Trade Equipment definition

Trade Equipment means Food Equipment, Laundry Equipment and Housekeeping Equipment.
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Trade Equipment means all furniture, furnishings, trade fixtures and equipment installed or used on the Premises by Tenant or any Subtenant from time to time during the Term, other than those which may be owned by a Third Party Lessor.
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Trade Equipment shall have the meaning ascribed to it in Section 6.03.
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Examples of Trade Equipment in a sentence

  • Port agrees that all such items of financed or leased Trade Equipment installed or to be installed on the Assigned Space shall be and remain personal property and not real property, notwithstanding the fact that the same may be nailed or screwed or otherwise attached or affixed to the Assigned Space, and further agrees to recognize the rights therein of any such third-party lender, vendor, or Equipment Lessor or Equipment Sublessor (or assignee).

  • If such lender, vendor, or equipment Lessor or Equipment Sublessor (or assignees) gives to Port written notice identifying the Trade Equipment prior to its installation on the Assigned Space, Port hereby agrees to recognize the rights therein of any such third-party lender, vendor, or Equipment Lessor or Equipment Sublessor (or assignee).

  • Permittee shall, however, be responsible for the cost of repairing any damage to the Assigned Space or any other improvements at the Airport which are caused by the removal of any such Trade Equipment.

  • It is understood that Permittee shall take such steps as Permittee may consider necessary to protect Permittee’s Trade Equipment from any damage that may be caused to such equipment in the event of any failure or interruption of such utility service.

  • Anything to the contrary contained herein notwithstanding, if the applicable Government grants to Tenant a separate Award on account of Trade Equipment, moving costs, or loss of business, then Tenant shall be entitled to apply for and retain such separate Award, provided that such separate Award does not reduce the Award(s) otherwise payable to Landlord and/or Tenant by such Government with respect to such Condemnation.

  • The term "Personal Property" means all Trade Equipment as well as supplies and inventory, books and records, intangibles, and any and all other items of personal property located at the Premises, except, in all cases, those which are owned by a Third Party Lessor.

  • Landlord subordinates its right of distraint in or to the financed or leased Trade Equipment or to Trade Equipment and agrees that any third-party lender or Equipment Lessor or Sublessor (or their respective assignees) may remove and dispose of the same without reference to, and free and clear of, any or other demand of Landlord, and that such disposal or sale may be made on the Leased Premises.

  • Tenant shall have the right at any time, whether or not Tenant is in default hereunder, to remove or replace any or all Trade Equipment, whether or not financed or leased, regardless of whether attached or affixed to the Leased Premises, and to the extent of their respective interests therein such third-party lender or Equipment Lessor of Sublessor (or their respective assignees) shall also have such a right.

  • Landlord agrees that all such items of financed or leased Trade Equipment installed or to be installed on the Leased Premises shall be and remain personal property and not real property, notwithstanding the fact that the same may be nailed or screwed or otherwise attached or affixed to the Leased Premises or any of Tenant's buildings or improvements, and further agrees to recognize the rights therein of any such Equipment Lessor or Sublessor (or their respective assignees).

  • Lessor agrees that all such items of financed or leased Trade Equipment installed or to be installed on the Premises shall be and remain personal property and not real property, notwithstanding the fact that the same may be nailed or screwed or otherwise attached or affixed to the Premises, and further agrees to recognize the rights therein of any such third-party lender, vendor, or Equipment Lessor or Sublessor (or assignee).


More Definitions of Trade Equipment

Trade Equipment as used both in Article 6 and otherwise in this Lease shall mean Tenant's specific trade fixtures, business equipment and personal property which can be removed without substantial damage to the Premises (including, without limitation, the "Movable Equipment" listed on page 1 of Schedule 1 (Project Budget) attached to the Work Letter Agreement, which "Movable Equipment" shall remain the sole property of Tenant), and shall not include, without limitation and without regard to whether the following can be removed without substantial damage to the Premises, any fill-finish suites, autoclaves and other similar items, which items shall become part of the realty and belong to Landlord upon the expiration of the Term unless Landlord otherwise elects pursuant to Section 6.1, above.
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Related to Trade Equipment

  • 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.

  • Farm equipment means equipment used directly for farming

  • 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.

  • Leased Equipment means the vehicles, computers, servers, machinery and equipment and other similar items leased and used or held for use by Seller or a Subsidiary primarily in the operation or conduct of the Engenio Business but excluding any such items primarily related to Excluded Assets or Excluded Liabilities.

  • 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.