Amendment status not verified — confirm the current text below against the official source.
In this Agreement except so far as the contrary is expressly provided or the context otherwise requires, the following words and expressions have the meanings hereby respectively assigned to them, that is to say :— "Accounting Year" means the period from the first day of January to the thirty-first day of December next ensuing; 4 The Calcutta Tramways Act, 1951. [West Ben. Act (The First Schedule.) "Physical assets" mean the lands, buildings, structures, works, machinery, plant, rolling stock, lines, mains, motors, dynamos, switchboards, apparatus, appliances, tool, imple- ments, motor trucks and other like property of the Company from time to time comprised in the undertaking and in use or available for use; "Purchase Date" means the first day of January, 1972. "The undertaking" means the tramway undertaking of the Company as authorised by the Acts Agreements and powers hereinbefore referred to.