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 installed equipment becomes the property of the Subscriber. Virtual Private Networks (VPNs)
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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

  • Means cost data, national material supplier catalogues, U.S. Army Corps of Engineers Construction Equipment Ownership and Operating Expense Schedule (EP 1110-1-8), equipment rental catalogues, and similar estimating sources shall be used for determining customary and reasonable costs for the material and equipment estimate.

  • The rates payable for equipment will not exceed the rates established in the Corps of Engineer's manual titled: "Construction Equipment Ownership and Operating Expenses Schedule" current edition for the region in which the work occurs.

  • 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 USACE Engineer Pamphlet (EP) 1110-1-8, Construction Equipment Ownership and Operating Expense Schedule, Region III.

  • 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 the IDOT or in the AED Compilation of Rental Rates if equipment is to be rented, for the period that said machinery and equipment are to be used on such Work, to which no percent will be added.

  • 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 EP 1110-1-8, Construction Equipment Ownership and Operating Expense Schedule, Region I Working conditions shall be considered to be average for determining equipment rates using the schedule unless specified otherwise by the contracting officer.

  • Additional Provisions, such as Prevailing Wages, Equipment Ownership, and Audits.

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

  • Means cost data, national material supplier catalogues, U.S. Army Corps of Engineers Construction Equipment Ownership and Operating Expense Schedule (EP 1110-1-8), construction equipment rental catalogues, and similar estimating sources shall be used for determining customary and reasonable costs for the material and construction equipment estimate.

  • The information required by this Section shall be provided to the Fiduciary upon receipt of the equipment by the Political Subdivision through the completion of Exhibit D, Equipment Ownership Agreement.

  • 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.


More Definitions of Equipment Ownership

Equipment Ownership. All rental Equipment remains the sole property of USMS located at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇. 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 Lessee fails to return Equipment by the expected return date, Lessee 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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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 the electricity generating engines.

  • 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.