Assets and Equipment definition
Examples of Assets and Equipment in a sentence
Where this Agreement has expired, the Company Assets and Equipment shall be transferred at no cost to the Council.
All tangible property included within the Fixed Assets and Equipment is in all material respects in good working order and condition at the execution of this Agreement subject, however, to the effect of ordinary wear and tear and depreciation arising from lapse of time or use with appropriate maintenance, and will be maintained in such condition through Closing.
If it is determined that the inventory is project related, then the same audit procedures fort the certification of the Statement of Assets and Equipment should be applied.
Notwithstanding the above, all books and records that pertain exclusively to the Acquired Companies, Affected Employees, Business, Conveyed Assets, and Equipment shall belong to Purchaser, and Purchaser shall take possession of said books and records within 180 days of the Closing.
This Agreement shall be utilized when Capital Metro assigns the Contractor certain Capital Metro owned property, specifically IT Assets and Equipment.
Following the filing of any financing statements in the jurisdictions as the Buyers may reasonably determine are necessary or appropriate to fully preserve, maintain and protect the interest of the Buyers in the Credit Card Assets and Equipment, the Buyers shall, upon written request of Sellers, provide the Sellers with file-stamped copies of, or filing receipts for, such financing statements as soon as available following such filing.
Schedule 1.1(a)...Fixed Assets and Equipment Schedule 1.1(b)...Credits and Prepaid Expenses Schedule 1.1(c)...Acquired Intellectual Property Schedule 1.1(d)...Permits Schedule 1.1(e)...Assigned Contracts Schedule 2.2......
If, despite the intentions of the Parties, the Sellers are found to retain any right, title or interest in and to the Credit Card Assets or Equipment, the Sellers hereby grant to the Buyers a security interest (subject to the Permitted Liens) in and to all of the Sellers' right, title and interest, now existing or hereafter arising, in, to and under the Credit Card Assets and Equipment as security for all of the Sellers' duties and obligations under this Agreement, together with the proceeds thereof.
All Fixed Assets and Equipment as on 30 September 2013 is shown below (figures from valuation of assets of UNDP Microfinance Project held by PACT conducted by M-Cril in November 2013).
Each Seller is the sole record and beneficial owner of the Intangible Assets and Equipment and Machinery indicated next to his or her name on Schedule 1 and has good and marketable title to the intangible assets and machinery and equipment, free and clear of all Encumbrances.