Capital Item Sample Clauses

Capital Item. Any furniture, fixture, or equipment that costs $5,000 or more and has an expected life of more than one year.
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Capital Item. The actual property which was purchased or otherwise received by the Department as a Capital Expenditure.
Capital Item. Any furniture, fixture, or equipment that costs, or has a value of, $5,000 or more and an expected life of more than one year. This does not include any furniture, fixture, or equipment installed for the sole benefit of Lessee, including, but not limited to, elevators providing access to the NRHS Leased Premises.

Related to Capital Item

  • Capital Contributions Persons seeking to become a Member shall be required to purchase or acquire Shares and make capital contributions in such forms and in such amounts and at such times as the Board may require, if any, in its sole discretion (any, a “Capital Contribution”) whereupon a capital account for a new Member will be established, and, if applicable, accreted, in the amount of such Member’s Capital Contribution or based upon the fair market value of property contributed, and the new Member shall be issued a number of Class A Ordinary Shares as determined by the Board, and the Board shall update Exhibit A attached hereto accordingly. The provisions of this Section 3.1 are solely intended for the benefit of the Members and, to the fullest extent permitted by law, shall not be construed as conferring any benefit upon any creditor of the Company (and no such creditor shall be a third-party beneficiary of this Agreement). The Members shall have no duty or obligation to any creditor of the Company to make any contribution to the Company.

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