Mobile property definition

Mobile property means all motor vehicles, including trailers, engaged directly in the movement of tangible personal property.
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Mobile property means any vehicles used by a commercial transportation company for transporting:
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Mobile property means all motor vehicles, including trailers, engaged directly in the movement of tangible personal property, other than support vehicles used predominantly in a local capacity. Mobile property shall include purchased transportation.
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Examples of Mobile property in a sentence

  • At December 31, 1999, the Company was in breach of several financial covenants contained in the operating lease agreement for its Mobile, Alabama headquarters (the "Mobile Property") and was not expected to remedy this noncompliance prior to the expiration of the relevant cure period on March 31, 2000.

  • On March 10, 2000, the Company received a letter of intent from the Lessor indicating its willingness to sell the Mobile Property for the greater of $14.0 million or an appraised value, based upon a mutually agreed upon process.

  • The Lease contains a right of first refusal in favor of the Company which gives the Company the right to purchase the Mobile Property if not in default under the Lease and the Lessor enters into a contract for the sale of the Mobile Property.

  • Unless otherwise provided in a Work Order, if i3 Mobile provides Abacus any samples, prototypes, displays, promotional materials or other items of personal property (collectively, "i3 Mobile Property"), Abacus will have no duty to maintain or return the i3 Mobile Property to i3 Mobile and i3 Mobile will bear all risk of loss at all times with respect to any i3 Mobile Property.

  • On June 13, 2000, Xxxxxxxxx acquired from the Landlord the property subject to the Lease (the "Mobile Property"), which is the Company's Mobile, Alabama headquarters and manufacturing facility, and succeeded to Landlord's interest in and to the Lease.

  • Immediately after Purchaser's acquisition of the Mobile Property, Purchaser and the Company amended the Lease to, among other things, reduce the rent payable thereunder and to eliminate the financial covenants originally contained in the Lease.

  • In connection with its report, KPMG reviewed the following documents provided by Parent: - The Stock Purchase Agreement; - The Company's Annual Report on Form 10-K for the fiscal year ended December 31, 1999; - The Company's Consolidated Balance Sheet; - The Company's Business Plan (FY2000-FY2003); - Outline of the Mobile Property lease transaction by Minolta Investments Company; and - Outline of the Loan Agreement from Parent to the Company.

  • The Company is required to pay all expenses associated with the Mobile Property, including taxes, insurance and maintenance expenses.

  • The Company has the right to sublease without Xxxxxx's consent up to twenty-five percent (25%) of the net leasable space in the Mobile Property.

  • Nothing herein shall restrict the display of a new banner advertisement when the consumer requests a new page or screen within the Mobile Property.


More Definitions of Mobile property

Mobile property means property that during the performance of the func• tion, or some or all of the functions, for which it was designed, is not stationary at all times with respect to its points of contact with the sur• face or structure upon which it stands or is located but does not include property that forms part of a plant installation that is permanently located in a fixed position;
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Mobile property means all motor vehicles, including trailers, engaged directly in the movement of tangible personal property, other than support vehicles used predominantly in a local capacity.
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Mobile property means the Real Property owned by Borrower that --------------- is located in Mobile, Alabama, as more particularly described in Schedule R-1. ------------
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Mobile property means all motor vehicles, including trailers, engaged directly in the movement of tangible personal property, except for support vehicles used predominantly in a local capacity.
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Related to Mobile property

  • movable property means property of every description except immovable property;

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • 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.

  • Property means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

  • Residential property means improved property that:-

  • Scheme Property means the property of the Company required under the FCA Rules to be given for safe-keeping to the Depositary.

  • Personal Property shall have the meaning set forth in the granting clause of the Mortgage.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Tangible Property means all equipment, machinery, goods, furniture, furnishings, fixtures, supplies, tools, materials, vehicles, books, records, and other tangible personal property that are part of the Collateral.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Private property means any dwelling and its curtilage which is being used by a natural person or natural persons for habitation and which is not open to the public and privately owned real property which is not open to the public. "Private property" shall not include:

  • Business Property means property on which a business is conducted, property rented in whole or in part to others, or held for rental.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);