Equipment Costs definition

Equipment Costs means, with respect to each Lease, the total cost of the Equipment listed in the related Equipment Schedule, including related soft costs such as freight, installation and taxes and other capitalizable costs, legal fees, financing costs and other costs necessary to vest full, clear legal title to the Equipment in Lessee, subject to the security interest granted to and retained by Lessor as set forth in each Lease, and other costs incurred in connection with the acquisition, installation and/or financing of the Equipment as provided in the related Lease; provided that (a) any such soft costs on a cumulative basis shall not exceed a percentage approved by Lessor of the total cost of the Equipment subject to such Lease and (b) in no event shall capitalizable delivery costs, installation charges, taxes and similar capitalizable soft costs relating to such Equipment be included without Lessor’s prior consent.
Equipment Costs means the costs set forth in the current FEMA Schedule of Equipment Rate or at the current Cooperator Resource Rate of the Colorado Division of Fire Prevention and Control, whichever rate applies to the event, and if the event does not qualify, it shall be the current Cooperator Resource Rate of the Colorado Division of Fire Prevention and Control.

Examples of Equipment Costs in a sentence

  • Equipment CostsEquipment is defined as nonexpendable tangible personal property having a useful life of more than one year and a cost of$5,000 or more per unit (excluding tax).A line item is required for different types of equipment, but not for each specific piece of equipment (e.g., three copy machines must be one line item, not three).Additional information on Equipment Costs can be found in SRH Part 5.

  • The Grant Subaward Budget Pages (Cal OES Form 2-106a) automatically calculate the subtotal at the end of each budget category and provide the total of the three spreadsheets at the bottom of the Equipment Costs page.

  • Each Equipment Schedule shall represent Equipment Costs of no less than $10,000, unless authorized by special written exception issued by the Contract Officer.

  • Equipment Costs: Itemize all equipment necessary to complete the proposed change(s), hourly costs of rental or operations, and total number of hours required.

  • Bonds and Insurance Markup: Specify an amount, in no event in excess of one percent (1%) of the Labor Costs, Materials Costs and Equipment Costs indicated above, to compensate the Contractor for any additional insurance and bonding costs incurred in connection with the work necessary to complete the proposed change(s).


More Definitions of Equipment Costs

Equipment Costs means the costs described in Section 3.2 hereof.
Equipment Costs the collective reference to Turbine Costs and Other Equipment Costs.
Equipment Costs means the total cost of the Renewable Energy Equipment, including related costs such as freight, installation and taxes and capitalizable costs incurred in connection with the acquisition, installation and/or financing of the Renewable Energy Equipment.
Equipment Costs shall have the meaning set out in Section 3.1.3.2.