Equipment and Fixed Assets definition

Equipment and Fixed Assets has the meaning set forth in Section 2.1(a).
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Equipment and Fixed Assets means, with respect to each Trustor, all the equipment, fixed assets, and improvements of said Trustor, whether currently owned by it to or which should be acquired by it in the future, regardless of their location including, without any limitation or restriction whatsoever, all the machinery, furniture, furnishings, rental improvements, computer equipment, books, records, motor vehicles, trucks, working inventory, molds, and tools utilized or useful in operating the businesses of said Trustor.
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Equipment and Fixed Assets means all equipment and other tangible assets owned by any Seller, other than Real Property.
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Examples of Equipment and Fixed Assets in a sentence

  • At the termination of this Contract, unless otherwise provided for, the Contractor agrees to return all Capital Equipment and Fixed Assets purchased with Voluntary Pre-K Program funds to SCS in the same condition it was received during the Contract Term, ordinary wear and tear accepted.

  • SCS shall establish and maintain a property control system, and shall request the Contractor’s assistance in maintaining a current inventory on all Capital Equipment and Fixed Assets purchased with Voluntary Pre-K Program funds on forms provided by SCS or on forms mutually agreed upon by SCS and the Contractor.

  • The Seller has sole and exclusive, good and marketable title to all of the Assets free and clear of any and all pledges, claims, threats, liens, restrictions, agreements, leases, security interests, charges and encumbrances, All of the Equipment and Fixed Assets are in good, working and operating condition and repair, reasonable wear and tear excepted, fit for its intended purposes, and free from any defects known to the Seller.

  • Equipment and Fixed Assets: Include grant funds or in-kind match associated with equipment and fixed assets purchased or donated by the Applicant.

  • Licensee agrees to remove the Trademarks from all Equipment and Fixed Assets and to utilize or replace other consumable items which bear the Trademarks with items which do not bear the Trademarks as expeditiously as reasonably possible after the Closing Date.

  • For purposes of this Agreement, a loss or damage to the Equipment and Fixed Assets or the premises that are the subject of the Real Property Lease that occurs after January 3, 2003 and that individually or in the aggregate has a repair or replacement cost (whichever is less) of $50,000.00 or more shall be deemed to constitute a Material Adverse Effect.

  • The Sellers and their Subsidiaries have good and marketable title to all Equipment and Fixed Assets, free and clear of all Encumbrances other than Permitted Encumbrances, except where the failure to have such good and marketable title would not reasonably be expected to be material to the Purchased Business.

  • The Equipment and Fixed Assets are in general working order in all Material respects, reasonable wear and tear and depreciation because of age excepted.

  • All of the Equipment and Fixed Assets are in good, working and operating condition and repair, reasonable wear and tear excepted and free from any material defects.

  • Schedule 2.10 attached hereto sets -------------------------- ------------- forth a true, correct and complete list of all Equipment and Fixed Assets as of the date hereof, including a description and the book value thereof.


More Definitions of Equipment and Fixed Assets

Equipment and Fixed Assets has the meaning set forth in Section 2.1(a). -------------------------- "ERISA" shall mean the Employee Retirement Income Security Act of 1974, as ----- amended. "ERISA Affiliate" shall mean the Seller and all other trades or ---------------- businesses, whether or not incorporated, which together with the Seller would be deemed a "single employer" within the meaning of Section 414(b), (c) or (m) of the Code. "Escrow Agreement" shall mean the Escrow Agreement executed by Buyer, ----------------- Seller, and an escrow agent mutually acceptable to Buyer and Seller, substantially in the form of Exhibit C attached hereto. "Excluded Assets" has the meaning set forth in Section 2.4. --------------- "Excluded Businesses" shall mean all the businesses performed by the Seller ------------------- and its Affiliates except for the Business, including but not limited to the following: Agway's Feed and Nutrition operations located in New Holland, Pennsylvania; Sangerfield, New York; and Curryville, Pennsylvania. "Excluded Obligations" has the meaning set forth in Section 2.6. -------------------- "Executory Contracts" has the meaning set forth in Section 2.2. ------------------- "Expense Reimbursement" shall mean an amount equal to the lesser of (i) all --------------------- of the actual documented costs and expenses incurred by Buyer (or its Affiliates) in connection with that certain Letter of Intent dated as of September 8, 2003, between Cargill, Incorporated and Seller, xxx xxxxxxxxx xx xxx Purchased Assets (including financial, tax, legal, operations, accounting, employee, customer and valuation due diligence) and this Agreement and the transactions contemplated hereby, including without limitation reasonable attorneys' fees, consulting fees, and advisory fees, and (ii) $300,000 (or such other amount as may be approved by the Bankruptcy Court).
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Related to Equipment and Fixed Assets

  • Fixed Assets means Equipment and Real Estate.

  • Fixed Asset Supplies means items included within “Property and Equipment” under the Uniform System of Accounts including, but not limited to, linen, china, glassware, tableware, uniforms, and similar items, whether used in connection with public space or Guest Rooms.

  • Plant and Equipment means permanent plant, equipment, machinery, apparatus, articles and things of all kinds to be provided and incorporated in the Facilities by the Contractor under the Contract (including the spare parts to be supplied by the Contractor under GCC Sub-Clause 3.3 hereof), but does not include Contractor’s Equipment.

  • Fixtures and Equipment means, with respect to any Person, all of the furniture, fixtures, furnishings, machinery and equipment owned or leased by such Person and located in, at or upon the Assets of such Person.

  • Farm equipment means equipment used directly for farming

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

  • Service Equipment means any equipment, Software, systems, cabling and facilities provided by or on behalf of Verizon and used to facilitate provision of the Services at a Customer Site. Ownership of the Service Equipment does not pass to Customer. Service Equipment does not include Verizon Facilities.

  • Leased Equipment means the computers, servers, machinery and equipment and other tangible personal property leased by Seller for use in the operation or conduct of the Business.

  • Machinery and equipment shall have the meaning specified in Section 1.1(c).

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

  • Computer equipment means Covered Property that is electronic computer or other data processing equipment, including peripherals used in conjunction with such equipment, and electronic media and records.

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • Fixtures and Fittings means all the Landlord’s furniture, furnishings, sanitary ware, decorative features, white goods, other equipment or any floor, ceiling or wall coverings and include anything listed in any Inventory and Schedule of Condition supplied.

  • Equipment is all “equipment” as defined in the Code with such additions to such term as may hereafter be made, and includes without limitation all machinery, fixtures, goods, vehicles (including motor vehicles and trailers), and any interest in any of the foregoing.

  • Eligible Equipment means, at any time of determination, Equipment owned by Borrower which Lender, in its sole discretion, deems to be eligible for borrowing purposes.

  • Committed Equipment Line is a Credit Extension of up to Five Million Dollars ($5,000,000).

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.

  • Equipments and ‘Plants’ shall mean and include all sorts of machineries and accessories, apparatus, instruments, components manufactured articles and parts etc. to be supplied or provided by the contractor under the terms of the contract , unless otherwise specified

  • Customer Equipment means hardware, software, systems, cabling and facilities provided by you and used in conjunction with the Equipment that we supply to you in order to receive the Services;

  • 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.

  • Designated Equipment means any equipment designated in the SLA, upon which the Licensed System may be used; Documentation means operating manuals and other printed materials which assist the Customer to use the Licensed System including any technical and user software material as published by Pentana Solutions; Escalation Request is as set out in the SLA;

  • BT Equipment means any equipment, including any Software, owned by or licensed to BT Group that is located at a Site for the provision of a Service.

  • Rental Equipment means the equipment identified on the Service Agreement and Order Schedule or otherwise notified to you in writing that we will rent to you as part of our provision of the Services and which you will return to us after expiry or termination of the Agreement, subject to the provisions of this Agreement.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Equipment Line means a Credit Extension of up to Five Million Dollars ($5,000,000).

  • The Equipment means any equipment, computer hardware or software, materials, goods and vehicles and associated services necessarily required for the implementation of the Services, which the Supplier cannot reasonably be expected to provide, which are financed or provided by DFID for use by the Supplier.