New Machinery and Equipment definition

New Machinery and Equipment means machinery, equipment, furniture, fixtures, and information technology equipment and other tangible personal property, and purchased after the Effective Date, installed and used at the Colorado River Project to support the operations of Company and classified by TCAD as Business Personal Property for valuation purposes after Company has rendered it to TCAD.
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New Machinery and Equipment means new machinery and equipment assessed as real estate pursuant to Section 427A.1, subsection (1), paragraph e of the current Code of Iowa, as amended, unless the machinery or equipment is part of the normal replacement or operating process to maintain or expand the existing operational status.
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New Machinery and Equipment means machinery, equipment, and other items treated as personal property by the relevant taxing authorities, and purchased after the Effective Date, and installed and used at the Americas Operations Center for the purpose of supporting the operations of APPLE. For Phase II of the Project, APPLE shall invest an additional amount of at least Two Hundred Twenty-six Million and No/100 Dollars ($226,000,000) (“Phase II Investment”) in New Improvements and New Machinery and Equipment associated with the additional build-out of APPLE’s Americas Operations Center by December 31, 2021. In the event APPLE exceeds the requisite Phase I Investment, the value of such excess may be applied toward the Phase II Investment requirement. Only the value of like-kind investments (i.e. New Improvements or New Machinery and Equipment) may be applied toward the respective investment requirement.
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Examples of New Machinery and Equipment in a sentence

  • Company shall document investments in New Machinery and Equipment in its rendition to TCAD each Performance Year.

  • Total value of Eligible Property (amount subject to Xxxxxx County Ad Valorem Taxation): New Improvement: $ New Machinery and Equipment $ This amount must equal at least the amount specified in Section 5.1.1(d) for Company to receive benefits under the Agreement.

  • Sr.No.Date of PurchaseSr.No.Date of PurchaseANNEXURE D – LIST OF NEW MACHINARY AND EQUIPMENT List of the New Machinery and Equipment of the project staff under the scheme “Balancing, Modernization & Rehabilitation of Light Engineering Service Centre, Gujranwala” at Gujranwala.

  • The terms of this Agreement (“Term”) shall commence on the Effective Date and continue until APPLE has paid the property taxes and received its final Chapter 380 Payment with respect to the property taxes assessed for New Improvements and New Machinery and Equipment for Employment Year Ten.

  • The Company agrees that Grant Funds received by the Company for the last five (5) years of the Agreement are subject to recapture by the County if Company fails by the termination date as defined by Section 1.35 to fulfill the requirement for the total investment amount in New Improvements and New Machinery and Equipment and the total number of New Full-time Jobs to be created as of such termination date.

  • The Department will continue to increase the investment on replacement and procurement of New Machinery and Equipment of the Department.

  • Firms benefit from incentives within the scope of Law No. 4691:• Income and Corporate Tax Exemption (Earnings Exemption)• Income tax exemption applied to wages and SSI Employer Support• VAT Exemption• Customs Duty Exemption• VAT Exemption for New Machinery and Equipment Purchases LABOUR MARKET REGULATIONSTurkey has been a member of the International Labor Organization (ILO) since 1932.

  • The benefit of using a green credit card is that banks will donate funds to an environment-friendly non- profit organization from every rupee you spend on your credit card to a worthwhile cause of environment protection.

  • For Apple’s performance during Employment Years One through Six, the Agreement provides for annual Chapter 380 payments equal to 100% of the City property taxes paid by Apple on New Improvements and New Machinery and Equipment, as those terms are defined in the Agreement.

  • The Project will have approximately 250,000 – 300,000 square feet or more of space, and the Company will invest a minimum of $196,711,000 for New Improvements and New Machinery and Equipment by December 31, 2023, as further set forth on Attachment A.


More Definitions of New Machinery and Equipment

New Machinery and Equipment means machinery, equipment, furniture, fixtures, and information technology equipment and other items treated as personal property by the relevant taxing authorities, and purchased after the Effective Date, and installed and used at the Project for the purpose of supporting the operations of the Company.
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Related to New Machinery and Equipment

  • Machinery and equipment shall have the meaning specified in Section 1.1(c).

  • Qualified machinery and equipment means all new industrial

  • 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.

  • 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.

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

  • Farm machinery means all machines and tools that are used in the production, harvesting, and care of farm products, and includes trailers that are used to transport agricultural produce or agricultural production materials between a local place of storage or supply and the farm, agricultural tractors, threshing machinery, hay-baling machinery, corn shellers, hammermills, and machinery used in the production of horticultural, agricultural, and vegetable products.

  • 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.

  • Rental Equipment means the equipment identified on the Service Agreement and Order Schedule or otherwise notified to you in writing that we will rent to you as part of our provision of the Services and which you will return to us after expiry or termination of the Agreement, subject to the provisions of this Agreement.

  • Farm equipment means equipment used directly for farming

  • BT Equipment means any equipment, including any Software, owned by or licensed to BT Group that is located at a Site for the provision of a Service.

  • Systems and Equipment means any plant (including any central plant), machinery, transformers, duct work, cable, wires, and other equipment, facilities, and systems designed to supply heat, ventilation, air conditioning and humidity or any other services or utilities, or comprising or serving as any component or portion of the electrical, gas, steam, plumbing, sprinkler, communications, alarm, lab, security, or fire/life safety systems or equipment, or any other mechanical, electrical, electronic, computer or other systems or equipment which serve the Building and/or any other building in the Project in whole or in part.

  • Designated Equipment means any equipment designated in the SLA, upon which the Licensed System may be used; Documentation means operating manuals and other printed materials which assist the Customer to use the Licensed System including any technical and user software material as published by Pentana Solutions; Escalation Request is as set out in the SLA;

  • Machinery means any article or combination of articles assembled, arranged or connected and which is used or intended to be used for converting any form of energy to performing work, or which is used or intended to be used, whether incidental thereto or not, for developing, receiving, storing, containing, confining, transforming, transmitting, transferring or controlling any form of energy;

  • Computer equipment means Covered Property that is electronic computer or other data processing equipment, including peripherals used in conjunction with such equipment, and electronic media and records.

  • Furniture and Equipment means the furniture and equipment, other than motor vehicles, leased or owned by the Failed Bank and reflected on the books of the Failed Bank as of Bank Closing and located on or at Bank Premises, including without limitation automated teller machines, carpeting, furniture, office machinery (including personal computers), shelving, office supplies, telephone, surveillance, security systems and artwork. Motor vehicles shall be considered other assets and pass at Book Value. Furniture and equipment located at a storage facility not adjacent to a Bank Premises are excluded from this definition.

  • Equipment is all “equipment” as defined in the Code with such additions to such term as may hereafter be made, and includes without limitation all machinery, fixtures, goods, vehicles (including motor vehicles and trailers), and any interest in any of the foregoing.

  • New equipment means equipment for which, by the cut-off date, neither of the following events has occurred:

  • Service Equipment means any equipment, Software, systems, cabling and facilities provided by or on behalf of Verizon and used to facilitate provision of the Services at a Customer Site. Ownership of the Service Equipment does not pass to Customer. Service Equipment does not include Verizon Facilities.

  • X-ray equipment means an x-ray system, subsystem, or component thereof. Types of x-ray equipment are as follows:

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

  • Furniture means articles of which wood, reeds, rattan, cane, seagrass or metal comprise the whole or part and such as are usually made or assembled by cabinet makers, assemblers in the furnishing trades, chair and couch makers, upholsterers, wood carvers, or wood turners; and

  • Covered Equipment means, unless otherwise specified in a Schedule, Covered Property:

  • Replacement Equipment means operational equipment or other parts used by Tenant to replace any of the Equipment.

  • Eligible Equipment means, at any time of determination, Equipment owned by Borrower which Lender, in its sole discretion, deems to be eligible for borrowing purposes.

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