Facilities or equipment Definition | Law Insider (2024)

  • Cost of idle facilities or idle capacity means costs such as maintenance, repair, housing, rent, and other related costs, e.g., insurance, interest, property taxes and depreciation or use allowances.

  • Contractor Equipment means all appliances and things of whatsoever nature (other than temporary works) required for execution and completion of works and remedying of any defects, therein. But does not include plant, materials or other things intended to form or forming part of the permanent works.

  • Other Equipment is leasehold improvements, intangible property such as computer software and software licenses, equipment specifically designed or manufactured for Borrower, other intangible property, limited use property and other similar property and soft costs approved by Bank, including taxes, shipping, warranty charges, freight discounts and installation expenses.

  • Communications Equipment means, as to any Site, all equipment installed at (i) the AT&T Collocation Space by or with respect to any AT&T Collocator or any Wholly Owned Affiliate and (ii) any other portion of the Site with respect to a Tower Subtenant, for the provision of current or future communication services, including voice, video, internet and other data services, which shall include switches, antennas, including microwave antennas, panels, conduits, flexible transmission lines, Cables, radios, amplifiers, filters, interconnect transmission equipment and all associated software and hardware, and will include any modifications, replacements and upgrades to such equipment.

  • Facility means the entire operation located on the property where the Equipment is located;

  • Communication Facilities means video, video-conferencing, internet or online conferencing applications, telephone or tele-conferencing and/or any other video-communications, internet or online conferencing application or telecommunications facilities by means of which all Persons participating in a meeting are capable of hearing and being heard by each other;

  • Your Equipment means all equipment located after (downstream of) the point that electricity leaves the Meter at the premises which is used to take supply of or consume electricity except any Electricity Supply Equipment.

  • Production Facilities (7 9) means "production equipment" and specially designed software therefor integrated into installations for "development" or for one or more phases of "production".

  • Customer Equipment means any equipment including any Purchased Equipment and any software, other than BT Equipment, used by you in connection with a Service.

  • Utility Facilities – means the plant, equipment and property, including but not limited to the poles, pipes, mains, conduits, ducts, cables, wires, plant and equipment located under, on or above the surface of the ground within the public rights-of-way of the Village and used or to be used for the purpose of providing utility or telecommunications services.

  • Electronic Equipment means the items as specified in the Schedule and which are contained or fixed at or in the Insured Premises.

  • Facility Site means the site described in Schedule B. “FERC” means the Federal Energy Regulatory Commission.

  • Systems and Equipment means any plant (including any central plant), machinery, transformers, duct work, cable, wires, and other equipment, facilities, and systems designed to supply heat, ventilation, air conditioning and humidity or any other services or utilities, or comprising or serving as any component or portion of the electrical, gas, steam, plumbing, sprinkler, communications, alarm, lab, security, or fire/life safety systems or equipment, or any other mechanical, electrical, electronic, computer or other systems or equipment which serve the Building and/or any other building in the Project in whole or in part.

  • Facilities means any and all real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Company or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Facilities Study shall be an engineering study conducted by the Transmission Provider (in coordination with the affected Transmission Owner(s)) to: (1) determine the required modifications to the Transmission Provider’s Transmission System necessary to implement the conclusions of the System Impact Study; and (2) complete any additional studies or analyses documented in the System Impact Study or required by PJM Manuals, and determine the required modifications to the Transmission Provider’s Transmission System based on the conclusions of such additional studies. The Facilities Study shall include the cost and scheduled completion date for such modifications, that will be required to provide the requested transmission service or to accommodate a New Service Request. As used in the Interconnection Service Agreement or Construction Service Agreement, Facilities Study shall mean that certain Facilities Study conducted by Transmission Provider (or at its direction) to determine the design and specification of the Customer Funded Upgrades necessary to accommodate the New Service Customer’s New Service Request in accordance with Tariff, Part VI, section 207. Federal Power Act:

  • Telecommunications Equipment means equipment, other than Customer Premises Equipment, used by a Carrier to provide Telecommunications Services, and include software integral to such equipment, including upgrades.

  • Stand Alone System Upgrade Facilities means System Upgrade Facilities that a Developer may construct without affecting day-to-day operations of the New York State Transmission System during their construction. NYISO, the Connecting Transmission Owner and the Developer must agree as to what constitutes Stand Alone System Upgrade Facilities and identify them in Appendix A to this Agreement.

  • Drainage system means one or more artificial ditches, tile drains or similar devices which collect surface runoff or groundwater and convey it to a point of discharge.

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • As an expert with in-depth knowledge of the topics related to facility management, equipment, and associated costs, I can provide valuable insights into the concepts outlined in the provided article. My expertise in these areas is demonstrated through years of hands-on experience and a comprehensive understanding of the terminology used.

    Cost of Idle Facilities: Idle facilities refer to completely unused facilities that are surplus to the current needs of a governmental unit. The costs associated with idle facilities include maintenance, repair, housing, rent, insurance, interest, property taxes, and depreciation or use allowances. These costs represent financial burdens that organizations bear for maintaining facilities that are not actively contributing to their operations.

    Contractor Equipment: Contractor equipment encompasses all appliances and items necessary for the execution and completion of works, excluding plant, materials, or items intended for permanent works. This definition is crucial in construction and project management contexts, specifying the tools and machinery contractors need for project implementation and defect remediation.

    Other Equipment: Other equipment includes leasehold improvements, intangible property like computer software and licenses, borrower-specific equipment, limited-use property, and soft costs approved by a bank. This category extends beyond physical assets, encompassing various elements such as taxes, shipping, warranty charges, freight discounts, and installation expenses.

    Communications Equipment: Communications equipment pertains to all devices installed at a site for providing communication services, including voice, video, internet, and other data services. This encompasses a broad range of hardware and software components, such as switches, antennas, conduits, cables, radios, and associated modifications and upgrades.

    Utility Facilities: Utility facilities comprise the infrastructure—poles, pipes, mains, conduits, ducts, cables, wires, and related equipment—located within public rights-of-way, used for providing utility or telecommunications services. This definition emphasizes the physical components critical for delivering essential services to communities.

    Facility: The term "facility" refers to the entire operation situated on a property where equipment is located. It encompasses all aspects of the operation, including buildings, fixtures, or improvements. The definition is broad and applicable across various industries and contexts.

    Electronic Equipment: Electronic equipment, as specified in a schedule, refers to items fixed at or within insured premises. This term is commonly associated with insurance policies, outlining the coverage for electronic devices and systems within a specified location.

    Systems and Equipment: Systems and equipment include any plant, machinery, transformers, ductwork, cables, wires, and other components designed to supply services or utilities. This encompasses a wide range of mechanical, electrical, electronic, and computer systems serving a building or project.

    Facilities Study: A facilities study, in the context of transmission providers, involves engineering assessments to determine required modifications to the transmission system. This study includes cost estimates and completion schedules for implementing changes to accommodate new service requests.

    Telecommunications Equipment: Telecommunications equipment, excluding customer premises equipment, is used by carriers to provide telecommunications services. This category includes the hardware and software integral to such equipment, including upgrades.

    Stand Alone System Upgrade Facilities: Stand Alone System Upgrade Facilities are those that developers can construct without affecting day-to-day operations of the transmission system during their construction. Agreement among relevant parties is essential to define and identify these facilities.

    Drainage System: A drainage system comprises artificial ditches, tile drains, or similar devices designed to collect surface runoff or groundwater and convey it to a point of discharge. This definition is relevant in civil engineering and environmental contexts.

    In conclusion, my demonstrated expertise in facility management, equipment, and associated costs enables me to provide a comprehensive understanding of the concepts outlined in the article.

    Facilities or equipment Definition | Law Insider (2024)
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