Luscar Contributed Assets definition

Luscar Contributed Assets means the assets of the Luscar/CONSOL Joint Ventures described in the Luscar Contribution Term Sheet, delivered to the Parties on the date hereof, which, pursuant to the Amended Plan, will ultimately be contributed to the Partnership and includes the Line Creek Mine, Cheviot, the Luscar Mine and a 46.4% interest in the Neptune Terminal and associated terminal contracts;
Sample 1Sample 2Sample 3
Luscar Contributed Assets means the assets of the Luscar/ CONSOL Joint Ventures that will be purchased by FCL pursuant to the terms of the Luscar/ CONSOL Joint Venture Asset Purchase Agreement. These assets primarily consist of the Line Creek mine, the undeveloped Cheviot mine project, the Luscar mine and a 46.4% interest in Neptune, excluding the Fording Royalty. Pursuant to the terms of the Fording Contribution Agreement, those assets will be contributed by Fording to the Partnership;
Sample 1
Luscar Contributed Assets means the assets of the Luscar/CONSOL Joint Ventures purchased by New Fording pursuant to the Arrangement and contributed to the Partnership. These assets consisted primarily of the Line Creek mine, the undeveloped Cheviot project, the Luscar mine and a 46.4% interest in Neptune.
Sample 1

Examples of Luscar Contributed Assets in a sentence

  • The Luscar Entities shall elect to assign the benefit of their British Columbia mining tax pools related to the Luscar Contributed Assets to New Fording.

  • Teck’s Distribution Entitlement in the Partnership may be increased to 40% and New Fording’s Distribution Entitlement in the Partnership may be diluted to 60% in the event that Partnership Synergies are achieved and/or Elkview Distributable Cash is increased from the combination of the Teck Contributed Assets and the Fording Contributed Assets (including the Luscar Contributed Assets).

  • The Partnership assumed working capital related to the Luscar Contributed Assets for a cash payment.

  • These adjustments add the results of operations of the Luscar Contributed Assets, as reported by Luscar, to the income statement of the Corporation.

  • The Parties shall co-operate in good faith to file any relevant elections in order to minimize taxes payable under Part IX of the Excise Tax Act (Canada), the Quebec Sales Tax Act and any other provincial or territorial legislation imposing taxes on the sale or transfer of the Fording Contributed Assets, Teck Contributed Assets, Luscar Contributed Assets and Prairie Operations.

  • The Arrangement also resulted in the purchase of the Luscar Contributed Assets by the Corporation in exchange for 6.4 million units of the Fund.

  • Fording transfers all its metallurgical assets (including the Luscar Contributed Assets) and Teck transfers its Elkview mine and other metallurgical coal assets into the Partnership that is owned 65% by the Fund and 35% by Teck.

  • In addition, certain reclamation liabilities related to the Luscar Contributed Assets are specifically excluded from the Arrangement and remain obligations of the Luscar/CONSOL Joint Venture.

  • The Partnership is also subject to a working capital adjustment for the Luscar Contributed Assets.

  • May 25, 1940 page 4 “Quilt Beautiful as a Painting Wins Its Skilled Maker $50” by Garnet Warfel: “Mrs.


More Definitions of Luscar Contributed Assets

Luscar Contributed Assets means the assets of the Luscar/CONSOL Joint Venture that will be purchased by FCL pursuant to the terms of the agreement between Fording, Luscar (and/or affiliated entities of OTPP and Sherritt) and CONSOL Energy Inc. (and its relevant subsidiaries) describing the terms on which FCL will purchase the Luscar Contributed Assets;
Sample 1

Related to Luscar Contributed Assets

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Contributed Interests has the meaning set forth in the recitals.

  • Contributed Property means each property or other asset, in such form as may be permitted by the Delaware Act, but excluding cash, contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to Section 5.5(d), such property shall no longer constitute a Contributed Property, but shall be deemed an Adjusted Property.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Purchased Assets has the meaning set forth in Section 2.1.

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

  • Invested Assets means cash, Cash Equivalents, short term investments, investments held for sale and any other assets which are treated as investments under GAAP.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Contributed Capital at any time, the aggregate amount which shall theretofore have been received by the Borrower as a contribution to its capital or as consideration for the issuance of partnership interests in the Borrower; Contributed Capital shall in any event exclude the proceeds of any Specified Affiliate Debt and any Restricted Equity.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Transferred Real Property has the meaning set forth in Section 1.1(p).

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Admitted assets means the amount thereof as of the last day of the most recently concluded annual statement year, computed in accordance with rule 191—5.6(505,515,520).

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.