PROPERTY OR EQUIPMENT Sample Clauses

PROPERTY OR EQUIPMENT. ‌ Except as otherwise provided in this Contract, computer or other special equipment needed to fulfill this Contract, shall be purchased through the ADOT Procurement Group and considered as ADOT property. The control, utilization and disposition of property or equipment acquired using Federal/State funds shall be determined in accordance with the property management standards set forth in 2 CFR 200 and ADOT Policy – FIN 11.02 and shall follow ADOT’s Fixed Assets procedures in both property identification and inventory control processes.
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PROPERTY OR EQUIPMENT. Any real property or equipment purchased during an active term of this Agreement shall belong to the Party making the purchase. Each Party shall provide the other with an inventory list of property and equipment purchased that year at the Annual Meeting.
Sample 1

Related to PROPERTY OR EQUIPMENT

  • Other Equipment Seller shall install, own and maintain the infrastructure associated with the Revenue Metering Package, including but not limited to all enclosures (meter cabinets, meter pedestals, meter sockets, pull boxes, and junction boxes, along with their grounding/bonding connections), CT/PT mounting structures, conduits and ductlines, enclosure support structures, ground buses, pads, test switches, terminal blocks, isolation relays, telephone surge suppressors, and analog phone lines (one per meter), subject to Company's review and approval.

  • Construction Equipment Construction Equipment means all tools, machinery and equipment, either operated or not operated, that is required for preparing, fabricating, conveying, erecting, or otherwise performing the Work but is not incorporated into the Work.

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