ACCEPTANCE OF EQUIPMENT definition

ACCEPTANCE OF EQUIPMENT. The Renter shall inspect each item of equipment delivered pursuant to this Lease. The renter shall immediately notify the Guild of any discrepancies between such item of equipment, of any damage or missing parts of the same, and the description of the equipment in the Equipment Schedule. If the Renter fails to provide such notice before accepting delivery of the equipment, the Renter will be conclusively presumed to have accepted the equipment as specified in the Equipment Schedule. OWNERSHIP AND STATUS OF EQUIPMENT: These stands are on loan, but will remain the property of the Guild.
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ACCEPTANCE OF EQUIPMENT. The Lessee shall inspect each item of equipment delivered pursuant to this lease. The Lessee shall immediately notify the Lessor of any discrepancies between such item of equipment and the description of the equipment in the Equipment Schedule. If the Lessee fails to provide such notice before accepting delivery of the equipment, the Lessee will be conclusively presumed to have accepted the equipment as specified In the Equipment Schedule. Ownership and Status of Equipment: The equipment will be deemed to be personal property, regardless of the manner in which it may be attached to any other property. The Lessor shall be deemed to have retained title to the equipment at all times, unless the Lessor transfers the title by sale. The Lessee shall immediately advise the Lessor regarding any notice of any claim, levy, lien, or legal process issued against the equipment.
Sample 1

Examples of ACCEPTANCE OF EQUIPMENT in a sentence

  • SECTION ELEVEN -------------- ACCEPTANCE OF EQUIPMENT ----------------------- Lessee has inspected the Equipment and is fully aware of its condition and as such is leasing the Equipment AS IS, WHERE IS.

  • Title of the item has been changed to read “INSPECTION AND ACCEPTANCE OF EQUIPMENT (FOR PURCHASE).

  • All the provisions of Clause 13.2 (Administrative Agent’s Obligation to Account) shall apply in respect of the liability of any Receiver or Delegate as though every reference in Clause 13.2 (Administrative Agent’s Obligation to Account) to the Administrative Agent were instead a reference to the Receiver or, as the case may be, Delegate.

  • LESSOR: NIA National Leasing Inc LESSEE: Stratcomm Media USA Inc LEASE NUMBER: DATE OF LEASE: 4/29/98 EQUIPMENT:SEE EXHIBIT A ATTACHED HERETO AND MADE A PART HEREOF ACKNOWLEDGMENT AND ACCEPTANCE OF EQUIPMENT BY LESSEE Lessee hereby acknowledges that the Equipment described above has been received in good condition and repair, has been properly installed, tested, and inspected, and is operating satisfactorily in all respects for all of intended uses and purposes.

  • CLAUSE PAGE ------ ---- CONTENTS OF ORDER 11 DEFINITIONS 11 EQUIPMENT MODIFICATION 12 OPERATING SYSTEM SOFTWARE 12 PRICE ADJUSTMENT 12 RETURN OF EQUIPMENT 12 RETURN OF MATERIALS 12-13 RISK OF LOSS 13 SALE 13 SITE PREPARATION AND INSTALLATION 13 STANDARD OF PERFORMANCE AND ACCEPTANCE OF EQUIPMENT 14 TITLE 14 TRAINING AND TECHNICAL SERVICE 15 WARRANTY 15 DEFINITIONS The definitions of Article I apply to this Article.

  • PARENT/GUARDIAN (& STUDENT) ACCEPTANCE OF EQUIPMENT: I understand that the equipment listed above will be sent home with my child in good working condition.

  • FRIESEL MOTIONED TO APPROVE THE DREDGING EQUIPMENT PURCHASE AGREEMENT BETWEEN THE LLCD & PAYNE EXCAVATING CONTINGENT UPON VERBIAGE CHANGE THAT PAYMENT IS DUE UPON ACCEPTANCE OF EQUIPMENT RATHER THAN DELIVERY.

  • In accordance with the Code, the lease agreement contained this language: DELIVERY AND ACCEPTANCE OF EQUIPMENT.

  • LESSOR LEASE NUMBER ------------------ --------------------- LESSEE DATE OF LEASE ------------------ --------------------- ACKNOWLEDGEMENT AND ACCEPTANCE OF EQUIPMENT BY LESSEE Lessee hereby acknowledges that the Equipment described above has been received in good condition and repair, has been properly installed, tested, and inspected, and is operating satisfactorily in all respects for all of Lessee's intended uses and purposes.

  • FAILURE TO COMPLY WITH THIS OBLIGATION CONSTITUTES CUSTOMER’S ACCEPTANCE OF EQUIPMENT IN FULL AND IN GOOD WORKING AND PHYSICAL CONDITION, FORFEITURE OF RIGHT TO DISPUTE PAYMENT TO A.T.E., AND FORFEITURE OF ANY CLAIMS AGAINST A.T.E.

Related to ACCEPTANCE OF EQUIPMENT

  • Additional Equipment means equipment that is not factory fitted in the Vehicle, including but not limited to navigation equipment (GPS), baby seat, bicycle rack etcetera;

  • Rental Equipment means the equipment identified on the Service Agreement and Order Schedule or otherwise notified to you in writing that we will rent to you as part of our provision of the Services and which you will return to us after expiry or termination of the Agreement, subject to the provisions of this Agreement.

  • Service Equipment means any equipment, Software, systems, cabling and facilities provided by or on behalf of Verizon and used to facilitate provision of the Services at a Customer Site. Ownership of the Service Equipment does not pass to Customer. Service Equipment does not include Verizon Facilities.

  • Installation means that the System or a Subsystem as specified in the Contract is ready for Commissioning as provided in GCC Clause 26 (Installation).

  • CONSTRUCTION EQUIPMENT means all appliances and equipment of whatsoever nature for the use in or for the execution, completion operation or maintenance of the work unless intended to form part of permanent work.

  • Farm equipment means equipment used directly for farming

  • Installation Work means the construction and installation of the System and the Start-up, testing and acceptance (but not the operation and maintenance) thereof; all performed by or for the Power Producer at the Premises.

  • The Equipment means any equipment, computer hardware or software, materials, goods and vehicles and associated services necessarily required for the implementation of the Services, which the Supplier cannot reasonably be expected to provide, which are financed or provided by DFID for use by the Supplier.

  • Aircraft means any machine that can derive support in the atmosphere from the reactions of the air other than the reactions of the air against the earth’s surface;

  • Designated Equipment means any equipment designated in the SLA, upon which the Licensed System may be used; Documentation means operating manuals and other printed materials which assist the Customer to use the Licensed System including any technical and user software material as published by Pentana Solutions; Escalation Request is as set out in the SLA;

  • Construction Works means all works and things necessary to complete the Project in accordance with this Agreement;

  • The Equipment/Product means all the Air conditioners along with the accessories which the Vendor is required to supply to the Bank under the Contract.

  • Associated equipment means equipment that is used in conjunction with a radiographic exposure device to make radiographic exposures that drives, guides, or comes in contact with the source, e.g., guide tube, control tube, control (drive) cable, removable source stop, “J” tube and collimator when it is used as an exposure head.

  • Terminal Equipment means all telephone instruments, including pay telephone equipment, the common equipment of large and small key and PBX systems and other devices and apparatus, and associated wirings, which are intended to be connected electrically, acoustically or inductively to the telecommunication system of the telephone utility.

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • New equipment means equipment for which, by the cut-off date, neither of the following events has occurred:

  • Replacement Equipment means operational equipment or other parts used by Tenant to replace any of the Equipment.