Capital Equipment definition
Examples of Capital Equipment in a sentence
The obligation to pay for, and authority to perform, direct and supervise Capital Improvements and Capital Equipment purchases shall remain with the County and will not be considered Operating Expenses.
Expenditures of funding pertaining to Impaired Driving or Operating Enforcement or Innovative Programs including Personnel Services and ERE, Materials & Supplies, Capital Equipment and/or Travel In and Out of State shall comply with the Impaired Driving or Operating Program Goals of the DUI Abatement Council in conjunction with those provided by the Arizona Governor’s Office of Highway Safety.
Assets shall be distributed using the Capital Equipment Fund Formula calculation.
The annual plan shall include information regarding ASM Global’s anticipated operations for such Fiscal Year, including planned operating maintenance activities by ASM Global, requested Capital Improvements and Capital Equipment purchases and an anticipated budget therefor, anticipated events at the Facility, anticipated advertising and promotional activities, and planned equipment and furnishings purchases.
Title to equipment purchased with funds available under this Agreement shall vest in the CONTRACTOR; provided, however that title to equipment having an acquisition cost of $500 or more per unit and a useful life of more than two years ("Capital Equipment") shall vest in the DHS/FIA/OHEP upon acquisition.