Examples of Owned Personal Property in a sentence
GSA prescribes regulations governing the use of the U.S. Government Bill of Lading – International and Domestic Overseas Shipments, U.S. Government Bill of Lading – Privately Owned Personal Property, commercial bills of lading, and electronic bills of lading that are referenced in 41 C.F.R. Parts 102-117 and 102-118.
The Owned Personal Property, together with the other Purchased Assets, constitute all assets of Gold Xxxx which, together with the Transition Agreement, are necessary to conduct the Inputs Business in the same manner and to the extent currently conducted by Gold Xxxx.
For purposes of this Section, the value or physical condition of the Owned Personal Property shall be deemed to differ materially from the date hereof if the sum of the book value, as shown on the Gold Xxxx'x books and records, of the Owned Personal Property destroyed or damaged, or the aggregate costs of all necessary repairs to, and replacements of, the Owned Personal Property, is greater than ten percent (10%) of its book value as shown on the Gold Xxxx'x books and records.
Purchaser shall pay any sales tax due on the transfer of either Seller's leasehold interest in and to the Leased Personal Property or title to the Owned Personal Property to Purchaser.
The Acquired Companies own good and valid title to all of the Owned Personal Property, free and clear of all Security Interests other than Security Interests set forth in Section 3.11(c) of the Disclosure Schedule (all of which will be released at the Closing) and Permitted Security Interests.