Owned Vehicles Clause Samples

The "Owned Vehicles" clause defines which vehicles are considered as being owned by a party under the agreement. Typically, this clause specifies that only vehicles registered in the name of the party, or for which the party holds legal title, are included. For example, it may clarify that leased or borrowed vehicles are excluded unless otherwise stated. The core function of this clause is to clearly delineate the scope of vehicles covered by the contract, ensuring there is no ambiguity about which vehicles are subject to the agreement’s terms, such as insurance coverage or liability provisions.
Owned Vehicles. Hired and Non-Owned Vehicles.
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Owned Vehicles. 1.1 Parent ................................................................
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Owned Vehicles. Those vehicles identified on Section -------------- ------- 2.01(a)(ii) of the Disclosure Schedule (the "Owned Vehicles"); --------------------------------------- --------------
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Owned Vehicles. Those chassis, trailers and the like vehicles owned by the Sellers identified on the Disclosure Schedule (the “Owned Vehicles”);
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Owned Vehicles. The maximum amount that will be awarded is the actual price of the vehicle. This will not include taxes, registration fees, charges for a service contract or insurance, trade-in over-allowance, debt from a previous transaction (negative equity), and finance charges.
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Related to Owned Vehicles

  • Vehicles If an employee is required to use their own automobile in the performance of their duties, the Employer shall ensure that the position posting or advertisement shall include this requirement.

  • Personal Vehicles A. Employees who are directed by the Employer to use a personal vehicle for official state business shall do so in accordance with state fleet policies established by the Department of Budget and Management. When circumstances make it impractical for an employee to obtain a state vehicle on the day the vehicle will be used, such employee may request the vehicle at the end of the prior day’s shift, and the appointing authority shall make reasonable accommodation, consistent with the efficient operation of the unit, to accommodate such request. If such request cannot be granted, the employee may use his/her own vehicle and be reimbursed at the full rate in accordance with state fleet policies.

  • Fixtures and Equipment Each of the Company and its Subsidiaries (as applicable) has good title to, or a valid leasehold interest in, the tangible personal property, equipment, improvements, fixtures, and other personal property and appurtenances that are used by the Company or its Subsidiary in connection with the conduct of its business (the “Fixtures and Equipment”). The Fixtures and Equipment are structurally sound, are in good operating condition and repair, are adequate for the uses to which they are being put, are not in need of maintenance or repairs except for ordinary, routine maintenance and repairs and are sufficient for the conduct of the Company’s and/or its Subsidiaries’ businesses (as applicable) in the manner as conducted prior to the Closing. Each of the Company and its Subsidiaries owns all of its Fixtures and Equipment free and clear of all Liens except for (a) liens for current taxes not yet due and (b) zoning laws and other land use restrictions that do not impair the present or anticipated use of the property subject thereto.

  • Property and Equipment The ACT is prohibited from operating the equipment and technical facilities of the Venue without the consent of HAPPY HEART.

  • Furniture, Fixtures and Equipment Licensee acknowledges receipt in good condition of the Premises, without warranty, expressed or implied, on its condition or fitness. Licensee shall not alter the Premises’ fixtures, furnishings or equipment without consent of the Institute. Upon expiration or revocation of this License Contract, Licensee shall return the Premises, with Institute’s furniture, fixtures and equipment to Institute in the same condition as when received, less reasonable wear and tear. Licensee waives California Civil Code Section 1957, if applicable.