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.

  • 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.

  • Maintain an inventory of equipment, supplies defined as Controlled Assets, and real property.

  • Grantee shall maintain an inventory of Equipment, supplies defined as Controlled Assets, and real property and submit an annual cumulative report of the equipment and other property on HHS System Agency Grantee’s Property Inventory Report to the assigned System Agency contract manager by e-mail not later than October 15 of each year.

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


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 assets, the value of which could reasonably be expected to be affected by Board decisions;
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 has the meaning given in Section 2.2.2(a).
Controlled Assets means those University owned items with a historical cost of less than $5,000, but which are particularly at risk or vulnerable to loss or theft (see Section 21 below.)
Controlled Assets means the assets in use by PD in the process of developing and executing on the business objectives as defined in section 2.03.