Street Lights definition

Street Lights. – means poles, luminares, foundations, controllers, conduit, wiring and all other necessary appurtenances installed for the purpose of illuminating streets and sidewalks.

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Street Lights means those certain street lights and related facilities owned solely by Seller and used to provide lighting service to Buyer under bill account number 89538-81106, located within Buyer’s geographical boundaries, used solely for street lighting purposes, and which consist of luminaires, lamps, brackets, associated wiring, convenience outlets, electrical connections and appurtenances, as described in Exhibit E, which description shall be revised under Exhibit E-1 in accordance with Section 2 below, and will not include Excluded Assets.

Street Lights means customer using electricity for lighting public streets and 40 kva.

Examples of Street Lights in a sentence

• No. 2 of Seller’s Outdoor Lighting Tariff (defined below), and Seller is willing to sell the Street Lights to Buyer.

• The total “Estimated Purchase Price” for the Street Lights is Dollars ($ ).

• The sale, assignment, conveyance, transfer, and delivery of the Street Lights will be effected by the Bill of Sale.

• On the Closing Date, Seller shall deliver to Buyer the Bill of Sale, fully executed and acknowledged and sealed and, simultaneously with such delivery, Seller shall take all such steps as may be necessary to put Buyer in actual possession of the Street Lights as and where presently located.

• In consideration of Seller’s agreement hereunder, ▇▇▇▇▇ agrees that it shall exercise Commercially Reasonable Efforts to obtain, and cooperate with Seller in obtaining, a reduction from New York State, prior to the next tax status date, in the assessed valuation of its real property facilities located within the Buyer’s municipal boundaries that accurately reflects the removal of the Street Lights from the real property owned by Seller within the Buyer’s municipal boundaries.

• The Estimated Purchase Price consists of the estimated Net Book Value (“NBV”) of the Street Lights of Dollars ($ ), plus estimated Transition Costs and Transaction Costs totaling Dollars ($ ).

• The closing of the purchase and sale of the Street Lights (the “Closing”) shall take place at the offices of Seller at 10:00 a.m. (Eastern Time) on the tenth Business Day after the conditions to Closing set forth in Sections 13 and 14 (other than actions to be taken or items to be delivered at Closing) have been satisfied or waived by the Party entitled to waive such condition, or on such other date and at such other time and place as Buyer and Seller mutually agree in writing.

• Seller has maintained and currently maintains, the operability of the Street Lights in a manner consistent with Seller’s Outdoor Lighting Tariff.

• Until Closing, Seller shall continue its regular program of operating and maintaining the Street Lights.

• Seller shall bear the risk of loss of and damage to the Street Lights during the period from the Effective Date up to but not including the Closing Date, and Buyer shall bear the risk of loss of and damage to the Street Light from and after the Closing Date.

More Definitions of Street Lights

Street Lights means those street lights and related facilities as may be acquired by Lessee from the Utility from time to time pursuant to the terms of a Lease.

Street Lights means and refer to those certain street lights which may be constructed upon and over the rights-of-way of the Roadways, Parking Area(s) and other Common Areas.

Street Lights means and refer to those certain street lights owned or leased by Declarant or the Association and installed upon, along and/or over the rights-of-way of the Roadways, Parking Area(s) (if any), Maintenance Areas and Common Areas.

Street Lights means all street lights which are installed within the Properties, or which are not installed within the Properties, but which provide lighting for the benefit of the Properties.

Street Lights means those certain street lights and related facilities owned solely by Seller and used to provide lighting service to Buyer under bill account number [ ], located within Buyer’s geographical boundaries, used solely for street lighting purposes, and which consist of luminaires, lamps, brackets, associated wiring, convenience outlets, electrical connections and appurtenances, as described in Exhibit E, which description shall be revised under Exhibit E-1 in accordance with Section 2 below, and will not include Excluded Assets.