EQUIPMENT DEFINITION definition

EQUIPMENT DEFINITION. The term “Equipment” as set forth in this Agreement and all related documents hereto shall include all, but not less than all, the equipment provided under this Agreement. EQUIPMENT LOCATION: ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ TERMS: Monthly Rental Amount END OF AGREEMENT OPTIONS: At the conclusion of the initial term, User may (a) return the Equipment in accord with Paragraph 9 of this Agreement, (b) renew this Agreement at a rental amount based upon the then fair market value of the Equipment, or
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EQUIPMENT DEFINITION. Equipment means tangible personal property (including information technology systems) having a useful life of more than one year and a per-unit acquisition cost which equals or exceeds $500. The indirect cost rate has been negotiated in compliance with the Administration for Children and Families Program Instruction (ACF-PI-HS-08-03) dated 5/12/2008, which precludes recipients of Head Start grants to use any Federal funds to pay for any part of the compensation of an individual either as a direct cost or any pro-ration as an indirect cost if that individual's compensation exceeds the rate payable of an Executive Level II. As of January, 2020 (*) the rate of compensation for an Executive Level II is $197,300 per year. TREATMENT OF ADMINISTRATIVE COSTS This organization charges all costs direct to a particular final cost objective; i.e., a particular award, project, service, or other direct activities, with the exception of the costs listed below.
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Examples of EQUIPMENT DEFINITION in a sentence

  • EQUIPMENT DEFINITION: Equipment means an article of nonexpendable, tangible personal property having a useful life of more than one year and an acquisition cost of $5,000 or more per unit.

  • EQUIPMENT DEFINITION: Equipment means tangible personal property (including information technology systems) having a useful life of more than one year and a per-unit acquisition cost which equals or exceeds the lesser of the capitalization level established by the non-Federal entity for financial statement purposes, or $5,000.

  • EQUIPMENT DEFINITION: Equipment means tangible personal property (including information technology systems) having a useful life of more than one year and a per-unit acquisition cost which equals or exceeds $5,000.

  • EQUIPMENT DEFINITION: Equipment means tangible personal property (including information technology systems) having a useful life of more than one year and a per-unit acquisition cost which equals or exceeds the lesser of the capitalization level established by the non-Federal entity for financial statement purposes, or $5,000 FRINGE BENEFITS: FICA, Retirement, Workers' Compensation, Unemployment Insurance, Health Insurance, General Liability Insurance, and Termination Pay (Sick Leave and Annual Leave).