Art Inventory definition
Examples of Art Inventory in a sentence
All of the Art Inventory owned by the Borrowers and reflected in the most recent Borrowing Base Certificate delivered by each Borrower to Agent shall be “Eligible Art Inventory” for purposes of this Agreement, except any Art Inventory to which any of the exclusionary criteria set forth below applies.
Agent shall have the right to establish, modify or eliminate Reserves against Eligible Art Inventory from time to time in its sole reasonable credit judgment.
Civic Art Program staff is responsible for documenting and archiving information about historic County artworks and new Civic Art projects in the County’s Civic Art Inventory (the County’s Collection).
All of the Art Inventory owned by the Borrowers and reflected in the most recent Borrowing Base Certificate delivered by each Borrower to the Administrative Agent shall be “Eligible Art Inventory” for purposes of this Agreement, except any Art Inventory to which any of the exclusionary criteria set forth below applies.
Staff will oversee the Public Art Inventory which will list all Public Art works as well as: • Title of artwork • Artist(s) name and biography • Agreements (e.g. artist, partner, building owner) • Location of artwork • Maintenance plan • Conservation activities and condition reports • Photograph of the artwork • Other applicable documents The Town of Midland will be responsible for the care and maintenance of Public Art and will budget accordingly.
Art acquired through the Public Art Policy will become part of the Town’s Public Art Inventory.
The Administrative Agent shall have the right to establish, modify or eliminate Reserves against Eligible Art Inventory from time to time in its sole reasonable credit judgment.
Please submit an Art Inventory of items and value prior to installation.
Deaccessioning will include permanently removing a piece of art from the Public Art Inventory and could include the relocation, removal, or disposal of an artwork provided that these actions are not in conflict with the terms under which the Town acquired the work.