Funded Equipment Sample Clauses
The 'Funded Equipment' clause defines which equipment is being financed or paid for under the terms of the agreement. It typically specifies the items, models, or categories of equipment that are covered, and may include details such as serial numbers, purchase dates, or funding amounts. This clause ensures that both parties are clear about which assets are subject to the funding arrangement, thereby preventing disputes over what is included and ensuring proper allocation of financial responsibility.
Funded Equipment. Exhibit H to the Lease is hereby deleted in its entirety and replaced with Exhibit A to this Third Amendment.
Funded Equipment. Exhibit H to the Lease is hereby deleted in its entirety and replaced with Exhibit A to this First Amendment. Exhibit H to the Lease may be further supplemented by Tenant, with Landlord’s reasonable acceptance, within 90 days after the Commencement Date.
Funded Equipment. CONTRACTOR shall provide an inventory of all Funded Equipment to DECORA as and when DECORA may request and, in any event (whether or not DECORA so requests) at the end of each calendar year during the Term, which inventory shall be updated by CONTRACTOR from time to time to reflect changes to such inventory. CONTRACTOR shall maintain Funded Equipment in good operating condition (subject to reasonable wear and tear); and should CONTRACTOR decide to sell any items of Funded Equipment owned by the CONTRACTOR, it shall first offer in writing to sell the same to DECORA at a price calculated in accordance with Section 4.6(a)(i), leaving such offer open for thirty (30) days after notice thereof is received by DECORA.
Funded Equipment