Moveable Assets definition

Moveable Assets means the furniture, trade utensils, computer hardware and peripherals, telecommunications equipment and infrastructure, other information technology related to plant and equipment, plant and machinery, vehicles and other equipment and other chattels (whether or not physically located at the Properties) which are owned by a member of the Retained Group and used predominantly in relation to the Group Businesses including those items listed in Part 1 of Schedule 16 but excluding any such items which form part of the Excluded Assets;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Moveable Assets means the tangible personal property located in the Northwest Territories and owned by Canada immediately prior to the Transfer Date and used solely in relation to those NAO functions related to the administration and control of Public Lands and rights in respect of Waters which will no longer be performed by Canada after the Transfer Date, including, but not limited to, chattels, equipment (including laboratory equipment), furniture, motor vehicles and IT Assets and any documents of title in the possession of Canada related to such tangible personal property but, for greater certainty, not including any chattel paper, money or securities, accounts, instruments or other intangible personal property that are not documents of title.

Moveable Assets means the tangible personal property located in Nunavut and owned by the GC immediately prior to the Transfer Date and used solely in relation to those NAO or CNGO functions related to the administration and control of Public Lands and rights in respect of Waters which will no longer be performed by the GC following the Transfer Date, including chattels, equipment (including laboratory equipment and water monitoring stations), furniture, motor vehicles and IT Assets and any documents of title in the possession of the GC related to such tangible personal property but, for greater certainty, not including any chattel paper, money or securities, accounts, instruments or other intangible personal property that are not documents of title.

Examples of Moveable Assets in a sentence

• Upon notification by Transnet to the Concessionaire of the Transferred Moveable Assets, the Transferred Moveable Rail Assets shall be deemed to be transferred in the condition they are in and Transnet shall furnish no warranty in respect of the Transferred Moveable Rail Assets, including any warranty pertaining to the condition or fitness for purpose of any of the Transferred Moveable Rail Assets.

• The Concessionaire shall be obliged to ensure safe custody of all Retained Moveable Assets, on such terms as may be set out in Schedule 11 Part 1 (Register of Moveable Rail Assets - Agreed Form of Retained Moveable Rail Assets Register).

• A further description of the nature and type of what constitutes Moveable Rail assets is contained in Schedule 11 (Register of Moveable Assets).

• The procedure and timetable of actions for the process of the Vendor transferring the Moveable Assets to the Purchaser.

• The details of the Moveable Assets set out in Schedule 16 are true and accurate in all material respects and such moveable assets, along with the moveable assets owned by a Group Company, reflect all of the moveable assets reasonably necessary for the carrying on of the business of the Group as a whole substantially in the manner in, and to the extent to which, it is presently conducted.

More Definitions of Moveable Assets

Moveable Assets means all existing applications and/or systems used in the operations of the Group Companies immediately prior to Closing, including all IT, communications, network management, back office and financial software applications or systems (Inovaware, Coda, etc.) and network management systems;

Moveable Assets means the plant and machinery, vehicles and other equipment owned by the Relevant Elephant Entities and used exclusively or primarily in relation to the Elephant Hive-Down Business at the Relevant Hive-Down Completion Date;

Moveable Assets means the loose plant, machinery, tools and furniture relating to the Offshore Transmission System and/or employed in the Business at the Completion Date including, without limitation, the moveable plant and equipment of which brief particulars are set out in Part B of Schedule 3 (Fixed and Moveable Assets) and as amended pursuant to Clauses 10.30 to 10.32;

Moveable Assets means all the moveable assets of the Borrower;

Moveable Assets means the tangible property owned or used by the Seller in relation to the Businesses as at the Effective Date;

Moveable Assets the furniture, equipment, fixtures and fittings (other than the landlord’s fixtures and fittings) identified in Schedule 8;

Moveable Assets means, in relation to each Business, all tangible property (including plant and machinery, vehicles, testing and other equipment, and spare parts for any such machinery and equipment, and furniture), excluding Business Property and Business Inventory, of the relevant