New Improvements and New Equipment and Machinery. a. New Improvements means real property improvements constructed at the Company’s Oak Hill and ATMC facilities, by or for the Company after the Effective Date of this Agreement. b. New Equipment and Machinery means new, used, and/or refurbished business personal property new to the ▇▇▇▇▇▇ Central Appraisal District property tax valuation roll through purchase or transfer, as of the Effective Date of this Agreement, that is installed in the Company’s Oak Hill and ATMC facilities located in Austin, Texas.
Appears in 2 contracts
Sources: Business Expansion Agreement, Business Expansion Agreement