Tangible Personal Property definition

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.

Tangible Personal Property has the meaning set forth in Section 2.01(e).

Tangible Personal Property means personal property that can be seen, weighed, measured, felt, or touched or that is in any other manner perceptible to the senses and includes electricity, water, gas, steam, and prewritten computer software.

Examples of Tangible Personal Property in a sentence

• Subject to the terms and conditions of this Agreement, as of January 1 of the First Year of Abatement, the City hereby grants Owner an abatement of thirty percent (30%) of the Taxable Value of the Improvements and an abatement of thirty percent (30%) of the Taxable Value of the Tangible Personal Property, for a period of ten (10) consecutive years, beginning with the First Year of Abatement.

• The liquidated damages shall constitute a tax lien against the Premises and the Tangible Personal Property.

• The computation of the abated tax for the purposes of the Agreement shall be based upon the full Taxable Value of the Improvements and the Tangible Personal Property, without tax abatement for the years in which tax abatement hereunder was received by the Owner, as determined by the Tarrant Appraisal District, multiplied by the tax rate of the years in question.

• The Owner shall annually render the value of the Improvements and the Tangible Personal Property to the Tarrant Appraisal District, and to provide a copy of the same to the City upon written request.

• The actual percentage of Taxable Value of the Tangible Personal Property subject to abatement for each year this Agreement is in effect will apply only to the Tangible Personal Property that is added to the Improvements subsequent to the execution of this Agreement.

More Definitions of Tangible Personal Property

Tangible Personal Property means all furniture, fixtures, equipment, machinery, tools, vehicles, office equipment, supplies, computers, servers, telephones, motor vehicles and transportation equipment, all computer hardware and information services systems, and other tangible personal property related to the 17173 Business.

Tangible Personal Property means personal property that:

Tangible Personal Property means personal property which may be seen, weighed, measured, felt,

Tangible Personal Property all machinery, equipment, tools, furniture, office equipment, computer hardware, supplies, materials, vehicles and other items of tangible personal property (other than Inventories) of every kind owned or leased by Seller (wherever located and whether or not carried on Seller’s books), together with any express or implied warranty by the manufacturers or sellers or lessors of any item or component part thereof and all maintenance records and other documents relating thereto.

Tangible Personal Property means machinery, equipment, hardware, furniture, fixtures, tools, Information Technology and all other tangible personal property, it being understood that Tangible Personable Property shall not include any Intellectual Property.

Tangible Personal Property shall have the meaning set forth in Section 3.16.

Tangible Personal Property means the items of tangible personal Property consisting of all furniture, fixtures and equipment situated on, attached to, or used in the operation of the Hotel, and all furniture, furnishings, equipment, machinery, and other personal property of every kind located on or used in the operation of the Hotel and owned by the Contributors; provided, however, that the Acquiror agrees that, all Inventory shall be conveyed to the Acquiror's property manager.