Movable definition
Examples of Movable in a sentence
Movable furniture, furnishings, trade fixtures and equipment of the Tenant which are in the Leased Premises shall be the property of the Tenant, except as may otherwise be set forth in section 23 of this Agreement.
Movable furniture, equipment and trade fixtures shall remain the property of Tenant.
Movable furniture, furnishings and trade fixtures shall be deemed to exclude without limitation any item the removal of which might cause damage to the Premises or the Building or which would normally be removed from the Premises with the assistance of any tool or machinery other than a dolly.
In order to secure the due, full and timely payment of all Secured Receivables, the Pledgor hereby unconditionally and irrevocably creates a first ranking pledge over the Movable Assets pursuant to the provisions of Section 151a et seq.
In the event of a direct sale of the Movable Assets pursuant to paragraph (a)(i) of Clause 7.3 (Methods of Enforcement of Pledge), the Movable Assets may be sold to any person for a minimum purchase price equal to 70% of the Value of the Movable Assets being sold.