previously owned definition

previously owned means equipment, machinery, real property, or depreciable tangible personal property that the certified business, or a related person, owned during the two years prior to submitting an application for the tax credits. "Related" person includes a brother, sister, parent, grandparent, child, grandchild, niece, nephew, uncle, aunt, spouse, or in-laws; a corporation or any entity that owns more than 50% of the certified business; or any corporation which is a part of a commonly controlled group of corporations (as defined for the purposes of combined reporting).
Sample 1
previously owned means a motor
Sample 1
previously owned means a motor vehicle that is not new, that has a market value of twenty-five thousand dollars ($25,000) or less, that is certified by the dealer selling the motor vehicle and for which the dealer provides at least a one-year extended manufacturer's warranty against defects and repairs; and
Sample 1

Examples of previously owned in a sentence

  • Previously owned, damaged, refurbished, remanufactured, counterfeit, "gray market" or substitute third party items will not be accepted.

  • Previously owned Shares delivered in payment for such additional taxes must have been owned for at least six months prior to the delivery or must not have been acquired directly or indirectly from the Company and may be subject to such other conditions as the Board may require.

  • Previously owned shares of Common Stock delivered in payment for such additional taxes may be subject to conditions as the Administrator may require.

  • Previously owned, damaged, refurbished, remanufactured, counterfeit, “gray market” or substitute third party items will not be accepted.

  • Previously owned shares used as provided in the two immediately preceding sentences must have been owned by Optionee for a minimum of six months prior to the date of exercise of the Option for this method of payment to apply.

  • Previously owned shares of Common Stock delivered in payment for such additional taxes must have been owned for at least six months prior to the delivery or must not have been acquired directly or indirectly from the Company and may be subject to such other conditions as the Administrator may require.

  • Previously owned Shares used to satisfy the exercise price of an Option under clause (v) shall be valued at their Fair Market Value on the date of exercise.

  • Previously owned Shares used to satisfy the exercise price of an Option under clause (iv) shall be valued at their Fair Market Value on the date of exercise.

  • Previously owned intellectual property of Contractor, and any know-how, methodologies or processes used by Contractor to provide the services or project deliverables under this Contract shall remain property of Contractor.

  • Previously owned Shares delivered in payment for such taxes may be subject to such conditions as the Committee may require.


More Definitions of previously owned

previously owned means a motor vehicle that is not new and that has a market value of twenty-five thousand dollars ($25,000) or less; and
Sample 1
previously owned means a motor vehicle that is not new, that has a market value of twenty-five thousand dollars ($25,000) or less, that is certified by the
Sample 1
previously owned means equipment, ma- chinery, real property, or depreciable tangible personal property that the certified business, or a related person, owned during the two years prior to submitting an application for the tax credits. "Related person" includes a brother, sister, par- ent, grandparent, child, grandchild, niece, neph- ew, uncle, aunt, spouse, or in-laws; a corporation or any entity that owns more than 50% of the certified business; or any corporation which is a part of a commonly controlled group of corpora- tions (as defined for the purposes of combined reporting).
Sample 1

Related to previously owned

  • Effectively owned or controlled means that a foreign government or any entity controlled by a foreign government has the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the Offeror's officers or a majority of the Offeror's board of directors by any means, e.g., ownership, contract, or operation of law (or equivalent power for unincorporated organizations).

  • Publicly owned treatment works or “POTW” means any device or system used in the treatment (including recycling and reclamation) of municipal sewage or industrial wastes of a liquid nature which is owned by a “State” or “municipality” (as defined by section 502(4) of the CWA). This definition includes sewers, pipes, or other conveyances only if they convey wastewater to a POTW providing treatment.

  • Owned means having all the customary elements of ownership, including the right of decision-making and sharing all the risks and profits commensurate with the degree of ownership interests as demonstrated by an examination of the substance, rather than the form of ownership arrangements.

  • Subject Entity means any Person, Persons or Group or any Affiliate or associate of any such Person, Persons or Group.

  • Short Derivative Instrument means a Derivative Instrument (i) the value of which generally decreases, and/or the payment or delivery obligations under which generally increase, with positive changes to the Performance References and/or (ii) the value of which generally increases, and/or the payment or delivery obligations under which generally decrease, with negative changes to the Performance References.