Furniture & Equipment definition

Furniture & Equipment means and includes mobile elements which meet the minimum conditions necessary to operate and manage the Project such as furniture and accessories (tables, chairs, sofas, lamps, paper boards, etc.), engineering tools (like workshop fit out, drills, ladders, hand tools, welding, electrical testers, painting equipment, etc.) kitchen cutlery & utensils, housekeeping equipment, etc.
Sample 1
Furniture & Equipment. The Sublessor shall remove all existing furniture and phone equipment. However, all existing wiring shall remain in place.
Sample 1

Examples of Furniture & Equipment in a sentence

  • These financial statements reflect the following accounting policies: CAPITAL ASSETS They are recorded at cost and depreciated as following: Computer 30% declining balance Furniture & Equipment 20% declining balance GOODWILL It is recorded at cost with no amortization.

  • Amortization begins when the asset is substantially put into service and is primarily calculated on a straight line basis over the following terms: Land N/A Water rights Unit-of-production Buildings 10 years Computer Software 3 years Computer Hardware 5 years Furniture & Equipment 5 years Water rights will be amortized on a unit-of-production basis over the estimated proven and probable ore reserves upon commencement of commercial production at Rosemont.

  • For the purpose of determining adjusted Total Equity at the Closing, adjustments to the Corporation's balance sheet shall be made consistent with Exhibit B attached hereto, subtracting from current assets excess cash as determined by Corporation and those Fixed Assets identified as Corporate Furniture & Equipment (including a corporate automobile) and also subtracting Short-Term Portion Liabilities and Long-Term Portion Liabilities.

  • Furniture & Equipment at Manalapan, NJ Office Office Furniture Telephone System Personal Computers, Printers, Etc.

  • Furniture & Equipment Depreciation expense for furniture and equipment (including PCs) for Management Company Employees.

  • New Jersey Office Furniture & Equipment 200 Xxxxxxxxxx Xxx Xxxx, Xxxxxxxx X, Xxxxx 000, Xxxxxxxxx, XX 00000 Investview, Inc.

  • Summary and Conclusion In our opinion the Hypothetical Market Value In Place of the property appraised, as of March 13, 1998 is fairly stated as being: Hypothetical Market Value In Place Classification ---------- Furniture & Equipment $ 933,079.00 Assumptions and Limiting Conditions The appraiser will not be responsible for matters of a legal nature that affect either the property appraised or the title to it.

  • Amortization begins when the asset is substantially put into service and is primarily calculated on a straight line basis over the following terms: Land N/A Water rights Unit-of-production Buildings 10 years Computer Software 3 years Computer Hardware 5 years Furniture & Equipment 5 years Water inventory will be amortized on a unit-of-production basis over the estimated proven and probable ore reserves commencing with production at Rosemont.

  • Each Seller, Xxxxxx Partnership and ---------------------- Enviro-Safe shall have received all consents and approvals required to be obtained in connection with the consummation of the transactions contemplated hereunder, including, without limitation, all consents applicable to the Leased Real Property, Authorizations, Permits, Furniture & Equipment and Contracts.

  • All items of ----------------------------------- furniture, fixtures, leasehold improvements, equipment, vehicles, computers, computer software, photocopy machines and office supplies, whether owned or leased by each such Seller and used in each such Seller's business, all of which are listed on Schedule 1.1(a)(ix) (the "Furniture & Equipment").

Related to Furniture & Equipment

  • 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.

  • Movable equipment means a hand-held or non-hand-held machine or device, powered or unpowered, that is used to do work and is moved within or between work sites.

  • Furniture means articles of which wood, reeds, rattan, cane, seagrass or metal comprise the whole or part and such as are usually made or assembled by cabinet makers, assemblers in the furnishing trades, chair and couch makers, upholsterers, wood carvers, or wood turners; and

  • Equipment is all “equipment” as defined in the Code with such additions to such term as may hereafter be made, and includes without limitation all machinery, fixtures, goods, vehicles (including motor vehicles and trailers), and any interest in any of the foregoing.

  • Farm equipment means equipment used directly for farming

  • 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.

  • Furniture and Equipment means the furniture and equipment, other than motor vehicles, leased or owned by the Failed Bank and reflected on the books of the Failed Bank as of Bank Closing and located on or at Bank Premises, including without limitation automated teller machines, carpeting, furniture, office machinery (including personal computers), shelving, office supplies, telephone, surveillance, security systems and artwork. Motor vehicles shall be considered other assets and pass at Book Value. Furniture and equipment located at a storage facility not adjacent to a Bank Premises are excluded from this definition.

  • 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.

  • Capital Equipment means machinery and equipment purchased or leased, and used in this state by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately at retail if the machinery and equipment are essential to the integrated production process of manufacturing, fabricating, mining, or refining. Capital equipment also includes machinery and equipment used primarily to electronically transmit results retrieved by a customer of an online computerized data retrieval system.

  • Rental Equipment means the equipment identified on the Service Agreement and Order Schedule or otherwise notified to you in writing that we will rent to you as part of our provision of the Services and which you will return to us after expiry or termination of the Agreement, subject to the provisions of this Agreement.

  • Associated equipment means equipment that is used in conjunction with a radiographic exposure device to make radiographic exposures that drives, guides, or comes in contact with the source, e.g., guide tube, control tube, control (drive) cable, removable source stop, “J” tube and collimator when it is used as an exposure head.

  • 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.

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.

  • Port Cargo Handling Equipment means rubber-tired gantry cranes, straddle carriers, shuttle carriers, and terminal tractors, including yard hostlers and yard tractors that operate within ports.

  • Computer Equipment means Covered Property that is electronic computer or other data processing equipment, including peripherals used in conjunction with such equipment, and electronic media and records.

  • Company Equipment means all equipment supplied by the Company to the Contractor, to use in the performance of the Work and which is specified in the Contract as “Company Equipment”.

  • Machinery and equipment shall have the meaning specified in Section 1.1(c).

  • New equipment means equipment for which, by the cut-off date, neither of the following events has occurred:

  • Furniture coating means any paint designed for application to room furnishings including, but not limited to, cabinets (kitchen, bath and vanity), tables, chairs, beds, and sofas.

  • Accessory equipment means any equipment associated with the installation of a wireless telecommunications facility, including but not limited to cabling, generators, fans, air conditioning units, electrical panels, equipment shelters, equipment cabinets, equipment buildings, pedestals, meters, vaults, splice boxes, and surface location markers.

  • Tooling means tooling inventory, including but not limited to dies, molds, tooling, casting patterns, gauges, jigs, racks and stands for engines, cowls, radome and wheels, aircraft jacks, test benches, test equipment, lathes, welders, grinders, presses, punches and hoists and other similar items (whether or not completed or fixed or handheld).

  • Electrical equipment means underground equipment that contains dielectric fluid that is necessary for the operation of equipment such as transformers and buried electrical cable.

  • Machinery means any article or combination of articles assembled, arranged or connected and which is used or intended to be used for converting any form of energy to performing work, or which is used or intended to be used, whether incidental thereto or not, for developing, receiving, storing, containing, confining, transforming, transmitting, transferring or controlling any form of energy;

  • Existing Equipment means equipment, machines, devices or installations that are in operation prior to September 23, 1970.

  • 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.

  • X-ray equipment means an x-ray system, subsystem, or component thereof. Types of x-ray equipment are as follows: