Negotiated Assets definition

Negotiated Assets has the meaning given in the Works Coordination Agreement.
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Negotiated Assets means each asset described as such in the Works Coordination Agreement, as altered, repaired or reinstated from time to time. Negotiated Assets Access Rights has the meaning given in the Works Coordination Agreement.
Sample 1
Negotiated Assets means the Powerlink Negotiated Assets, the Owner IUSA Assets and Owner DNA Assets and Generator IUSA Assets and Generator DNA Assets (as applicable).
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Examples of Negotiated Assets in a sentence

  • This clause does not apply if Powerlink exercises its option to purchase the Owner Negotiated Assets under the Network Operating Agreement unless the Owner is in breach of its obligations in connection with the sale of the Owner Negotiated Assets to Powerlink.

  • Where Powerlink exercises its right to disconnect under clause 8.1 (“Emergency disconnection”), 8.3 (“Disconnection for Technical Breach”), 8.4 (“Disconnection for financial breach ”) it must reconnect the Powerlink Assets and the Negotiated Assets (as applicable) as soon as reasonably practicable after the condition leading to the disconnection has ended and all matters relevant to the exercise of the right of disconnection have been rectified to Powerlink’s reasonable satisfaction.

  • Other than a Purchase Option Security referred to in clause 15.7, the Owner must not create or permit to subsist any Encumbrance over the Owner Negotiated Assets.

  • If the Owner (or its Personnel) or Generator (or its Personnel) seeks access to Powerlink’s Entity Works or an Associated Site (other than at the Negotiated Assets Access Rights which is separately addressed in clause 12) for the purpose of the Generator Works or the Owner Works, the Owner and Generator must, and must each procure that its Personnel, comply with item 4 of Schedule 8.

  • Non-Preferred Equipment means equipment relating to the Owner Negotiated Assets that is not Preferred Equipment.

  • Powerlink is not obliged to reconnect the Powerlink Assets and the Negotiated Assets (as applicable) or the Generator Facility where it has refused to connect or has disconnected under this clause 8 (“Disconnection or refusal to connect”) unless the Generator has remedied the Technical Breach or taken steps to avoid the recurrence of the threat to the Powerlink Assets and the Negotiated Assets (as applicable) or Power System Security to Powerlink’s reasonable satisfaction.

  • Powerlink will charge the applicable Negotiated Assets Party, and the applicable Negotiated Assets Party must pay to Powerlink, the Charges for the inspection and testing services for the Negotiated Assets and the Negotiated Assets Access Rights provided under this agreement by Powerlink.

  • Powerlink will charge the Owner, and the applicable Owner must pay to Powerlink, the Charges for the inspection and testing services for the Negotiated Assets and the NAPA Rights provided under this agreement by Powerlink.

  • The applicable Negotiated Assets Party must comply with the Stakeholder and Landholder Requirements in connection with the exercise of rights and performance of obligations under clauses 12.1 to 12.3.

  • During the period commencing on the Start Date and ending on the First Practical Completion Date, the Owner agrees, at its own Cost, to operate and maintain all of the Powerlink Negotiated Assets which are installed or located on the Negotiated Assets Access Rights, in accordance with the Delivery Specification.


More Definitions of Negotiated Assets

Negotiated Assets means the asset or assets specified as such in the Details, as altered, repaired or reinstated from time to time.
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Related to Negotiated Assets

  • 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.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • 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.

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

  • 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.

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

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

  • 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.

  • Receivables Related Assets means accounts receivable, instruments, chattel paper, obligations, general intangibles and other similar assets, in each case relating to receivables subject to the Permitted Receivables Facility, including interests in merchandise or goods, the sale or lease of which gave rise to such receivables, related contractual rights, guaranties, insurance proceeds, collections and proceeds of all of the foregoing.

  • Receivables and Related Assets means (a) accounts receivable, instruments, chattel paper, obligations, general intangibles, equipment and other similar assets, including interests in merchandise or goods, the sale or Lease of which gives rise to the foregoing, related contractual rights, guarantees, insurance proceeds, collections and other related assets, (b) equipment, (c) inventory and (d) proceeds of all of the foregoing.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

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

  • Specified Assets the following property and assets of such Grantor:

  • 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).

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

  • Subject Business means the policy or policies that are

  • Sold Assets has the meaning set forth in Section 2.01(b).

  • 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.

  • Specified Asset Sale has the meaning specified in Section 2.05(b)(vi).

  • Reference Interconnection Offer or “RIO” means a document published by a service provider specifying terms and conditions on which the other service provider may seek interconnection with such service provider;

  • Affected Assets means, collectively, the Receivables and the Related Security, Collections and Proceeds relating thereto.

  • Consolidated Assets means all assets which should be listed on the consolidated balance sheet of the Borrower and its Subsidiaries, as determined on a consolidated basis in accordance with GAAP.

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

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Permitted Asset Sale means any Asset Sale that is permitted under Section 6.8.