Equipment Purchase definition

Equipment Purchase is defined in Paragraph 9.
Equipment Purchase means the purchase of the Equipment by the Standby Purchaser in accordance with the Standby Put Option Deed; "Head Lease" means the lease agreement entered or to be entered into on or about the date of this Agreement between the Lessor, PPC and Bluewater Energy pursuant to which the Lessor has agreed to lease the Equipment to PPC and PPC has agreed to take the Equipment on lease from the Lessor, subject to the terms and conditions therein contained; "Initial Rent" means an amount in Sterling exactly equal to the Required Purchase Price (as such term is defined in the Standby Put Option Deed) as such amount shall be notified to the Lessee by the Standby Purchaser or the Standby Lender, as the case may be, immediately upon the Standby Purchaser receiving a Standby Put Option Notice (as defined in the Standby Put Option Deed) from the Lessor, in accordance with the terms of the Standby Put Option Deed; "Losses" shall have the meaning attributed to that term in clause 16; "Notice" shall have the meaning attributed thereto in clause 19.5.1; "Standby Lease Period" means the period during which the Lessee shall be entitled to possession and use of the Equipment in accordance with this Agreement being the period, if any, commencing on (and including) the Delivery Date and ending on the End Date; "Standby Lender" means the bank or financial institution which funds the purchase of the Equipment by the Standby Purchaser pursuant to the terms of the Standby Put Option Deed; "Standby Purchaser Assigned Account" means the interest bearing Dollar account of the Standby Purchaser with ING Bank N.V. acting through its Amsterdam head office]designated "Haewene Brim Standby Purchaser Assigned Account" and includes any redesignation or sub-accounts thereof; "Sterling" and "£" and "pounds" means the lawful currency for the time being of the United Kingdom; "Total Loss" has the same meaning as in the Standby Sub-Lease but includes Compulsory Acquisition (as defined in the Standby Sub-Lease).
Equipment Purchase. Requires approval if not in the approved budget. TRAVEL EXPENSES: Requires approval if not in the approved budget. BUDGET REALLOCATION: 10% reallocation between categories is allowed.

Examples of Equipment Purchase in a sentence

  • Final invoice must contain the final cost and all credits due COUNTY including any equipment purchased under the provisions of Article IX - Equipment Purchase of this AGREEMENT.

  • The Board shall provide an opportunity for continuing members of the Association to participate in the "Computer Equipment Purchase Plan" on an annual basis.

  • Purchase of Leased Equipment Purchase of leased equipment by Customers is permitted under this Contract.

  • School District 62 (Sooke) agrees to pilot this program for the school year 2012-2013, at the end of which time the two parties to this agreement will meet to agree upon the continuation of the Computer Equipment Purchase Plan under the exiting terms.

  • The Computer Equipment Purchase Plan shall include computer and peripherals, including monitors, printers, modems, and education-related software.

  • Equipment is provided to Subscribers in two possible methods: Equipment Purchase and Equipment Rental.

  • Credits due LOCAL AGENCY that include any equipment purchased under the provisions of Article XI Equipment Purchase, must be reimbursed by CONSULTANT prior to the expiration or termination of this AGREEMENT.

  • Credits due LOCAL AGENCY that include any equipment purchased under the provisions of Article XI Equipment Purchase of this contract, must be reimbursed by CONSULTANT prior to the expiration or termination of this contract.

  • Credits due ALAMEDA CTC that include any equipment purchased under the provisions of Article III, Section A, Paragraph 19 (Equipment Purchase) of this AGREEMENT, must be reimbursed by CONSULTANT prior to the expiration or termination of this AGREEMENT.

  • The Borrower shall deliver or cause to be delivered to the Administrative Agent, promptly upon receipt, but in any event not later than five Business Days after receipt thereof, each IE Construction Report, Monthly Progress Report (as defined in the BOP Contract), each Monthly Report (as defined in the Construction Management Agreement), each Monthly Progress Report (as defined in the Equipment Services Agreement) and each Monthly Progress Report (as defined in the Equipment Purchase Agreement).


More Definitions of Equipment Purchase

Equipment Purchase means that certain purchase by Trans-Lux of certain equipment and services more particularly described on Exhibit A to the Purchase Agreement, pursuant to the terms and provisions of the Purchase Agreement.
Equipment Purchase and “Equipment Purchases” shall have the meanings set forth in the recitals.
Equipment Purchase means the purchase by Flowers Industries and/or its Subsidiaries or the Borrower and/or its Subsidiaries, as applicable, of the equipment previously subject to (i) the Master Lease Agreement, dated as of October 20, 1995, between Wachovia Leasing Corporation and Flowers Industries, as amended, modified and/or supplemented prior to the Effective Date and (ii) the Master Equipment Lease between SunTrust Leasing Corporation (formerly SunTrust Bank, Atlanta) and Flowers Industries, as amended prior to the Effective Date.

Related to Equipment Purchase

  • Subsequent Purchaser means the purchaser or transferee of a resale time-share.

  • Component purchases means purchases of the component parts of an item that in normal purchasing practices would be made in one purchase. “Separate purchases” means purchases, made sep- arately, of items that in normal purchasing practices would be made in one purchase. “Sequential purchases” means purchases, made over a period, of items that in normal purchasing practices would be made in one purchase.

  • Subsequent Purchase Agreement means an agreement by and between the Seller and the Purchaser pursuant to which the Purchaser will acquire Subsequent Receivables, substantially in the form of Exhibit A hereunder.]

  • Warrant Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Over-allotment Purchase Price The Purchaser shall pay the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company at least one business day prior to the Over-Allotment Closing Date in accordance with the Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price, the Company shall, at its option, deliver a certificate evidencing the Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.