Personal Property definition

Personal Property means all machinery, equipment, furniture, furnishings, movable walls or partitions, computers (and all associated software), trade fixtures and other personal property (but excluding consumable inventory and supplies owned by Tenant) used in connection with the Leased Property, together with all replacements and alterations thereof and additions thereto, except items, if any, included within the definition of Fixtures or Improvements.
Personal Property shall have the meaning set forth in the granting clause of the Mortgage.
Personal Property means all Intangible Property and all those items of tangible personal property described on Schedule 4.8 having a fair market value equal to or in excess of Five Thousand and 00/100 Dollars ($5,000.00) per item, attached hereto and made a part hereof, other than the Fixtures, now or on the Closing Date owned by the Local Church and located on or about the Land or Improvements or used in connection with the operation thereof.

Examples of Personal Property in a sentence

  • All fixtures, machinery, equipment and other articles of Personal Property attached or appurtenant to, or used in connection with the Property, are owned by the S2 TIC Subsidiaries, free of any liens or encumbrances except for the Permitted Exceptions, and are included in this sale.

  • Without Purchaser’s prior written consent, which consent shall not be unreasonably withheld, Seller shall not, and shall cause the S2 TIC Subsidiaries not to, remove from the Property any article of Personal Property, except as may be necessary for repairs, or the discarding of worn out or useless items that are replaced by (and at the expense of) Seller with similar items of equal or greater quality and utility prior to the Closing Date.


More Definitions of Personal Property

Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.
Personal Property shall have the meaning assigned thereto in Section 2.1(b)(iii).
Personal Property means, collectively, all of the Property other than the Real Property.
Personal Property means all of Seller’s right, title and interest in and to all equipment, appliances, tools, supplies, machinery, artwork, furnishings and other tangible personal property attached to, appurtenant to, located in and used exclusively in connection with the ownership or operation of the Improvements and situated at the Real Property at the time of Closing, but specifically excluding all personal property leased by Seller or owned by tenants or others.
Personal Property has the meaning set forth in Section 3.11(a).
Personal Property shall have the meaning set forth in the granting clause of the Security Instrument.
Personal Property has the meaning specified in Section 2.1(d).