Equipment Contracts Clause Samples

Equipment Contracts. Ninety percent of the approved contract amount,including amendments, with the final 10 percent available when RUS approves the contract closeout certification.

Equipment Contracts. Schedule 4.22 of the Disclosure Schedules sets forth a complete list of all Equipment Contracts involving aggregate payments in excess of $25,000 per annum, together with a description of the assets to which the Equipment Contracts relate. All of the Equipment Contracts are in full force and effect and no material default exists on the part of the Corporation, or, to the knowledge of the Corporation, on the part of any of the other parties thereto. The entire interest of the Corporation under each of the Equipment Contracts is held by the Corporation free and clear of any Encumbrances, other than Permitted Encumbrances, and all payments due under the Equipment Contracts have been duly and punctually paid.

Equipment Contracts. The Acquired Corporations are not party or -------------------- otherwise bound by any Equipment Contracts.

Equipment Contracts. Schedule 4.23 sets forth a complete list of all Equipment Contracts involving aggregate payments in excess of $10,000 per annum, together with a description of the assets to which the Equipment Contracts relate. The Equipment Contracts listed in Schedule 4.23 are all those used to earn the revenue shown on the Company Financial Statements. All of the Equipment Contracts are in full force and effect and no default exists on the part of the Corporations, or, to the knowledge of the Corporations and the Vendors, on the part of any of the other parties thereto. The entire interest of the Corporations under each of the Equipment Contracts is held by them free and clear of any Encumbrances, other than Permitted Encumbrances, and all payments due under the Equipment Contracts have been duly and punctually paid. To the extent any rights under the Equipment Contracts are not used directly in the Business, the Corporations have legally enforceable commitments from Franchisees which are at arm's length from the Vendors and the Corporations, to reimburse the Corporations for the costs of those rights.

Equipment Contracts. Schedule 6.22 sets forth a complete list of all equipment leases, conditional sales contracts, title retention agreements and other agreements relating to equipment used by the Vendor in connection with the Business or situated on or within the Facilities (the “Equipment Contracts”); all such Equipment Contracts are in full force and effect and no default exists on the part of the Vendor, or, to the best of the knowledge of the Vendor on the part of any of the other parties thereto; the entire interest of the Vendor under any such Equipment Contracts is held by it free and clear of any and all Encumbrances other than Permitted Encumbrances, and all payments due under such Equipment Contracts have been duly paid.

Equipment Contracts. Schedule Error! Reference source not found. sets forth a complete list of all Equipment Contracts together with a description of the equipment and other assets to which the Equipment Contracts relate. All of the Equipment Contracts are in full force and effect and no default exists on the part of the Company or any of the Subsidiaries, or, to the knowledge of the Company, on the part of any of the other parties thereto.

Equipment Contracts. Schedule 4.22 sets forth a true and complete list of all Equipment Contracts involving aggregate payments to or by the Vendor or Spar Operations in excess of $25,000/year together with a description of the equipment and 47 -42- vehicles to which the Equipment Contracts relate. All of the Equipment Contracts are in full force and effect and no material default exists on the part of the Vendor or Spar Operations, or, to the knowledge of the Vendor, on the part of any of the other parties thereto. The entire interest of the Vendor or of Spar Operations under each of the Equipment Contracts is held by it free and clear of any Encumbrances, other than Permitted Encumbrances, and all payments due under the Equipment Contracts have been duly and punctually paid.

Equipment Contracts. 48 Section 4.32

Equipment Contracts. Provisions for all Equipment Contracts