Capital Equipment definition

Capital Equipment means machinery and equipment purchased or leased, and used in this state by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately at retail if the machinery and equipment are essential to the integrated production process of manufacturing, fabricating, mining, or refining. Capital equipment also includes machinery and equipment used primarily to electronically transmit results retrieved by a customer of an online computerized data retrieval system.
Capital Equipment means those certain pieces of equipment described in the Project Plan: (i) that are specific to the production of the Product and (ii) that are purchased by Customer or for which Customer reimburses Lonza, including, without limitation, the related documentation regarding the design, validation, operation, calibration and maintenance of such equipment.
Capital Equipment means machinery and equipment purchased or leased, and used

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.


More Definitions of Capital Equipment

Capital Equipment means those items that are non-recurring purchases costing more than
Capital Equipment means built-in and movable equipment used to furnish a newly constructed or rehabilitated space; it includes the first-time purchase of library books, reference material, and media to furnish a new or renovated library; it does not include supply items such as textbooks and expendable commodities; the term is further defined in the Department of Education & Early Development’s Guidelines for School Equipment Purchases, 1997 edition; . . . .
Capital Equipment means any item of tangible property, purchased, leased, created or otherwise brought into existence wholly, or in part, with the use of the Grant, which has at that time a value of at least $100,000 inclusive of GST, but does not include Project Material. Certificate of Practical Completion means a certificate of practical completion for the Project issued in form and substance acceptable to the Department. Claim means any cost, expense, loss, damage, claim, action, proceeding or other liability (whether in contract, tort or otherwise), however arising and includes legal costs on a full indemnity basis. Confidential Information of a party means any information (including, but not limited to, all trade secrets, financial information and other commercially or scientifically valuable information) of whatever description and in whatever form (whether written or oral, visible or invisible) which:
Capital Equipment means equipment having a value greater than $5000 and a useful life of more than one year.
Capital Equipment means Equipment excluding Consumables and Information Technology Equipment, the cost of which for a single unit equals or exceeds $1,000.00 before taxes, if applicable.
Capital Equipment means plant, machinery or equipment, accessories, and component part of machinery and equipment identifiable for use in or with machinery required for economic activities and machinery includes machinery and equipment of any descriptions such as is used in industrial process, manufacture, production or processing of other goods and rendering services, except the goods that are consumed in the manufacturing, production, processing of goods or provision of services;
Capital Equipment means an article of nonexpendable, tangible property with a useful life of more than one year, and an acquisition cost of $5,000 or more per unit, needed by the Parties for Consortium Services.