Project Asset definition

Project Asset means Stations, Cycles, the Control Centre, and other facilities created as part of the Cycle Sharing System.

Project Asset means an asset which, in whole or in part, has been acquired, created, developed, advanced and/or contributed to by the Contribution.

Project Asset means the assets leased to the Lessee by DOT in accordance with the provisions of the Project Agreements and detailed in Schedule II – Project Assets of this Agreement;

Examples of Project Asset in a sentence

• Notwithstanding anything to the contrary contained in this Agreement, the Concessionaire shall not sub-licence, assign or in any manner create an Encumbrance on any Project Asset forming part of Commercial Complex without prior written approval of the Authority, which approval the Authority may, in its discretion, deny if such sub-licence, assignment or Encumbrance has or may have a material adverse effect on the rights and obligations of the Authority under this Agreement or Applicable Laws.

• NVTA shall retain a financial interest in the value of each of the of the Project Assets, whether any such Project Asset may have depreciated or appreciated, throughout its respective useful life proportionate to the amount of the cost of the Project Asset funded by NVTA under this Agreement.

• As of the Closing Date, all such Consents are in full force and effect and are free of any term, condition, restriction or imposition of Liability on ProjectCo, Purchaser or any such Project Asset.

• Neither the Project nor any Project Asset has been “placed in service” prior to the Closing Date for the purposes of Sections 48, 167, or 168 of the Code.

• Section 168(g)(1)(D) of the Code does not apply to any Project Asset, and none of the property comprising a part of the Project is imported property of the kind described in Section 168(g)(6) of the Code.

More Definitions of Project Asset

Project Asset means Stations, Cycles, the Control Center, and other facilities created as part of the Bicycle Sharing System.

Project Asset means Stations, Bicycles, the Control Centre, and other facilities created as part of the Bicycle Sharing System.

Project Asset means the proposed infrastructure project or asset described in the Particulars; "Rating" means a rating awarded to the Registrant by ISCA under the Rating Agreement;

Project Asset means Stations, E-Scooters, the Control Centre, and other facilities/equipment provided as part of the Public E-Scooter Sharing System.

Project Asset means an asset which, in whole or in part, has been acquired, created, developed, advanced and/or contributed to by the Contribution. “Project Completion Date” means . “Project Intellectual Property” means all Intellectual Property conceived, produced, developed or reduced to practice in carrying out the Project by the Recipient and/or any Affiliated Persons of the Recipient, or any of their employees, agents, contractors or assigns. Project Intellectual Property shall be comprised of Platform Intellectual Property and Program Intellectual Property. “Project Intellectual Property Rights” means the Intellectual Property Rights in the Project Intellectual Property. “Province Performance Participation Period” shall have the meaning set forth in Subsection 4.3. “Recipient Fiscal Year” means the period for which the Recipient’s accounts in respect of its business or property are prepared for purposes of assessment under the Income Tax Act, as amended. For clarity, “Recipient Fiscal Year” means the period from January 1 of one year to December 31 of the same year. “Research Institution” means any for the purposes of research activities. “Resulting Products” means all products, services or processes that: (a) are produced using the Project Intellectual Property; or (b) incorporate any of the Project Intellectual Property. “Sanctions” means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by the Government of Canada. “Schedule” means a schedule to this Agreement, including any amendments or supplements. “Similar Goods” means goods or services that closely resemble the goods or services being transferred, in respect of their component materials, form, function and

Project Asset means each of:

Project Asset means any real or personal property, whether tangible or intangible, in the Russian Federation (i) acquired or to be acquired by Sea Launch; or (ii) developed or to be developed for Sea Launch, including any alteration or rehabilitation of existing facilities, which is financed by the Sea Launch Development Loans for the purposes of the Project under contracts between Russian Contractors and Sea Launch (including instructions by Sea Launch in connection therewith); or (iii) related to any Sea Launch activity registered under the Project Support Agreement;