Leased Personalty definition

Leased Personalty shall have the meaning set forth in Section 3.4 hereof.
Sample 1
Leased Personalty means all leasehold interests and improvements in personal property of which XXXX is lessor or lessee.
Sample 1
Leased Personalty. Any Building Equipment acquired by Mortgagor pursuant to any conditional sale contract or other title retention agreement or any financing lease; provided that the aggregated value of all leased or financed Building Equipment does not exceed $500,000.
Sample 1

Examples of Leased Personalty in a sentence

  • Each of the Company and its Subsidiaries is in compliance in all material respects with the terms of all leases for Leased Personalty (“ Personalty Leases ”) to which each is a party, respectively, and all such Personalty Leases are valid and enforceable in all material respects in accordance with their terms.

  • Therefore, to the extent any of the Purchased Assets are Leased Personalty, and to the extent Purchaser elects to accept the subject lease under Section 1.2(d) hereof, Purchaser shall receive a credit reflecting the present value of the remaining lease payment liability for each such item of Leased Personalty accepted by Purchaser hereunder.

  • Disease severity is measured in each individual plant as the percentage of foliar surface covered with chocolate spot lesions.

  • The Purchase Price was determined on the assumption that all Equipment is owned by Seller, free and clear of liens and other interests, and that no Leased Personalty exists.

  • I have the right to rescind authorization at any time during the appeal process.

  • The Corporation will have no obligation to place the Leased Premises and Leased Personalty in any better condition.

  • All of each Seller’s deposits and prepaid expenses (including, without limitation, boat show expenses) in connection with the Watercraft Business (the “Deposits”), including, without limitation, the Deposits set forth on Schedule 1.2(m) hereto (including any deposits with respect to the Leased Personalty assumed by Buyer pursuant to Section 2.1) but excluding the assets set forth in Sections 1.3(a) and 1.3(i), as reduced in the ordinary course of business in accordance with past historical practices.

  • Upon such termination for convenience, the Corporation will return such Leased Premises and Leased Personalty affected by such termination to the Department in the condition in which such Leased Premises and Leased Personalty are found on that date.

  • The staff will continue its current practice of reviewing licensees’ requests for transfer or disposal of unimportant quantities of source material under 10 CFR 40.13(a), and, when justified, issue case-specific exemptions based on previous Commission guidance.

  • The Auction Agent Fee will be paid by the Holder of the Class R Certificates pursuant to the Auction Agent Agreement.


More Definitions of Leased Personalty

Leased Personalty has the meaning set forth in Section 2.2(b).
Sample 1

Related to Leased Personalty

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

  • Personalty means all of the following:

  • Tenant’s Personal Property means all motor vehicles, Inventories, FAS and any other tangible personal property of Tenant, if any, acquired by Tenant at its election and with its own funds on and after the date hereof and located at the Leased Property or used in Tenant's business at the Leased Property and all modifications, replacements, alterations and additions to such personal property installed at the expense of Tenant, other than any items included within the definition of Proprietary Information.

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

  • Tenant’s Property means Tenant's movable fixtures and movable partitions, telephone and other equipment, furniture, furnishings, decorations and other items of personal property.

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Personal Property Collateral means all Collateral other than Real Property.

  • Personal Property Taxes All personal property taxes imposed on the furniture, furnishings or other items of personal property located on, and used in connection with, the operation of the Leased Improvements as a hotel (other than Inventory and other personal property owned by the Lessee), together with all replacements, modifications, alterations and additions thereto.

  • Landlord Liens means liens on or against the Leased Property or any payment of Rent (a) which result from any act of, or any claim against, Landlord or any owner (other than Tenant) of a direct or indirect interest in the Leased Property, or which result from any violation by Landlord of any terms of this Agreement or the Purchase Agreement, or (b) which result from liens in favor of any taxing authority by reason of any tax owed by Landlord or any fee owner of a direct or indirect interest in the Leased Property; provided, however, that "Landlord Lien" shall not include any lien resulting from any tax for which Tenant is obligated to pay or indemnify Landlord against until such time as Tenant shall have already paid to or on behalf of Landlord the tax or the required indemnity with respect to the same.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Landlord Party or “Landlord Parties” shall mean Landlord, any affiliate of Landlord, Landlord’s managing agents for the Building, each mortgagee (if any), each ground lessor (if any), and each of their respective direct or indirect partners, officers, shareholders, directors, members, trustees, beneficiaries, servants, employees, principals, contractors, licensees, agents or representatives. For the purposes of this Lease, the term “Tenant Party” or “Tenant Parties” shall mean Tenant, any affiliate of Tenant, any permitted subtenant or any other permitted occupant of the Premises, and each of their respective direct or indirect partners, officers, shareholders, directors, members, trustees, beneficiaries, servants, employees, principals, contractors, licensees, agents, invitees or representatives.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit K with such amendments or modifications as may be approved by Collateral Agent.

  • Assisted cleaning or washing of tangible personal property means cleaning or washing of tangible personal property if the cleaning or washing labor is primarily performed by an individual:

  • Tangible Personal Property means all tangible personal property and interests therein, including machinery, computers and accessories, furniture, office equipment, communications equipment, automobiles, trucks, forklifts and other vehicles owned or leased by the Company and other tangible property.

  • Lessor Liens means Liens on or against the Leased Property or any portion thereof, the Lease or any payment of Rent (i) which result from any act of, or any Claim against, the Lessor unrelated to the exercise of Lessor's rights under the Operative Documents or (ii) which result from any Tax owed by the Lessor, except any Tax for which the Lessee is obligated to indemnify the Lessor.

  • Landlord Parties means Landlord and Property Manager and their respective officers, directors, partners, shareholders, members and employees.

  • 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.

  • Leased Equipment means the equipment which may include but not limited to modem provided by TM on lease basis to enable usage of the Service by the Customer, as may be decided by TM from time to time at its sole discretion.

  • Released Property means any portion of the Project removed, scrapped, traded in, sold, or otherwise disposed of pursuant to Section 4.03 hereof, any portion of the Project stolen, damaged, destroyed, or taken by condemnation or eminent domain proceedings as described in Article VII hereof, and any infrastructure which the Company dedicates to the public use (within the meaning of that phrase as used in Section 12-6-3420(C) of the Code).

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

  • Intangible Personal Property means incorporeal personal property including, but not limited to, deposits in banks, negotiable instruments, mortgages, debts, receivables, shares of stock, bonds, notes, credits, evidences of an interest in property, evidences of debt, and choses in action generally.