Excluded Personalty definition

Excluded Personalty means (a) artwork, supplies, signs, trade fixtures or equipment specifically identifying or relating to Seller or any of its Affiliates, and teller station computer hardware located at the Branches, (b) software, source and object code, user manuals and related documents and all updates, upgrades or other revisions thereto and all copies or duplicates thereof and (c) computers, printers, modems, peripheral equipment and other computer hardware, and (d) any other personal property of Seller located at the Branches identified on Schedule 1.1(g), less any such items consumed or disposed of, plus new similar items acquired or obtained, in the ordinary course of the operation of the Branches through the close of business on the Closing Date.

Excluded Personalty means any, furniture, furnishings, equipment or other personal property (including, without limitation, trade fixtures in, on, around or affixed to the Real Property) owned or leased by any Tenant, non Affiliate managing agent or leasing agent, or contractor at the Real Property (or any employee of the foregoing), and, including, without limitation, those items of personal property reflected on Schedule H attached hereto."

Excluded Personalty shall have the meaning given to such term in Section 2(a) hereof.

Examples of Excluded Personalty in a sentence

• Seller desires to assign, transfer and convey to Purchaser and Purchaser desires to assume all of Seller’s right, title and interest in, to and under the Personalty (other than Excluded Personalty), the Permits and Licenses, the Intangible Property, the Plans and the Books and Records.

• If Seller fails to remove such Excluded Personalty prior to Closing, Purchaser may remove and dispose of such 11 Excluded Property as it sees fit, and it may recover its costs of doing so from the Seller.

• With respect to a Material Casualty, Lessee shall be entitled to claim and receive any insurance proceeds with respect to the Excluded Personalty, the interruption of its business and moving expenses, but only if such claim or proceeds does not adversely affect or interfere with the prosecution of Lessor's claim for the Material Casualty or otherwise reduce the amount recoverable by Lessor for the Material Casualty.

• It is expected that certain of the figures and items set forth on such schedules will change between the time of execution hereof and the Closing and that, prior to the Closing, such schedules may not represent the complete list of Deposit Liabilities, Personalty, Excluded Personalty or Advance Accounts which the Buyer shall purchase or assume pursuant to the terms hereof.

• Prior to Closing, Seller shall have removed from the Premises all personal property stored or in use thereon which belongs to Seller or others that is not to be conveyed to Purchaser under the terms of this Agreement (the "Excluded Personalty).

More Definitions of Excluded Personalty

Excluded Personalty means items of personal property which have Lessee's trade names, trademarks and/or trade dress on them.

Excluded Personalty means (a) artwork, supplies, signs, trade fixtures or equipment specifically identifying or relating to Seller or any of its Affiliates, and teller station computer hardware located at the Branches,

Excluded Personalty means the personal items belonging to employees of Contributor, the computer equipment located at the offices of Contributor in Southfield, Michigan and the cash, cash accounts (including any cash or cash accounts constituting the Security Deposits) and, except as provided in Article V, receivables of Contributor or, following the Drop-Down, the Acquired Partnership.

Excluded Personalty means (a) artwork, signs or equipment specifically identifying or relating to Seller or any of its Affiliates located at the Branch Office, (b) software, source and object code, user manuals and related documents and all updates, upgrades or other revisions thereto and all copies or duplicates thereof, (c) any proprietary branch automation and systems, and (d) any other personal property of Seller located at the Branch Office and identified as "Excluded Branch Personalty" on Schedule 1.1(a) attached hereto.

Excluded Personalty means the personal items belonging to employees of Existing Manager and, except as otherwise provided herein (including without limitation Section 9.1(b) and Article IV), the cash, cash accounts and receivables of Contributor.

Excluded Personalty means the personal items belonging to employees of Contributor and the cash, cash accounts (including any cash or cash accounts constituting the Security Deposits) and, except as provided in Article V, receivables of Contributor or, following the Drop-Down, the Acquired Partnership.

Excluded Personalty shall have the meaning given to such term in Article 8 hereof.