Transferred Equipment definition

Transferred Equipment shall have the meaning set forth in Section 2.2(a)(ix).

Transferred Equipment means all equipment, including Equipment Assets, and other tangible personal property primarily related to, or primarily used, held for use or acquired or developed for use in connection with, the Business.

Transferred Equipment means the equipment listed on Schedule 1.01(f).

Examples of Transferred Equipment in a sentence

• The Service Agreement shall state the other terms and conditions applicable to the Transferred Equipment.

• Each of the Transferred Equipment and the Retained Equipment (i) is in good operating condition and repair, ordinary wear and tear excepted, (ii) is usable, suitable and adequate for the purpose(s) for which such Transferred Equipment and the Retained Equipment is currently used, and (iii) has been inspected, operated and maintained by the Divesting Entities in all respects in accordance with industry standards for companies in the United States similarly situated to Seller and its Affiliates.

• The Service Provider shall provide for the haulage or carriage thereof to the University’s Premises and the removal of Service Provider Equipment and Transferred Equipment when no longer required at its sole cost.

• The Seller or the applicable Affiliate of the Seller owns, and has good and valid title to, all of the Transferred Inventory and Transferred Equipment, free and clear of any Encumbrances.

• Upon delivery to the Purchaser on the Closing Date, the Seller will thereby transfer to the Purchaser good and marketable title to the Transferred Equipment and Machinery, subject to no Encumbrance of any nature whatsoever.

More Definitions of Transferred Equipment

Transferred Equipment means all equipment, machinery, tools and other tangible personal property set forth on Schedule 2.1 hereto.

Transferred Equipment has the meaning given in Section 6.1.

Transferred Equipment has the meaning set forth in Section 1.1(d).

Transferred Equipment means any Equipment of the Company or any other member of the Company Group that is primarily used or held for use in the Nevada Business.

Transferred Equipment shall have the meaning ascribed to such term in Section 2.1(c) of this Agreement.

Transferred Equipment means all Equipment primarily related to the Business, including the Equipment set forth in Section 1.01(xi) of the Seller Disclosure Schedule and any Transferred Intellectual Property embodied in or connected to the foregoing.

Transferred Equipment is the Equipment set forth in Schedule H (Equipment and Contracts);