Personal Property definition

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

Personal Property means all Intangible Property and all those items of tangible personal property described on Schedule 4.8 having a fair market value equal to or in excess of Five Thousand and 00/100 Dollars ($5,000.00) per item, attached hereto and made a part hereof, other than the Fixtures, now or on the Closing Date owned by the Local Church and located on or about the Land or Improvements or used in connection with the operation thereof.

Personal Property means, collectively, all of the Property other than the Real Property.

Examples of Personal Property in a sentence

• Personal property is defined as all property except real property, such as office furniture, computers, and equipment.

• Personal property is defined as items that can be removed from the Property without (1) injury to the Property or Improvements or (2) diminishing the value or utility of the Property or Improvements.

• Personal property has several measurable marketplaces; therefore, the appraiser must define and analyze the appropriate market consistent with the type and definition of value.

• Personal property and equipment will not be searched except pursuant to law.

• Personal property owned by the claimant that is leased, rented, or used by others (since January 1 of the prior year) Is any portion of the personal property identified under Section 1 used or operated by another party?Yes No If Yes, attach a description of the property, its use, the name of the user, the amount received by you (if any), and a copy of the leaseor agreement.

More Definitions of Personal Property

Personal Property shall have the meaning set forth in the granting clause of the Mortgage.

Personal Property shall have the meaning set forth in Section 3.3(b).

Personal Property shall have the meaning set forth in the granting clause of the Mortgage with respect to the Property.

Personal Property means property of any kind except real property. It may be tangible, having physical exist- ence, or intangible, having no physical existence, such as copyrights, patents, or securities.

Personal Property shall have the meaning set forth in the granting clause of the Security Instrument.

Personal Property has the meaning set forth in Section 2.1(b).

Personal Property means movable property not affixed to land and includes, but is not limited to, goods, merchandise, and household items.