Depreciation of Equipment Sample Clauses

Depreciation of Equipment. Debtor will promptly notify Bank of any ------------------------- event causing material loss or depreciation in the value of any Equipment and the amount of such loss or depreciation.
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Depreciation of Equipment i. If a Chromebook is lost or stolen and cannot be returned during year one, 100% of initial purchase price will be charged to the student’s account. (2020 current purchase price $259.34) ii. If a Chromebook is lost or stolen and cannot be returned during year two, 75% of initial purchase price will be charged to the student’s account. (2020 current purchase price of $259.34 x 75%= $194.50) iii. If a Chromebook is lost or stolen and cannot be returned during year three, 50% of initial purchase price will be charged to the student’s account. (2020 current purchase price of $259.34 x 50%= $129.67) iv. If a Chromebook is lost or stolen and cannot be returned during year four or later, 25% of initial purchase price will be charged to the student’s account. (2020 current purchase price of $259.34 x 25%= $64.84)
Depreciation of Equipment. Texaco will have the right to fully depreciate any remaining asset value of the pre-existing equipment as well as for any equipment which it owns. PathNet shall have the right to depreciate the equipment it pays for on the appropriate depreciation schedules in proportion to its respective ownership, as permitted by the United States Internal Revenue Service.
Depreciation of Equipment. To the extent that any expense for renewal is not covered by the reserve amount, the Landlord may choose to recognise the expense as an amount to be depreciated over the expected useful life of the renewed assets and with the inclusion of interest expenses. • Preparation of accounts: Administration and the heating accounts company’s fee for apportioning expenses and preparing accounts. The Landlord accepts no liability for any temporary interruptions in the supply of heating and water, but must ensure that such interruptions are remedied without delay. The Landlord is entitled to shut down the heat supply for up to one month in the summer period for the purpose of carrying out service checks on the system, etc. The Tenant undertakes to keep the Leased Premises frost-free provided that heating and water are supplied to the Premises. Combined utility accounts are prepared for premises in the property or for units participating in a shared supply with the property. The Landlord may restrict or expand the units participating in a shared supply with the property and may change the apportionment among such units. The utility charges are apportioned among the tenants, partly on the basis of meters installed in the units in so far as such meters are available, partly on the basis of criteria established by an engineer or any other expert appointed by the Landlord, with due consideration being given to factors such as floor area and number of bedrooms and water taps. If the Landlord estimates that the Tenant’s water consumption is particularly high, the Landlord may, at the Tenant’s expense, install water meters on all water supply connections or on those where a high water consumption is expected to be observed. In that case, the Tenant is obliged to pay for the consumption as per meter readings as well as any taxes and charges related thereto, including water drainage charge, green taxes, etc. The Landlord may present expenses as the proportionate share of the property in the total expenses for two or more properties.
Depreciation of Equipment. If a Chromebook is lost or stolen and cannot be returned during year one, 100% of initial purchase price will be charged to the student’s account. (2020 current purchase price $259.34) If a Chromebook is lost or stolen and cannot be returned during year two, 75% of initial purchase price will be charged to the student’s account. (2020 current purchase price of $259.34 x 75%= $194.50) If a Chromebook is lost or stolen and cannot be returned during year three, 50% of initial purchase price will be charged to the student’s account. (2020 current purchase price of $259.34 x 50%= $129.67) If a Chromebook is lost or stolen and cannot be returned during year four or later, 25% of initial purchase price will be charged to the student’s account. (2020 current purchase price of $259.34 x 25%= $64.84) Every undergrad student pays a Student Technology fee. A portion of this fee is paying for the Chromebook program. Other projects that are also funded by the student technology fee include: student lab refreshes, classroom technology updates, outdoor/bus Wi-Fi updates and some of the OIT student employee programs. You can claim a Chromebook as part of UCCS’ Student Tech Fee program. This is a pilot program and is available for all incoming traditional undergraduates. The program’s intent is to put technology in students’ hands, regardless if they are learning from home, or on campus. If you are a full-time, traditional undergraduate transfer, you can claim a Chromebook when you enroll at UCCS. To claim your campus-issued Chromebook, go to the chromebook/UCCS. This landing page allows you to complete the full “To Do” list before obtaining your Chromebook. On this webpage, you can choose to pick up the Chromebook in person, at the UCCS Bookstore, or have it shipped to you at your mailing address. You will return the Chromebook to the UCCS OIT Help Desk. If you did not receive your device, please contact the UCCS OIT Help Desk and they will assist you in receiving your technology or you can email xxxxxxxxxx@xxxx.xxx Yes. You are welcome to take the device home with you over breaks. If you withdraw or transfer from UCCS, you will be required to return the device to the OIT Help Desk. This Chromebook is the property of UCCS. Once you separate (graduate, transfer, etc) from the university, the device needs to be returned to the OIT Help Desk. This Chromebook is the property of UCCS. If you attempt to sell it, UCCS OIT will immediately make the Chromebook unusable. All repair ...
Depreciation of Equipment i. If a Chromebook is lost or stolen and cannot be returned during year one, 100% of initial purchase price will be charged to the student’s account. (2020 current purchase price
Depreciation of Equipment 
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Related to Depreciation of Equipment

  • Return of Equipment (a) At the expiration or termination of this Agreement or any Schedule, Lessee shall perform any testing and repairs required to place the units of Equipment in the same condition and appearance as when received by Lessee (reasonable wear and tear excepted) and in good working order for the original intended purpose of the Equipment. If required the units of Equipment shall be deinstalled, disassembled and crated by an authorized manufacturer's representative or such other service person as is reasonably satisfactory to Lessor. Lessee shall remove installed markings that are not necessary for the operation, maintenance or repair of the Equipment. All Equipment will be cleaned, cosmetically acceptable, and in such condition as to be immediately installed into use in a similar environment for which the Equipment was originally intended to be used. All waste material and fluid must be removed from the Equipment and disposed of in accordance with then current waste disposal laws. Lessee shall return the units of Equipment to a location within the continental United States as Lessor shall direct. Lessee shall obtain and pay for a policy of transit insurance for the redelivery period in an amount equal to the replacement value of the Equipment. The transit insurance must name Lessor as the loss payee. The Lessee shall pay for all costs to comply with this section (a). (b) Until Lessee has fully complied with the requirements of Section 9(a) above, Lessee's rent payment obligation and all other obligations under this Agreement shall continue from month to month notwithstanding any expiration or termination of the lease term. Lessor may not terminate the Lessee's right to use Equipment, unless Lessee is in default. (c) Lessee shall provide to Lessor a detailed inventory of all components of the Equipment including model and serial numbers. Lessee shall also provide an up-to-date copy of all other documentation pertaining to the Equipment. All service manuals, blueprints, process flow diagrams, operating manuals, inventory and maintenance records shall be given to Lessor at least ninety (90) days and not more than one hundred twenty (120) days prior to lease termination. (d) Lessee shall make the Equipment available for on-site operational inspections by potential purchasers at least one hundred twenty (120) days prior to and continuing up to lease termination. Lessor shall provide Lessee with reasonable notice prior to any inspection. Lessee shall provide personnel, power and other requirements necessary to demonstrate electrical, hydraulic and mechanical systems for each item of Equipment.

  • Installation of Equipment You represent that there are no legal, contractual or similar restrictions on the installation of the Equipment in the location(s) you have authorized. It is your responsibility to ensure compliance with all applicable building codes, zoning ordinances, homeowners’ association rules, covenants, conditions, and restrictions related to the Service, to pay any fees or other charges, and to obtain any permits or authorizations necessary for the installation or use of the Service (collectively "Legal Requirements"). You are solely responsible for any fines or similar charges for violation of any applicable Legal Requirements. You acknowledge and agree that Viasat or its designated service provider will be required to access your premises and computer to install and maintain the Equipment, including, without limitation, the antenna and its components. Standard Equipment installations performed by Viasat-authorized installers include: (i) installation of the antenna to an outside wall or sloped roof; (ii) travel to and from your Service location within 50 miles of the installer’s office; (iii) cable routed through one exterior wall and one interior wall or floor; (iv) connection of the antenna to the modem using up to 150 feet of cable; (v) connection of the modem to one computer using up to 7 feet of cable; and (vi) required mounting and cabling hardware. Any different or additional installation services or hardware are non-standard and may result in additional charges to be agreed upon between you and the installer. All installations include attaching the Equipment to your computer, installing software on your computer and configuring your computer to optimize the performance of the Internet Service. You confirm that you have reviewed the installation plan and agreed to any associated charges. If you approved a roof mount, you acknowledge the potential risks associated with this type of installation (including, without limitation, with respect to any warranty that applies to your roof or roof membrane). By signing this Agreement, scheduling a service or installation visit, and permitting us or our service provider to enter your home, you are authorizing Viasat and its service provider to perform all of the above actions. You are responsible for backing up the data on your computer and we highly recommend that you do so prior to permitting access to us or one of our designated service providers. NEITHER VIASAT NOR ITS SERVICE PROVIDER SHALL HAVE ANY LIABILITY WHATSOEVER FOR ANY LOSSES RESULTING FROM THE EQUIPMENT OR ANY INSTALLATION, REPAIR OR OTHER SERVICES ASSOCIATED WITH THE EQUIPMENT, INCLUDING WITHOUT LIMITATION, DAMAGE TO YOUR PREMISES OR LOSS OF SOFTWARE, DATA OR OTHER INFORMATION FROM YOUR COMPUTER. This limitation does not apply to any damages arising from the gross negligence or willful misconduct of us or one of our designated service providers. Time frames for installation, if any, are not guaranteed and may vary depending on the types of services requested and other factors.

  • DISPOSITION OF EQUIPMENT The Grantee shall provide to the State, not less than 30 calendar days prior to submission of the final invoice, an itemized inventory of equipment purchased with funds provided by the State. The inventory shall include all items with a current estimated fair market value of more than $5,000.00 per item. Within 60 calendar days of receipt of such inventory the State shall provide the Grantee with a list of the items on the inventory that the State will take title to. All other items shall become the property of the Grantee. The State shall arrange for delivery from the Grantee of items that it takes title to. Cost of transportation, if any, shall be borne by the State.

  • Location of Equipment The Customer shall not remove the Equipment from the location shown herein as the place of use of the equipment, without prior written approval of the Company. The Customer shall inform the Company by email upon demand of the exact location of the Equipment while it is in the Customer’s possession.

  • Depreciation The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the SERIES #SadaharuOhBat going forward. Series Designation of #TEDWILLIAMSTRIPLECROWNBAT, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #TEDWILLIAMSTRIPLECROWNBAT, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment May 7, 2021 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #TEDWILLIAMSTRIPLECROWNBAT with effect from the effective date hereof and shall continue to act as the Managing Member of #TEDWILLIAMSTRIPLECROWNBAT until dissolution of #TEDWILLIAMSTRIPLECROWNBAT pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #TEDWILLIAMSTRIPLECROWNBAT shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #TEDWILLIAMSTRIPLECROWNBAT through that certain Consignment Agreement dated as of May 6, 2021, as it may be amended from time to time, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #TEDWILLIAMSTRIPLECROWNBAT from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #TEDWILLIAMSTRIPLECROWNBAT Interests the Company can issue may not exceed the purchase price, in the aggregate, of $250,000. Number of #TEDWILLIAMSTRIPLECROWNBAT Interests held by the Managing Member and its Affiliates The Managing Member must purchase a minimum of 0.5% and may purchase additional #TEDWILLIAMSTRIPLECROWNBAT Interests (including in excess of 10%), in its sole discretion, through the Offering. Broker Dalmore Group, LLC, a New York limited liability company. Brokerage Fee Up to 1.00% of the gross proceeds of the Interests from #TEDWILLIAMSTRIPLECROWNBAT sold at the Initial Offering of the #TEDWILLIAMSTRIPLECROWNBAT Interests (excluding the #TEDWILLIAMSTRIPLECROWNBAT Interests acquired by any Person other than Investor Members). Other rights Holders of #TEDWILLIAMSTRIPLECROWNBAT Interests shall have no conversion, exchange, sinking fund, redemption or appraisal rights, no preemptive rights to subscribe for any securities of the Company and no preferential rights to distributions of #TEDWILLIAMSTRIPLECROWNBAT Interests. Officers There shall initially be no specific officers associated with #TEDWILLIAMSTRIPLECROWNBAT, although, the Managing Member may appoint Officers of #TEDWILLIAMSTRIPLECROWNBAT from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Interest per Member. · Upon completion of the SERIES #TedWilliamsTripleCrownBat Offering, SERIES #TedWilliamsTripleCrownBat will purchase a Txx Xxxxxxxx 1947 Game Used Triple Crown Bat (The “Underlying Asset” with respect to SERIES #TedWilliamsTripleCrownBat, as applicable), the specifications of which are set forth below.

  • Substitution of Equipment In the event the Computer is inoperable, ASL has a limited number of spare laptops for use while the Computer is being repaired or replaced. This agreement remains in effect for such a substitute. The Student may NOT opt to keep a broken Computer or to avoid using the Computer due to loss or damage.

  • Condition of Equipment Each Grantor will maintain or cause to be maintained and preserved in good condition, repair and working order, ordinary wear and tear excepted, the Equipment (necessary or useful to its business) and will forthwith, or in the case of any loss or damage to any Equipment of any Grantor within a commercially reasonable time after the occurrence thereof, make or cause to be made all repairs, replacements and other improvements in connection therewith which are necessary or desirable, consistent with past practice, or which the Collateral Agent may request to such end. Any Grantor will promptly furnish to the Collateral Agent a statement describing in reasonable detail any such loss or damage in excess of $25,000 per occurrence to any Equipment.

  • Administration of Equipment 24 6.4.1. Records and Schedules of Equipment...................................................................24 6.4.2. Dispositions of Equipment............................................................................24 6.5.

  • Protection of Service and Property Each Party will exercise the same degree of care to prevent harm or damage to the other Party and any third parties, its employees, agents or End User Customers, or their property as it employs to protect its own employees, agents, End User Customers and property, , but in no case less than a commercially reasonable degree of care.

  • Location of Equipment and Inventory All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

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