Tangibles definition

Tangibles means the Vendor's entire interest in and to all tangible depreciable property located in or on the Lands and used, or intended for use, in connection with production, storage, treatment or transportation operations respecting the Lands, including, without limitation, the well equipment, if any, relating to the ▇▇▇▇▇ on the Lands;
Tangibles means the Vendor's Interest in and to the Facilities and any and all other tangible depreciable property and assets, if any, which are located within, upon or in the vicinity of the Lands and which are used or are intended to be used to produce, process, gather, treat, measure, store, transport, make marketable or inject the Leased Substances or any of them;
Tangibles means Quattro's entire right, title, estate and interest in and to: (i) any and all tangible depreciable property, equipment and other assets located within, upon or in the vicinity of the Lands that are used or are intended to be used to produce, process, gather, treat, measure, make marketable or inject the Leased Substances or any of them; (ii) the Pipelines; and (iii) the Facilities;

Examples of Tangibles in a sentence

  • The cost of Tangibles and Miscellaneous Interests comprising any Properties to be acquired pursuant to a Future Acquisition shall be paid for by the Grantor utilizing its own working capital or funds borrowed by it for such purposes pursuant to the Credit Facilities.

  • Purchaser shall also remit to the Vendor at Closing the seven percent (7%) goods and services tax applicable to that portion of the Purchase Price allocated to the Tangibles, in accordance with the Excise Tax Act (Canada).

  • The Purchaser acknowledges that it has made its own independent investigation, analysis, evaluation and verification of the Company and its interests in the Assets, including the Purchaser's own estimate and appraisal of the extent, value of the reserves of Petroleum Substances attributable to the Lands and of the condition and capacity of the Tangibles.

  • Within sixty (60) days following the Closing Date, the Purchaser shall remove the names of the Vendor and its Affiliates and predecessors from all signs located at or near the ▇▇▇▇▇ or any Tangibles.

  • Debtor warrants that all such documents are and shall be genuine, valid and in all respects what they purport to be and that the Tangibles described therein will be identified or fungible portions of an identified mass, and that said documents are and will be subject to no terms or conditions other than is noted therein or thereon.


More Definitions of Tangibles

Tangibles means physical material that embodies, contains, stores, or reveals Proprietary Information or Intellectual Property. "Company Tangibles" means Tangibles that are in the care, possession, custody, or control of Company or of a third party on behalf of Company, including Tangibles held or used by Company under lease or license.
Tangibles means, collectively, all right, title, interest and estate of the Vendor, whether absolute or contingent, legal or beneficial, present or future, vested or not, in and to the tangible depreciable property and assets located within or upon the Lands and which are used or are intended to be used to produce, process, gather, treat, measure, or make marketable Petroleum Substances or in connection with water, condensate, injection or removal operations that pertain to the Oil Sands Rights.
Tangibles means all forms of corporeal movable property. Among the categories of tangibles are inventory, equipment, fixtures, negotiable instruments and negotiable documents.
Tangibles means all tangible property, apparatus, plant, equipment, machinery and facilities used or held for use, from time to time, for purposes of producing Petroleum Substances from the NPI Lands or lands pooled or unitized therewith or for storing, measuring, compressing, treating, processing or collecting such Petroleum Substances, including wellheads, wellhead equipment, tanks, pumps, pump jacks, separators, dehydrators, flow lines and Facilities;
Tangibles means the Grantor's interest in facilities and in all tangible depreciable property and assets used or intended to be used in connection with production, gathering, treatment, storage, compression, processing, transportation, injection, removal or other operations relating to the Petroleum and Natural Gas Rights and situated within or upon or about the lands with which they have been pooled, including, without limitation, the tangible equipment, if any, relating to the ▇▇▇▇▇ and down-hole equipment;
Tangibles means all right, title, estate and interest, whether absolute or contingent, legal or beneficial, present or future, vested or not, held by the Watford Entities, Watford Energy and Amalco in and to any tangible property, apparatus, plant, equipment, machinery and facilities, fixed or non–fixed, real or personal, used or capable of use in exploiting any Petroleum Substances (whether the Petroleum and Natural Gas Rights or which such Petroleum Substances are attributable to or are owned by the Watford Entities, Watford Energy, Amalco or by others or all of them), including:
Tangibles means all of Quaneco’s interest in and to any and all tangible and depreciable property including, without limitation, all well equipment located on the wellsites of the ▇▇▇▇▇ located on the Option Lands;