Rental Equipment definition

Rental Equipment means the equipment identified on the Service Agreement and Order Schedule or otherwise notified to you in writing that we will rent to you as part of our provision of the Services and which you will return to us after expiry or termination of the Agreement, subject to the provisions of this Agreement.

Rental Equipment means tangible personal property sold, rented, leased, or licensed to customers to the extent that the item is actually used by the customer for rental, lease, or license to others; provided that:

Rental Equipment means tangible personal property which is offered for sale or rent (or offered for sale as used equipment) by an Obligor in the ordinary course of its business or used in the business of the Obligors and their Subsidiaries and included in fixed assets in the consolidated accounts of Holdings, including Inventory that Holdings currently describes as “rental equipment” in such consolidated accounts, but excluding any Merchandise and Consumables Inventory.

Examples of Rental Equipment in a sentence

• AMS reserves the right, at its sole option, to reduce Agency’s inventory of Rental Equipment, if Agency does not remit the Replacement Fee within thirty (30) days from the date of receipt of AMS’ invoice.

• Title to any Rental Equipment shall remain with AMS, unless such Equipment is later purchased by the Agency.

• The replacement fee for Rental Equipment lost or damage beyond repair will be the purchase price, per unit, listed above or as follows: CAM Bracelet $1108.35; Wireless Base Station $589.42; Landline Base Station $402.92; Remote Breath Pro $676.11; GPS Beacon $417.47.

• Upon reasonable notice, AMS reserves the right to audit Rental Equipment inventory on a quarterly basis.

• Agency will be responsible to and reimburse AMS for all loss to AMS resulting from damage, theft, destruction or any other loss whatsoever of Rental Equipment received by Agency.

More Definitions of Rental Equipment

Rental Equipment means all movable medical equipment owned by Borrower or any of its Subsidiaries generally consisting of, but not limited to, critical care equipment, monitoring equipment, newborn care equipment and respiratory therapy equipment.

Rental Equipment means any goods and/or equipment to be supplied by CI to the Customer on a rental basis;

Rental Equipment means the Equipment (including any Software) identified in the Order or the applicable Schedule, leased to the Customer under a separate lease agreement for use by the Customer in connection with the Service, other than the Ancillary Equipment and Customer Equipment; Schedule 3 (Services) means a series of sub-schedules (including any annex thereto) describing the relevant Services provided under this Agreement; Schedule 4 (Support Services) means as series of sub-schedules (including any annex thereto) describing the relevant Support Services provided under this Agreement;

Rental Equipment means utility equipment, vehicles and other equipment that is determined in the good faith of the Borrower to be held for the purpose of renting such equipment and vehicles to customers of the Borrower and its Subsidiaries.

Rental Equipment means all mobile office units or other equipment held for rental (or at the time being rented) or sale by the Issuer and its Restricted Subsidiaries in the ordinary course of business.

Rental Equipment all revenue earning equipment, excluding all Rental Car Revenue Earning Vehicles, owned by or leased to the Parent Borrower or a Subsidiary of a Parent Borrower that are classified as “revenue earning equipment” in the consolidated financial statements of the Parent Borrower.

Rental Equipment means any plant, equipment, machinery or tools that the Company agrees to rent to the Customer under the Contract;