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 the facilities in place of any public utility or municipality for the production,

Utility assets means that real property, personal property, rights in any real and

Examples of Utility assets in a sentence

• This applies to any and all Utility assets including electric, fiber, generation, substation, metering and other facilities or equipment as required.

• Significant changes include the adjustment of replacement costs to current price levels, categorization of pipe assets based on expected useful lives, and replacement of major non-pipe Utility assets such as pump stations and reservoirs.

• Depreciation of leased Electric Utility assets is calculated annually by dividing net assets by the years remaining on the 35-year lease.

• The Distribution Franchisee has the option to replace such missing or lost equipment (shortfall) with comparable equipment.5.1.8 If the Distribution Franchisee uses [WESCO Utility] assets that have not been transferred as a part of [WESCO Utility] Distribution Assets, separate charges for the use of the same shall be payable to [WESCO Utility].

• Liberty Utilities acquired 50.001% and Emera acquired 49.999% of California Pacific Utility Ventures LLC, which owns 100% of the purchaser of the California Utility assets, Calpeco.

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 any and all property of the Company and/or any of its subsidiaries, real, personal and mixed and wherever situated, in any case used or to be used, or useful, in or in connection with the generation, production, transmission or distribution of electric energy or gas in any form and for any purpose (whether or not such use is the sole use of such property), including, without limitation, all property subject to the mortgages (whether or not such property is excepted from such mortgages) of and referenced in (i) the Indenture, dated August 1, 1940, from the Company (f/k/a NorthWestern Public Service Company) to JPMorgan Chase Bank (as successor to The Chase Manhattan Bank (National Association), successor by merger to The Chase National Bank of the City of New York), as trustee, and X.X. Xxxxxxxxxxx, successor to Xxxx X. Xxxxxxx, as individual trustee, as the same may be amended or supplemented (ii) the General Mortgage Indenture and Deed of Trust, dated as of August 1, 1993, from the Company (f/k/a NorthWestern Public Service Company) to JPMorgan Chase Bank (as successor to The Chase Manhattan Bank (National Association)), as the same may be amended or supplemented and (iii) the Mortgage and Deed of Trust, dated as of October 1, 1945, from The Montana Power, L.L.C. (as successor to The Montana Power Company) to Guaranty Trust Company of New York and Xxxxxx X. Xxxxx, trustees, as the same may be amended or supplemented.

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.