Personal Property definition

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

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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

Annexes: Annex A Defined Terms Schedules: Schedule 1.1(a) Tangible Personal Property Schedule 1.1(b) Assumed Contracts Schedule 1.1(d) Intellectual Property Schedule 1.1(e) Permits, Licenses and Authorizations Schedule 1.1(f) Prepaid Expenses, Deposits, Etc.
The Personal Property has not been used or bought for personal, family, or household purposes, but has been bought and used solely for the purpose of carrying on Borrower’s business.
The Security Interest is and shall be prior to any other Lien on any of the Personal Property Collateral other than any Lien that is expressly permitted by the Credit Agreement, including pursuant to Section 7.01 of the Credit Agreement.
Security Interests in Personal Property 16 Section 3.01 Security Interest 16 Section 3.02 Representations and Warranties 20 Section 3.03 Covenants 22 Article IV.
Borrower will not remove the Personal Property without the prior written consent of Lender, except items of Personal Property which are consumed or worn out in ordinary usage which shall be promptly replaced by Borrower with other Personal Property of value equal to or greater than the value of the replaced Personal Property, if Borrower deems replacement of the same necessary for its ordinary purposes.

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 has the meaning set forth in Section 1.12.

Personal Property means all tangible and intangible personal property used or held for use in connection with the Company’s business, including all equipment, furniture, fixtures, machinery, computers, appliances, telephones, switches, dialers, office furnishings, instruments, leasehold improvements, spare parts, all rights in all warranties of any manufacturer or vendor with respect thereto and rebates received in connection with inventory or any item described in this definition.

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).