Examples of Replaced Asset in a sentence

As of the Execution Date of this Agreement, the Communities do not identify any initially proposed Replaced Asset, as that term is defined herein and in Utah Code § 54-17-902(15).

More Definitions of Replaced Asset

Replaced Asset means an existing thermal energy resource that (a) was built or acquired, in whole or in part, by the Company prior to the date of Commission Approval for the purpose of serving the Company’s customers, including customers within a Participating Community; and (b) is deemed to no longer serve Participating Customers.

Replaced Asset. Defined in Section 6.2(a).

Replaced Asset. Has the meaning assigned in Section 2.03 of the Indenture.

Replaced Asset has the meaning assigned in Section 3.06(b).

Replaced Asset means any Real Property Asset that is sold, leased, transferred or otherwise disposed of within the applicable 36-month period if and to the extent that, within the six (6) month period following the consummation of such sale, lease, transfer or other disposition, the Borrower, the REIT or any Consolidated Entity acquires one or more similar Real Property Assets; in such event, the Real Property Asset so sold, leased, transferred or otherwise disposed of shall be deemed a "Replaced Asset" to the extent of the Market Value and Net Operating Income of the replacement Real Property Asset acquired during such six-month period, as determined at the time that any determination of "Substantial Assets" is made hereunder, based upon the most recently available financial statements.

Replaced Asset means, with respect to any Redeployed Asset, the CFS Portfolio Financing and Lease Asset that, due to the termination thereof (for any reason) gave rise to Buyer’s Disposition of the related Portfolio Property and thereby resulted in the creation of such Redeployed Asset.

Replaced Asset shall have the meaning ascribed to it in Section 2.1(f).