New Machine definition

New Machine means every machine, equipment or plant manufactured not earlier than two years as of the date of the purchase, which has not been previously used (not amortized) and that has been purchased by the beneficiary of the financial support under real market conditions and price defined in accordance with the international accounting standards accepted in the Republic of Macedonia,
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New Machine is Equipment resulting from an upgrade of an Eligible Machine with an Eligible Upgrade. In the case of an upgrade to an Eligible Machine, modifications installed prior to the acceptance of the Technology Upgrade Option will not be treated as an Eligible Upgrade ("Non-Eligible Upgrade").
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New Machine means a machine shipped directly from MBW or authorized MBW dealer to the end user. This warranty commences on the first day the machine is sold, assigned to a rental fleet, or otherwise put to first use.
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Examples of New Machine in a sentence

  • The Base Machine and the Modification taken together shall be referred to as the 'New Machine'.

  • BUYER shall inspect each item of Equipment upon delivery, and BUYER shall be responsible for notifying SELLER of any defect or damage to an item of Equipment or of any claim arising hereunder in accordance with the following schedule: (a) as to a New Machine, within *** days after delivery of the New Machine; (b) as to a Used Machine, within *** days after delivery of the Used Machine; and (c) as to a Feature, within *** days after delivery of the Feature.

  • FAILURE to transmit to BLAW-▇▇▇▇ ▇▇▇ completed and signed "New Machine Delivery Report" within 15 days of placing the EQUIPMENT in service will void this warranty on the EQUIPMENT.

  • During the continuance of this Agreement, W&G shall not sell or otherwise represent products of other manufacturers in the Territory that are in competition with the "New Machine Business" that is being acquired by Barudan America from W&G by separate agreement (the "Asset Purchase Agreement") of which this Agreement is a part.

  • Notwithstanding anything herein to the contrary, under no circumstances will ASV sell, or license others to sell, undercarriages for a New Machine, or any other undercarriage, made using or incorporating any Cat Specifications or any other intellectual property obtained from Caterpillar.