Material Equipment definition
Examples of Material Equipment in a sentence
The Owner may, at Owner's option and at a rental which it considers reasonable, take possession of and utilize in completing the Work such Material, Equipment, and Construction Equipment on the site of the Work and suitable therefor until the Work is complete.
Failure of the Contractor to make payments properly to Subcontractors or to make payments for labor, Material, Equipment, Construction Equipment or equipment rental.
Effective the earlier of 1) the point of groundbreaking at the Site or 2) the date of the first shipment of any Material, Equipment, supplies or other elements of the Work, Buyer shall obtain and thereafter at all times during performance of the Work, maintain Builder’s All-Risk Insurance.
Material/ Equipment received shall be verified by concerned Asst.
Sellers have good and marketable title to all of the Material Equipment.