Lessee Equipment definition

Lessee Equipment means equipment and other personalty not financed or purchased with the proceeds of Fundings.
Lessee Equipment means trade fixtures, machinery, equipment or other property belonging to Lessee or third parties that are not financed with Advances or that are not replacements of a component of the Leased Property pursuant to Section 9.1 of the Lease or Required Modifications pursuant to Section 10.1(a) of the Lease that, in each case, are required to be part of the Leased Property pursuant to such sections of the Lease.
Lessee Equipment means all signs, exterior lighting standards, ---------------- machinery, apparatus, furniture, furnishings, telephone systems, telecommunication systems, computers, computer terminals, all items relating to data transmission, trash compactors, shelving, snow removal and lawn maintenance equipment and other equipment, movable or demountable partitions, motorized vehicles, trade fixtures and temporary auxiliary structures, tools, supplies, materials, security systems, wiring, fibers, PBX, data connections, video equipment, cafeteria furnishings and equipment, public address system, inventory and other personal property and all renewals and replacements thereof, in each case, now owned or hereafter acquired by the Lessee (without the proceeds of any Advance and which is not attached to the Improvements in such a manner as to become a fixture under applicable law) or any subtenant or permitted assignee of the Lessee (without the proceeds of any Advances and which is not attached to the Improvements in such a manner as to become a fixture under applicable law) and installed or located at or on the Property or necessary for the operations of the Lessee's business.

Examples of Lessee Equipment in a sentence

  • If the Equipment goes down for maintenance or repairs while in Lessee's service, Lessee may notify Lessor and if Lessee elects to return the down Equipment, Lessor will make arrangements to send Lessee Equipment to replace it.

  • Authority will interconnect the Leased Fiber to Lessee Equipment that is constructed to the Demarcation Points.

  • In the event of termination of this Lease by the Government, the Lessee shall have a reasonable period of time following the effective termination date to remove such property, including the Lessee Equipment.

  • FirstNet will also not seek to relocate Lessee Equipment that was acquired in part, with ▇▇▇▇▇▇'s funds, unless the Parties enter into a subsequent agreement.

  • The installation of Lessee Equipment shall be done in accordance with Applicable Laws, including the National Electrical Code and other codes that directly relate to the construction, installation, operation and maintenance of communication equipment.

  • Lessor and Lessee agree that Lessee shall have the right at its sole cost and expense, to install, renovate, alter, modify, repair and remove (“Construction”) Lessee Equipment, detailed in Exhibit B, located in or on the Premises as its operation may require.

  • Lessee may pledge the Lessee Equipment as security or otherwise create encumbrances on the Lessee Equipment as Lessee deems appropriate.

  • Lessee may place on or in the Leased Property any Lessee Equipment and may remove the same at any time during the Term, subject to the obligation of Lessee to repair promptly any damage to the Leased Property caused by such removal.

  • Title to all non-severable Alterations shall without further act vest in Lessor (subject to each Lessee’s right to remove severable trade fixtures and Lessee Equipment) and shall be deemed to constitute a part of the Leased Properties and be subject to this Lease.

  • The Lessee will be responsible for and obtain, at its sole expense, prior to the commencement of construction and demolition, and upon completion of the building of Leased Premises Improvements, any approvals, permits, or licenses that may be necessary to construct, occupy, and operate the Lessee Improvements and Lessee Equipment in compliance with all Applicable Laws.


More Definitions of Lessee Equipment

Lessee Equipment has the meaning given to it in Section 6.10.
Lessee Equipment means equipment which (a) is personal property or a fixture (but does not otherwise constitute an interest in real property), (b) to the extent such constitutes an interest in real property (other than as a fixture), it shall not be subject to any Lien, (c) is not financed with any Advance, (d) is not a replacement for any Equipment, (e) is not a Modification required by any Legal Requirement or any Insurance Requirement, (f) is not integral to the operation of any Improvements with respect to any Property and (g) may be removed from any Property without causing material damage to such Property which cannot be expeditiously repaired.