Acquired Personal Property definition

Acquired Personal Property means the Personal Property, excluding the Excluded Personal Property.
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Acquired Personal Property has the meaning set forth in Section 2.02(a).
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Acquired Personal Property means, as it relates to each Seller, the Personal Property of such Seller, excluding the Excluded Personal Property of such Seller.
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Examples of Acquired Personal Property in a sentence

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  • The parties hereto acknowledge and agree that this Agreement may be executed prior to the Disclosure Schedules being completed and attached hereto and prior to Purchaser reviewing all of the Acquired Contracts, Acquired Real Property Leases, Acquired Personal Property Leases and the Permits and/or Licenses.

  • Except for the Liens described on Schedule 4.01(o), Seller has good and valid title to, or a valid leasehold interest in, all Acquired Personal Property, free and clear of any Liens, other than Permitted Encumbrances.

  • If such consent is required and has not been obtained or if an attempted assignment or transfer is ineffective or prohibited, Seller shall use its commercially reasonable efforts to cooperate with Purchaser in any reasonable arrangement requested and approved by Purchaser, to provide for Purchaser the benefits under any such Acquired Contract, Acquired Personal Property Lease, Acquired Real Property Lease or any such Permit or License.

  • The Company and the Company Subsidiaries are in possession of all of the Acquired Personal Property Assets and, immediately after the Closing, after giving effect to the transactions and terminations contemplated by Sections 5.06, 5.07 and 5.08, such Acquired Personal Property Assets will be substantially the same as the personal property of the Company and the Company Subsidiaries that is located on the Real Property Assets and used in the conduct of their respective businesses as of the date hereof.

  • Except as set forth in Schedule 3.14, each of the Companies has (i) good (and, in the case of marketable securities, marketable) title to each of the Acquired Personal Property Assets that it purports to own, free and clear of all Liens other than Permitted Liens, and (ii) valid leasehold interests in or valid rights under contract to use each of the Acquired Personal Property Assets that it purports to lease or license.

  • All Acquired Personal Property that is material to the conduct of the Acquired Business is in good condition, reasonable wear and use excepted, and are usable in the ordinary course of business consistent with PMSI's past practices.

  • On the Closing Date, Buyer will have acquired all of Seller’s right, title and interests in, to and under all of the Acquired Personal Property, free and clear of all Liens, other than the Permitted Encumbrances.

  • The Acquired Personal Property constitutes all of the material tangible personal property used in the business of CART.

  • Each Seller shall execute and deliver to Buyer, and Buyer shall execute an acceptance of, a separate Xxxx of Sale and Assignment in the form attached as Exhibit B, which form may be modified to the extent required by local Law, conveying to Buyer all the Acquired Personal Property of such Seller.


More Definitions of Acquired Personal Property

Acquired Personal Property means the personal property described on Schedule 10.4(d) of the Participation Agreement.
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Acquired Personal Property means the machinery, equipment, tools, dies, jigs, patterns, molds, trade fixtures, furniture, furnishings, and other tangible personal property and interests listed in Schedule 1.2 and, for the avoidance of doubt, excludes the Excluded Personal Property.
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Acquired Personal Property means, as it relates to each Seller, the Personal Property of such Seller, excluding the Excluded Personal Property of
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Acquired Personal Property shall have the meaning specified in Section 4.7(a).
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Acquired Personal Property means all right, title and interest of Sellers or their Affiliates in or to tools, dyes, molds and other personal property used exclusively or primarily in the Business or listed in Section 1.10 of the Disclosure Letter.
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Acquired Personal Property means the assets described on Item 3 of Annex A.
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Related to Acquired Personal Property

  • Excluded Personal Property means the following:

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Tangible Personal Property means, in respect of any Person, all machinery, equipment, tools, furniture, office equipment, supplies, materials, vehicles and other items of tangible personal or movable property (other than Inventories and IT Assets) of every kind and wherever located that are owned or leased by the Person, together with any express or implied warranty by the manufacturers, sellers or lessors of any item or component part thereof and all maintenance Records and other documents relating thereto.

  • Intangible Personal Property means incorporeal personal property including, but not limited to, deposits in banks, negotiable instruments, mortgages, debts, receivables, shares of stock, bonds, notes, credits, evidences of an interest in property, evidences of debt, and choses in action generally.

  • Eligible personal property means property that meets all of the following conditions:

  • Assisted cleaning or washing of tangible personal property means cleaning or

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Tenant’s Personal Property means all motor vehicles, Inventories, FAS and any other tangible personal property of Tenant, if any, acquired by Tenant at its election and with its own funds on and after the date hereof and located at the Leased Property or used in Tenant's business at the Leased Property and all modifications, replacements, alterations and additions to such personal property installed at the expense of Tenant, other than any items included within the definition of Proprietary Information.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Fixtures and Equipment means, with respect to any Person, all of the furniture, fixtures, furnishings, machinery and equipment owned or leased by such Person and located in, at or upon the Assets of such Person.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Acquired Property shall have the meaning set forth in Section 5.11(c)(i)(A) hereof.

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Personal Property Collateral means all Collateral other than Real Property.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Excluded Equipment means (i) defibrillators, enhanced emergency medical kits and other medical equipment, (ii) airphones and other components or systems installed on or affixed to the Airframe that are used to provide individual telecommunications or electronic entertainment to passengers aboard the Aircraft, (iii) galley carts, beverage carts, waste containers, liquor kits, food tray carriers, ice containers, oven inserts, galley inserts, and other branded passenger convenience or service items, (iv) any items, equipment or systems leased by Company or any Permitted Lessee (other than items, equipment, or systems that are leased from Company pursuant to the applicable Lease) or owned by Company or any Permitted Lessee subject to a conditional sales agreement or a security interest (other than the security interest granted under the Indenture), and (v) cargo containers.

  • Contractor-acquired property means property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit K with such amendments or modifications as may be approved by Collateral Agent.

  • Residential property means improved property that:-

  • Leased Equipment means the computers, servers, machinery and equipment and other tangible personal property leased by Seller for use in the operation or conduct of the Business.

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).