Selected Equipment Sample Clauses

Selected Equipment. All of Seller's right, title and interest in and to certain fixed assets and equipment, as selected by Purchaser (the "Selected Equipment"), used by Seller in the production of products for the customers of the Custom Division, as listed on Schedule 1.1(a)(viii) hereto;
Sample 1
AutoNDA by SimpleDocs
Selected Equipment. The fair market value of each of the Selected Equipment as determined by Rosen Systems Inc., appraisers, is set forth on Schedule 1.2(b) hexxxx. If the Selected Equipment has a fair market value in excess of One Hundred Thousand Dollars ($100,000), Purchaser shall pay such excess amount to Seller on the Closing Date, payable in accordance with Section 1.3(c)(i) hereof. Purchaser shall pay any shipping and transportation expenses or costs incurred in the delivery of the Selected Equipment to Purchaser's facility.
Sample 1
Selected Equipment. Between the Effective Date and the Closing Date, the Buyer shall have the right to purchase and take possession of any of the Personal Property and Equipment (the "Selected Equipment"). The purchase price payable pursuant to Section 1.3(a) for the remaining Assets at Closing shall be reduced by the amount paid by the Buyer for the Selected Equipment purchased under this Section 5.3. The Buyer shall give the Seller notice of the Selected Equipment it proposes to purchase, and the date of the proposed purchase (the "Purchase Date") at least 24 hours prior to such Purchase Date. Upon receipt of such notice from the Buyer, notwithstanding the first sentence of this Section 5.3, the Seller shall inform the Buyer which pieces of the Selected Equipment it is no longer using in the conduct of the Seller's Business that the Buyer may purchase on the Purchase Date. The Buyer and Seller shall mutually agree on the price attributable to the Selected Equipment prior to the Purchase Date. On the Purchase Date, the Buyer shall deliver to the Seller the agreed upon purchase price for the Selected Equipment in accordance with the payment delivery terms set forth in Section 1.3(d). Upon the Buyer's delivery of such purchase price, Seller shall afford Buyer and its authorized representatives access to Seller's facility for purposes of removing such Selected Equipment provided that Buyer shall remove such Selected Equipment in accordance with the terms of Section 8.4.
Sample 1

Related to Selected Equipment

  • Leased Equipment Schedule 3.16(e) hereto contains a list of all leases or other agreements, whether written or oral, under which the Corporation is lessee of or holds or operates any items of machinery, equipment, tools, motor vehicles, furniture and fixtures or other property (other than real property) owned by any third party (collectively, the "Leased Equipment").

  • Additional Equipment RX agrees to install and/or supply additional Equipment, as determined by mutual agreement of the parties, at no additional cost to Six Flags.

  • Designated Equipment; Designated Locations The System and the Data Access Services shall be used and accessed solely on and through the Designated Configuration at the offices of the Fund or the Fund Accountants in Xxxxxxxxx, Xxxxxxxx xx Xxxxxx Xxxxx, Xxxxxxxx (“Designated Locations”).

  • SERVICES AND EQUIPMENT Section 21.01. Landlord shall, at its cost and expense:

  • 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.

  • Buyer Furnished Equipment 14.3.2.1 The Seller shall introduce data related to Buyer Furnished Equipment, for equipment that is installed on the Aircraft by the Seller (hereinafter “BFE Data”) into the customized Technical Data, at no additional charge to the Buyer for the initial issue of the Technical Data provided at first Aircraft Delivery, provided such BFE Data is provided in accordance with the conditions set forth in Clauses 14.3.2.2 through 14.3.2.6.

  • Inventory and Equipment with Bailees Store the Inventory or Equipment of Parent, Borrowers or their respective Subsidiaries at any time now or hereafter with a bailee, warehouseman, or similar party.

  • Location of Equipment and Inventory All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

  • 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.

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

Time is Money Join Law Insider Premium to draft better contracts faster.