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

  • Other than the Personal Property set out on Schedule 4.8, the Local Church nor its Subsidiaries own, lease, or have any other interest in any other Personal Property.

  • Annual Conference shall fully cooperate with Local Church, as needed and applicable, to ensure that such transfers and other transactions convey all of Annual Conference’s interest – both for itself and on behalf of The United Methodist Church – in the Real Property and Personal Property, both tangible and intangible, of Local Church.

  • Buyer has been in exclusive possession of the Personal Property and waives all rights to inspect and/or reject the Personal Property or any part thereof.

  • The sole risk of loss arising from the Personal Property, regardless of the cause, shall pass to Buyer upon execution hereof.

  • Seller hereby excludes, and Buyer waives, all express or implied warranties with respect to the Personal Property, and further: THERE ARE NO WARRANTIES THAT EXTEND BEYOND THE DESCRIPTION ON THE FACE OF THIS BILL OF SALE.


More Definitions of Personal Property

Personal Property shall have the meaning assigned thereto in Section 2.1(b)(iii).
Personal Property means all of Seller’s right, title and interest in and to all equipment, appliances, tools, supplies, machinery, artwork, furnishings and other tangible personal property attached to, appurtenant to, located in and used exclusively in connection with the ownership or operation of the Improvements and situated at the Real Property at the time of Closing, but specifically excluding all personal property leased by Seller or owned by tenants or others.
Personal Property means all of Seller’s right, title and interest in and to all equipment, appliances, tools, supplies, machinery, artwork, furnishings and other tangible personal property attached to, appurtenant to, located in and used exclusively in connection with the ownership or operation of the Improvements and situated at the Real Property at the time of Closing, but specifically excluding all personal property leased by Seller or owned by tenants or others.
Personal Property has the meaning set forth in Section 3.11(a).
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).
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.