by the Treasurer.
Sample 1
Australian Assets means all of the assets that are material and necessary for the operation of the Australian Business, including those Contracts set forth on Schedule 1.1(h); provided, however, that the Australian Assets (i) shall not include any Contracts related to the Australian Business other than those set forth on Schedule 1.1(h), and (ii) shall not include the Excluded Australian Assets, in either case, without regard to whether such Contracts or such assets are material or necessary to the Australian Business.
Sample 1
Australian Assets means assets of the Borrower's Subsidiaries including, without limitation, Investments held by any Subsidiary in WA Gas Holdings Pty Ltd., Power Partnership Pty Ltd., or Energy Partnership Holdings Pty Ltd.
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Australian Assets means assets situated, or deemed by law to be situated, in Australia ;
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Related to Australian Assets

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Foreign Assets means any of the Portfolios’ investments (including foreign currencies) for which the primary market is outside the United States and such cash and cash equivalents as are reasonably necessary to effect the Portfolios’ transactions in such investments.

  • UK CRR means Regulation (EU) No. 575/2013 on prudential requirements for credit institutions and investment firms of the European Parliament and of the Council of 26 June 2013, as amended or supplemented, as it forms part of domestic law in the UK by virtue of the EUWA.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Loan Assets means, collectively and as applicable, the Initial Loan Assets, the Substitute Loan Assets and the Additional Loan Assets, as applicable.

  • Australian Consumer Law means the Australian Consumer Law set out in Schedule 2 of the Competition and Consumer Act 2010 (Cth).

  • UK Loan Party means any Loan Party incorporated under the laws of England and Wales.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Australian Dollar means the lawful currency of Australia.

  • Foreign Asset Sale shall have the meaning provided in Section 5.2(i).

  • Canadian Collateral means any and all property of any Canadian Loan Party covered by the Collateral Documents and any and all other property of any Canadian Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Canadian Secured Obligations.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Canadian Tax Act means the Income Tax Act (Canada), as amended.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Canadian means one of the following: (a) a company or association incorporated or organized under the laws of Canada, or its designated representative(s) irrespective of nationality; (b) an agency of a federal, provincial, or local government in Canada, or its designated representative(s) irrespective of nationality; or (c) a self-representing individual who is a Canadian citizen residing in Canada.

  • Australian Dollars means the lawful currency of Australia.

  • Dutch Loan Party means a Loan Party incorporated under the laws of the Netherlands.

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

  • Australian Corporations Act means the Corporations Xxx 0000 (Cth) of Australia.

  • Sanctions and Export Control Laws means any applicable Law related to (a) import and export controls, including the U.S. Export Administration Regulations, (b) economic sanctions, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, the European Union, any European Union Member State, the United Nations, and Her Majesty’s Treasury of the United Kingdom or (c) anti-boycott measures.

  • UAE means the United Arab Emirates.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • UK means the United Kingdom of Great Britain and Northern Ireland.