Qualifying Equipment means equipment used directly in the harvesting or processing qualifying forest products removed from a qualifying project. Qualifying equipment does not include self-propelled vehicles required to be licensed by this state, but may include other licensed vehicles as provided by this paragraph. Qualifying equipment includes:
Qualifying Equipment means equipment used directly in
Qualifying Equipment means, in respect of an Equipment Class, Equipment that meets the minimum criteria for acquisition and replacement in the Equipment Class, as determined by the Technical Committee.
Examples of Qualifying Equipment in a sentence
Additionally, if the new equipment is not listed on the Qualifying Equipment Tables but meets the efficiency requirements for that equipment, sufficient data must be provided to prove that it qualifies.
Eligible high-efficiency commercial food service equipment must meet or exceed the Utility’s minimum efficiency requirements shown in the Qualifying Equipment Tables.
The proceeds of each Term Loan will be used by the Borrower solely to pay or reimburse acquisition costs of Qualifying Equipment and/or Qualifying Leasehold Improvements.
Under no circumstances shall any equipment purchased from any other vendor besides Viaero be considered Qualifying Equipment.
Any and all data contained on Qualifying Equipment, including but not limited to, contact lists, photos, video, music, ring tones, emails, wallpapers, games, screensavers, or other downloads or software.
More Definitions of Qualifying Equipment
Qualifying Equipment means that the equipment is eligible for Incentives. Qualifying Equipment is limited to equipment included on the Qualified Equipment List.
Qualifying Equipment means that the equipment and systems that are eligible for Incentives.
Qualifying Equipment means equipment of a type specified in column 1 of table 1 meeting the description specified in column (2) of that table opposite the reference to that equipment type in column (1) thereof.
Qualifying Equipment means equipment purchased by the Borrowers after March 1, 1997 for use in the Borrowers' business which meets all of the following criteria: (i) such equipment consists of one of the items shown on the Equipment List heretofore delivered by the Borrowers to the Bank or has otherwise been approved by the Bank for use in supporting a 1998 Term Loan, (ii) each item of such equipment has been delivered to and installed at Alkermes' or ACT I's premises in Cambridge, MA (in the case of Qualifying Equipment owned by Alkermes or ACT I) or ACT II's premises in Clinton County, Ohio or Hamixxxx Xxxnty, Ohio (in the case of Qualifying Equipment owned by ACT II) and has become fully operational, (iii) the relevant Borrower has paid in full for each item of such equipment and holds title to same, free of all interests and claims of any other person or entity (other than the security interest of the Bank), and (iv) the Bank has a fully perfected first security interest in such equipment. The 1998 Term Loans will be evidenced by the 1998 Term Note. Interest on the 1998 Term Loans shall be payable at the times and at the rate provided for in the 1998 Term Note. Overdue principal of any 1998 Term Loan and, to the extent permitted by law, overdue interest shall bear interest at a rate per annum which at all times shall be equal to the sum of (i) four (4%) percent per annum PLUS (ii) the per annum rate otherwise payable under the 1998 Term Note (but in no event in excess of the maximum rate from time to time permitted by then applicable law), compounded monthly and payable on demand. Each Borrower hereby irrevocably authorizes the Bank to make or cause to be made, on a schedule attached to the 1998 Term Note or on the books of the Bank, at or following the time of the making of any 1998 Term Loan and of receiving any payment of principal of any 1998 Term Loan, an appropriate notation reflecting such transaction and the then aggregate unpaid principal balance of the 1998 Term Loans. The amount so noted shall constitute presumptive evidence as to the amount owed jointly and severally by the Borrowers with respect to principal of the 1998 Term Loans. Failure of the Bank to make any such notation shall not, however, affect any obligation of any Borrower or any right of the Bank hereunder or under the 1998 Term Note. The 1998 Term Loans will be made jointly to the Borrowers and repayment thereof will be the joint and several obligation of the Borrowers. The 1998 Term Loans will be...
Qualifying Equipment means a HPWH that meets the following criteria: • Storage Heat Pump Water Heater • UEF of 3.1 or greater • Grid-connection capability For the purposes of this Program, grid-connection capability means the HPWH has the ability to be controlled remotely via a CTA-2045 connection. The HPWH does not need to be actively communicating with the internet at the time of installation to be eligible for an incentive. Refer to the Qualified Products List for a full list of Qualifying Equipment. The Qualified Products List is a list that is maintained by Energy Solutions and is available on the website. It is subject to change due to periodic updates.
Qualifying Equipment software (not including "shrink-wrapped" software) purchased by the Borrower for use in connection with the equipment otherwise included in "Qualifying Equipment"; provided that the aggregate cost of the software so included will not exceed 20% of the aggregate principal amount of 1999-2000 Term Loans outstanding at the Full Drawing Date (hereinafter defined). If for any reason the aggregate cost of such software exceeds 20% of the aggregate principal amount of 1999-2000 Term Loans outstanding at the Full Drawing Date, the Borrower will forthwith repay those 1999-2000 Term Loans made to finance the cost of such software to the extent necessary so that the aggregate cost of software financed by 1999-2000 Term Loans (and not so prepaid) will not exceed 20% of the then aggregate outstanding principal amount of the 1999-2000 Term Loans. As used herein, "Full Drawing Date" means the earlier of: (i) January 31, 2000 or (ii) that date on which 1999-2000 Term Loans with an aggregate original principal amount of $5,000,000 shall have been advanced. Prior to the making of each 1999-2000 Term Loan, and as a precondition thereto, the Borrower will provide the Bank with: (i) invoices supporting the costs of the relevant Qualifying Equipment; (ii) such evidence as the Bank may reasonably require showing that the Qualifying Equipment has been delivered to and installed at the Borrower's Chelmsford, MA premises, has become fully operational, has been paid for by the Borrower and is owned by the Borrower free of all liens and interests of any other Person (other than the security interest of the Bank pursuant to the Security Agreement); (iii) Uniform Commercial Code financing statements (if needed) reflecting the relevant Qualifying Equipment with respect to which such 1999-2000 Term Loan is being made; and (iv) evidence satisfactory to the Bank that the Qualifying Equipment is fully insured against casualty loss, with insurance naming the Bank as secured party and first loss payee. The 1999-2000 Term Loans will be evidenced by the 1999 Term Note. Interest on the 1999-2000 Term Loans shall be payable at the times and at the rate provided for in the 1999 Term Note. Overdue principal of any 1999-2000 Term Loan and, to the extent permitted by law, overdue interest shall bear interest at a fluctuating rate per annum which at all times shall be equal to the sum of (i) four (4%) percent per annum plus (ii) the per annum rate otherwise payable ---- under the 1999 Term Note (but i...
Qualifying Equipment any software (not including "shrink-wrapped" software) which meets all of the conditions and criteria set forth in the immediately preceding sentence to be Qualifying Equipment (other than the exclusion of software contained therein) and which is purchased by the Borrower for use in connection with its tangible Qualifying Equipment; provided that the aggregate principal amount of the Term Loans made with respect to the costs of the software so included will be limited to $300,000.