Completion Assets definition

Completion Assets means the Completion Books and Records, the Completion Business Agreements, the Completion Fixtures and Fittings, the Drilling Agreements (other than the NLN Drilling Agreement), the Rigs and the Rig Assets, excluding the Excluded Assets and the NLN Assets;
Completion Assets means an existing functional plant relating to the Business and all its related assets, or all of the shares held by the Company of an entity which directly owns such a plant, or cash, with a value of no less than the Completion Amount.
Completion Assets means any item of economic value to JVS (to the extent not funding a liability being transferred on a Fully Funded Basis or an ST Transferred Liability) of the ST Business that ST transfers to the JVS under Clauses 7.3(A)(i) and 7.3(A)(ii) of this Agreement including but not limited to cash (to the extent not extracted), goodwill, patents, trademarks, inventories, property, plant, equipment, equity investments and deferred tax assets but excluding the ST Excluded Assets (other than cash to the extent not extracted prior to transfer);

Examples of Completion Assets in a sentence

  • The Completion Assets will include all goods, materials and equipment related to the Rigs that are on order at Completion.

  • OT BVI, as vendor Completion of the disposal agreement in respect of OT Korea Simultaneously at Completion Assets to be disposed 3% interests in OT Korea at a consideration of HK$841,728.

  • The option under this Section 1.70 shall only be exercisable by the Company if there shall have been a Closing and at the Closing the Company shall have transferred to NewCo the Current Assets, and, if required, the Completion Assets as contemplated by this Agreement.


More Definitions of Completion Assets

Completion Assets means the assets of the Company as set forth in the Completion Accounts;

Related to Completion Assets

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Connection Assets means that portion of the distribution system used to connect a customer to the existing main distribution system, and consists of the assets between the point of connection on a distributor’s main distribution system and the ownership demarcation point with that customer;

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Subject Assets is defined in Section 2.2(c).

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Improvement completion assurance means a surety bond, letter of credit,

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Operating Equipment means furniture, furnishings, special lighting fixtures, carpeting, draperies, decorations or other special finishing work, signs, appliances and trade fixtures and equipment that is furnished, installed or used by the Contractor in its operations on the Airport. It does not include Fixed Improvements, or repair or maintenance of Operating Equipment or Fixed Improvements or displays or decorations that are of a seasonal or temporary promotional nature.

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Completion means the fulfilment of the Related Services by the Supplier in accordance with the terms and conditions set forth in the Contract.

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Construction Work means any work in connection with⎯

  • Project Equipment means the items of machinery, equipment or other personal property used in connection with the construction and development of the Project pursuant to the provisions hereof, and all replacements thereof and substitutions therefor made pursuant to this Agreement.

  • Construction Activities means the disturbance of soils associated with clearing, grading, excavation activities or other construction-related activities.

  • construction site means a workplace where construction work is being performed;