Energy property definition

Energy property means certain property intended to reduce
Energy property means any utility company, gas transmission or pipeline company or electric generating company or facility, but shall in no event include interests in or development of oil, gas, natural resources and mineral rights. A Competing Transaction shall not include construction to expand or improve existing pipelines or other facilities.
Energy property means equipment using solar energy to generate electricity, to heat or cool (or provide for hot water for use in) a structure, or to provide solar process heat, but not pool heaters.

Examples of Energy property in a sentence

  • Tangible personal property or equipment produced or acquired as part of this Agreement will be accounted for and maintained during the term of the Agreement in the same manner as Department of Energy property or equipment.

  • The Subcontractor will be responsible for appropriate action to avoid and/or immediately correct and control any of the following activities by its personnel on government facilities or adjacent Department of Energy property; any criminal, unsafe or immoral conduct; the willful damage to, the misappropriation of, or misuse of government property; or any other careless, abusive, or disorderly conduct.

  • Energy property may qualify as originally placed in service even though it contains some used components of property, provided the fair market value of the used components of property is not more than 20 percent of the energy property’s total value (the cost of the new components of property plus the value of the used components of property) (80/20 Rule).

  • Energy property must meet quality and performance standards, if any, that have been pre- scribed by the Secretary (after con- sultation with the Secretary of En- ergy) and are in effect at the time of acquisition.(2) Time of acquisition.

  • Existing items considered to fall within the definition of water-based recreational equipment are not authorized and must be removed from within the Project Boundaries and Duke Energy property.

  • If the Supplier is performing work on Hoosier Energy property, the Supplier agrees to secure and maintain in force minimum policies of insurance of the types and amounts listed below.

  • Any person performing work for the Supplier is required to have an “Available” MICCS card prior to the performance of work on Hoosier Energy property.

  • Operations outside the Project Boundaries on Duke Energy property will have to be authorized with concurrence of Duke Energy’s Real Estate Department.

  • The Supplier agrees to comply with this requirement and understands that access to Hoosier Energy property will be denied in the event that there is a compliance failure.

  • Florida requires the following licenses:● The Limited Certification for Governmental Pesticide Applicators or Private Applicators, Structural Category is required for application of both General and Restricted Use pesticides by employees on Progress Energy property in Florida.


More Definitions of Energy property

Energy property means certain property intended to reduce the amount of oil, natural gas, or other energy consumed in heating or cooling a building or used in an industrial process. Energy property includes:
Energy property means property described in Section 48(a)(3)(A)(i) of the Current Internal Revenue Code.
Energy property means collectively, fourteen Energy Units;
Energy property means property which is:
Energy property means any qualifying property if (1) either (i) the construction, reconstruction, or erection of the property is completed by the taxpayer or (ii) the property is acquired by the taxpayer and the original use of such property commences with the taxpayer, and (2) depreciation (or amortization in lieu of depreciation) is allowable with respect to such property. Code Section 48(a)(3)(B)-(C).

Related to Energy property

  • Energy project means the installation or modification of an energy efficiency improvement or the acquisition, installation, or improvement of a renewable energy system.

  • railway property means any railway belonging to Network Rail and—

  • Renewable energy project means (A) a project

  • energy infrastructure means any physical equipment or facility which is located within the Union or linking the Union to one or more third countries and falling under the following categories:

  • energy poverty means a household’s lack of access to essential energy services that underpin a decent standard of living and health, including adequate warmth, cooling, lighting, and energy to power appliances, in the relevant national context, existing social policy and other relevant policies;

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Agricultural property means property that is used primarily for agricultural purposes but, without derogating from section 9 of the Act, excludes any portion thereof that is used commercially for the hospitality of guests, and excludes the use of the property for the purpose of eco-tourism or for the trading in or hunting of game;

  • Environmental Infrastructure Facilities means Wastewater Treatment Facilities, Stormwater Management Facilities or Water Supply Facilities (as such terms are defined in the Regulations).

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Guaranteed Energy Production or “GEP” has the meaning set forth in Section 3.1(e)(ii).

  • Water Infrastructure Charge means such a charge as is described in section 146(2)(a) of the Water Industry Act 1991;

  • Environmental Infrastructure System means the Environmental Infrastructure Facilities of the Borrower, including the Project, for which the Borrower is receiving the Loan.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • 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.

  • Energy Payment The amount that Company will pay Seller for electric energy delivered to Company in accordance with the terms and conditions of this Agreement on a monthly basis as set forth in Attachment J (Company Payments for Energy, Dispatchability and Availability of XXXX) to this Agreement.

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Critical Energy Infrastructure Information means all information, whether furnished before or after the mutual execution of this Agreement, whether oral, written or recorded/electronic, and regardless of the manner in which it is furnished, that is marked “CEII” or “Critical Energy Infrastructure Information” or which under all of the circumstances should be treated as such in accordance with the definition of CEII in 18 C.F.R. § 388.13(c)(1). The Receiving Party shall maintain all CEII in a secure place. The Receiving Party shall treat CEII received under this agreement in accordance with its own procedures for protecting CEII and shall not disclose CEII to anyone except its Authorized Representatives.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • City Property means any real property owned by City, whether in fee or other ownership estate of interest.

  • Transportation project or "project" means any or the

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • Energy efficiency project means an energy efficiency measure or combination of measures undertaken in accordance with a standard offer or market transformation program.

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