Property and Equipment shall have the meaning assigned thereto in SECTION 2.1(b)(ix).

Property and Equipment means the book value of all property and equipment of Hyatt and its Subsidiaries, without giving effect to depreciation and amortization, determined on a consolidated basis in accordance with GAAP, and as set forth in the most recent financial statements of Hyatt available to the Lenders, giving pro forma effect to acquisitions and dispositions of property and equipment effected since the date of such financial statements.

Property and Equipment has the meaning specified in Section 2.1.4.

Examples of Property and Equipment in a sentence

Property and Equipment Property and equipment are recorded at cost.
Property and Equipment Property and equipment are stated at cost.
School Property and Equipment as well as Personal Effects Left There by StudentsSchool authorities may inspect and search school property and equipment owned or controlled by the school (such as, lockers, desks, and parking lots), as well as personal effects left there by a student, without notice to or the consent of the student.
Property and Equipment Property and equipment are stated at cost less accumulated depreciation.
Per 2 CFR 910.360 (Real Property and Equipment) when a piece of equipment is purchased by a for-profit recipient or subrecipient with federal funds, and when the federal share of the financial assistance agreement is more than $1,000,000, the recipient or subrecipient must: Properly record, and consent to the Department's ability to properly record if the recipient fails to do so, UCC financing statement(s) for all equipment in excess of$5,000 purchased with project funds.

More Definitions of Property and Equipment

Property and Equipment the dollar amount shown as "Property, Equipment and Leasehold Improvements" on the balance sheet of the Borrower as of the relevant Applicable Financial Test Date.

Property and Equipment means the property described in Paragraph B of a Supplement and which is the subject of a Lease Agreement.

Property and Equipment less "accumulated depreciation" of MACtel, and (iii) "Total Fixed Assets" of ATU-LD, in the case of (ii) and (iii) as such terms are used in the Interim Financial Statements, included in the Assets transferred pursuant hereto, computed in accordance with generally accepted accounting principles applied on a consistent basis with the Interim Financial Statements. At the Closing, the Seller shall provide to the Buyer a good faith estimate of the Cash and Net Plant Adjustment, certified by the Chief Financial Officer of the Seller, and the payment on the Closing Date described in Section 2.2(b) shall be based on such good faith estimate. Within 5 days after the Report (as defined in Section 2.6) becomes final and binding, the Seller shall pay to the Buyer or the Buyer shall pay to the Seller without interest, the amount of any differences between the estimated Cash and Net Plant Adjustment and the Cash and Net Plant Adjustment as determined from the Report. Such payment shall be by wire transfer of immediately available funds to a bank account designated in writing by the recipient of such payment.

Property and Equipment means the book value of all property and equipment of the Borrower and its Subsidiaries, without giving effect to depreciation and amortization, determined on a consolidated basis in accordance with GAAP, and as set forth in the most recent financial statements of the Borrower available to the Lenders, giving pro forma effect to acquisitions and dispositions of property and equipment effected since the date of such financial statements.

Property and Equipment has the meaning specified in Section 2.01 of this Agreement.

Property and Equipment consists of all of the following items: