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 shall have the meaning set forth in the granting clause of the Mortgage.
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.
Examples of Personal Property in a sentence
All of the items of personal property under the Personal Property Leases are in good condition and repair (ordinary wear and tear excepted) and are suitable for the purposes used, and such property is in all material respects in the condition required of such property by the terms of the lease applicable thereto during the term of the lease.
SPAC does not own or lease any material real property or Personal Property.
More Definitions of Personal Property
Personal Property shall have the meaning assigned thereto in Section 2.1(b)(iii).
Personal Property means, collectively, all of the Property other than the Real Property.
Personal Property means all of the equipment, vehicles, machinery, furniture, chattels and other tangible personal property used in the Business as at the Closing and any and all operating manuals, warranty information or other documentation relating thereto.
Personal Property has the meaning set forth in Section 1.12.
Personal Property means all furniture, trade fixtures, equipment, appliances, supplies, inventory, and any other movable things subject to ownership placed in or on the Premises that are neither permanently attached to nor form a part of the Premises.
Personal Property shall have the meaning set forth in the granting clause of the Security Instrument.
Personal Property has the meaning specified in Section 2.1(d).