Off Contract Equipment Sample Clauses

Off Contract Equipment. From time to time, GE Capital or its Affiliate may make available to Navistar Off Contract Equipment for remarketing through a UTC on such terms as Navistar and GE Capital shall mutually agree. If Navistar and GE Capital agree to such remarketing by Navistar, GE Capital or its Affiliate shall cause its agent or the Obligor to deliver the Off Contract Equipment to the UTC nearest such Obligor. Within 10 Business Days of the delivery of the Off Contract Equipment to the UTC, Navistar shall, or shall cause a Navistar Company to, arrange an Equipment Inspection in respect thereof and cause the results of such Equipment Inspection to be delivered to GE Capital along with, at Navistar’s sole discretion, a calculation of the price for which Navistar would purchase or cause to be purchased such Off Contract Equipment. If Navistar elects to provide such offer and such offered price is acceptable to GE Capital or its Affiliate, Navistar shall purchase or shall cause to be purchased the Defaulted Equipment on an “AS IS, WHERE IS” basis, without representation or warranty (other than Agreed Warranties with respect thereto) for a price equal to such agreed value. If (x) Navistar elects not to purchase such Off Contract Equipment or (y) the offered price for such Off Contract Equipment is not acceptable to GE Capital or its Affiliate, Navistar shall use, or shall cause to be used, commercially reasonable efforts to remarket such Off Contract Equipment on a non-discriminatory basis (as provided in Section 17(c)(i)) during the Remarketing Period applicable to such Off Contract Equipment on mutually agreeable terms and conditions, including with respect to the payment of commissions and the reimbursement of expenses). GE Capital or its Affiliate may assist in the remarketing of such Off Contract Equipment through its own efforts during the Remarketing Period, including on line marketing efforts and public sales events advertised and held by GE Capital or its agent in accordance with industry practice; provided, however, GE Capital and its agents shall coordinate all sales of any Equipment during the Remarketing Period with Navistar. If the Off Contract Equipment remains unsold at the end of the applicable Remarketing Period, GE Capital may take possession of such Off Contract Equipment from Navistar and dispose of such Equipment through other means.
Sample 1
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Related to Off Contract Equipment

  • New Equipment Where new types of equipment and/or operations, for which rates of pay are not established by this Agreement, are put into use after the ratification date of this Agreement within operations covered by this Agreement, rates governing such operations shall be subject to negotiations between the parties. This paragraph shall apply to all new types of equipment including office and clerical equipment. In the event an agreement cannot be reached within sixty (60) days after the date such equipment is put into use, the matter may shall be submitted to the National Grievance Committee for final disposition. Rates agreed upon or awarded shall be effective as of the date equipment is put to use

  • Life support equipment (a) If a person living or intending to live at your premises requires life support equipment, you must: (i) register the premises with your retailer or with us; and (ii) provide medical confirmation for the premises. (b) Subject to satisfying the requirements in the Rules, your premises may cease to be registered as having life support equipment if medical confirmation is not provided to us or your retailer.

  • Leased Equipment The risk of loss or damage to leased equipment, goods or property shall not transfer to the University except as provided in §680.219, Florida Statutes. Any security interest in the leased equipment, goods or property granted to the Contractor contrary to AGO 79-72 and AGO 80-9 is null and void. Limitations of remedies provisions, which are unconscionable under applicable Florida law, are void. MATERIAL SAFETY DATA SHEET (MSDS). In compliance with Florida Statutes, Ch. 442, a Material Safety Data Sheet (MSDS) must accompany any applicable item delivered under this Agreement.

  • Equipment Use Lessee agrees that the Equipment will be operated by competent, qualified personnel in connection with Lessee's business for the purpose for which the Equipment was designed and in accordance with applicable operating instructions, laws, and government regulations, and that Lessee shall use all reasonable precautions to prevent loss or damage to the Equipment from fire and other hazards. Lessee shall procure and maintain in effect all orders, licenses, certificates, permits, approvals, and consents required by federal, state, or local laws or by any governmental body, agency, or authority in connection with the delivery, installation, use, and operation of the Equipment.

  • Additional Equipment Additional Equipment may from time to time be added as the subject matter of this Agreement as agreed on by the parties. Any additional property will be added in an amendment describing the property, the monthly rental, security deposit, and stipulated loss value of the additional Equipment. All amendments must be in writing and signed by both parties. Other than by this amendment procedure, this Agreement may not be amended, modified, or altered in any manner except in writing signed by both parties.

  • Safety Equipment Should the employment duties of an employee in the bargaining unit require use of any equipment or gear to insure the safety of the employee or others, the District agrees to furnish such equipment or gear.

  • Mandatory equipment (a) All Employees engaged to work on site will be supplied with safety footwear and safety helmets appropriate to the work that they perform before commencing work on a project. The safety footwear will be of an equivalent standard to those made by: (i) Steel Blue; (ii) Xxxxxx; and (iii) Mongrel Boots. (b) These items must be worn at all times as instructed during the site induction process. (c) Helmets must not be painted, drilled or modified in any way. Damaged and/or worn footwear and helmets will be replaced on demand.

  • Capital Equipment Collaborator’s commitment, if any, to provide ICD with capital equipment to enable the research and development activities under the Research Plan appears in Appendix B. If Collaborator transfers to ICD the capital equipment or provides funds for ICD to purchase it, then ICD will own the equipment. If Collaborator loans capital equipment to ICD for use during the CRADA, Collaborator will be responsible for paying all costs and fees associated with the transport, installation, maintenance, repair, removal, or disposal of the equipment, and ICD will not be liable for any damage to the equipment.

  • Equipment Cleaning (a) Areas, known by Forest Service prior to timber sale advertisement, that are infested with invasive species of concern are shown on Sale Area Map. A current list of invasive species of concern and a map showing the extent of known infestations is available at the Forest Supervisor’s Office. For purposes of this provision, “Off-Road Equipment” includes all logging and construction machinery, except for log trucks, chip vans, service vehicles, water trucks, pickup trucks, cars, and similar vehicles.

  • Equipment; Leasehold (a) All material items of equipment and other tangible assets owned by or leased to the Company are adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the Company's business in the manner in which such business is currently being conducted. (b) The Company does not own any real property or any interest in real property, except for the leasehold created under the real property lease identified in Part 2.10 of the Disclosure Schedule.

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