Leased Items definition

Leased Items has the meaning set forth in Section 8.1(a)(ii) of Schedule B.
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Leased Items means the property or services subject to a Lease Schedule.
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Examples of Leased Items in a sentence

  • Upon execution of the Agreement, the Lessee shall pay the Lessor a service fee in cash or any other commercial note consented by the Lessor under the service procedures as specified in the Leased Items; and the Parties agree that the Lessee may not claim a refund of such service fee for any reason.

  • The Lessor desires to lease to the Lessee, and the Lessee desires to lease from the Lessor, the Subject Matter contained in the Leased Items page in this Agreement, including all auxiliary spares, additional works, improvements, and fixtures and fittings.

  • In the event that the any of the Leased Items or their parts are stolen or destroyed, or if in the Contractor’s opinion they are rendered irreparable, unusable, or damaged, the affected Leased Items shall be considered a total loss and the Lease shall terminate as to those Leased Items, and the Purchaser 's obligation to pay rent for the affected Leased Items shall be deemed to have ceased as of the date of the loss.

  • The Contractor shall assume and bear the risk of loss or damage to, or theft of, the Leased Items and all component parts while the Leased Items or parts are in the Purchaser’s possession, unless the Purchaser could have prevented such loss, damage, or theft by exercising reasonable care or diligence in the use, protection, or care of the Leased Items or parts.

  • The Purchaser shall pay the applicable monthly or annual rent payment for the Leased Items for the full Lease term unless the Purchaser terminates the Lease, either for Contractor Default under Section V.J.2. of these Leasing Terms and Conditions or for nonappropriation of funds as specified in Subsection B.

  • The Purchaser shall keep the Leased Items within the confines of the Commonwealth of Pennsylvania and shall inform the Contractor/Initial Assignee upon request of the location of the Leased Items.

  • Title to the Leased Items shall not pass to the Purchaser but shall remain in the Contractor or Initial Assignee, whichever applies; except in the case of a Lease/Purchase, the title shall pass upon payment of the final installment or other concluding payment option, after which neither the Contractor nor any assignee shall have any further interest in the Leased Item.

  • If the Purchaser does not elect to purchase the Leased Items at the expiration of a Lease term, and the Purchaser is not in default under the Lease, the Purchaser may elect to extend the Lease by written notification to the Contractor/Initial Assignee.

  • The Initial Assignee may take title to, and assume the right to receive all rental payments for, the Leased Items.

  • If the damage could not have been prevented by the Purchaser’s exercise of reasonable care or diligence, and the Contractor determines the Leased Items or parts can be economically repaired, the Contractor shall repair or cause to be repaired all damages to the Leased Items or their parts.

Related to Leased Items

  • Purchased Items means those certain Products and Services (as defined herein) that are purchased by Customer and provided by Seller hereunder.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Excluded Items means any items which the Committee determines shall be excluded in fixing Performance Goals, including, without limitation, any gains or losses from discontinued operations, any extraordinary gains or losses and the effects of accounting changes.

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • Leased Real Estate means all leasehold or subleasehold estates and other rights to use or occupy any land, buildings, structures, improvements, fixtures, or other interest in real property held by the Company or any of its Subsidiaries.

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Punchlist Items means any items necessary at the time of the issuance of a temporary certificate of occupancy to complete fully the renovation of the Project Facilities in accordance with the Plans and Specifications for the Project Facilities, or required for the issuance of a final certificate of occupancy or its equivalent.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Leased Intangible Property means all Intangible Property (as defined in the Purchase and Sale Agreement) acquired by Landlord with respect to the Leased Property pursuant to the Purchase Agreement.

  • Pledged Items means, as of any date, any and all securities and instruments delivered by the Pledgor to be held by the Collateral Agent under this Collateral Agreement as Collateral, whether Eligible Collateral or Ineligible Collateral.

  • Leased worker means a person leased to you by a labor leasing firm under an agreement between you and the labor leasing firm, to perform duties related to the conduct of your business. "Leased worker" does not include a "temporary worker".

  • Leased Properties means all real property and interests in real property leased by the Company or one of its Subsidiaries.

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • End item means the final production product when assembled or completed and ready for delivery under a line item of this contract.

  • Leased Improvements shall have the meaning given such term in Section 2.1(b).

  • Tax-Related Items means any income tax, social insurance, payroll tax, fringe benefit tax, payment on account or other tax-related items arising out of or in relation to a Participant’s participation in the Plan, including, but not limited to, the exercise of a Purchase Right and the receipt of shares of Common Stock or the sale or other disposition of shares of Common Stock acquired under the Plan.

  • Leased Equipment means the computers, servers, machinery and equipment and other tangible personal property leased by Seller for use in the operation or conduct of the Business.

  • Action area means all areas to be affected directly or indirectly by the Federal action and not merely the immediate area involved in the action (50 CFR 402.02).

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Punch List Items means such items (i) as are reasonably necessary or appropriate to fully complete the construction, equipping and furnishing of the Hotel in accordance with this Contract and (ii) that, unless otherwise agreed by Buyer in its sole discretion, (a) individually and in the aggregate do not and will not prohibit, cause a delay in or otherwise adversely affect, under applicable Legal Requirements, the Franchise Agreement or otherwise, the opening of the Hotel for business to the public or the continued occupancy and operation of the Hotel as contemplated under the Brand and (b) may be corrected or completed, subject to delays caused by Force Majeure, within not more than sixty (60) days.

  • 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.

  • Items means the finished goods or services which are intended for export from the United States, either directly or as an Indirect Export, meet the U.S. Content requirements in accordance with Section 2.01(b)(ii) of this Agreement and are specified in Section 4.A. of the Loan Authorization Agreement.

  • Excluded Personal Property means the following:

  • Disputed Items has the meaning set forth in Section 2.3(b).

  • Escrow Items means those items that are described in Section 3.

  • Tax Items shall have the meaning set forth in Section 6.4.A.