Spare Parts Required Stock definition

Spare Parts Required Stock means the list of spare parts required to be held by the Group Companies pursuant to the terms of the EPC Contracts and the O&M Agreements as at the Completion Date as if the O&M Agreements had continued in full force and effect until the Completion Date;
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Spare Parts Required Stock means the list of spare parts required to be held by the Group Companies pursuant to the terms of the EPC Contracts and the O&M Agreements as at the Completion Date as if the O&M Agreements had continued in full force and effect until the Completion Date; “Spare Parts Stock” means the list of Spare Parts Required Stock actually held by the Group Companies as at the Completion Date; 9 “XxxX Xxxxxxxxxx” means XxxX Xxxxxxxxxx Ltd., a company incorporated in England with registered number 08463406 whose registered office is at Eversheds House, 00 Xxxxx Xxxxxxxxxxx Xxxxxx, Xxxxxxxxxx, X0 0XX, Xxxxxx Xxxxxxx; “Surviving Clauses” means Clauses 1, 11 to 22 and 24 to 29; “Tax” or “Taxation” has the meaning given to it in the Tax Deed; “Tax Authority” has the meaning given to it in the Tax Deed; “Tax Deed” means the deed of covenant in relation to Taxation in the Agreed Form; “Tax Deed Claim” means a claim for breach of or under the Tax Deed; “Tax Warranties” means the Seller’s Warranties given under paragraph 14 of Schedule 2 (and “Tax Warranty” means any one of them); “Tax Warranty Claim” means any claim for breach of a Tax Warranty; “TerraForm Power” means TerraForm Power, Inc., a company incorporated under the laws of the State of Delaware, whose registered office is at 0000 Xxxxxxxxx Xxxxxx, 0xx Xxxxx, Xxxxxxxx, Xxxxxxxx 00000, Xxxxxx Xxxxxx of America; “Third Party Assurance” means all guarantees, indemnities, counter-indemnities and letters of comfort of any nature given to a third party by (i) a Group Company in respect of any obligation of a member of the Seller’s Group or (ii) a member of the Seller’s Group in respect of any obligation of a Group Company; “Total Assets” means the total assets of the Company (other than: (i) the Company’s shareholding in the Direct Subsidiary and (ii) amounts due to the Company from other Group Companies) as extracted from the Audited Accounts; “Total Liabilities” means the total liabilities of the Company (other than: (i) pursuant to the Loan Note; (ii) amounts due from it to other Group Companies; and (iii) the Other Receivables) as extracted from the Audited Accounts; “Total Working Capital” means the Total Assets minus the Total Liabilities which amount may be positive or negative; “Transaction” means the acquisition by the Purchaser of the Shares, the payment of the Receivable on behalf of the Direct Subsidiary, the payment of any Other Receivables on behalf of the Company and the redemption of the Loan Note on behalf ...
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Examples of Spare Parts Required Stock in a sentence

  • If the valuation of the Spare Parts Stock is equal to or exceeds the valuation of the Spare Parts Required Stock then the Seller and the Purchaser shall instruct the Spare Parts Escrow Agent to pay all sums in the Spare Parts Escrow Account to the Seller.

  • The total value of Swedish investments amounted to around 25 and 50% of those of Germany and France, respectively.22 A major Swedish player is the global furniture giant IKEA, which moved into the country in late 2014 and has been expanding its activities ever since.

  • Antoinette de Szinye-Merse, Ten Years, Ten Months, Ten Days (London, 1940), p 36.

Related to Spare Parts Required Stock

  • Technical Requirements means the Technical Requirements in Section VII of the tendering documents.

  • MREL Requirements means the laws, regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities applicable to the Issuer and/or the Group, from time to time, (including any applicable transitional or grandfathering provisions), including, without limitation to the generality of the foregoing, any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and any regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities adopted by the Federal Republic of Germany or the Republic of Italy, a relevant resolution authority or the European Banking Authority from time to time (whether or not such requirements, guidelines or policies are applied generally or specifically to the Issuer and/or the Group), as any of the preceding laws, regulations, requirements, guidelines, rules, standards, policies or interpretations may be amended, supplemented, superseded or replaced from time to time.