Sold Equipment definition

Sold Equipment has the meaning set forth in Section 2.01(a).
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Sold Equipment means the physical equipment, such as cameras, monitors, and other related equipment, accessories or parts, but excluding any Software that may be installed on such Equipment, that Customer purchases from Envysion under an Order Form whereby title to the Equipment passes to Customer.
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Sold Equipment has the meaning set forth in the recitals to this Agreement.
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Examples of Sold Equipment in a sentence

  • The Supplier will retain title in all Sold Equipment until it has been paid for in full by the Customer, and the Customer shall not do anything to affect the Supplier’s interest therein until title has vested in the Customer.

  • Product and Sold Equipment Product revenue is generated from sales of cleaning, sanitizing, water treatment, process treatment and colloidal silica products.

  • The Supplier may at any time where the Customer is in breach of a Service Contract take possession and control of any Sold Equipment which has not been paid for in full.

  • On each Closing Date, Seller shall deliver and Buyer shall accept delivery of the Sold Equipment, any Additional Sold Equipment and any Buyer-Purchased Equipment at Seller’s facility located at 00000 Xxxxxx Xxxxx Xxxxx, Xxxx Xxxxxx, Xxxxxxxxxx 00000 (the “Seller’s Facility”), and it is anticipated it shall remain there for the duration of the Lease Agreement, until termination of the Lease Agreement under its terms.

  • Ownership of any Sold Equipment shall transfer directly from the Seller to the Buyer at the point when Equippo receives the applicable Buyer Payment or Security from the Buyer; and all risk of loss relating to any Sold Equipment shall pass directly from the Seller to the Buyer the moment the Seller has carried out all of the Seller’s delivery obligations under a specific Order Notice.

  • Title to the Sold Equipment (but not to any Software incorporated or embedded therein) shall pass to Customer at delivery; provided however, Customer hereby grants a security interest in the Sold Equipment sold under an Order Form and the proceeds thereof until payment of the full purchase price to Envysion.

  • All original packaging should be retained in respect of any claim until a representative of Logical Solutions can inspect the Sold Equipment.

  • Sold Equipment is subject to the terms and conditions of any manufacturer’s warranty or extended warranty plan that the Customer may have obtained on the purchase of the Equipment.(3) The Customer acknowledges receiving the Equipment in good physical condition at the point of sale or at Customer’s premises, thereafter he/she will be responsible forthe condition of the Equipment.

  • Borrower shall prepay to Lender a sum equal to the pro-rata portion of accrued interest and principal balance outstanding due under such Note on the Sold Equipment plus the Prepayment Fee (“Purchase Payment”) to be applied in the manner described in Section 2(h)(i) hereof.

  • Logical Solutions shall have no further responsibility in respect of the safety of the Sold Equipment thereafter.


More Definitions of Sold Equipment

Sold Equipment means Equipment sold to you by us,
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Sold Equipment means the equipment provided as part of the Loyalty Management Services, the title of which will pass to the Trader and will not be returned at the end of the Contract, as set out in Schedule 1.
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Sold Equipment means the intermodal trailers and domestic containers sold by Seller or a Designated Subsidiary after September 30, 2000 and prior to the Closing as permitted by Section 5.1(b)(ii)(2) hereof.
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Related to Sold Equipment

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

  • 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.

  • Farm equipment means equipment used directly for farming

  • Excluded Equipment means (i) defibrillators, enhanced emergency medical kits and other medical equipment, (ii) airphones and other components or systems installed on or affixed to the Airframe that are used to provide individual telecommunications or electronic entertainment to passengers aboard the Aircraft, (iii) galley carts, beverage carts, waste containers, liquor kits, food tray carriers, ice containers, oven inserts, galley inserts, and other branded passenger convenience or service items, (iv) any items, equipment or systems leased by Company or any Permitted Lessee (other than items, equipment, or systems that are leased from Company pursuant to the applicable Lease) or owned by Company or any Permitted Lessee subject to a conditional sales agreement or a security interest (other than the security interest granted under the Indenture), and (v) cargo containers.

  • 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.

  • Designated Equipment means any equipment designated in the SLA, upon which the Licensed System may be used; Documentation means operating manuals and other printed materials which assist the Customer to use the Licensed System including any technical and user software material as published by Pentana Solutions; Escalation Request is as set out in the SLA;

  • BT Equipment means any equipment, including any Software, owned by or licensed to BT Group that is located at a Site for the provision of a Service.

  • 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.

  • Metering Equipment means all metering equipment installed at the metering points designated in the appropriate appendix to an Interconnection Service Agreement.

  • 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.

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

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

  • New equipment means equipment for which, by the cut-off date, neither of the following events has occurred:

  • Machinery and equipment shall have the meaning specified in Section 1.1(c).

  • Fuel burning equipment means any furnace, boiler, apparatus, stack and all associated equipment, used in the process of burning fuel.

  • Covered Equipment means, unless otherwise specified in a Schedule, Covered Property:

  • Associated equipment means equipment that is used in conjunction with a radiographic exposure device to make radiographic exposures that drives, guides, or comes in contact with the source, e.g., guide tube, control tube, control (drive) cable, removable source stop, “J” tube and collimator when it is used as an exposure head.

  • Customer Equipment means hardware, software, systems, cabling and facilities provided by you and used in conjunction with the Equipment that we supply to you in order to receive the Services;

  • Operating Equipment means furniture, furnishings, special lighting fixtures, carpeting, draperies, decorations or other special finishing work, signs, appliances and trade fixtures and equipment that is furnished, installed or used by the Contractor in its operations on the Airport. It does not include Fixed Improvements, or repair or maintenance of Operating Equipment or Fixed Improvements or displays or decorations that are of a seasonal or temporary promotional nature.

  • 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.

  • Qualified machinery and equipment means all new industrial

  • 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.

  • Computer equipment means Covered Property that is electronic computer or other data processing equipment, including peripherals used in conjunction with such equipment, and electronic media and records.

  • Existing Equipment means any items of existing plant or equipment owned or controlled by either Pur- chaser or End-User upon which Supplier is required to perform Services.

  • Production equipment (1 7 9) means tooling, templates, jigs, mandrels, moulds, dies, fixtures, alignment mechanisms, test equipment, other machinery and components therefor, limited to those specially designed or modified for "development" or for one or more phases of "production".

  • 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.