FF & E definition
Examples of FF & E in a sentence
The Seller shall pay (1) for all documentary transfer taxes, (2) the premium attributable to the standard coverage portion of the "Owner's Policy" (defined below), (3) the sales taxes arising in connection with the sale of the Personal Property, Consumables, and FF & E by Seller to Purchaser, and (4) one-half of escrow fees and costs.
The Seller shall pay (1) for all documentary transfer taxes, (2) the premium attributable to the standard coverage portion of the "Owner's Policies" (defined below), (3) the sales taxes arising in connection with the sale of the Personal Property, Consumables, and FF & E by Seller to Purchaser, and (4) one-half of escrow fees and costs.
Not later than the date of full execution of this Sublease,, Subtenant will advise Sublandlord in writing which items of FF & E Subtenant would like removed from the Sublease Premises; Sublandlord will remove those items on or before the later of (i) the Sublease Commencement Date; or (ii) ten (10) business days of receipt of Subtenant’s request for removal of FF&E.
The Bank shall allow Borrower to transfer such amounts required by Borrower from time to time to B▇▇▇▇▇▇▇’s operating account, provided that the Borrower provides reasonable evidence to Bank for FF & E improvement costs to the Hotel, if requested by Bank in writing.
Landlord shall work with its general contractor and Tenant to provide Tenant a complete descriptive list of FF & E Inventory prior to Open Date and such list shall be incorporated herein as Exhibit E.
Landlord shall provide all furniture, fixtures and equipment (“FF&E”) for the Hotel, and all FF & E shall be installed prior to Open Date.
Seller's representatives may be present at the FF & E Audit at Seller's expense.
Upon receipt of such written notice from ▇▇▇▇▇▇, ▇▇▇▇▇▇ shall execute all necessary and appropriate documents to vest title to the PSCC Building and FF & E in Lessor free and clear of any and all liens, encumbrances and security interest.
In the event the parties are unable to agree on such adjustment to the Initial Purchase Price and/or the Adjusted FF & E on or before the close of business on May 14, 1997, Buyer may upon notice to the Seller immediately terminate this Agreement.
In addition to the Purchase Price, Seller shall receive at Closing Seller’s Partnership Interest in Net Cash Flow, the FF & E Reserve and working capital, all determined as of Closing (the Purchase Price and Seller’s share of the Net Cash Flow, the FF&E Reserve and working capital is herein referred to as the “Closing Payment”).