Personal Property Inventory. To maintain an inventory of all personal property located on the Property.
Personal Property Inventory. 23 Employee personal property coverage shall be provided for the purpose of covering loss or 24 damage to employees' personal equipment or property; provided employees submit to the 25 Principal an inventory of equipment which they have on school property in order for it to be 26 covered by this insurance. Information to be submitted must include the general description 27 or name of the equipment, brand name, serial number, date purchased perceived value and 28 duration or length of time it shall be used on school district premises. If the District will not 29 provide this coverage to specified property, the employee requesting coverage shall be so 30 informed. The limit of liability shall be $500.00 per employee with a $10.00 deductible per 31 claim for loss or damage. 32
Personal Property Inventory. An inventory of the Personal Property to be conveyed to Purchaser at Closing;
Personal Property Inventory. A complete, itemized and detailed inventory of the Personal Property.
Personal Property Inventory. Prior to Closing, Sellers shall use commercially reasonable efforts to cooperate with Buyers in obtaining a comprehensive inventory of all Personal Property (e.g., all equipment owned by Sellers falling into any category of equipment set forth on Schedule 6.8) for each of the Properties (the “Final Personal Property Inventory List”). Sellers shall permit, coordinate and cooperate with any consultants for Buyers to attend all inventory inspections at the Properties. Each party shall bear their own costs in connection with the foregoing.
Personal Property Inventory. Seller shall not remove any of the Property, including Personal Property, from the Real Property or the Improvements nor use any of the Personal Property prior to the Closing Date except such use thereof as is normal and customary in the operation and maintenance of the Property. Seller warrants that supplies and maintenance items shall be maintained at a customary level and will be available and conveyed to Purchaser on the Closing Date.
Personal Property Inventory. A list of all Personal Property located within the Hotel to be conveyed to Buyer upon the Close of Escrow;
Personal Property Inventory. All Landlord Replacement Property shall become part of the Leased FF&E and the property of Landlord. Any furnishings, supplies, equipment or other tangible personal property that is not Leased FF&E or Landlord’s Other Excluded Assets and that can be removed without damage to or impairment of the Buildings (“Tenant’s Tangible Personal Property”) shall remain the property of Tenant and shall not be Leased Property. Tenant shall maintain an inventory of Tenant’s Tangible Personal Property and the Leased FF&E and shall provide Landlord a report of such inventory, in such form as Landlord may reasonably require, within 30 days after the end of each Lease Year, or more often upon Landlord’s reasonable request.
Personal Property Inventory. (a) A Visteon Sale Entity has good, valid and marketable title to all of the Personal Property included in the Business Assets and Transferred Stock and Assets free and clear of all Liens, except for Personal Property Permitted Exceptions.
(i) All Inventory is merchantable and saleable in the ordinary course of business consistent with past practice, (ii) all Inventory is of a quantity consistent with the quantity levels maintained in the ordinary course of business consistent with past practice, taking into account the seasonality of the Business, (iii) all Inventory has been priced at the lower of cost or market in accordance with GAAP and the Seller Policy Manual, applied consistently in the same manner as the Financial Information, (iv) no customer or distributor of any Visteon Sale Entity has the right to return for credit or refund items that, if returned, would be included in any Visteon Sale Entity’s Inventory pursuant to any agreement, understanding or practice of such Visteon Sale Entity with respect to taking back any product (other than with respect to defective products), (v) no Visteon Sale Entity is in possession of any inventories not owned by the Visteon Sale Entities, including goods already sold and (vi) other than Inventory held at warehouses or third-party processors in the ordinary course of business, there is no product of any Visteon Sale Entity in the possession of customers or distributions of any Visteon Sale Entity on consignment or on a similar basis.
Personal Property Inventory. (a) Schedule 4.13 lists, in reasonable detail, (i) all vehicles owned or leased by the Company, regardless of value, (ii) all other personal property owned by the Company with an individual book value or market value in excess of $10,000, and (iii) all leased personal property and all leases in respect of personal property, regardless of value, and further indicates which such assets, if any, are currently owned, or were formerly owned, by the Stockholder, relatives of the Stockholder or Affiliates of the Company or the Stockholder. Except as set forth on Schedule 4.13:
(i) the Company has good and marketable title (except for property leased by the Company pursuant to a lease or agreement set forth on Schedule 4.13) to all personal property, whether tangible or intangible (including its rights in its leases and agreements with respect to any leased property), used by the Company in its business, free and clear of all liens, security interests, charges and other encumbrances of any kind;
(ii) all of the tangible personal property (other than inventory) owned by the Company or leased by the Company pursuant to any lease listed on Schedule 4.13 is in good working order and condition, ordinary wear and tear excepted, and in the case of leased property is in the condition required by the applicable lease; and
(iii) all leases, included any listed on Schedule 4.13, are in full force and effect and constitute legal, valid and binding agreements of the parties (and their successors) thereto in accordance with their respective terms.
(b) All inventory of the Company is saleable or useable in the ordinary course of business consistent with past practice and all damaged, obsolete or slow moving inventory or inventory in excess of the amount reasonably required for the operation of its business has been written off or down to its net realizable value on the Company Financial Statements and the books and records of the Company.
