Utility assets definition

Utility assets means assets, other than Renewable Infrastructure Assets, that are used in the generation, production, distribution, transportation, transmission, storage and marketing of energy, including, but not limited to, electricity, natural gas and steam.
Utility assets means that real property, personal property, rights in any real and
Utility assets means the facilities in place of any public utility or municipality for the production,

Examples of Utility assets in a sentence

  • Atlantic City Electric Company (70- ) Notice of Proposal to Acquire Utility Assets Atlantic City Electric Company ("ACE"), a New Jersey corporation, an operating public utility company and a wholly-owned subsidiary of Conectiv, a soon-to-be registered public utility holding company, both of 800 King Street, Wilmington, DE 19899 has filed an application pursuant to Sections 9(a) and 10 of the Act and Rule 41 thereunder.

  • Buyer shall design and construct the facilities (the "Utility Assets") required to provide to Seller the utilities described in Exhibit D (the "Utilities").

  • Should any of the Utilities be rejected by Seller, Buyer shall promptly effect modifications to bring the Utilities within specification; provided that such work shall be conducted in a manner that minimized outages at the Utility Assets.

  • NW Corp will, at NWE Public Service’s request and expense and without additional consideration, grant to NWE Public Service, at Closing and from time to time subsequent to Closing, all appropriate easements across lands included in the Transferred Utility Assets (a) for existing electric and gas transmission and distribution lines and related facilities included in the Transferred Utility Assets and (b) for access to the Transferred Utility Assets, on forms reasonably acceptable to NWE Public Service.

  • All material Fixed Assets shall, at Closing, be in all material respects in good condition and operational and useable in the Business as presently conducted by Seller; provided, however, that the Utility Assets have to be moved from the Middletown Facility as contemplated by Section 1.01(b) hereof.


More Definitions of Utility assets

Utility assets means the assets of the Utility Plant.
Utility assets. ’ means the facilities, in
Utility assets means the facilities in place of any public utility or municipality for the production, transmission or distribution of electric energy or natural or manufactured gas, or for the furnishing of sewerage facilities or water.
Utility assets means the facilities in place of any public utility or, municipality, county, authority,
Utility assets. Price shall have the meaning given to it in Section 2.3(e).
Utility assets. ’ means the facilities, in place, of any electric utility company or gas utility company for the production, trans- mission, transportation, or distribution of electric energy or natural or manufactured gas.
Utility assets means that real property, personal property, rights in any real and personal property, facilities, equipment, contract rights, statutory rights and privileges, franchises and other tangible or intangible property of any kind whatever used in, or useful to, the conduct of the electric and water utility operations conducted prior to April 4, 2001 by the fire district, and on and after April 4, 2001 by the utility district.