Movable Property. All movable property owned by the Grantor and covered by the instalment sales mentioned in paragraph 4.5.3 hereof. A right or a claim shall not be excluded from the Charged property merely because: (i) the debtor thereof is not domiciled in the Province of Quebec or (ii) the debtor thereof is an affiliate (as such term is defined in the Canada Business Corporations Act) of the Grantor (regardless of the law of the jurisdiction of its incorporation) or (iii) such right or claim is not related to the ordinary course of business or the operations of the Grantor.
Movable Property. (a) Schedule 2.1.9(a) hereto contains (i) a list, prepared as of a recent date, of all of the movable property which is used in the operation of the Division or the CEV business, as the case may be, other than (x) any such movable property which is obsolete or has been taken out of service and/or is not necessary to such operations and (y) movable property not comprised within the Transferred Assets but to be made available to the Company or CEVCO after the Closing pursuant to the Related Agreements ("Movable Property"), and (ii) a description of all leases or other agreements under which any Movable Property is leased to Seller or the Company or CEVCO as the case may be.
Movable Property. All movable property owned by the Grantor and covered by the instalment sales mentioned in paragraph 4.5.3
Movable Property. The Company shall not indemnify the Insured under Sections 1 to 3 against any loss in respect of movable property in the open, fences and gates, caused by wind, rain, hail, sleet, snow, flood, or dust.
Movable Property. 4.2.1 The Companies of the Matchmind Group hold valid title over all the movable property they use during the ordinary course of their businesses, specifically including: data processing equipment, furniture, motor vehicles, machinery and any other tangible assets. These are free from any mortgages, pledges, charges, liens, attachments, third-party rights or any other similar constraints, except the provisions set forth in Appendix 4.2.1.
Movable Property. Each item of material tangible movable property of the Company is in all material respects in good operating condition and repair, ordinary wear and tear excepted, and suitable for continued use in the Company’s business as presently conducted. All leased movable property of the Company is in all material respects in the condition required of such property by the terms of the applicable lease. The Company is in possession of and has good title to, or has valid leasehold interests in or valid rights under contract to use, all tangible movable property used in or reasonably necessary for the conduct of its business free and clear of all liens other than liens permitted by the Investor in writing.
Movable Property. Legal title to all Movable Property in existence at the Commencement Date shall be retained by MWSS. The Concessionaire is hereby granted the right to operate, maintain in good working order, repair, decommission and refurbish the Movable Property required to provide the water and sewage services under this Agreement; provided, however, that upon expiration of the useful life of any such Movable Property as may be determined by the MWSS, such Movable Property shall be returned to MWSS in its then-current condition at no charge to MWSS or the Concessionaire; Movable property acquired by the Concessionaire during the Concession Period and the cost of acquisition of which was included as a recoverable expenditure shall also be owned by the Concessionaire throughout the Concession Period provided that such Movable Property shall be partially returned to MWSS, even prior to Expiration Date, when the costs for such Movable Property have already been fully recovered by Concessionaire through tariff. For this purpose, the Concessionaire should provide documents to confirm which Movable Property have been recovered. The Concessionaire, with MWSS approval and subject to applicable Commission on Audit Rules on disposal of public property, may dispose such Movable Property if the useful life of such Movable Property has expired as determined above. Any proceeds of disposal shall redound and be remitted to MWSS without need of demand.
Movable Property. Damage to or loss of property is valued at the cost of restoring the property, taking into account its current value. Fair value means the value of the property, taking into account the age and condition of the property at the time of the damage. The value of the property is determined using available valuation tools such as marketplaces and property valuation services. The valuation is based on what it would cost in general trade to buy new if the property existed or what it would probably have cost. From that cost, a deduction is made for age, wear and tear, obsolescence and/or other circumstances.
Movable Property. (a) All Movable Property that is available to use for the benefit of the Business, and is in good operating condition and repair, subject only to ordinary wear and tear, which is not such as to materially affect adversely the operation of any FRS Business or the Business, and all Movable Property is free and clear of any Encumbrances.
Movable Property. (a) All of the machinery, equipment, vehicles, and other items of movable or personal property which are included within the Transferred Assets or owned or leased by Europe or any Acquired Entity are in good condition and repair in all material respects, subject to normal wear and tear, suited for the use intended, and are and have been operated in all material respects in conformity with all applicable insurance requirements, manufacturer's operating manuals, manufacturer's warranties, and applicable Orders and Laws. CK Witco has previously delivered to Yorkshire the Fixed Assets Registers, which together constitute a true, correct and substantially complete list of all movable property owned by Europe or any Acquired Entity or included within the Transferred Assets. To the best of CK Witco's or Holdings' knowledge, there are no defects or conditions which would cause the movable property to be or become inoperable or unsafe.
