Movable and Immovable Assets definition

Movable and Immovable Assets means in the case of each Business where a Business Property is being acquired, the plant and machinery, vehicles and other equipment (including information technology, telephony infrastructure, furniture, fixtures and fittings) owned by any of the Business Sellers or any member of the RBSG Group and used exclusively by any Business Seller for the purposes of that Business or (other than in respect of information technology) situate (or normally situate) at such a Business Property subject to the terms and conditions of the relevant lease in each case at Closing;

Examples of Movable and Immovable Assets in a sentence

  • Rule 3 to 6 of ZP and KP (Movable and Immovable Assets) Rule, 1965 provides for maintenance of Assets Register and its verification by competent authority at least once in three years of all assets vested with ZP.We during audit noticed that in ZP, Mirzapur assets were not verified since 1997.

  • The above mentioned facili- ties are to be repaid in equal instalments over the period of the respective loans.# Movable and Immovable Assets transferred to Cavendish Industries Limited (subsidiary) and Cygnet Industries Limited continue to be hypothecated and mortgaged respectively against the above mentioned loans.

  • See Decree No.13 of 2011 on Confiscating Money and Movable and Immovable Assets, issued on March 14, 2011, amended by Decree No.47 of 2011, issued on May 31, 2011.

  • Movable and Immovable Assets as amended by (12) Law of No. 211 of 2nd March 1998 of the Republic of Kazakhstan.

  • Separate Price Schedules have to be provided for valuation of Land and Buildings and, Other Movable and Immovable Assets.

  • Court is not doubting the ability of the members or Vice-Chairman (non-judges) who may be experts in their regular service.

  • No.13/2022 on the Manner and Procedure of the Sale and Lease of Sequestrated and Confiscated Movable and Immovable Assets, was approved on the 116th meeting of the Government of Kosovo, with the Decision No.05/116 dated 28.12.2022.

Related to Movable and Immovable Assets

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • movable property means property of every description except immovable property;

  • 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.

  • Leaseholds of any Person shall mean all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

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

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

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

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

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

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Mortgaged Real Property means any parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Real Property Assets means as to any Person as of any time, the real property assets (including interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

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

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

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

  • 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.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • 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.

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee, of the premises identified on Schedule 4.19(A) hereto.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

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