Idle Equipment definition
Idle Equipment has the meaning set forth in Section 5.13(a). "Indemnitee" has the meaning set forth in Section 12.3. "Indemnitor" has the meaning set forth in Section 12.3. "Intangible Rights" has the meaning set forth in Section 5.5. "Interim Material Event" has the meaning set forth in Section 9.2.2. "Inventory" has the meaning set forth in Section 2.1 (a). "Knowledge" or "knowledge" means, except as otherwise expressly provided herein, all information actually known after having made due inquiry. "Letter of Intent" has the meaning set forth in the Background. "Licenses" has the meaning set forth in Section 2.1. "Liens" has the meaning set forth in Section 5.3. "Losses" has the meaning set forth in Section 12.1.1. "Material Adverse Effect" has the meaning set forth in Section 5.2. "Material Contracts" means any and all Contracts, oral or written, with annual performance obligations in excess of $10,000.
Examples of Idle Equipment in a sentence
Although listed on Schedule 1.4.5, there is no guarantee by Seller that any of the "Idle Equipment" is at the Milford facility and any "Idle Equipment" which is not located at the Milford facility is not included in the Machined Fluid Valve Assets.
No Provisions shall be made for any claims on Idle Equipment SUBCLAUSE 55.2 – OMMISIONS OF QUANTITIES Items of Works described in the Bills of Quantities for which no rate or price has been entered in the Contract shall be considered as included in other rates and prices in the Contract and will not be paid for separately by the Employer.