Production Assets definition

Production Assets means property, plant and equipment of the Group determined in accordance with the Accounting Principles which are used in the business of the Group.
Production Assets means the machinery and equipment (and related gauges and fixtures used for assembly) that are used for the production of Products hereunder, excluding Tooling.
Production Assets means collectively the Customer Production Assets and Supplier Production Assets.

Examples of Production Assets in a sentence

  • When development is completed on a specific field it is transferred to Production Assets.

  • When it is determined that such cost will be recouped through successful development and exploitation or alternatively by sale of the interest, expenditure will be transferred to Production Assets.

  • The Oil Production Assets relate to the operation of oil production business, pursuant to the Songliao Contract, entered into with the State-owned Enterprise to develop and produce crude oil in Liangjing Block on Songliao Basin in Jilin, the PRC.

  • Elimination or substitution with a less harmful substance is the preferred management option.The Production Assets Manager, or Project Manager, is responsible for implementing all the necessary precautions and controls and to ensure the product has been assessed and any hazards/risks evaluated.The Joint Operation provides all employees with an annual health check-up programme in accordance with the local laws of Thailand.

  • Production assets are: - Te Marua Treatment Plant- Waterloo treatment plant- Wainuiomata treatment plant- Gear Island treatment plant 5.1 Production Assets Informationa) Te Marua Treatment PlantThis is a modern plant (1989), which incorporates coagulation, flocculation, clarification dual media filtration, pH adjustment, chlorination and fluoridation.


More Definitions of Production Assets

Production Assets means wellbores, pipelines, gathering systems, production or processing facilities, surface estate interests, rights-of-way, or other surface uses, and other production related infrastructure on the Leases.
Production Assets means any equipment or other tangible assets purchased in accordance with the Approved Budget for the purpose of the production of the Programme;
Production Assets. All of Seller’s right, title and interest in and to the properties and assets and rights of whatever kind and nature, real or personal, whether owned, leased or licensed set forth on Schedule 1.1(b).
Production Assets means the property, plant and equipment of the Group determined in accordance with IFRS.
Production Assets. Collectively, the Tangible Assets, the Intangible Assets, the Subsequently Acquired Tangible Assets, the Subsequently Acquired Intangible Assets, the Contract Rights, the Leases, the Equipment Leases, the New Pipeline Applications, the Final Closing Date Sales Commitments and the Loan Files.
Production Assets means:
Production Assets. The assets of the Sellers related to or used in connection with the manufacturing or production of Coca-Cola and other beverage products in the states of Washington, Oregon and Idaho (including the cities of Seattle and Spokane in Washington and the city of Portland in Oregon).