Initial Equipment definition

Initial Equipment. The Equipment transferred to the Trust on the Closing Date.

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Initial Equipment. The Equipment pledged to the Trustee on the Closing Date pursuant to Section 1.02 hereto.

Initial Equipment means the equipment set forth on Exhibit A.

Examples of Initial Equipment in a sentence

• You acknowledge receipt of the equipment listed on the Initial Equipment Order Information and Pricing section of the Application.

• Unless purchase code “S,” “L,” or “O” appears in the Initial Equipment Order Information and Pricing section of the Application, each individual piece of equipment (“Rental Equipment”) shall have a separate rental term.

• The Initial Equipment shall be amortized on a straight line basis over a twelve (12) year period commencing on the Effective Date.

• With respect to all other pieces of Equipment purchased by IMC, pursuant to this Agreement, in excess of the Initial Equipment Purchase Batch, not including those [***] for which Section 4.2(a) is elected by IMC, the average MQER per Equipment must be no less than $500 (the “Secondary Minimum MQER”).

• In addition to this Agreement, the Initial Equipment Loans shall be evidenced by an Equipment Loan Note payable to Lender in the form of Exhibit C attached hereto (the "Equipment Loan Note").

More Definitions of Initial Equipment

Initial Equipment means the equipment described in Exhibit “A” hereto, together with any and all accessions, additions, improvements and replacements from time to time incorporated or installed in any item thereof.

Initial Equipment means Equipment for which the sum of the aggregate Purchase Price of such Equipment and the amounts advanced to the Purchaser under the Secured Promissory Notes is equal to less than three million and ▇▇/▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ dollars ($3,000,000).

Initial Equipment means the Equipment specified in SecUon II.A. 1 or this Exhibit 2.

Initial Equipment means all items of equipment other than built-in equipment,, which are necessary and ap­ propriate for the initial functioning of a particular academic facility for its spe­ cific purpose. No equipment shall be con­ sidered as initial equipment unless it has been acquired or contracted for prior to the date on which the facility is first used for education of students.

Initial Equipment means the Equipment relating to the Initial Contracts.

Initial Equipment shall have the mean set forth in Section 12.1.

Initial Equipment means any equipment to be purchased by the Receiving District through its regular purchase procedures and policies which is to be paid for by the State.