Personal Property and Equipment definition

Personal Property and Equipment means equipment, pipe and other personal property, fixtures and improvements situated upon the Land pertaining to a Lease, Well or Unit or used or held in use in connection with the exploration, development or operation of a Lease, Well or Unit or the production, treatment, storage, compression, sale, marketing or transportation of the Oil therefrom.
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Personal Property and Equipment has the meaning set forth in the Recitals.
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Personal Property and Equipment. All equipment, pipe, and other personal property, fixtures and improvements in which Seller has interests, situated upon the Land or used or held for use in connection with the exploration, development or operation of the Interests or the production, treatment, storage, compression, sale, marketing or transportation of Hydrocarbons from the Interests or the disposal of brine produced in connection therewith, including the salt water disposal xxxxx identified on Schedule 2.01-1 and the associated equipment, and also including leased equipment and leased personal property (the leases of which will be assigned to and assumed by Buyer at Closing).
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Examples of Personal Property and Equipment in a sentence

  • Such Borrower is the owner of all of Personal Property and Equipment located on or used in connection with its Property, except as described on Schedule 2.1.19.

  • All of the Personal Property and Equipment (other than office equipment) for each Property, except as listed in Schedule 2.1.19 or replaced with leased property as contemplated elsewhere in this Agreement, shall be owned by the applicable Borrower in such Borrower's name.

  • Comments: Signed by: For ExxonMobil Date Signed by: For Purchaser Date Site No. 12393 000 Xxxxx Xxx Xxxx Xxxxx Xxxx Xxxxxxxx, XX Sign — Major ID 1 POS System (Nucleus) 1 Convenience Store Cooler 1 Freezer 1 And any other Personal Property and Equipment, including as shown on the annexed personal property schedules for this Site, previously owned by ExxonMobil Corporation and transferred to Lessee under the SPA.

  • Comments: Signed by: For ExxonMobil Date Signed by: For Purchaser Date Site No. 11510 000 Xxx Xxxxxxxxx Xxxx Xxxxxxxxxx, XX Sign — Major ID 1 POS System (Nucleus) 1 Convenience Store Cooler 1 And any other Personal Property and Equipment, including as shown on the annexed personal property schedules for this Site, previously owned by ExxonMobil Corporation and transferred to Lessee under the SPA.

  • The Buyer shall, as soon as reasonably practicable but in no event later than 31 days after the Closing (unless extended in writing by Seller), remove the Inventory, Personal Property and Equipment, and Intangible Property from the Seller's facility.

  • Kingston Fossil Fuel Plant (the “KIF Plant”) following the coal ash spill that occurred when a containment dike at the KIF plant failed on December 22, 2008 (the “ash spill”), have been consolidated by order of the Court [Doc.

  • Comments: Signed by: For ExxonMobil Date Signed by: For Purchaser Date Site No. 12491 000 Xxxxxxxx Xxxxxxxx, XX Sign — Major ID 1 POS System (2 Towers / Monitors) 1 Convenience Store Cooler 1 Car Wash Equipment 1 And any other Personal Property and Equipment, including as shown on the annexed personal property schedules for this Site, previously owned by ExxonMobil Corporation and transferred to Lessee under the SPA.

  • Mortgagee shall have and may exercise with respect to all Personal Property and Equipment which are a part of the Premises, all the rights and remedies accorded upon default to a secured party under the Code.

  • EXHIBIT A LEASES eXHIBIT B XXXXX EXHIBIT C GATHERING SYSTEM EXHIBIT D EASEMENTS EXHIBIT E Personal Property and Equipment EXHIBIT F ASSIGNMENT AND XXXX OF SALE EXHIBIT G CONTRACTS EXHIBIT H LITIGATION EXHIBIT I CONSENTS AND GOVERNMENTAL APPROVALS EXHIBIT J NON-FOREIGN AFFIDAVIT EXHIBIT K Opinion of seller's counsel EXHIBIT L Water Trucks CT Area Pilot Name Lease Name Well NO.

  • Comments: Signed by: For ExxonMobil Date Signed by: For Purchaser Date Site No. 11890 000 Xxxxxxxxxxxx xxxx Xxxxxxxxxx, XX Sign — Major ID 1 POS System (Nucleus) 1 Lifts Above Ground 2 And any other Personal Property and Equipment, including as shown on the annexed personal property schedules for this Site, previously owned by ExxonMobil Corporation and transferred to Lessee under the SPA.


More Definitions of Personal Property and Equipment

Personal Property and Equipment has the meaning set forth in Section 2(a)(i).
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Related to Personal Property and Equipment

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

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • 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.

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

  • 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.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Machinery and equipment means machinery used in manufacturing establishments and computers except point-of-sale equipment as defined in Iowa Code section 427A.1. The term does not include computer software.

  • 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.

  • Excluded Personal Property means the following:

  • Tangible Personal Property means, in respect of any Person, all machinery, equipment, tools, furniture, office equipment, supplies, materials, vehicles and other items of tangible personal or movable property (other than Inventories and IT Assets) of every kind and wherever located that are owned or leased by the Person, together with any express or implied warranty by the manufacturers, sellers or lessors of any item or component part thereof and all maintenance Records and other documents relating thereto.

  • Farm equipment means equipment used directly for farming

  • Tenant’s Personal Property means all motor vehicles, Inventories, FAS and any other tangible personal property of Tenant, if any, acquired by Tenant at its election and with its own funds on and after the date hereof and located at the Leased Property or used in Tenant's business at the Leased Property and all modifications, replacements, alterations and additions to such personal property installed at the expense of Tenant, other than any items included within the definition of Proprietary Information.

  • Intangible Personal Property means incorporeal personal property including, but not limited to, deposits in banks, negotiable instruments, mortgages, debts, receivables, shares of stock, bonds, notes, credits, evidences of an interest in property, evidences of debt, and choses in action generally.

  • Movable equipment means a hand-held or non-hand-held machine or device, powered or unpowered, that is used to do work and is moved within or between work sites.

  • Qualified machinery and equipment means all new industrial

  • 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.

  • Personal Property Collateral means all Collateral other than Real Property.

  • 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

  • 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.

  • Fixtures means those leasehold improvements, additions, alterations and installations constituting all or a part of Bank Premises and which were acquired, added, built, installed or purchased at the expense of the Failed Bank, regardless of the holder of legal title thereto as of Bank Closing.

  • Leaseholds of any Person shall mean all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Personalty means all of the following:

  • Personal protective equipment means all equipment worn to minimize exposure to hazards, including gloves, masks, face shields, foot and eye protection, protective hearing devices, respirators, hard hats, and disposable gowns and aprons.

  • School equipment means a durable school-owned machine, equipment, or tool used by a student as part of an activity, course, or program in a secondary school and includes a saw or 3D printer. “School equipment” includes a saw or 3D printer.

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • 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.