Movable Property Sample Clauses
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. 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. 4.3.1 The Movable Property under this Agreement shall cover the Initial Movable Property and the New Movable Property.
4.3.2 The Initial Movable Property shall refer to the state-owned Movable Property placed at the Initial Real Estate. The Initial Movable Property shall be transferred by title transfer to the Private Partner together with the relevant Initial Real Estate during the Closing in accordance with the provisions of Section 7 of this Agreement.
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.
4.2.2 Apart from normal wear and tear arising from the use of such assets, all the machinery and equipment employed by the Companies of the Matchmind Group is in a good state of repair and maintenance and in satisfactory working condition. Such machinery and equipment may be properly used for the purpose for which it was designed and for which it has been used by the Companies of the Matchmind Group.
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.
(b) Except as set forth on Schedule 2.1.9(b) hereto or as contemplated by the Related Agreements, (i) all Movable Property which is used in the operation of the Division or the CEV business, as the case may be, will be included in the Transferred Assets or the CEV Transferred Assets, (ii) such Movable Property is in good operating condition and state of repair, ordinary wear and tear and routine and periodic maintenance and repair excepted, and (iii) such Movable Property has been regularly maintained and repaired in accordance with Seller's historical standards and practices.
(c) Schedule 2.1.9(c) hereto sets forth (i) the capital expenditure and material maintenance schedules of the Division 42 -19- as of the date hereof and (ii) the status and actual expenditures with respect to such items, as of the date hereof.
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. 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 maybe determined by the Concessionaire, such Movable Material shall be returned to MWSS in its then-current condition at no charge to MWSS or the Concessionaire.
Movable Property. All movable property owned by the Grantor and covered by the instalment or conditional sales agreements mentioned in paragraph 4.6.3 hereof.