Existing Projects definition

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Existing Projects means the Licensed Destination Club Projects and the Licensed Residential Projects that are existing and in operation or that have been approved by Licensor as of the Effective Date as set forth in Exhibit B.

Existing Projects means the projects (or any separable component or project, including the non-revenue water component of the Umiray Angat Transbasin Project, the New Centennial Water Source/Kaliwa Dam Project and the Angat Water Transmission Improvement Project) in the Service Area identified in Schedule 3, which have been funded by MWSS from bilateral or multilateral sources prior to execution of this Agreement. “Expenditures” includes pre-operating and operating expenditures, capital maintenance and investments expenditures, working capital requirements, business taxes, and concession fees; but excludes: penalties, interest charges on late payments, financing costs, bad debt provisions, depreciation provisions and tax on income. Expenditures “efficiently and prudently incurred” does not include, among other things, payments for

Examples of Existing Projects in a sentence

If Hilton Data is used to market the sale of units at Non-Licensed Existing Projects, then the Royalty shall be due on Gross Sales Price, Club Revenue, and Marketing Package Revenues.
Borrower shall have delivered to Lender, and Lender shall have approved, all surveys, maps and plats in existence with respect to the Existing Projects and individual parcels thereof.
Borrower shall have provided Lender with, and Lender shall have approved, all covenants, conditions, restrictions, easements and other rights that exist or are contemplated with respect to the Existing Projects.
Licensor and Licensee acknowledge that it will become necessary to make certain renovations and undertake certain refurbishments to Existing Projects.
Borrower shall have provided to Lender, and Lender shall have approved, a soils/hydrology test reports of the Existing Projects prepared by licensed engineers satisfactory to Lender showing the location of, and containing boring logs from, all borings, together with recommendations for the design of foundations.

Existing Projects means the projects that meet the criteria of subdivision (b) of section 2069 of the Fish and Game Code.

Existing Projects means those certain Qualified Projects included in the Loan as of the date of this amendment, which Qualified Projects are listed in Exhibit “E” attached hereto and incorporated herein by reference.

Existing Projects means either or both of the Freeport Project and the Sabine Pass Project, as the context may require.

Existing Projects means all projects listed in Part 1.3 of the Disclosure Schedule, including inventory related thereto, but excluding the Intellectual Property rights related thereto.

Existing Projects means the real estate projects listed on Exhibit A attached to this Agreement.

Existing Projects means the Projects listed on Schedule A to the Financing Agreement.

Existing Projects has the meaning as described in the Recitals Section.