Contractor Assets definition

Contractor Assets means property (other than real property) to which the Contractor will retain title that Seller agrees to make available for use on this contract.

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Contractor Assets means all movable plant and equipment used at the Waste Disposal Facility unless otherwise stated in this Contract and includes the baler machine used at the MRF;

Contractor Assets means all physical and other assets employed by the Contractor in the Project Area as per Clause 6.2 for distribution of water.

Examples of Contractor Assets in a sentence

• With effect from the Expiry Date or Termination Date (as the case may be), the Contractor shall assign to the Authority (or its New Contractor), free from all liens, charges, options, encumbrances and third party rights, title to and all rights and interests in those Contractor Assets identified by the Authority pursuant to paragraph 9.2 (Contractor's Equipment and Contracts).

• All outgoings and expenses (including any remuneration due) and all rents, revenues, royalties and other periodical payments receivable in respect of the Contractor's Equipment and Transferring Contracts transferred to the Authority and/or the New Contractor pursuant to paragraph 9 (Contractor Assets and Contracts), shall be apportioned between the Authority and the Contractor (or the New Contractor and the Contractor, as applicable).

• The Contractor shall indemnify the Authority (and the New Contractor) against each loss, liability and cost arising out of any claims made by a counterparty to a Transferring Contract which is assigned or novated to the Authority (or New Contractor) pursuant to paragraph 9.4 (Contractor Assets and Contracts) in relation to any matters arising prior to the date of assignment or novation of such Transferring Contract.

• Likewise on termination or expiry the Contractor shall be responsible for the removal of all relevant Contractor Assets from the Authority Premises, including the cost of packing, carriage and making good the Authority Premises following removal.

• Where requested by the Authority or its New Contractor, the Contractor shall provide all reasonable assistance to the Authority and/or its New Contractor to enable it to determine which Contractor Assets and Sub- Contracts, supply contracts or licences the Authority and/or its New Contractor requires in order to provide the Replacement Services.

• With effect from the Expiry Date or Termination Date (as the case may be), the Contractor shall assign to the Authority (or its New Contractor), free from all liens, charges, options, encumbrances and third party rights, title to and all rights and interests in those Contractor Assets identified by the Authority pursuant to paragraph 118.2 (Contractor's Equipment and Contracts).

• The Contractor shall indemnify the Authority (and the New Contractor) against each loss, liability and cost arising out of any claims made by a counterparty to a Transferring Contract which is assigned or novated to the Authority (or New Contractor) pursuant to paragraph 118.4 (Contractor Assets and Contracts) in relation to any matters arising prior to the date of assignment or novation of such Transferring Contract.

• All outgoings and expenses (including any remuneration due) and all rents, revenues, royalties and other periodical payments receivable in respect of the Contractor's Equipment and Transferring Contracts transferred to the Authority and/or the New Contractor pursuant to paragraph 118 (Contractor Assets and Contracts), shall be apportioned between the Authority and the Contractor (or the New Contractor and the Contractor, as applicable).

• On termination under this clause 33.1 (Termination on Authority Default), the Authority shall have the option to require the Contractor to transfer all of its right, title and interest in and to the Contractor Assets to the Authority or as directed by the Authority.

More Definitions of Contractor Assets

Contractor Assets means any assets (including plant, vehicles, equipment, software and hardware) wholly owned by the Contractor and used by the Contractor in relation to the Project (but excluding, for the avoidance of doubt, any interests in land);

Contractor Assets means all physical assets owned by the Contractor or any Sub- Contractor and used in connection with the Contract (including with respect to the Prison Industries), including: