Plant Assets definition

Plant Assets means assets that would be included in "property, plant and equipment" reflected in the consolidated balance sheet of Company and its Subsidiaries.
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Plant Assets has the meaning set forth in Section 2.01(a)(xiii).
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Plant Assets means all of Respondents’ rights, title, and interest in and to all assets, tangible and intangible, relating to, used in, or reserved for use in, its Cement and Slag plant operations, including but not limited to, all: real property, whether owned or leased, and including any quarries, pits, or other natural resource rights (together, in each case, with all easements, rights of way, buildings, improvements, and appurtenances); personal property; equipment, machinery and tools; furniture and fixtures; vehicles, railcars, barges or other transportation vessels; storage facilities; inventory and supplies; raw materials; books and records; contracts; customer and vendor lists; licenses, government approvals, registrations, permits, and applications (to the extent transferable); telephone and fax numbers; and goodwill;
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Examples of Plant Assets in a sentence

  • Vehicles and equipment 283,752 -Office and information technology 75,334 -InfrastructurePlants and facilities 37,203,340 -Assets under construction 1,471,644 - 39,034,070 - Restructuring transaction:The Corporation entered into an Agreement to Transfer Assets with the City of Regina and the City of Moose Jaw on December 29, 2017 whereby each city agreed to transfer their respective ownership interest of Plant Assets that were used, operated and maintained by the Corporation to the Corporation.

  • The purpose of this restructuring transaction was to ensure the Plant Assets are properly reflected in the financial statements of the Corporation.

  • Accordingly, Petitioners estimate that approximately $293,102 will be debited to Water Plant Assets and $141,326 will be credited to Accumulated Depreciation, $36,678 will be credited to Contributions in Aid of Construction (“CIAC”) and $14,671 will be debited to Accumulated Amortization of CIAC, $150,000 credited to cash as the purchase price, and $20,225 will be debited as the acquisition adjustment.

  • The Elan Companies shall bear all risk of loss with respect to the Plant and the Plant Assets unless and until the Closing occurs.

  • The Corporation will continue to use and operate the Plant Assets to reliably and efficiently provide Regina and Moose Jaw with safe, high-quality and affordable drinking water.

  • In further consideration for the Contribution of the Contributed Assets, Nuclear Genco hereby agrees to issue to Penn Power a promissory note (the "Note"), substantially in the Form of Exhibit A hereto, in a principal amount equal to the value of the Other Plant Assets less the amount of the Assumed Liabilities (as defined in paragraph 4c below).

  • This implies that the University properlydispose the fixed asset, decisions are made regarding disposal of fixed assets without detail assessment and some fixed assets installed in proper place.Table 6: Description Table for Maintenance and Safeguarding of Plant Assets.

  • All tangible personal property (other than Product Inventory) included in the Transferred Assets (including the Plant Assets) are suitable for the purposes for which they are used, in good working condition, reasonable wear and tear excepted, and are free from any known defects.

  • This implies that there is updated data information about the fixed in the University.Table 5: Description of Disposal of Plant Assets as Per Legislation.

  • MWC BS – Maintain DCPP Plant Assets – includes all preventative and corrective maintenance activities for systems, structures, and components at the plant.


More Definitions of Plant Assets

Plant Assets means Seller’s interest (including the FPL Ownership Interest) in all assets, properties, rights and interests of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, and whether at or deliverable to the Plant Site), and any goodwill related thereto, owned or leased by, or licensed to, Seller as of the Closing Date, in each case, which relate to or are used or held for use in connection with the operation, maintenance, repair, ownership or use of Plant Daniel and the Plant Daniel Common Facilities, including all such assets, properties, rights and interests as set forth in the Plant Contracts, and also including the following assets, properties, rights and interests:
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Plant Assets has the meaning set forth in the recitals to this Agreement.
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Plant Assets means all Property comprising the Plant, and shall include the Owner's Plant Assets of each Owner and the Jointly-Owned Property.
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Plant Assets means the equipment, inventories and other assets owned set out in Schedule 1;
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Plant Assets means the pieces of capital equipment, as designated by the parties, located at the Plant.
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Plant Assets shall have the meaning given thereto in the Sale of Business Agreement;
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Related to Plant Assets

  • Current Assets means, as of any applicable date, all amounts that should, in accordance with GAAP, be included as current assets on the consolidated balance sheet of Borrower and its Subsidiaries as at such date.

  • 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, kilometer-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centers, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Plant and Equipment means permanent plant, equipment, machinery, apparatus, articles and things of all kinds to be provided and incorporated in the Facilities by the Contractor under the Contract (including the spare parts to be supplied by the Contractor under GCC Sub-Clause 3.3 hereof), but does not include Contractor’s Equipment.

  • Consolidated Net Tangible Assets means total assets (less depreciation and valuation reserves and other reserves and items deductible from gross book value of specific asset accounts under GAAP) after deducting therefrom (i) all current liabilities and (ii) all goodwill, trade names, trademarks, patents, unamortized debt discount, organization expenses, and other like intangibles, all as set forth on the most recent balance sheet of the Company and its consolidated Subsidiaries and computed in accordance with GAAP.