New Capital Projects definition

New Capital Projects shall have the meaning given such term in Section 6.9.
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New Capital Projects shall have the meaning given such term in Section 6.9(b). “Notice Period” shall have the meaning given such term in Section 10.4(c). “Ordinary Course of Business” shall mean the ordinary course of business consistent with past practices. “Permits” shall have the meaning given such term in the definition of Assets. “Permitted Encumbrances” shall mean the following: (a) the terms, conditions, restrictions, exceptions, reservations, limitations, and other matters contained in any document creating the Real Property Interests, or in any Permit or Contract; (b) Liens for property Taxes and assessments that are not yet due and payable (or that are being contested in good faith by appropriate Proceedings for which adequate reserves in accordance with GAAP have been established on the books of account of the applicable Entity); (c) mechanic’s, materialmen’s, repairmen’s and other statutory Liens arising in the Ordinary Course of Business and securing obligations incurred prior to the Effective Time and (i) for which adequate reserves in accordance with GAAP have been established on the books of account of the applicable Entity, or (ii) that are not delinquent and that will be paid and discharged in the Ordinary Course of Business or, if delinquent, that are being contested in good faith with any action to foreclose on or attach any Assets on account thereof properly stayed and for which adequate reserves in accordance with GAAP have been established on the books of account of the applicable Entity;
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New Capital Projects means, collectively, (i) the expansion of the Company's dichloroanaline ("DCA") capacity to eliminate the need for purchases of DCA as a raw material in the production of propanil, (ii)
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Examples of New Capital Projects in a sentence

  • Upon payment of the reimbursement described herein, Shipper shall convey to Gatherer, and Gatherer shall thereafter own and operate, the facilities constructed by Shipper, and all such facilities shall constitute Approved New Capital Projects.

  • Shipper shall have the ability to designate Receipt Points that would receive either the Low Pressure System or Medium Pressure System service requirements with sufficient notice to Gatherer for any New Capital Projects needed to make such adjustment as provided for in Section 6.2 of this Agreement.

  • If Shipper’s tenders of Gas for Gathering exceed the Shipper Gas Capacity after the In-Service Date for any Approved New Capital Project, as applicable, then Shipper shall waive the applicable Base Pressure Requirements with respect to the particular Sub-System until the Gas volumes being tendered for Gathering are equal to or less than the Shipper Gas Capacity or until such time as Gatherer expands the Facilities with one or more additional Approved New Capital Projects.

  • Any revenues received from Third Party Gas utilizing Shipper Gas Capacity in New Capital Projects that has not been used to offset any Volume Commitments, as applicable, under the Mamm Creek Gas Gathering Agreement or the South Parachute and Orchard Gas Gathering Agreement (the “Third Party Volume Revenues”) shall count towards Shipper’s Capital Payout Commitment as provided in Section 8.2(a)(iii).


More Definitions of New Capital Projects

New Capital Projects means one or a combination of Nondiscretionary New Projects, Carrier New Projects, and Discretionary New Projects as the context requires.
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