Disposal of Assets and Change of Use Sample Clauses

Disposal of Assets and Change of Use. 2.1 In respect of Assets whose value exceeds £2,500 including VAT the following provisions shall apply.
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Disposal of Assets and Change of Use. 49.1 In respect of Assets whose value exceeds £2,500 including VAT the following provisions shall apply.
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Disposal of Assets and Change of Use. 9.1 Where the market value exceeds £2,500, the Academy shall consult the Council and the Secretary of State if it proposes to dispose of, or change the use of, a tangible asset (e.g. land, building and equipment) or intangible asset (e.g. copyright) which has been financed wholly or developed with co-location fund grant that has been routed through the Council.
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Disposal of Assets and Change of Use. 6.1 For the purposes of this section:
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Related to Disposal of Assets and Change of Use

  • Disposal of Assets 88) Where the Academy Trust acquires assets for a nil consideration or at an under value it shall be treated for the purpose of this Agreement as having incurred expenditure equal to the market value of those assets at the time that they were acquired. This provision shall not apply to assets transferred to the Academy Trust at nil or nominal consideration and which were previously used for the purposes of an Academy and/or were transferred from an LA, the value of which assets shall be disregarded.

  • TREATMENT OF ASSETS Title to all property furnished by COMMERCE shall remain in COMMERCE. Title to all property furnished by the Contractor, for the cost of which the Contractor is entitled to be reimbursed as a direct item of cost under this contract, shall pass to and vest in COMMERCE upon delivery of such property by the Contractor. Title to other property, the cost of which is reimbursable to the Contractor under this contract, shall pass to and vest in COMMERCE upon (i) issuance for use of such property in the performance of this contract, or (ii) commencement of use of such property in the performance of this contract, or (iii) reimbursement of the cost thereof by COMMERCE in whole or in part, whichever first occurs.

  • Sale of Assets The Company or the Bank sells to a third party all or substantially all of its assets.

  • REVERSION OF ASSETS (a) Upon expiration of the term of this Agreement, or upon any prior termination, Subrecipient shall transfer to City any funds provided hereunder which are on hand at the time of expiration or termination.

  • DISCLOSURE OF ASSETS Each Spouse warrants to the other that they do not have any knowledge of any assets other than those disclosed in accordance with Section VII. If the Spouses have waived their rights to financial disclosures, then this Section shall not apply to this Agreement. If either Spouse has any knowledge of any asset other than those disclosed in accordance with Section VII, that warrantor shall transfer or pay to the warrantee, at the warrantee’s election, one of the following:

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