Equipment and Vehicle Lease Sample Clauses

Equipment and Vehicle Lease. Immediately upon notification by NOR-CAL that it has determined that a major breach has occurred and that said breach constitutes a serious and immediate threat to public health and safety, SEMSA will be deemed to have agreed to an immediate lease of all its Lassen County equipment, vehicles, and buildings at a fair market value rate to be determined. “Fair market value” shall be deemed to be equal to the aggregate monthly amount of SEMSA’s debt service for all facilities, equipment or vehicles used in performance of this contract that are being financed to a purchase or lease schedule as documented by SEMSA at the Ambulance Enforcement Officer’s request, and verified by NOR-CAL. Payments for use of Contractor’s other vehicles and equipment shall be based on the fair market value thereof, taking into account the age and condition of the items and using a monthly payment schedule that is based on an interest free amortization schedule for the then current anticipated useful life of the equipment which in no event shall be longer than the life remaining on the Contractor’s depreciation schedule determined in accordance with GAAP.
Sample 1
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Equipment and Vehicle Lease. Immediately upon notification by County that it has determined that a Major Breach has occurred and that said breach constitutes a serious and immediate threat to public health and safety, as provided in subsection C above, the lease of all Contractor’s equipment, vehicles, and access to buildings commences. The equipment lease is attached hereto as Exhibit 1.
Sample 1

Related to Equipment and Vehicle Lease

  • Equipment and Vehicle Parking Company will ensure that all equipment, including but not limited to, vehicles owned or operated by Company, its vendors and/or contractors, will not be parked in a manner that interferes in any way with any operations at the Airport. Company’s equipment and vehicles and those of its vendors and/or contractors will be parked in designated parking areas as provided by Authority. No vehicle shall access the AOA unless directly related to Company’s business operations. All vehicles driven, escorted, or parked on the AOA must meet Authority’s insurance requirements and any other applicable Authority Rules and Regulations and security requirements. All vehicles, including those of Company’s Parties, excluding escorted vehicles, accessing the AOA must bear Company’s identification on both sides of the vehicle which should be identifiable from a distance of fifty (50) feet. Company must also display Authority’s logo decal. Information regarding vehicle access to the AOA is available from Authority’s Badging Office. All persons accessing the AOA must adhere to Authority’s SIDA training, Airport Security Program, and TSA regulations. Company will verify that its Company Parties who operate motorized vehicles on Airport property have a valid driver’s license. Company will provide evidence in writing of such verification within fifteen (15) days’ of written request by Authority. If Company fails to provide verification or if Company’s Party is found to be driving on Airport property without a valid driver’s license, Authority will revoke the offending driver’s ID Media and may assess liquidated damages against Company of up to $1,000 per occurrence. Said liquidated damages will be due and payable within fifteen (15) days’ notice of invoice for the same. On a quarterly basis, Company will conduct and maintain periodic audits of the status of the driver’s licenses of Company Parties to ensure that they possess and maintain a valid driver’s license. Such audits shall be provided to Authority upon fifteen (15) days’ written request by Authority.

  • Equipment and Property A. The Grantee must ensure equipment with a per-unit cost of $5,000 or greater purchased with grant funds under this award is used solely for the purpose of this Grant or is properly pro-rated for use under this Grant. Grantee must have control systems to prevent loss, damage, or theft of property funded under this Grant. Grantee shall maintain equipment management and inventory procedures for equipment, whether acquired in part or whole with grant funds, until disposition occurs.

  • The Equipment 9.1 The British Council Equipment shall remain the property of the British Council and shall be used by the Supplier in the performance of the Services and for no other purposes.

  • PURCHASE OF EQUIPMENT AND PERSONAL PROPERTY For valuable consideration, the sum of $1.00, receipt of which is acknowledged, Xxxxxx agrees to quitclaim, transfer, sell, waive and release any interest it has or may have, including as the beneficiary of any trust interest created by the provisions of The Book of Discipline of The United Methodist Church, and Xxxxx agrees to accept all of Seller’s title and interest, if any, in and to all of the properties and assets held by Xxxxxx United Methodist Church and relating to the Conference’s claim for itself, or on behalf of The United Methodist Church, of any beneficial right of any kind, including all proprietary rights and privileges of any kind or nature, whether arising by operation of law, trust, contract, property or other means to all tangible personal property owned as of the date of this Bill of Sale in the name of Xxxxxx United Methodist Church (including, without limitation, cash, bank accounts, accounts and notes receivable, deposits, prepaid items, contents, furnishings, equipment, tools, furniture, leasehold improvements, computer software, permits, licenses, authorizations, books, records, papers, securities, funds, goodwill, contracts, and other intangibles (hereinafter collectively, the "Personal Property") on the terms and conditions set forth in this Bill of Sale.

  • EQUIPMENT AND TOOLS 40.01 The Employer will make available all necessary tools and equipment it requires for the performance of work assignments at no cost to the employees. Such tools and equipment will remain the property of the Employer and the employees will be required to take reasonable care of this property and may be required to sign out certain equipment and tools.

  • Equipment and Supplies Independent Contractor, at Independent Contractor's sole expense, shall provide all equipment, tools and supplies necessary to perform the Service.

  • Premises and equipment 6.1 If necessary, the Customer shall provide the Supplier with reasonable access at reasonable times to its premises for the purpose of supplying the Services. All equipment, tools and vehicles brought onto the Customer’s premises by the Supplier or the Staff shall be at the Supplier’s risk.

  • Equipment and Software To use the Mobile Remote Deposit Services, you must obtain and maintain at your expense, compatible equipment and software that we may specify from time to time.

  • Equipment and Facilities For On-Site Courses, you will supply the facility and equipment as set forth at xxx.xxxxxx.xxx/xxxxxxxx/xxxxxxxxx/xxxxxxxxxxxx.xxxx. If Red Hat agrees to provide the training facilities and hardware, you will be liable for any loss or destruction of this equipment and hardware used in connection with the Training.

  • Equipment Rental Copies of rental agreements for the equipment used, including the rental rate; and the number of hours the equipment was used on the project.

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