Equipment and fixtures definition

Equipment and fixtures means property fixed or movable
Equipment and fixtures. All equipment, as such term is defined in the UCC, now owned or hereafter acquired by Debtor and all fixtures of every type and description now owned or hereafter acquired by Debtor, including (without limitation) all present and future machinery, vehicles, furniture, fixtures, manufacturing equipment, shop equipment, office and recordkeeping equipment, parts, tools, supplies and all other goods (except inventory) used or bought for use by Debtor for any business or enterprise; including (without limitation) all goods that are or may be attached or affixed or otherwise become fixtures upon any real property; and including specifically (without limitation) the goods described in any equipment schedule or list herewith or hereafter furnished to Lender by Debtor, all accessions attachments, parts and repairs now or hereafter attached or affixed or used in connection with equipment, all substitutions and replacements thereof, and all like or similar property now owned or hereafter acquired by Debtor. (No such schedule or list need be furnished in order for the security interest granted herein to be valid as to all of Debtor's equipment.)
Equipment and fixtures. All equipment and fixtures of every type and description now owned or hereafter acquired by Borrower, including (without limitation) all present and future machinery, vehicles, furniture, fixtures, manufacturing equipment, shop equipment, office and recordkeeping equipment, parts, tools, supplies and all other goods (except inventory) used or bought for use by Borrower for any business or enterprise; including (without limitation) all goods that are or may be attached or affixed or otherwise become fixtures upon any real property; and including specifically (without limitation) the goods described in any equipment schedule or list herewith or hereafter furnished to Lender by Borrower, all accessions thereto, all substitutions and replacements thereof, and all like or similar property now owned or hereafter acquired by Borrower. (No such schedule or list need be furnished in order for the security interest granted herein to be valid as to all of Borrower's equipment.)

Examples of Equipment and fixtures in a sentence

  • As between the Licensee and the Licensor, the Licensor retains title to the Facility and all listed Facility Equipment and fixtures contained therein, except that Licensee may own and operate such additional equipment as may be allowed under the terms and conditions governing the operation of the Facility.

  • The estimated useful lives of major property and equipment are as follows: — Leasehold improvements: 1 year to 5 years — Equipment and fixtures: 2 years to 14 years Leasehold improvements are depreciated by the straight-line method over the term of the lease (including reasonably certain options periods) or the estimated useful life of the improvements, whichever is shorter.

  • Notwithstanding the foregoing, the Collateral shall not include (i) the Kimco Collateral or (ii) the Equipment and fixtures located on the real property described on Schedule 5.1.

  • Equipment and fixtures shall be connected to provide circuit continuity in accordance with applicable Codes whether or not each piece of conductor, conduit, or protective device is shown between such items of equipment or fixtures and the point of circuit origin.

  • Equipment and fixtures are located at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, Coraopolis, PA.


More Definitions of Equipment and fixtures

Equipment and fixtures means, to the extent used in the Business, (i) building operating systems and equipment, other systems and equipment (including, all point of sale, ticketing, sensormatic, phone and security systems and equipment), furniture, furnishings, fixtures, trade fixtures and improvements and selling and other supplies, including items leased by the Sellers (but only to the extent assignable), and (ii) to the extent assignable, any rights of the Sellers to the warranties, licenses and other similar rights with respect thereto.
Equipment and fixtures. All equipment of every type and description now owned or hereafter acquired by Debtor including (without limitation) all present and future machinery, vehicles, furniture, fixtures, manufacturing equipment, shop equipment, office and record keeping equipment, parts, tools, supplies and all other goods (except inventory) used or bought for use by Debtor for any business or enterprise and including all goods that are or may be attached or affixed to or otherwise become fixtures upon any real property.
Equipment and fixtures means those certain items of equipment and fixtures (whether owned or leased) which are described in Part 2 of Exhibit "A."
Equipment and fixtures means, to the extent used or usable in the Business, (i) cash registers and related equipment and software and licenses pertaining thereto, credit card processing equipment, all point of sale, ticketing, telephone and security systems and equipment, furniture, furnishings, fixtures, trade fixtures and improvements and all signage located at or affixed to, the Stores or Distribution Center,
Equipment and fixtures. Type: All risks, including fire, theft and liability. Amount: Full insurable value. Basis: Replacement value. Endorsements: Loss payable clause to Bank with stipulation that coverage will not be canceled or diminished without a minimum of twenty (20) days' prior written notice to Bank.
Equipment and fixtures means the restaurant fixtures and equipment, and office equipment, including computer, desks, copier and fixtures and equipment.
Equipment and fixtures mean fixed assets of Borrower, including but not limited to the equipment and Software described on Exhibit A hereto, and all equipment, machinery, improvements, office furniture, office equipment, and fixtures and any products thereof, improvements, additions or accessories thereto, or replacements therefor.