Fixed Personal Property definition

Fixed Personal Property means personal property that has been attached to land or improvements in a manner that:• Would cause damage to the property if the fixture were to be removed; • Renders use of the fixture essential to the use of the property; or • Is attached in such a manner as to indicate that the party who installed the article intended for it to become a part of the real property.
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Fixed Personal Property means personal property that has been attached to land or improvements in a manner that:
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Examples of Fixed Personal Property in a sentence

  • Abatement may be extended to the value of buildings, structures, site improvements plus that office space, and related Fixed Personal Property improvements necessary to the operation and administration of the Facility.

  • Title to Fixed Personal Property, as defined in Article 1, on the Leased Premises will be in the name of Authority unless otherwise specified in this Agreement, and at the sole option of Authority, Authority may require Company to remove its Fixed Personal Property and restore the Leased Premises to its original condition.

  • The property owner (lessor) will not be required to execute the Agreement if the abatement relates solely to a separately taxable leasehold interest and the Fixed Personal Property of the leasee.

  • We also proposed removing the examples of antigen and allele level in the regulation as these examples may not be all- inclusive and generally are reflected in guidance rather than regulatory text.

  • Fixed Personal Property - Personal property installed or attached to Company’s Hangar No. 5 Improvements and/or Company’s Improvements.

  • Other forms are found in the Appendix.) Form 1 Tax Return – Fixed Personal Property of Public Utilities[IC 6-1.1-9-19]Utility companies must file this form with the assessor of each township in which the public utility company’s locally assessed personal property is subject to assessment.

  • The property owner (lessor) will not be required to execute the Agreement if the abatement relates solely to a separately taxable leasehold interest and the Fixed Personal Property of the lessee.

  • All Fixed Personal Property placed on Company’s Improvements by Company will, at Authority’s option, become the property of Authority at the expiration or termination of this Agreement and will be left in place.

  • Company will have 180 days to remove said Fixed Personal Property and, during such time, all other terms and conditions of the Agreement will remain intact.

Related to Fixed Personal Property

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Personal Property shall have the meaning set forth in the granting clause of the Mortgage.

  • Tangible Personal Property has the meaning set forth in Section 2.01(e).

  • Tenant’s Personal Property means all motor vehicles, Inventories, FAS and any other tangible personal property of Tenant, if any, acquired by Tenant at its election and with its own funds on and after the date hereof and located at the Leased Property or used in Tenant's business at the Leased Property and all modifications, replacements, alterations and additions to such personal property installed at the expense of Tenant, other than any items included within the definition of Proprietary Information.

  • Intangible Personal Property means incorporeal personal property including, but not limited to, deposits in banks, negotiable instruments, mortgages, debts, receivables, shares of stock, bonds, notes, credits, evidences of an interest in property, evidences of debt, and choses in action generally.

  • Eligible personal property means property that meets all of the following conditions:

  • Assisted cleaning or washing of tangible personal property means cleaning or washing of tangible personal property if the cleaning or washing labor is primarily performed by an individual:

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Residential property means improved property that:-

  • Plant and Equipment means permanent plant, equipment, machinery, apparatus, articles and things of all kinds to be provided and incorporated in the Facilities by the Contractor under the Contract (including the spare parts to be supplied by the Contractor under GCC Sub-Clause 3.3 hereof), but does not include Contractor’s Equipment.

  • Fixtures and Equipment means, with respect to any Person, all of the furniture, fixtures, furnishings, machinery and equipment owned or leased by such Person and located in, at or upon the Assets of such Person.

  • Leased Equipment means the equipment which may include but not limited to modem provided by TM on lease basis to enable usage of the Service by the Customer, as may be decided by TM from time to time at its sole discretion.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Personal Property Collateral means all Collateral other than Real Property.

  • Personal Property Taxes All personal property taxes imposed on the furniture, furnishings or other items of personal property located on, and used in connection with, the operation of the Leased Improvements as a hotel (other than Inventory and other personal property owned by Lessee), together with all replacement, modifications, alterations and additions thereto.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit K with such amendments or modifications as may be approved by the Collateral Agent.

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Fixed Equipment means any property affixed in any way to the Licensed Premises existing at the time Notice to Proceed is given, whose removal would damage the Licensed Premises.

  • Leaseholds of any Person means all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Farm equipment means equipment used directly for farming

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.