Thermal Assets definition

Thermal Assets means all thermal power business of the Group, including but not limited to Aboño 1, Aboño 2, Soto 4, Soto 5, Ribatejo and Lares, the respective assets (notably, power plants), liabilities and equity interests in the foregoing. Any such determination made by EDP in relation to what is a Thermal Asset shall, in the absence of manifest error, be conclusive and binding on all parties.
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Thermal Assets means all thermal power business of the Group, including but not limited to Aboño 1, Aboño 2, Soto 4, Soto 5, Ribatejo and Lares, the respective assets (notably, power plants), liabilities and equity interests in the foregoing. Any such determination made by EDP in relation to what is a Thermal Asset shall, in the absence of manifest error, be conclusive and binding on all parties. In addition, for the purposes of this Condition 10, where the relevant annual or audited financial statements of an entity include Thermal Assets, notwithstanding any reference to "as shown in" or "calculated from" such accounts, EDP shall adjust the numbers appearing in such accounts to reflect the financial position of the relevant entity excluding Thermal Assets or revenues derived from Thermal Assets. Such adjustment shall, in the absence of manifest error, be conclusive and binding on all parties.
Sample 1
Thermal Assets means the thermal Coal Assets of the Borrower and its Subsidiaries consisting of the Xxxxxx Mine, the Xxxxx Fork Mine, and the Xxxxxx Mine and the related preparation plant, and interests in the foregoing.
Sample 1

Examples of Thermal Assets in a sentence

  • All notes and/or information prepared in the course of the informal complaint process will be forwarded to Human Resource Services for storage in a confidential workplace incident file separate from the personnel file.

  • These expenses were systematically allocated to the Thermal Assets based on the percentage of revenues of the Thermal Assets entities to total GSENA revenues and in certain cases based on headcount.

  • All intercompany transactions and accounts between the Thermal Assets have been eliminated.

  • The adjustment accounts for a portion of potential capacity revenue earned by the Thermal Assets between January 1, 2018 and the closing date.

  • Granite Shore Power agreed to operate the Thermal Assets for a minimum of eighteen months from financial close and accepted the employee protections, as required by both N.H. law and the Settlement Agreement.HSE Hydro agreed to purchase the Hydro Assets from the Seller for $83.3 million subject to certain adjustments pursuant to the terms of the Hydro PSA.

  • Atlas and CCI PAH agreed to purchase the Thermal Assets from the Seller through a newly formed joint venture entity Granite Shore Power for $175 million subject to certain adjustments pursuant to the terms of the Thermal PSA.

  • CCI is headquartered in Stamford, Connecticut with offices in Calgary, Canada; Geneva, Switzerland; Houston, Texas; London, United Kingdom; Shanghai, China; Singapore; and Montevideo, Uruguay.The Thermal PSA provides for the transfer by the Seller of substantially all assets comprising the Thermal Assets including applicable contracts, leases and permits relating to the operation of the generating facilities.

  • The Thermal Assets believe they have meritorious defenses to these matters and intend to contest all such claims, and thus the timing of potential outflows from the Thermal Assets cannot be predicted with any certainty due to both the nature of legal proceedings in general, and the procedural status of such matters specifically.

  • The outcome of these lawsuits and proceedings cannot be predicted with certainty and could possibly have a material adverse effect on the Thermal Assets combined financial position, results of operations, and cash flows.

  • The adjustment also reflects energy margin attributable to the Thermal Assets between January 1, 2018 and the closing date, inclusive of revenues of Winter Reliability and various corresponding costs.

Related to Thermal Assets

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Digital asset means an electronic record in which an individual has a right or interest. The term does not include an underlying asset or liability unless the asset or liability is itself an electronic record.

  • Material Assets means with respect to any Person all Material interests in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

  • Total Assets as of any date means the sum of (i) the Undepreciated Real Estate Assets and (ii) all other assets of the Company and its Subsidiaries determined in accordance with GAAP (but excluding accounts receivable and intangibles).

  • Interconnection equipment means a group of components or an integrated system owned and operated by the interconnection customer that connects an electric generator with a local electric power system, as that term is defined in Section 3.1.6.2 of IEEE Standard 1547, or with the electric distribution system. Interconnection equipment is all interface equipment including switchgear, protective devices, inverters or other interface devices. Interconnection equipment may be installed as part of an integrated equipment package that includes a generator or other electric source.

  • CONSTRUCTION EQUIPMENT means all appliances and equipment of whatsoever nature for the use in or for the execution, completion operation or maintenance of the work unless intended to form part of permanent work.

  • Metering Equipment means all metering equipment installed at the metering points designated in the appropriate appendix to an Interconnection Service Agreement.

  • Fixed Assets means Equipment and Real Estate.