Controlled Assets definition

Controlled Assets has the meaning given to it in Section 2.01 of the Security Agreement;
Controlled Assets means (without duplication):
Controlled Assets shall have the meaning set forth in Section 2.1(a).

Examples of Controlled Assets in a sentence

  • Controlled Assets include firearms, regardless of the acquisition cost, and the following assets with an acquisition cost of $500 or more, but less than $5,000: desktop and laptop computers (including notebooks, tablets and similar devices), non-portable printers and copiers, emergency management equipment, communication devices and systems, medical and laboratory equipment, and media equipment.

  • Controlled Assets include firearms, regardless of the acquisition cost, and the following assets with an acquisition cost of $500 or more, but less than $5,000: desktop and laptop computers (including notebooks, tablets, and similar devices), non-portable printers and copiers, emergency management equipment, communication devices and systems, medical and laboratory equipment, and media equipment.

  • Grantee shall maintain an inventory of equipment, supplies defined as Controlled Assets, and real property.

  • Controlled Assets are considered Supplies and do not include a capitalized asset, real property, an improvement to real property, or infrastructure.

  • Prior approval by the System Agency of the purchase of Controlled Assets is not required, but such purchases must be reported on the Grantees Property Inventory Form.


More Definitions of Controlled Assets

Controlled Assets means assets whose value could be directly or indirectly affected by government decisions or policy including, but not limited to, the following:
Controlled Assets means those University owned items with a historical cost of less than $2,500, but which are particularly at risk or vulnerable to loss or theft.
Controlled Assets in this policy, means assets that qualify as personal property but do not meet the capitalization threshold. The value of a controlled asset is between the range of
Controlled Assets means assets, the value of which could reasonably be expected to be affected by Board decisions;
Controlled Assets means the sum ofall assets in all pools controlled by the same person, exclusive of any interest that any pool controlled by such person may have in any other pool controlled by such person;
Controlled Assets has the meaning as set forth in Section 2.03.
Controlled Assets has the meaning given to it in Section 3.01 of the Security Agreement; “Controlled Securities Account” has the meaning given to it in Section 2.06 of the Security Agreement;