Equipment, Etc Sample Clauses
The 'Equipment, Etc' clause defines the responsibilities and terms related to the provision, use, and maintenance of equipment and related materials necessary for fulfilling the contract. Typically, this clause specifies which party is responsible for supplying equipment, outlines standards for its condition, and may address issues such as repair, replacement, or liability for damage. By clearly allocating duties and expectations regarding equipment, the clause helps prevent disputes and ensures that all necessary resources are available and properly managed throughout the contractual relationship.
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Equipment, Etc. Each Grantor shall, (i) within ten (10) days after a written request by the Administrative Agent, in the case of Equipment now owned, and (ii) following a request by the Administrative Agent pursuant to subclause (i) above, within ten (10) days after acquiring any other Equipment, deliver to the Administrative Agent, any and all certificates of title, and applications therefor, if any, of such Equipment and shall cause the Administrative Agent to be named as lienholder on any such certificate of title and applications. No Grantor shall permit any such items to become a fixture to real estate or an accession to other personal property unless such real estate or personal property is the subject of a fixture filing (as defined in the UCC) creating a first priority perfected Lien in favor of the Administrative Agent.
Equipment, Etc. Each Grantor will maintain each item of Equipment in the same condition, repair and working order as when acquired, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and in accordance with any manufacturer's manual, and will as quickly as practicable provide all maintenance, service and repairs necessary for such purpose and will promptly furnish to the Administrative Agent a statement respecting any material loss or damage to any of the Equipment.
Equipment, Etc. (a) All items of equipment and other tangible assets owned by or leased to Cellatope that are included in the Acquired Assets are adequate for the uses to which they are being put and are structurally sound, free of defects and deficiencies and in good condition and repair (ordinary wear and tear excepted).
Equipment, Etc. Circle K shall deliver to CrossAmerica such bills of sale, endorsements, assignments and other good and sufficient instruments of conveyance and transfer, in form and substance reasonably satisfactory to CrossAmerica, as shall be effective to vest in CrossAmerica all of Circle K's right, title and interest in and to the applicable CK Equipment and other CK Assets. A satisfactory form of ▇▇▇▇ of sale is attached hereto as Schedule 2.7(a)(iii) (the "▇▇▇▇ of Sale").
Equipment, Etc. 2.10.1 Part 2.10 of the Disclosure Schedule consists of Buyer's capital equipment and depreciation schedule, which describes historical cost and depreciation information with respect to all of Buyer's capital equipment, furniture, fixtures, improvements and other tangible personal property. Part
Equipment, Etc. (a) Part 2.13 of the Disclosure Schedule accurately identifies each item of equipment, furniture, fixtures, improvements and other tangible assets (other than inventory) owned by the Company having a value in excess of $5,000. Part 2.13 also accurately identifies each tangible asset leased to the Company that has a value in excess of $5,000.
(b) Each asset identified or required to be identified in Part 2.13 of the Disclosure Schedule:
(i) is structurally sound, free of defects and deficiencies and in good condition and repair (ordinary wear and tear excepted);
(ii) complies in all respects with, and is being operated and otherwise used in full compliance with, all applicable Legal Requirements; and
(iii) is adequate for the uses to which it is being put.
(c) The assets identified in Part 2.13 of the Disclosure Schedule are adequate for the conduct of the Company's business in the manner in which such business is currently being conducted and in the manner in which such business is proposed to be conducted.
Equipment, Etc. Part 2.8 of the Disclosure Schedule accurately identifies all equipment, materials, prototypes, tools, supplies, vehicles, furniture, fixtures, improvements and other tangible assets used in connection with the Business, and accurately sets forth the date of acquisition, original cost and book value of each of said assets. Part 2.8 of the Disclosure Schedule also accurately identifies all tangible assets leased to the Seller and used in the Business. Each asset identified or required to be identified in Part 2.8 of the Disclosure Schedule: (a) is structurally sound, free of defects and deficiencies and in good condition and repair (ordinary wear and tear excepted); (b) complies in all respects with, and is being operated and otherwise used in full compliance with, all applicable Legal Requirements; and (c) is adequate and appropriate for the uses to which it is being put. The assets identified in Part 2.8 of the Disclosure Schedule are adequate for the conduct of the Business in the manner in which it is currently being conducted and in the manner in which such business has been proposed by Seller management to be conducted.
Equipment, Etc. All of Debtor's right, title and interest (if any) in equipment, supplies, fittings, furnishings and other items of any kind ordered, obtained, or possessed by Debtor or for its account, whether held by Debtor, by sellers under any contracts for the purchase of equipment or by others, together with any product into which such equipment may be processed, manufactured or assembled and together with all substitutions for said equipment and all parts, instruments, accessories, alterations, modifications, replacements, additions and accessions to said equipment (collectively, the "Equipment").
Equipment, Etc. The Charterer shall have the use, without additional payment to the Owner, of such equipment, outfit, furniture, furnishings, appliances, spare or replacement parts and nonconsumable stores as shall have been on board the Vessel on the Delivery Date. The same or their substantial equivalent shall be returned to the Owner on redelivery or retaking of the Vessel in the same good order and condition as received by the Charterer on the Delivery Date, ordinary wear and tear excepted, and any such items damaged or so worn in service as to be unfit for use, or used as a spare part for replacement purposes, or lost or destroyed shall be replaced by the Charterer with an identical or substantially equivalent replacement item in at least as good working order and condition as those of the replaced item when received by the Charterer on the Delivery Date at or before redelivery of the Vessel. Such replacement, whenever made, shall be deemed part of the "Vessel" for all purposes of, and its use or possession shall be subject to the terms and conditions of, this Charter.
Equipment, Etc. Part 2.10 of the Target Disclosure Schedule accurately identifies all equipment, materials, tools, supplies, vehicles, furniture, fixtures, improvements and other tangible assets owned by each of the Target Companies, and accurately sets forth the date of acquisition, original cost and book value of each of said assets. Part 2.10 of the Target Disclosure Schedule also accurately identifies all tangible assets leased to each of the Target Companies. Each Asset identified or required to be identified in Part 2.10 of the Target Disclosure Schedule: (i) is structurally sound, free of defects and deficiencies and in good condition and repair (ordinary wear and tear excepted); and (ii) complies in all material respects with, and is being operated and otherwise used in full compliance with, all applicable Legal Requirements.