Furniture and Fixtures definition

Furniture and Fixtures means personal property subject to the assessment rate specified in division (G) of section 5711.22 of the Revised Code.
Furniture and Fixtures means all furniture, carpets, fixtures and fittings, appliances and possessions used in common, contributed or ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
Furniture and Fixtures means all furniture and fixtures, including ATMs, trade fixtures, safe deposit boxes, vaults and supplies (excluding any items consumed or disposed of, but including new items acquired or obtained, in the ordinary course of business of the Owned Branches through the Closing Date) that are located at the Owned Branches, but excluding telephone systems, security equipment, signage or other advertising or paper stock, forms, or supplies bearing Seller’s corporate logos, trade names, or trademarks and computers and computer software.

Examples of Furniture and Fixtures in a sentence

  • In the event any of the Furniture and Fixtures are recalled, the Contractor/Supplier shall notify the Employer/Purchaser within fourteen (14) days, providing full details of there as on for there call and promptly replace, at its own cost, the items covered by there call with Furniture and Fixtures that fully meet the requirements of the Technical Specification and arrange for collection or destruction of any defective Furniture and Fixtures.

  • Further all necessary licenses and permission for use of the Furniture and Fixtures in the purchaser’s country that may be required for the Furniture and Fixtures shall also be provided by the Contractor/supplier.

  • No changes made in the current period regarding depreciation method.Estimated depreciation rates of tangible fixed assets are as follows: Buildings : 2%Vehicles, Furniture and Fixtures : 2 – 20% Gain or loss arising from the disposal or retirement of an item of tangible fixed assets is determined as the difference between the sales proceeds and the carrying amount of that asset and is recognized in profit or loss.

  • Depreciation on other assets is calculated using the straight- line method to allocate their cost to their residual values over their estimated useful lives, as follows: Computer and Accessories 3 Years Furniture and Fixtures 7 Years Machinery and Equipment 9 Years Office Equipment 5 Years Vehicles 6 Years Leasehold 10 Years Other Assets 4 Years The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each statement of financial position date.

  • The descriptions of Furniture and Fixtures are in summarized form and are abbreviations in the Bill of Quantities and references to the relevant sections of the Specification are made for clarification of each item.


More Definitions of Furniture and Fixtures

Furniture and Fixtures means all furniture, fixtures, and leasehold improvements wherever located, and any and all assignable warranties covering such furniture, fixtures, and leasehold improvements owned by the Company or in which the Company has an interest.
Furniture and Fixtures means all furniture, fixtures and equipment, including ATMs, trade fixtures, security equipment, safe deposit boxes, currency counters, vaults and supplies (excluding any items consumed or disposed of, but including new items acquired or obtained, in the ordinary course of business of the Branches through the Closing Date) that are located at the Branches, but excluding faceplates of signage or other advertising or paper stock, forms, or supplies bearing Seller’s corporate logos, trade names, or trademarks, telephone systems, and computers, computer peripherals and computer software.
Furniture and Fixtures inside the “premises” and the wallet, bag, satchel, safe or chest in which the insured “property” is contained while being used by the “custodian” away from the “premises”.
Furniture and Fixtures means all of the Debtor's right, title and interest in and to all furniture and fixtures in which the Debtor has an ownership, leasehold or similar legal interest.
Furniture and Fixtures means all furnishings, office furniture, office equipment, fixtures, software, supplies and other tangible personal property or fixed assets of a similar nature which are owned by the Seller and used exclusively in connection with the Acquired Business (but excluding any such items used in connection with any Excluded Assets), as set forth on Schedule 1.1(A).
Furniture and Fixtures means all of a Grantor's right, title and interest in and to all furniture and fixtures in which such Grantor has an ownership, leasehold or similar legal interest, whether now owned or hereafter acquired by such Grantor.
Furniture and Fixtures. Other Assets", and "Assumed Liabilities" is referred to herein as a "Balance Sheet Item" and taken together, all of such items are referred to herein as the "Balance Sheet Items"). "Other Assets" shall mean those Assets listed and valued (in accordance with Section 1.05(b) hereof) on Section 1.05(b) of the Disclosure Schedule.