Inventory property definition

Inventory property means property in the possession of the division that is
Inventory property means property in the possession of the division that is available for purchase by an agency or the public.
Inventory property has the meaning given it in Section 2.2.

Examples of Inventory property in a sentence

  • Custodial property may be leased pending fore- closure with the servicing official ap- proving the lease on behalf of the Agency.(2) Inventory property.

  • Inventory property located in areas identified by the Federal Insur- ance Administration as special flood or mudslide hazard areas will not be leased or operated under a manage- ment contract without prior written notice of the hazard to the prospective lessee or tenant.

  • Inventory property will be leased for an amount equal to that for which similar properties in the area are being leased or rented (market rent).

  • Federal Inventory property programs means the Use of Federal Real Property to Assist the Homeless program authorized by title V of the Act, and implemented by 24 CFR part 581, and the Single Family Property Disposition Program authorized by section 204(g) of the National Housing Act (12.

  • Inventory property is measured at the lower of cost and net realisable value.

  • Inventory property comprises land and buildings that are intended for sale in the ordinary course of business or in the process of construction or development for such a sale, primarily property acquired with a view to subsequent disposal in the near future or for development and resale.

  • Inventory property that was in storage and package it separately for transport.

  • Inventory property comprises property that is held for sale in the ordinary course of business.

  • Significant estimates and jugdements Inventory property The net realizable value is the estimated as selling price adjusted for the total cost of completion.

  • Inventory property disposal or lease without protective easements or covenants (this action has the potential to cause effects to historic properties and therefore requires analysis under section 106 of NHPA (16 U.S.C. 470f)).


More Definitions of Inventory property

Inventory property means all inventory held by Car Sales and Car Sales Florida in the ordinary course of business, all Certificates of Title with respect thereto, and all proceeds of the foregoing (other than proceeds which constitute Contracts or Contract Collateral).
Inventory property means any property determined (or, upon acquisition or other consolidation by the Issuer or any of its Subsidiaries, would be determined) as an inventory property by reference to the Consolidated Financial Statements of the Issuer (or any equivalent item, as the case may be).
Inventory property means any real property, or interest in real property, together with all improvements thereon held for sale or lease by any Credit Party in the ordinary course of its business.
Inventory property means property in the possession of the division that is 58 available for purchase by an agency or the public. 59 [(4)] (5) "Judicial district" means a geographic district established by Section 60 78A-1-102. 61 [(5)] (6) "Person with a disability" means a person with a severe, chronic disability 62 that: 63 (a) is attributable to a mental or physical impairment or a combination of mental and 64 physical impairments; and 65 (b) is likely to continue indefinitely. 66 [(6)] (7) "Personal handheld electronic device": 67 (a) means an electronic device that is designed for handheld use and permits the user to 68 store or access information, the primary value of which is specific to the user of the device; and 69 (b) includes a mobile phone, pocket personal computer, personal digital assistant, or 70 similar device. 71 [(7)] (8) "Property act" means the Federal Property and Administrative Services Act of 72 1949, 40 U.S.C. Sec. 549. 73 (9) "State surplus property" means surplus property that is not: 74 (a) a vehicle; or 75 (b) federal surplus property. 76 (10) "State surplus property contractor" means the person described in Section 77 63A-2-410 that the state contracts with to administer the state's program for the disposition of 78 state surplus property. 79 [(8)] (11) (a) "Surplus property" means property that an agency: 80 (i) intends [for disposal] to divest itself of; and 81 (ii) has acquired by purchase, seizure, or donation. 82 (b) "Surplus property" does not include: 83 (i) real property; Öº [or] 83a (ii) assets of the School and Institutional Trust Lands Administration; or 84 [(ii)] (iii) »Ö an aluminum can or an item made primarily of paper, plastic, or cardboard 84a that is: 85 (A) discarded; and 86 (B) recyclable. 87 [(9) "Transfer" means transfer of surplus property without cash consideration except

Related to Inventory property

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • 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.

  • Obsolete Inventory means items that have expired, are redundant or damaged;

  • Inventories means “Inventories” as defined in the Uniform System of Accounts, such as provisions in storerooms, refrigerators, pantries and kitchens, beverages in wine cellars and bars, other merchandise intended for sale, fuel, mechanical supplies, stationery, and other supplies and similar items.

  • 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.

  • Borrowing Base Property means Eligible Property and/or Commercial Land that the Administrative Agent has agreed to include in calculations of the Borrowing Base pursuant to Section 4.1. A Property shall be excluded from the determination of the Borrowing Base if at any time such Property shall cease to be an Eligible Property.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Borrowing Base Properties means the Oil and Gas Properties of the Credit Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 9.14.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • 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.