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Furnished Property definition

Furnished Property means property, equipment, tools, devices, apparatus, material, etc., owned, leased, rented, or held in bailment by Buyer or the Customer and provided to Seller for Seller’s benefit. Seller does not gain any title or interest in the Furnished Property; however, Seller assumes the Risk of Loss for the Furnished Property while the Furnished Property is in Seller’s possession.
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Furnished Property means either Property (a) furnished to Seller by Buyer and required for performance of the Work under this Order, or (b) required under this Order to be acquired by Seller for performance under this Order on behalf of Buyer. All such Property shall be "as is" and may include, without limitation, tools, equipment, or material of every description, any replacement thereof, and/or any material affixed or attached thereto.
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Furnished Property means property owned, leased, rented, or held in bailment by Buyer, the Government or the Owner and that has been provided to Seller for Seller’s benefit. Furnished Property may include equipment, tools, devices, apparatus or property belonging to Buyer.
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Examples of Furnished Property in a sentence

  • Furnished Property shall be used only for the performance of this Contract.

  • SELLER shall clearly mark (if not so marked) all Furnished Property to show its ownership.

  • Without additional charge, SELLER shall manage, maintain, and preserve Furnished Property in accordance with applicable law, the requirements of this Contract and good commercial practice.

  • Without additional charge, SELLER shall manage, maintain, and preserve Furnished Property in accordance with good commercial practice.


More Definitions of Furnished Property

Furnished Property shall have the meaning ascribed to it in the Paragraph entitled “Furnished Property”.
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Furnished Property shall have the meaning ascribed to it in Section 27.1.
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Related to Furnished Property

  • Covered Property is the address stated on your Agreement Coverage Summary Page. • “Domestic-grade” Items are those that were designated by the manufacturer, manufactured and marketed solely for installation and use in a residential single family dwelling.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Qualified property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

Most Referenced Clauses

Most Referenced Definitions