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 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, at the option of CEI, to the extent not included in the Met Assets, the Baltimore Dock Facility, and interests in the foregoing.
Sample 1
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 derivedfrom Thermal Assets. Such adjustment shall, in the absence of manifest error, be conclusive and binding on all parties.
Sample 1

Examples of Thermal Assets in a sentence

  • 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.

  • Actual costs that would have been incurred if the Thermal Assets had been a stand-alone company would depend on multiple factors, including organizational structure and strategic decisions made in various areas.

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

  • 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 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.

  • Such contingent liabilities are assessed by management based on available evidence and legal opinion.The Thermal Assets are defendants in various lawsuits and proceedings.

  • Nevertheless, the unaudited combined financial statements may not include all of the actual expenses that would have been incurred had the Thermal Assets been a stand-alone company during the periods presented.

  • Subsequently, GSENA will have a note receivable from Thermal Assets for these notes, which will remain when the sale described in Note 13 occurs however, will not require a cash outflow from Thermal Assets.

  • All affiliate transactions between the Thermal Assets and GSENA and its subsidiaries, have been included in these unaudited combined financial statements as related party transactions.The unaudited combined financial statements include certain assets and liabilities that have historically been held at the GSENA level but are specifically identifiable or otherwise attributable to the Company.

  • However, a cash outflow from Thermal Assets will not be required.

Related to Thermal Assets

  • Digital Assets means electronic files for which a fee has been paid that are downloaded and stored on home electronic equipment, computers or mobile phones. “Digital assets” does not include downloaded files pertaining to “your” “business”.

  • 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.

  • General Assets shall have the meaning given it in Section 3.6(a) hereof;

  • 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).

  • 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. Minimum State of Charge: