Equipment Disposition definition

Equipment Disposition means the sale, trade or other disposition, in the ordinary course of business, of worn out or obsolete equipment of the Borrower or any Co-Borrower that is subject to a Lien to secure the Obligations, not exceeding $500,000 of book value in the aggregate in any fiscal year of Borrower.
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Examples of Equipment Disposition in a sentence

  • Article A - Disposition of Equipment Acquired Under the Federal Award When original or replacement equipment acquired in conjunction with this Agreement by the Subrecipient is no longer needed for the original project or program or for other activities currently or previously supported by DHS/FEMA, the Subrecipient must request instructions from DHS/FEMA via AZDOHS by submitting an Equipment Disposition Request Form in order to make proper disposition of the equipment pursuant to 2 C.F.R. 200.313.

  • The Equipment Disposition Request Form can be found at ▇▇▇.▇▇▇▇▇▇.▇▇▇.

  • If the Subrecipient is requesting disposition of Capital Assets for reasons other than theft, destruction, or loss, the Subrecipient must submit an Equipment Disposition Request Form and receive approval prior to the disposition.

  • When original or replacement equipment acquired in conjunction with this Agreement by the Subrecipient is no longer needed for the original project or program or for other activities currently or previously supported by DHS/FEMA, the Subrecipient must request instructions from DHS/FEMA via AZDOHS by submitting an Equipment Disposition Request Form in order to make proper disposition of the equipment pursuant to 2 CFR section 200.313.

  • Article A - Disposition of Equipment Acquired Under the Federal Award When original or replacement equipment acquired in conjunction with this Agreement by the Subrecipient is no longer needed for the original project or program or for other activities currently or previously supported by DHS/FEMA, the Subrecipient must request instructions from DHS/FEMA via AZDOHS by submitting an Equipment Disposition Request Form in order to make proper disposition of the equipment pursuant to 2 CFR section 200.313.

  • The Borrower has requested and the Agent has agreed in the exercise of its Permitted Discretion to increase the Permitted Equipment Disposition Limit, as defined in the Credit Agreement, to 19.0%.

  • If the Subrecipient is requesting disposition of Capital Assets for reasons other than theft, destruction, or loss, the subrecipient must submit an Equipment Disposition Request Form and receive approval prior to the disposition.

  • This wasn’t ideal, but enough to get the auction started.” After two weeks of being posted on DOTmed’s website, ▇▇▇▇▇▇▇▇’▇ linear accelerator only generated Success Story Capital Equipment Disposition a few questions and interested buyers, but no official bids.

  • The consummation of the St. ▇▇▇▇▇▇▇▇ Equipment Disposition shall occur at the Closing; PROVIDED, HOWEVER, that following such sale, ▇▇▇▇ shall lease the Equipment to MCIL for a term of up to 3 years for an annual rental of $1.00.

Related to Equipment Disposition

  • Permitted Asset Disposition means (i) any Asset Disposition permitted by Section 8.5 and (ii) any Excluded Asset Disposition.

  • Final disposition means the burial, interment, cremation, removal from the state, or other disposition of a dead body or fetus.

  • Permitted Asset Dispositions means the following Asset Dispositions:

  • Asset Disposition means any sale, lease, transfer or other disposition (or series of related sales, leases, transfers or dispositions) by the Company or any Restricted Subsidiary, including any disposition by means of a merger, consolidation or similar transaction (each referred to for the purposes of this definition as a “disposition”), of:

  • Major Asset Disposition means the sale or other disposition in one transaction or a series of related transactions of 50% or more of the assets of the Company and its subsidiaries on a consolidated basis; and any specified percentage or portion of the assets of the Company shall be based on fair market value, as determined by a majority of the members of the Incumbent Board;