Common Assets definition

Common Assets means property held by or on behalf of a Strata Corporation.
Common Assets means personal property held by or on behalf of the Strata Corporation created pursuant to Section 2 of the BC Strata Property Act or Association.
Common Assets means the portion of a resource under the joint ownership of Seller and one or more other Persons.

Examples of Common Assets in a sentence

  • The Consortium, as well as the execution of the subject matter of this Consortium Agreement and the use of the Common Assets, does not constitute a company between the Parties.

  • The Common Assets shall be used and/or consumed exclusively in the Consortium Operations.

  • Upon termination, the Common Assets shall be orderly settled by the Operator, and the proceeds of the sale of Common Assets not inuring to the benefit of the Contracting Party shall, under the Production Sharing Agreement, be divided among the Consortium Members according to their shares.

  • Upon termination, the Common Assets shall be orderly settled by the Operator, and the proceeds of the sale of Common Assets not inuring to the benefit of the Contracting Party, under the Production Sharing Agreement, shall be divided between the Consortium Members according to their shares.

  • The Audit Staff included a finding that PWW’s calculation for Return on Common Assets allocated to its affiliates included five deferred accounts relating to post-retirement benefits, and that these same five deferred accounts were included in the same calculation relating to PWW’s determination of “Unfunded FAS 106 and FAS 158 Costs” relative to the income tax effect of certain post-retirement costs.


More Definitions of Common Assets

Common Assets means personal property acquired for the use of all the Owners as well as the fixtures, pipes, wires and other facilities used for generation, storage, collection or distribution of water, sewage, drainage, electricity, telephone, garbage collection and other utility services;
Common Assets means personal property held by or on behalf of the Strata Corporationcreated pursuant to Section 2 of the BC Strata Property Act orAssociation.
Common Assets means assets owned jointly by the Practitioners, including Premises, the Intellectual Property, the GDS Contract, the Facilities, and the goodwill on the list of a Joint Associate but excluding the goodwill in the patients on the list of any Sole Associate
Common Assets means (i) installations and equipment built on or within the Demerged LTO Units from time to time and used by the Non-LTO Units or all the production units at the Doel and Tihange sites; or (ii) installations and equipment built on or within the Non-LTO Units or other production units at the Doel and Tihange sites (excluding the Demerged LTO Units) from time to time and used by the Demerged LTO Units or all the production units at the Doel and Tihange sites;
Common Assets means: any amount paid by the Beneficiary Member State to the Common Paying Agent pursuant to Clause 2.1; and any amounts received or recovered by the Common Paying Agent in relation to the Liabilities which shall be held on trust to be applied for the benefit of the Creditors pursuant to Clause 3.2 (Obligations in respect of turnover of receipts) or Clause 4.2 (Obligations in respect of turnover of receipts).
Common Assets means all assets not specifically identifiable to Aeronautical Assets & Non-Aeronautical Assets.