Total Utility Plant definition
Total Utility Plant. ’ shall mean the amount constituting the total utility plant of the Borrower computed in accordance with RUS Accounting Requirements.
Total Utility Plant means the amount constituting the total utility plant (gross) of the Borrower computed in accordance with Accounting Requirements.
Total Utility Plant means, at any time, the total Utility Plant of the Company which would be shown on a consolidated balance sheet of the Company and its Subsidiaries as of such time prepared in accordance with GAAP.
Examples of Total Utility Plant in a sentence
Indebtedness The Borrower shall not, without first complying with the requirements of Section 9.1 hereof, on any date permit Short-Term Indebtedness to exceed thirty percent (30%) of the Borrower’s Total Utility Plant.
For purposes of this Section 8.3, a “Subsequent Transfer of Utility Assets Put Event” shall mean, and occur on, the date on which the Disposition Value of all property that was the subject of any Transfer of Utility Assets occurring after the Transfer of Utility Assets Put Event through the date of determination exceeds 10% of Total Utility Plant as of the end of the then most recently ended fiscal year of the Company.
More Definitions of Total Utility Plant
Total Utility Plant. ’ shall mean the
Total Utility Plant means the amount constituting the total utility plant (gross) of the Borrower computed in accordance with Accounting Requirements. “Wholesale Power Contracts” shall mean the Amended and Restated Wholesale Power Contracts, each dated as of January 1, 2003, by and between the Borrower and its members, as amended by the First Amendments to Amended and Restated Wholesale Power Contracts, each dated as of June 1, 2005, and all amendments, supplements or replacements thereto or thereof.
Total Utility Plant means the amount constituting the total utility plant (without taking into account depreciation) of the Company (determined in accordance with Accounting Requirements) minus the total utility plant (without taking into account depreciation) of any Subsidiary of the Company included therein.