Original Equipment Cost definition

Original Equipment Cost means (i) with respect to each Contract originated by DVI, the vendor's invoice price of the related Equipment at the time of origination of the related Contract and (ii) with respect to each Contract acquired by DVI from others, the amount recorded on DVI's records as paid by DVI to acquire such Contract and the broker's interest in the related Equipment.
Original Equipment Cost means, with respect to any item of Portfolio Property, the original cost of such Portfolio Property as recorded in the books and records of any member of the Seller Group in accordance with the Accounting Principles.
Original Equipment Cost. With respect to any Container, the sum of (i) the vendor's or manufacturer's invoice price of such Container and (ii) all reasonable and customary inspection, transport, and initial positioning costs necessary to put such Container in service.

Examples of Original Equipment Cost in a sentence

  • LESSOR (LESSEE) Using Agency: By: (Authorized Approval By - Name) Title: Date: TERM LEASE QUOTE FORM Lease Period - months From till (Date) (Date) Original Equipment Cost Less Residual Value of Equipment Ancillary costs (itemize and attach separately) – Total Total Cost for Lease Interest Rate Spread Monthly/Quarterly/Annual Lease Payment (circle one) Lease Payment Schedule (Level Payments) - to be attached This quote issued as of , based on the three (3) year U.

  • The clear break-up of Price Quoted i.e., Original Equipment Cost, Tax Component, inland transportation, Insurance, training costs, if any, for the warranty period to be given.Please Note: Offers having conditions/deviations are liable to be rejected at the sole discretion of STC.

  • In terms of clause 19.1 of CMTS/UAS licenses, the GR shall be inclusive of installation charges, late fees, sale proceeds of handsets (or any other terminal equipment etc.), revenue on account of interest, dividend, value added services, supplementary services, access or interconnection charges, roaming charges, revenue from permissible sharing of infrastructure and any other miscellaneous revenue, without any set-off for related item of expense, etc.

  • Non-Preventable Accident - Any occurrence involving a District-owned/leased48 vehicle in which it is determined by the Risk Manager or Transportation Department49 designee that the driver/operator in question did everything he/she reasonably could50 have done to prevent the accident occurrence.512.ADMINISTRATION AND PROCEDURE:52 a.

  • Original Equipment Cost: With respect to each Container, an amount equal to the sum of (i) the vendor’s or manufacturer’s invoice price of the related Container and any rebates thereon, (ii) all reasonable and customary inspection, transport, and initial positioning costs necessary to put such Container in service and (iii) reasonable acquisition fees and other fees not to exceed 2.5% of the amounts described in clauses (i) and (ii) above.


More Definitions of Original Equipment Cost

Original Equipment Cost means, with respect to each Marine Container, an amount equal to the sum of (i) the vendor’s or manufacturer’s invoice price of such Marine Container, and (ii) all reasonable and customary inspection, transport, and initial positioning costs necessary to put such Marine Container in service.
Original Equipment Cost. With respect to a Managed Container, one of the following:
Original Equipment Cost means the invoice price of the Equipment, exclusive of amounts, if any, paid for taxes, warranty extensions or service contracts.
Original Equipment Cost. With respect to any Container as of any date, an amount equal to the average, for all Issuer Containers of the same equipment type and year of manufacturer, the sum of (i) the greater of (A) the vendor’s or manufacturer’s invoice price of such Container and (B) with respect to those Containers owned by TAL, and TOCC immediately prior to the Closing Date that were acquired by TAL or TOCC prior to November 4, 2004 through an asset purchase or other acquisition, the purchase price allocated to a Container by TAL or TOCC, as applicable in the acquisition of such Container, plus (ii) reasonable and customary inspection, transport and initial positioning costs necessary to put such Container in service not to exceed three percent (3%) of the amount described in clause (i) above, plus (iii) the cost of any Capital Improvements made to such Container, by, or on behalf of, the Issuer which expenditures are capitalized in accordance with GAAP, provided however, that the aggregate amount of Capital Improvements that may be included in the calculation of the Aggregate Net Book Value as of any date of determination may not exceed an amount equal to five percent (5%) of the Aggregate Net Book Value, plus (iv) reasonable acquisition fees and other fees allocated by the Seller not to exceed two and one half percent (2.5%) of the amount described in clause (i) above.
Original Equipment Cost. With respect to each item of Equipment an amount equal to the sum of (i) the vendor’s or manufacturer’s invoice price of the related Equipment and (ii) all reasonable and customary inspection, transport and positioning costs necessary to put such item of Equipment in service.
Original Equipment Cost. With respect to any Owner Container, one of the following:
Original Equipment Cost means, with respect to any item of Equipment, the original cost of such Equipment as established on the books and records of the Person that owned such Equipment at the inception of the Financing Contract to which such Equipment is subject (it being agreed that the Original Equipment Cost of any item of Equipment subject or related to any Originated Financing Contract, IKON Originated Financing Contract, SLG Financing Contract or Program Stream Financing Agreement shall be (a) the Purchase Price in respect thereof, with respect to Equipment that does not constitute Non-Core Equipment and (b) the purchase price paid or required to be paid by GECITS to any third party supplier thereof (other than IKON or any other IKON Company) with respect to any Equipment that constitutes Non-Core Equipment).