Furniture, Fixtures and Fittings definition

Furniture, Fixtures and Fittings means the furniture, fixtures and fittings described in Appendix 10 which will be provided for by the Seller to the Purchaser at the Property, the cost of which is included in the Purchase Price;
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Furniture, Fixtures and Fittings means movable furniture, fixtures or other equipment that have no permanent connection to the structure of a building or utilities.
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Examples of Furniture, Fixtures and Fittings in a sentence

  • All Buildings, Plant and Machinery, Furniture, Fixtures and Fittings, Stocks and other Contents which, for the purposes of Your Business on any one location, You own, or hold as tenant or occupant, or hold in trust or on commission, or are legally responsible for as part of Your trade, even if You have not taken insurance cover for any of them.

  • Subject to clause 5 below, the Purchaser hereby agrees to purchase the Property, Buildings constructed thereon and Furniture, Fixtures and Fittings in terms of Appendices 5 to 8 and Appendix 10 hereto and the Golf Cart from the Seller on the terms and conditions contained in this Agreement and the Seller hereby agrees to sell the Property and the Buildings constructed thereon and Furniture, Fixtures and Fittings to the Purchaser upon the terms and conditions of this Agreement.

  • Subject to clause 5 below, the Purchaser hereby agrees to purchase the Property, Buildings constructed thereon and Furniture, Fixtures and Fittings in terms of Appendices 10 to 12 and Appendix 13 hereto and the Golf Cart from the Seller on the terms and conditions contained in this Agreement and the Seller hereby agrees to sell the Property and the Buildings constructed thereon and Furniture, Fixtures and Fittings to the Purchaser upon the terms and conditions of this Agreement.

  • Furniture, Fixtures and Fittings, Equipment, Machinery and Tools at the premises.

  • The depreciation rates used for each class of depreciable assets are:Class of Fixed Asset Depreciation RatePlant and equipment 33% – 50% Furniture, Fixtures and Fittings 10%Computer and software 20% The assets' residual values and useful lives are reviewed, and adjusted if appropriate, at each statement of financial position date.

  • GENERAL CONDITIONS APPLICABLE TO SECTION 4B:It is hereby agreed and declared that Reinstatement Value Clause as stated below shall be applicable only to Building, Machinery and Furniture, Fixtures and Fittings.

  • The rates of depreciation in use are as follows: Furniture, Fixtures and Fittings 10%, 4% MacNeice House - Tenant’s Works 20%, 162/3, 141/4 & 10% Theatrical, film, art and music equipment 31/3% Computer equipment 141/4, 20% & 331/3 % The donated heritage asset is not depreciated.

  • The useful lives used for other assets are:Office Improvements 10 Years Furniture, Fixtures and Fittings 10 Years Telephone System 8 YearsOffice Equipment 5 YearsComputer ImplementationHardware 5 YearsComputer Hardware - Other 3 YearsComputer Software 8 Years Scheme Equipmentand Furniture 10-25 Years Timing of depreciation on other fixed assetsThe commencement of depreciation charged to the Income and Expenditure Account in respect of an asset is in the month following the acquisition of that asset.

  • The depreciation rates used for each class of depreciable assets are: Furniture, Fixtures and Fittings 20%Motor Vehicles 22.5%Office Equipment 10% – 67% The assets’ residual values, depreciation methods and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period.

  • Other Contents such as • Furniture, Fixtures and Fittings • Cables, Piping‘s • Spares, Tools and Stores • Household goods etc.

Related to Furniture, Fixtures and Fittings

  • Fixtures and Fittings means all the Landlord’s furniture, furnishings, sanitary xxxx, decorative features, white goods, other equipment or any floor, ceiling or wall coverings and include anything listed in any Inventory and Schedule of Condition supplied.

  • Furniture means articles of which wood, reeds, rattan, cane, seagrass or metal comprise the whole or part and such as are usually made or assembled by cabinet makers, assemblers in the furnishing trades, chair and couch makers, upholsterers, wood carvers, or wood turners; and

  • Fixtures and Equipment means, with respect to any Person, all of the furniture, fixtures, furnishings, machinery and equipment owned or leased by such Person and located in, at or upon the Assets of such Person.

  • Fixtures means those leasehold improvements, additions, alterations and installations constituting all or a part of Bank Premises and which were acquired, added, built, installed or purchased at the expense of the Failed Bank, regardless of the holder of legal title thereto as of Bank Closing.

  • Machinery means any article or combination of articles assembled, arranged or connected and which is used or intended to be used for converting any form of energy to performing work, or which is used or intended to be used, whether incidental thereto or not, for developing, receiving, storing, containing, confining, transforming, transmitting, transferring or controlling any form of energy;

  • Furniture coating means any paint designed for application to room furnishings including, but not limited to, cabinets (kitchen, bath and vanity), tables, chairs, beds, and sofas.

  • Plumbing fixture means a receptacle or device that is permanently or temporarily connected to the water distribution system of the premises and demands a supply of water from the system; or discharges used water, waste materials, or sewage directly or indirectly to the drainage system of the premises.

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Farm equipment means equipment used directly for farming

  • Equipment is all “equipment” as defined in the Code with such additions to such term as may hereafter be made, and includes without limitation all machinery, fixtures, goods, vehicles (including motor vehicles and trailers), and any interest in any of the foregoing.

  • Machinery and equipment means machinery used in manufacturing establishments and computers except point-of-sale equipment as defined in Iowa Code section 427A.1. The term does not include computer software.

  • street furniture ’ means public facilities and structures which are not intended primarily for advertising and includes but is not limited to seating benches, planters, bins, pole mounted bins, bus shelters, sidewalk clocks, drinking fountains, Telkom boxes, traffic signal controllers, electricity boxes, post boxes and telephone booths, but excludes road traffic signs, traffic signals, street lights or any other road-related structures;

  • Trade Fixtures means Lessee’s machinery and equipment that can be removed without doing material damage to the Premises. The term “Alterations” shall mean any modification of the improvements, other than Utility Installations or Trade Fixtures, whether by addition or deletion. “Lessee Owned Alterations and/or Utility Installations” are defined as Alterations and/or Utility Installations made by Lessee that are not yet owned by Lessor pursuant to Paragraph 7.4(a).

  • Farm machinery means all machines and tools that are used in the production, harvesting, and care of farm products, and includes trailers that are used to transport agricultural produce or agricultural production materials between a local place of storage or supply and the farm, agricultural tractors, threshing machinery, hay-baling machinery, corn shellers, hammermills, and machinery used in the production of horticultural, agricultural, and vegetable products.

  • Appliances means and include electrical, mechanical and electronic appliances such as refrigerator, television, DVD player, videocassette recorder/player, washing machine, microwave oven, music system, personal computer, laptops and air-conditioner contained or fixed in the Insured’s home for domestic use.

  • Movable equipment means a hand-held or non-hand-held machine or device, powered or unpowered, that is used to do work and is moved within or between work sites.

  • Plant and Equipment means permanent plant, equipment, machinery, apparatus, articles and things of all kinds to be provided and incorporated in the Facilities by the Contractor under the Contract (including the spare parts to be supplied by the Contractor under GCC Sub-Clause 3.3 hereof), but does not include Contractor’s Equipment.

  • Computer Equipment means Covered Property that is electronic computer or other data processing equipment, including peripherals used in conjunction with such equipment, and electronic media and records.

  • farm building means that part of a bona fide farming operation encompassing barns, silos and other ancillary development to an agricultural use, but excluding a residential use;

  • Furniture and Equipment means the furniture and equipment, other than motor vehicles, leased or owned by the Failed Bank and reflected on the books of the Failed Bank as of Bank Closing and located on or at Bank Premises, including without limitation automated teller machines, carpeting, furniture, office machinery (including personal computers), shelving, office supplies, telephone, surveillance, security systems and artwork. Motor vehicles shall be considered other assets and pass at Book Value. Furniture and equipment located at a storage facility not adjacent to a Bank Premises are excluded from this definition.

  • Port Cargo Handling Equipment means rubber-tired gantry cranes, straddle carriers, shuttle carriers, and terminal tractors, including yard hostlers and yard tractors that operate within ports.

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Installations means all property of any kind paid for by Landlord, all Alterations, all fixtures, and all partitions, hardware, built-in machinery, built-in casework and cabinets and other similar additions, equipment, property and improvements built into the Premises so as to become an integral part of the Premises, including, without limitation, fume hoods which penetrate the roof or plenum area, built-in cold rooms, built-in warm rooms, walk-in cold rooms, walk-in warm rooms, deionized water systems, glass washing equipment, autoclaves, chillers, built-in plumbing, electrical and mechanical equipment and systems, and any power generator and transfer switch.

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.

  • School equipment means a durable school-owned machine, equipment, or tool used by a student as part of an activity, course, or program in a secondary school and includes a saw or 3D printer. “School equipment” includes a saw or 3D printer.

  • Installed means attached or connected such that an item requires tools for removal.