Equipment Group definition

Equipment Group shall consist of all Items of Equipment listed on a particular Equipment Schedule.
Equipment Group means collectively, the Items of Equipment subject to the Lien of the Indenture, as described in one or more Indenture Supplements to the Indenture.
Equipment Group means the personal property listed on any Equipment Identification Certificate.

Examples of Equipment Group in a sentence

  • For the Equipment Group, the first quarter is typically the weakest due to winter shutdowns in the construction industry while the fourth quarter has consistently been the strongest quarter due to higher conversions at the Caterpillar dealership of equipment on rent with a purchase option.

  • The Company has two reportable segments: the Equipment Group and CIMCO, each supported by the corporate office.

  • Other Group 19 70150000, 70151700 Commercial / Production Forestry Equipment Group 20 25181700 Flat/Utility Axle Trailers Group 21 25181700 Specialty Trailers The Contract is intended to cover only those Agriculture and Lawn Commodities generally used by the State of Florida as listed and described herein, and does not include all varieties of equipment that are commercially available.

  • The Company, through its Equipment Group, sells and services heavy equipment and related parts.

  • Such notices, demands and other communications will be sent to the address indicated below: To the Company: Global Power Equipment Group Inc.


More Definitions of Equipment Group

Equipment Group means the Equipment listed in a particular Schedule A, Equipment to be Installed by Company. An Equipment Group may not be smaller than an auditable unit nor greater than a Facility. With respect to each Equipment Group this Contract, together with the Agency Certificate of Acceptance, and the fully executed Description of Facilities relating thereto, shall constitute a separate contract relating to such Equipment Group. With respect to any Equipment Group, the payment due from Agency to either the Company, or a Lender under any Financing Agreement, on each Payment date is shown in the Schedule D, Compensation, or Schedule L, Financing Agreement, completed for such Equipment Group.
Equipment Group shall consist of all Items of Equipment listed on a particular Equipment Schedule. (j) "EQUIPMENT LOCATION" shall mean the location of the Equipment, as set forth on an Equipment Schedule, or such other location (approved by Lessor) as Lessee shall from time to time specify in writing. (k) "EQUIPMENT SCHEDULE" shall mean each equipment lease schedule from time to time executed by Lessor and Lessee with respect to an Equipment Group, pursuant to and incorporating by reference all of the terms and conditions of this Master Equipment Lease Agreement. (l) "EVENT OF DEFAULT" shall have the meaning specified in Section 22 hereof. (m) "FAIR MARKET RENTAL VALUE" or "FAIR MARKET SALE VALUE" shall mean the value of each Item of Equipment for lease or sale, unless otherwise specified herein as determined between Lessor and Lessee, or, if Lessor and Lessee are unable to agree, pursuant to the Appraisal Procedure, which would be obtained in an arms-length transaction between an informed and willing lessor or seller (under no compulsion to lease or sell) and an informed and willing lessee or buyer (under no compulsion to lease or purchase). In determining the Fair Market Rental Value or Fair Market Sale Value of the Equipment, (a) such Fair Market Rental Value or Fair Market Sale
Equipment Group shall consist of all Items of Equipment listed on a particular Equipment Schedule. (j) "EQUIPMENT LOCATION" shall mean the location of the Equipment, as set forth on an Equipment Schedule, or such other location (approved by Lessor) as Lessee shall from time to time specify in writing. (k) "EQUIPMENT SCHEDULE" shall mean each equipment lease schedule from time to time executed by Lessor and Lessee with respect to an Equipment Group, pursuant to and incorporating by reference all of the terms and conditions of this Master Equipment Lease Agreement. (l) "EVENT OF DEFAULT" shall have the meaning specified in Section 22 hereof. (m) "FAIR MARKET RENTAL VALUE" or "FAIR MARKET SALE VALUE" shall mean the value of each Item of Equipment for lease or sale, unless otherwise specified herein as determined between Lessor and Lessee, or, if Lessor and Lessee are unable to agree, pursuant to the Appraisal Procedure, which would be obtained in an arms-length transaction between an informed and willing lessor or seller (under no compulsion to lease or sell) and an informed and willing lessee or buyer (under no compulsion to lease or purchase). In determining the Fair Market -------------------------------------------------------------------------------- Page 2 of 11 Rental Value or Fair Market Sale, Value of the Equipment, (a) such Fair Market Rental Value or Fair Market Sale Value shall be calculated on the assumption that the Equipment is in the condition and repair required by Sections 12 and 13 hereof, and (b) there shall be excluded from the calculation thereof the value of any upgrades and attachments made pursuant to Section 14 hereof in which the Lessor does not own an interest; PROVIDED, HOWEVER, that, unless otherwise provided in such Section 22, for purposes of Section 22 of the Lease, Fair Market Sale Value of the Equipment shall be determined based upon the actual facts and circumstances then prevailing without regard to the assumptions in clause (a) above.
Equipment Group means, (a) with respect to each Item of Equipment, the “Group” to which such Item of Equipment belongs as specified in Schedule A to this First Supplemental Indenture, and (b) with respect to any Item of Equipment subjected to the Lien of the Indenture pursuant to Section 5.2 or 5.4 hereof in substitution for an Item of Equipment that shall have suffered a Casualty Occurrence or shall have become worn out or unsuitable for use, the Equipment Group of the Item of Equipment for which substitution shall then be made.
Equipment Group means each of the three groups of Equipment so designated in Schedule 1A or 1B to the Participation Agreement.
Equipment Group means the Equipment listed in a particular Exhibit B.
Equipment Group means Units of Equipment which (i) have an aggregate Equipment Purchase Price of not less than $500,000; (ii) are comprised of the type of Equipment described in items (i) or (ii) of the definition of Qualified Equipment; and (iii) are set forth on Schedule I to an Equipment Lease Supplement.