Growth Project definition

Growth Project means (a) any capital asset expansion or capital asset enhancement which increases the commercial operating capacity of the Company’s or its Subsidiaries’ pre-existing operations (measured immediately prior to completion of such expansion or enhancement), (b) any greenfield project of the Company or its Subsidiaries, or (c) any Identified Growth Project, in each case, that (i) is approved by the Board, (ii) has not previously reached the point of commercial operation as of the Initial Closing, (iii) is made to increase the long-term operating capacity or asset base of the Company and its Subsidiaries, (iv) for which the Company or its Subsidiaries initially enter into only fee-based contracts with customers for terms approved by the Board, and (v) has an approved budget of $5 million or more. For the avoidance of doubt and notwithstanding anything in the foregoing to the contrary, in no event shall operating or maintenance expenditures (including capital expenditures in connection therewith) or any assets acquired or built with such expenditures be considered as Growth Projects.
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Growth Project has the meaning assigned to such term in the definition of “Growth Capital Expenditures”.
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Growth Project means (a) any capital asset expansion or capital asset enhancement which increases the commercial operating capacity of the Company’s or its Subsidiaries’ pre-existing operations (measured immediately prior to completion of such expansion or enhancement), (b) any greenfield project of the Company or its Subsidiaries, or (c) any Identified Growth Project, in each case, that (i) is approved by the Board, (ii) has not previously reached the point of commercial operation as of the Initial Closing, (iii) is made to increase the long-term operating capacity or asset base of the Company and its Subsidiaries, (iv) for which the Company or its Subsidiaries initially enter into only fee-based contracts with customers for terms approved by the Board, and
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Examples of Growth Project in a sentence

  • Following the negotiation process, USAID Cooperation for Growth Project will request a written approval from USAID prior to executing the subcontract, if required under the terms of the prime contract.

  • The Ministry of Agriculture and Forestry (MoAF) has received financing from the World Bank in the form of a loan (hereinafter called “loan”) toward the cost of the “Türkiye Climate Smart and Competitive Agricultural Growth Project (TUCSAP)” (the Project).

  • The project will build on the ongoing GMS Tourism Infrastructure for Inclusive Growth Project, implemented in Cambodia, the Lao PDR, and Viet Nam (2014–2019).

  • The Government of Republic Indonesia has received financing from the Asian Development Bank (ADB) toward the cost of Advanced Knowledge and Skills for Sustainable Growth Project.

  • I am from IMPAQ International, a U.S.-based international policy research, technical assistance, and evaluation company.IMPAQ is conducting a final evaluation of the USAID’s Cooperation for Growth Project or CFG.

  • This EMP is one of the five EMPs that have been prepared for the nine subprojects of the Second GMS Tourism Infrastructure for Inclusive Growth Project in Viet Nam.

  • The Second Greater Mekong Subregion Tourism Infrastructure for Inclusive Growth Project will improve urban-rural transport infrastructure and urban environmental services, strengthen capacity to implement regional tourism standards, and strengthen tourism destination management in Cambodia, the Lao People’s Democratic Republic (Lao PDR) and Viet Nam (CLV).

  • The Offeror acknowledges that the following persons are authorized to negotiate on its behalf with the USAID Cooperation for Growth Project and to bind the Offeror in connection with this Award or Contract: Name Title Telephone No. Facsimile No.

  • The project will build on the ongoing GMS Tourism Infrastructure for Inclusive Growth Project, implemented in Cambodia, Lao PDR, and Viet Nam.

  • The second Greater Mekong Subregion (GMS) Tourism Infrastructure for Inclusive Growth Project will develop small scale infrastructure to improve tourist facilities and develop and strengthen management capacity to enhance tourism at selected locations in Cambodia.

Related to Growth Project

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.