Equipment Ownership definition

Equipment Ownership means that authority which has design authority, maintenance responsibility and replacement responsibility for any particular piece of Equipment;
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Equipment Ownership. All rental Equipment remains the sole property of USMS located at 000 Xxxxx Xxxxx, Xxxxxxx, XX 00000. Warranty: USMS cleans and calibrates all Equipment according to its internal standard operating procedures but does not make any express or implied warranty regarding the fitness, condition, suitability, capacity, or performance of the Equipment. Rental Rates: The rental will be charged pursuant to the rates set forth in the attached quote. All rates are quoted in U.S. dollars. This lease commences on the first full day after the Equipment is received by Lessee and will end on the day the Equipment is received by common carrier or drop-off at USMS premises. If the Equipment is received and returned on the same day, a full day of rent will be charged. If Xxxxxx fails to return Equipment by the expected return date, Xxxxxx agrees to pay rental charges as accrued until Equipment is received by common carrier or drop-off at USMS premises. Shipping Charges: Lessee is responsible for outbound and inbound shipping charges for the Equipment and for purchasing insurance in the amount of replacement value. Lessee will be given the option to designate the expediency of outbound shipping (e.g. FedEx Priority Overnight, Standard Overnight, or 2-Day delivery). USMS shall not be legally bound to meet delivery dates or be liable for any losses arising as a result of late delivery or the condition of the Equipment at time of delivery.
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Equipment Ownership means that authority which has design authority, maintenance responsi- bility and replacement responsibility for any particular piece of Equipment;
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Examples of Equipment Ownership in a sentence

  • When both ownership and operating costs cannot be determined for any piece of equipment or groups of similar serial or series equipment from the contractor's accounting records, costs for that equipment shall be based upon the applicable provisions of Engineer Pamphlet (EP) 1110-1-8, Construction Equipment Ownership and Operating Expense Schedule, Region [insert Roman numeral for the appropriate region of the schedule].

  • Number of proposed equipment hours multiplied by the rate as allowed by the latest revision of “Schedule of Average Equipment Ownership Expense With Operating Cost” as issued by IDOT, or in the AED Compilation of Rental Rates if equipment is to be rented, for the period that the machinery and equipment are to be used on the Work, to which no percent will be added.

  • You will be paid for all machinery and equipment (other than small tools as currently defined by the Illinois Department of Transportation) used on the Work in accordance with the latest revision of “Schedule of Average Annual Equipment Ownership Expense with Operating Cost,” as issued by the Illinois Department of Transportation, for the period that the machinery and equipment are in use on the Work, to which no percent will be added.

  • Predetermined schedules of con- struction equipment use rates (e.g., the Construction Equipment Ownership and Operating Expense Schedule pub- lished by the U.S. Army Corps of Engi- neers, industry sponsored construction equipment cost guides, or commer- cially published schedules of construc- tion equipment use cost) provide aver- age ownership and operating rates for construction equipment.

  • Unless otherwise agreed upon, the prices for the use of machinery and equipment shall be determined by using 100 percent, unless otherwise specified, of the latest schedule of Equipment Ownership Expense adopted by the Associated General Contractors of America.

  • A common method to solve the non-linear systems is to discretize the model through either the finite difference method, finite element method or finite volume method.

  • U.S. ARMY CORPS OF ENGINEERS (USACE) EP-1110-1-8 (2009) Construction Equipment Ownership and Operating Expense Schedule 1.2 SUBMITTALS Government approval is required for submittals with a "G" designation; submittals not having a "G" designation are for Contractor Quality Control approval.

  • Equipment costs will be as listed in the Schedule of Average Annual Equipment Ownership Expense.

  • Predetermined schedules of construction equipment use rates ( e.g., the Construction Equipment Ownership and Operating Expense Schedule, published by the U.S. Army Corps of Engineers, industry sponsored construction equipment cost guides, or commercially published schedules of construction equipment use cost) provide average ownership and operating rates for construction equipment.

  • When actual costs cannot be determined, use the rates shown in the U.S. Army Corps of Engineers Construction Equipment Ownership and Operating Expense Schedule (CEOOES) for the region where costs are incurred.


More Definitions of Equipment Ownership

Equipment Ownership. All installed equipment becomes the property of the Subscriber. Minimum system requirements: Subscriber is obligated to keep their personal computer current to meet WildBlue requirements. See xxxx://xxx.xxxxxxxx.xxx/aboutWildblue/qaa.jsp#1_6. The current computer requirements as of October 2005 are: PC/ Windows: 300 MHz or faster processing speed, minimum 128 MB Random Access Memory (RAM), and Windows 98SE, ME, 2000, XP Home or XP Professional operating system. 100 MB of hard drive space and an Ethernet card are required. Macintosh: 300 MHz or faster processing speed, 128MB Random Access Memory (RAM), and OS 10.2 or higher operating system. 100 MB of hard drive space and an Ethernet card are required. Anti-virus software is required and must be updated regularly. Failure to keep your anti-virus software updated could result in a violation of the WildBlue Fair Access Policy leading to severing the satellite link to your Modem.” Virtual Private Networks (VPNs) WildBlue does not support Virtual Private Networks (VPNs) and these systems will not work with WildBlue. Service Interruptions: Internet service may be interrupted from time to time for various reasons (such as weather, issues at the WildBlue central office, etc.) beyond NHEC’s control. Subscriber will not be compensated for interrupted service.
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Related to Equipment Ownership

  • Interconnection equipment means a group of components or an integrated system owned and operated by the interconnection customer that connects an electric generator with a local electric power system, as that term is defined in Section 3.1.6.2 of IEEE Standard 1547, or with the electric distribution system. Interconnection equipment is all interface equipment including switchgear, protective devices, inverters or other interface devices. Interconnection equipment may be installed as part of an integrated equipment package that includes a generator or other electric source.

  • Electrical equipment means underground equipment that contains dielectric fluid that is necessary for the operation of equipment such as transformers and buried electrical cable.

  • School equipment means a durable school-owned machine, equipment, or tool used by a student as part of an activity, course, or program in a secondary school and includes a saw or 3D printer. “School equipment” includes a saw or 3D printer.

  • Material Equipment means such equipment, which, acting in accordance with a Reasonable and Prudent Standard, the Generator could reasonably be expected to have ordered and/or concluded a supply agreement in respect of in accordance with the Target Commissioning Date, and in any event, such equipment shall include wind turbines.

  • 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.

  • Medical equipment means equipment used in a patient care environment to support patient treatment and diagnosis.

  • 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

  • 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.

  • 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.

  • Stationary x-ray equipment means x-ray equipment which is installed in a fixed location.

  • Project Equipment means the items of machinery, equipment or other personal property used in connection with the construction and development of the Project pursuant to the provisions hereof, and all replacements thereof and substitutions therefor made pursuant to this Agreement.

  • 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.

  • New equipment means equipment for which, by the cut-off date, neither of the following events has occurred:

  • Equipment Room means a space intended for the operation of pool pumps, filters, heaters and controllers.

  • Major medical equipment means medical equipment which is used for the provision of medical and other health services and which costs in excess of the capital expenditure minimum, except that such term does not include medical equipment acquired by or on behalf of a clinical laboratory to provide clinical laboratory services if the clinical laboratory is independent of a physician's office and a hospital and it has been determined under Title XVIII of the Social Security Act to meet the requirements of paragraphs (10) and (11) of Section 1861(s) of such Act. In determining whether medical equipment has a value in excess of the capital expenditure minimum, the value of studies, surveys, designs, plans, working drawings, specifications, and other activities essential to the acquisition of such equipment shall be included.

  • Terminal Equipment means all telephone instruments, including pay telephone equipment, the common equipment of large and small key and PBX systems and other devices and apparatus, and associated wirings, which are intended to be connected electrically, acoustically or inductively to the telecommunication system of the telephone utility.

  • Control equipment means equipment necessary for the setting and/or unsetting of an immobilizer.

  • Operating Equipment means furniture, furnishings, special lighting fixtures, carpeting, draperies, decorations or other special finishing work, signs, appliances and trade fixtures and equipment that is furnished, installed or used by the Contractor in its operations on the Airport. It does not include Fixed Improvements, or repair or maintenance of Operating Equipment or Fixed Improvements or displays or decorations that are of a seasonal or temporary promotional nature.

  • Stationary Play Equipment means equipment such as a climber, slide, swing, merry-go-round, or spring rocker that is meant to stay in one location when a child uses it. Stationary play equipment does not include:

  • Production equipment (1 7 9) means tooling, templates, jigs, mandrels, moulds, dies, fixtures, alignment mechanisms, test equipment, other machinery and components therefor, limited to those specially designed or modified for "development" or for one or more phases of "production".

  • 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.

  • Participating Durable Medical Equipment Provider means a Durable Medical Equipment Provider who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Non-Participating Durable Medical Equipment Provider means a Durable Medical Equipment Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Analytical x-ray equipment means equipment used for x-ray diffraction or fluorescence analysis.

  • Load Control Equipment means the equipment (which may include, but is not limited to, ripple receivers and relays) that is from time to time installed in, over or on Consumer’s Premises for the purpose of receiving signals sent by Load Signalling Equipment and switching on and off, or otherwise controlling, controllable load;

  • CONSTRUCTION EQUIPMENT means all appliances and equipment of whatsoever nature for the use in or for the execution, completion operation or maintenance of the work unless intended to form part of permanent work.