DISPOSITION OF EQUIPMENT Sample Clauses

DISPOSITION OF EQUIPMENT. The Grantee shall provide to the State, not less than 30 calendar days prior to submission of the final invoice, an itemized inventory of equipment purchased with funds provided by the State. The inventory shall include all items with a current estimated fair market value of more than $5,000.00 per item. Within 60 calendar days of receipt of such inventory the State shall provide the Grantee with a list of the items on the inventory that the State will take title to. All other items shall become the property of the Grantee. The State shall arrange for delivery from the Grantee of items that it takes title to. Cost of transportation, if any, shall be borne by the State.
DISPOSITION OF EQUIPMENT. In the event Lessor repossesses Equipment, Lessor may (a) lease the Equipment, or any portion thereof, in such a manner, for such time and upon such term(s) as Lessor may determine or (b) sell the Equipment, or any portion thereof, at one or more public or private sales, in such manner, and at such times and upon such terms as Lessor may determine. In the event that Lessor leases any such Units, any rentals received by Lessor for the Remaining Lease Term(s) (the period ending on the date when the Original Term for the Unit(s) would have expired if an Event of Default had not occurred) for such Units shall be applied to the payment of (i) all costs and expenses (including attorneys' fees) incurred by Lessor in retaking possession of, and removing, storing, repairing, refurbishing and leasing such Units, and (ii) the rentals for the remainder of the Original Term and all other sums, including past due rentals, remaining unpaid under the Lease. The balance of such rentals, if any, shall be applied first to reimburse Lessee for any sums previously paid by Lessee as liquidated damages, and any remaining amounts shall be retained by Lessor. All rentals received by Lessor for the period commencing after the expiration of the Remaining Lease Term(s) shall be retained by Lessor. Lessee shall remain liable to Lessor to the extent that the aggregate amount of the sums referred to in clauses (i) and (ii) above shall exceed the aggregate rentals received by Lessor under such leases for the respective Remaining Lease Term(s) applicable to the Units covered by such leases. In the event that Lessor shall sell or otherwise dispose of (other than pursuant to a lease) any such Unit, the proceeds thereof shall be applied to the payment of (i) all costs and expenses (including reasonable attorneys' fees) incurred by Lessor in retaking possession of, and removing, storing, repairing, refurbishing and selling or otherwise disposing of such Unit(s), (ii) the rentals that either did or would have accrued under the Lease but are unpaid up to the time of such sale or other disposition, (iii) any and all other sums (other than rentals) then owing to Lessor by Lessee under, and (iv) the Stipulated Loss Value of such Unit(s) determined as of the date of such sales or other disposition in accordance with the schedule set forth in the Lease for such Unit(s). The balance of such proceeds, if any, shall be applied first to reimburse Lessee for any sums previously paid by Lessee as liquidat...
DISPOSITION OF EQUIPMENT. In the event, upon the occurrence of an Event of Default, Lessor repossesses any of the Equipment, Lessor may sell or lease any or all of such Equipment, at one or more public or private sales. The proceeds of (i) any rental of the Equipment for the balance of the Original Term (discounted to present value at the rate of five percent (5%) per annum) and (ii) any sale of the Equipment shall be applied to the payment of (A) all costs and expenses (including, without limitation, reasonable attorneys' fees) incurred by Lessor in retaking possession of, and removing, storing, repairing, refurbishing and selling or leasing such Equipment and (B) the obligations of Lessee to Lessor pursuant to this Agreement. Lessee shall remain liable to Lessor for any deficiency. -------------------------------------------------------------------------------- V. MISCELLANEOUS --------------------------------------------------------------------------------
DISPOSITION OF EQUIPMENT. Describe plans to decontaminate the Premises, including bench tops, hoods, sinks, shelves, walls, floors, etc., utilizing cleaning agents that are appropriate with use history at the Premises in order to remove contamination and/or staining. Provide specific information regarding the type of decontaminating Agent(s) to be used on the Premises (except for Equipment, which is to be described above), anticipated location(s) of use, and proposed contact time for decontaminating Agent(s). The discussion should address the following areas, as appropriate:
DISPOSITION OF EQUIPMENT. Describe Equipment to be removed from the Premises, and Equipment to remain at the Premises. Equipment to remain at the Premises which is not the property of ARE, shall be pursuant to an express agreement with ARE.
DISPOSITION OF EQUIPMENT. On Owner's behalf, sell or otherwise dispose of any item of equipment which is part of or used in the operating or maintaining the System if the current price of new equipment similar thereto is in excess of $5,000.
DISPOSITION OF EQUIPMENT. Equipment purchased in part or wholly with federal funds shall be used by the Grantee in the Project for which it was acquired as long as needed, whether or not the Project or program continues to be supported by federal funds. When no longer needed for the original program or Project, the equipment may be used in other activities currently or previously supported by a Federal agency. The Grantee will not use the equipment to provide services for a fee on the on the grant-funded Project. The Grantee shall be responsible for the operation and maintenance of equipment acquired with this grant. The Grantee must keep record which will include a description, serial number, source and title, cost and percentage of federal participation in cost use and condition, and sale price and date of disposal. Disposition of equipment with a current per-unit fair market value of less than $ 5,000 may be retained, sold or otherwise disposed of with no further obligation.
DISPOSITION OF EQUIPMENT. Should Phoenix determine that it no longer needs said Equipment or wants to discontinue use of said Equipment, Phoenix shall follow the mandates set forth in Exhibit B and request in writing disposition instruction from the Arizona Department of Homeland Security before actual disposition of the property. Any theft, destruction or loss of the Equipment shall also be reported directly to the Arizona Department of Homeland Security pursuant to the terms of Exhibit B.