New Project Assets definition

New Project Assets collectively the movable and immovable assets required to be obtained by the Private Party for purposes of the Project, but excluding the Institution Assets and cash, and including the SANParks Thesens Island Restaurant, the KOC Fixtures, any books and records, any spare parts and tools, and the Intellectual Property, or if the context is appropriate, any one of the New project assets;
Sample 1Sample 2
New Project Assets. The movable assets, other than the Sale Assets and any replacement assets as per Clause 18.7.3, acquired by the Private Party to operate the Skukuza Airport as the relevant category airport;
Sample 1
New Project Assets collectively the movable and immovable assets acquired or constructed by the Private Party for purposes of the Project, but excluding the Institution Assets and cash, and including any books and records, any spare parts and tools, and the Intellectual Property, or if the context is appropriate, any one of the New project assets;
Sample 1

Examples of New Project Assets in a sentence

  • Midtown Tunnel Projected Cash Flows to the Substantial Completion of the New Project Assets Date (Dollars in Millions) Table 15.

  • In order to effectuate the dam removal and site restoration, the New Project Assets Owner is likely to enter into a Dam Removal and Restoration Agreement with a Project Contractor under a contract procurement process that is still to be established.

  • Strong Project Contractor qualifications significantly reduce the risk to the New Project Assets Owner of Project Contractor non-performance.

  • Deductibles provided for under any insurance policies maintained by the New Project Assets Owner, as well as costs exceeding policy limits, may affect the sufficiency of available Project funds.

  • Regulatory permits will probably limit the New Project Assets Owner’s potential liability for natural resources damages resulting from performance of a permitted activity.

  • Just as some geometricobjects can be 2-dimensional or 3-dimensional, there can also exist objects that have dimensions of 1 , 7 , or 2.43.

  • If the Project Contractor was negligent in performing the work, the Project Contractor is likely to be obligated under the Dam Removal and Restoration Agreement to indemnify the New Project Assets Owner for some of such losses and expenses.

  • Various contracting arrangements are expected to be put in place prior to title transfer and sequenced in a way that permits a procurement for the Project Contractor to be conducted by the New Project Assets Owner before actual ownership of the Project Assets is transferred.

  • The New Project Assets Owner can be expected to enter into Project Funding Agreements with California and Oregon.

  • Due to concerns expressed by both the New Project Assets Owner and the Project Contractor, best practice is to investigate the potential presence of hazardous substances and other pollution conditions as thoroughly as possible (phase 1 and phase 2 environmental assessments) before a contract is executed in order to mitigate risk to the maximum extent practicable.

Related to New Project Assets

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

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

  • Redevelopment project means any work or undertaking

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Project area budget means a multiyear projection of annual or cumulative

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Development Project means a project for the development of land within a

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

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Redevelopment Property means a property owned by the Company or a Consolidated Subsidiary (a) where the commenced leased square footage is less than 60% of the sum of net rentable square feet and redevelopment space, with reasonable adjustments to leased square footage determined in good faith by the Company, including adjustments for available power, required support space and common area and (b) that the Company reasonably characterizes as held in whole or in part for redevelopment.

  • Project Equipment means the items of machinery, equipment or other personal property used in connection with the construction and development of the Project pursuant to the provisions hereof, and all replacements thereof and substitutions therefor made pursuant to this Agreement.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • New property means (i) the assessed value, after final

  • Project Area means THE AREA WHERE WORK IS BEING PERFORMED FOR THE CITY OF SUFFOLK, VIRGINIA.

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan; and

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Project area plan means a written plan that, after the plan's effective date, guides and controls the development within a project area.

  • Developed Land means non-vacant land that is likely to be redeveloped during the planning period.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;