Qualified equipment means equipment that was placed in service by a stamping agent that included conveyors and additional associated electrical line and compressed air line before August 15, 2014 in connection with the implementation of a digital stamping line under a pilot program with the department as determined by the department. Qualified equipment does not include the cost of installation of a conveyor.
Qualified equipment means machinery,
Qualified equipment means equipment used or useful in the ordinary course of business of Borrower that will be owned by Borrower free and clear of any liens, security interests or other encumbrances, other than security interests in favor of Bank or otherwise permitted hereunder.
Examples of Qualified equipment in a sentence
Qualified equipment lists were also maintained and updated on a quarterly basis based on changes to the ENERGY STAR® and Food Service Technology Center websites.
Qualified equipment is machinery or equipment in Idaho with a useful life of three years or more.
Qualified equipment examiners shall use the then current versions of standardized forms in administering all practical tests used to determine qualification for any classification or type of equipment or machinery within a classification, regardless of the testing district.
Qualified equipment service personnel must conduct safety checks and preventative maintenance on equipment according to equipment manufacturer’s specifications.
Qualified equipment includes solar, wind, geothermal and solid waste.
More Definitions of Qualified equipment
Qualified equipment means machinery, apparatus or equipment
Qualified equipment means equipment capable of providing current
Qualified equipment means machinery, equipment and tools, including component, repair, replacement and spare parts thereof, that are used directly in the manufacturing process of a manufacturing operation. "Qualified equipment" includes computer hardware and software used directly in the manufacturing process of a manufacturing operation but excludes any motor vehicle that is required to be registered in this state pursuant to the Motor Vehicle Code."
Qualified equipment means equipment (as that term is defined in the Wisconsin Uniform Commercial Code) [a] which is new and unused and in good working condition; [b] the existence, location and amount of which have been certified to in a manner satisfactory to Lender by a representative of Debtor; and [c] which is owned by Debtor free and clear of all encumbrances and security interests (other than Lender's).
Qualified equipment means any installed or Spare Engine (including all Modules and Parts thereof or incorporated therein but excluding Line Replaceable Units and Life Limited Parts, unless such Line Replaceable Units and/ or Life Limited Part coverage is selected pursuant to Clause 2 of this Agreement) which was acquired by Operator from Rolls-Royce or the Airframer or channels specifically approved by Rolls-Royce. Rolls-Royce Deutschland/Midwest Express Airlines General Terms Agreement
Qualified equipment. (as defined in Section 2.03(f)), to be purchased with proceeds of such Equipment Line of Credit B Advance.
Qualified equipment means machinery, apparatus or equipment acquired by purchase for use or consumption by the taxpayer directly and primarily in the production of tangible personal property by manufacturing, processing, assembling or refining, as defined pursuant to subsection a. of section 25 of P.L.1980, c. 105 (C.54:32B-8.13), having a useful life of four or more years, placed in service in this State and machinery, apparatus or equipment acquired by purchase for use or consumption directly and primarily in the generation of electricity as defined pursuant to subsection b. of section 25 of P.L.1980, c. 105 (C.54:32B-8.13) to the point of connection to the grid, or in the generation of thermal energy, having a useful life of four or more years, placed in service in this State. Qualified equipment does not include tangible personal property which the taxpayer contracts or agrees to lease or rent to another person or licenses another person to use.