Equipment Cost definition

Equipment Cost means, for any Item of Equipment, the gross amount paid by the Company to the manufacturer thereof, including all applicable sales taxes, and delivery charges as invoiced by such manufacturer to the Company.

Equipment Cost means the equipment cost as described on the Site.

Equipment Cost means, for each Unit, the purchase price therefor paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

Examples of Equipment Cost in a sentence

• Upon request, Master Lessor shall certify to Master Lessee that the Equipment Cost of any designated item of Equipment has been paid in full.

• On or within five business days (a day on which banks in the State are required to be open) after its receipt of an Acceptance Certificate, and subject to Section 1.10, Lessor shall pay the Equipment Cost directly to the applicable Vendor or other party to whom payment is due.

• After exercise of the Early Termination Option, (i) if any Equipment remains under the Lease, Rental Payments and Termination Values shall be prorated by Equipment Cost, or (ii) if no Equipment remains under the Lease, the Lease shall be terminated and the parties shall have no further liability thereunder.

• In the event of total destruction of or damage to all or any item of the Equipment, Lessee shall provide Lessor prompt written notice thereof, and Lessee shall pay to Lessor, by delivery of the Net Proceeds or otherwise, the lesser of the replacement cost of such item(s) or the pro-rata share of the Termination Value for such Equipment as of the date of payment calculated by comparing the initial Equipment Cost of such Equipment and the total Equipment Cost for all Equipment leased under such Lease.

• In the event of total destruction of or damage to all or any item of the Equipment, Lessee shall provide Lessor prompt written notice thereof, and Lessee shall pay to Lessor, by delivery of the Net Proceeds or otherwise, the pro-rata share of the Termination Value for such Equipment calculated by comparing the initial Equipment Cost of such Equipment and the total Equipment Cost for all Equipment leased under such Lease.

More Definitions of Equipment Cost

Equipment Cost means the total amount paid by the Second Trustee from the Acquisition Fund on behalf of a Participating District to the Vendors for a particular piece of Equipment.

Equipment Cost means the amount Lessor pays for the Equipment and any similar costs with respect to the Equipment.

Equipment Cost means the reason- able cost of fire safety equipment fully installed as estimated by the Secretary of Health and Human Services and as determined by the Commissioner.

Equipment Cost means, for each Unit, the cost thereof as set forth in Schedule 1 to the Loan Agreement Supplement for such Unit.

Equipment Cost means, with respect to any item of Equipment acquired by a Borrower with the proceeds of a Loan, the Invoice Price therefor, and with respect to any item of Equipment not acquired by a Borrower with the proceeds of a Loan, the net book value therefor determined in accordance with GAAP.

Equipment Cost means cost towards procurement, installation and commissioning of testing equipment only that are required for the providing the Services under the Project;

Equipment Cost means the cost of movable equipment, including movable medical equipment, and the cost of making this equipment operational (e.g., installation costs).