Examples of Tangible Personal Property Leases in a sentence
To the Knowledge of Sellers, each of the Assumed Contracts and Tangible Personal Property Leases is in full force and effect against each other party thereto.
Sellers will make available to Buyers or their representatives true, correct and complete copies of all written Assumed Contracts and Tangible Personal Property Leases.
In the event Seller is unable to assign any of the Tangible Personal Property Leases (or the portion thereof relating to the Ohio T&D Business) as of the Closing as a result of the failure to obtain any consent of any lessor under any such Tangible Personal Property Lease, it will notify Buyer promptly that it will not be able to assign such Tangible Personal Property Lease (or such portion thereof) to Buyer at the Closing.
Without limiting the foregoing, Seller shall instruct Manager to deliver to Purchaser by Closing (i) summaries of occupancies, rates, and total food and beverage volumes, (ii) updated Financial Statements, and (iii) an update, if any is necessary, of the Schedule of Service Contracts, the Schedule of Tangible Personal Property Leases, the Schedule of Leases, and the Schedule of Deposits and Utility Reservations, along with a true copy of any new written agreements described therein.
The largest components of our prospectus and other distribution revenue include (with 2004/2005 budget figures shown): • Mutual fund base prospectus filing fee: $3.7 million• Prospectus percentage proceeds fees: $3.6 million• Non-mutual fund base prospectus filing fee: $1.7 million• Annual information form (AIF) filing fee: $1.5 million For the base prospectus filing fees in 2004/2005, we used the three-year average5 and added 3% based on the current upturn in financing activity.
A Xxxx of Sale and Assignment and Assumption of Leases and Contracts, in the form of Exhibit C hereto (the “Xxxx of Sale”), executed by Seller, conveying to Purchaser, without warranty (except as set forth in Section 9.1.10), Seller’s right, title and interest in and to the Tangible Personal Property, Leases and Assumed Service Contracts.
In order for the lessee to use the right to trade in the vehicle, the lessee must purchase the vehicle and be the owner on the vehicle's title.Equipment and Other Tangible Personal Property Leases The major difference between taxes collected on motor vehicle leases and taxes collected on other tangible personal prop- erty leases is in the local tax collection requirement.
Section 4.9 of the Seller Disclosure Schedule sets forth each item of Tangible Personal Property leased by the respective Companies (other than pursuant to individual leases having an annual rental of less than Fifty Thousand Dollars ($50,000) or that are terminable by the Company upon sixty (60) days notice or less without penalty) (the "Tangible Personal Property Leases").
Sellers have delivered to Buyer true, correct and complete copies of the Tangible Personal Property Leases, together with all amendments, modifications or supplements thereto.
Schedule 4.8 to the Seller Disclosure Letter lists all Tangible Personal Property Leases to which Seller is a party and which (i) are to be transferred and assigned to and assumed by Buyer on the Closing Date, (ii) cover all or any part of any leased tangible personal property used exclusively in the Business (other than Excluded Assets), and (iii) provide for annual payments of more than $10,000.