Genco Assets definition

Genco Assets means all of the generation assets (as that term is defined in Section 39.251(3) of the Utilities Code) that belonged to the Reliant Energy HL&P Division of REI before such assets were conveyed, assigned, transferred and delivered to ▇▇▇▇▇ ▇▇ pursuant to a ▇▇▇▇ of Sale and Assignment dated as of August 31, 2002 (the "▇▇▇▇▇ ▇▇▇▇ of Sale"). The Genco Assets include, without limitation, the generation plants and other assets and contract and permit rights associated with those generation plants as described in the ▇▇▇▇▇ ▇▇▇▇ of Sale. The methodology for determining the demarcation between Genco Assets and CenterPoint's transmission and distribution assets is set forth in Section D of the Business Separation Plan.
Genco Assets means all of the generation assets (as that term is defined in Section 39.251(3) of the Utilities Code) of the Reliant Energy HL&P Division of REI. The Genco Assets shall include, without limitation, the generation plants and other assets set forth in Schedule 1.15 and contract and permit rights associated with those generation plants. The methodology for determining the demarcation between Genco Assets and transmission and distribution assets is set forth in Section D of the Business Separation Plan.
Genco Assets has the meaning assigned to that term in Section 1.15 of the Master Separation Agreement, as such assets may exist from time to time, including all additions thereto and betterments, improvements and replacements thereof.

Examples of Genco Assets in a sentence

  • Upon transfer of the Genco Assets to Genc▇ ▇▇, ▇▇l rights and obligations associated with REI's interest in the South Texas Project Electric Generating Station shall become the rights and obligations of Genc▇ ▇▇, ▇▇cluding, without limitation, the interest of beneficiary under that certain Trust Agreement, originally dated as of July 2, 1990, as amended and restated to date, between Houston Lighting & Power Company and Mellon Bank, N.A., as Trustee.

  • The Genco Assets shall include, without limitation, the generation plants and other assets set forth in Schedule 1.15 and contract and permit rights associated with those generation plants.

  • Genco Business" means the electric generation business and operations conducted with the Genco Assets.

  • On and after the Genco Organization Date, Genco will comply, and will cause each of its Subsidiaries to comply, with all applicable laws and regulations applicable to Genco or the Genco Assets, including without limitation all Environmental Laws, except where failure to do so would not result in a Material Adverse Effect and is consistent in all material respects with Good Operating Practices.

  • Genco Business" shall mean the electric generation business and operations conducted with the Genco Assets.

  • Genco Assets" means all of the generation assets (as that term is defined in Section 39.251(3) of the Utilities Code) of the Reliant Energy HL&P Division of REI.

  • The methodology for determining the demarcation between Genco Assets and transmission and distribution assets is set forth in Section D of the Business Separation Plan.

  • Each instrument of transfer shall contain a representation and warranty that the portion of the Genco Assets transferred thereby shall be free and clear of the lien of the Mortgage and all other liens and security interests securing Indebtedness.

  • The term of this Agreement shall commence on the date hereof and shall remain in effect through the earlier of (i) the Option Closing Date, (ii) the sale or disposition by REI, directly or indirectly, of Genc▇ ▇▇ ▇▇ of all or substantially all of the Genco Assets, and (iii) May 31, 2005 or until such earlier time as all Services are terminated as provided in this Section.

  • Genco Assets" has the meaning assigned to that term in Section 1.15 of the Separation Agreement.


More Definitions of Genco Assets

Genco Assets has the meaning assigned to that term in Section 1.15 of the Separation Agreement.
Genco Assets means any and all current or future assets, rights, and properties (including any Subsidiaries) of the Company and Subsidiaries.
Genco Assets means all of the generation assets (as that term is defined in Section 39.251 of the Utilities Code) of TXU Electric, including, without limitation, the real and personal property, contract rights and other assets conveyed to a member of the Genco Group pursuant to the Genco Separation Documents (including any such assets that may be further conveyed to a member of the Genco Group after the Separation Date pursuant to Section 6.2(a) hereof) and any asset acquired by any member of the Genco Group after the Separation Date. For purposes of this definition, any asset that relates to the Genco Business, but was inadvertently transferred to a member of a Group other than the Genco Group, shall be and become part of the "Genco Assets" for all purposes on the Separation Date.
Genco Assets means all assets primarily used in connection with the generation of electric power by the San ▇▇▇▇ Project.