Project Equipment definition

Project Equipment means the items of machinery, equipment or other personal property used in connection with the construction and development of the Project pursuant to the provisions hereof, and all replacements thereof and substitutions therefor made pursuant to this Agreement.

Project Equipment means all those items of furnishings, furniture, equipment, and other tangible personal property located in the Project Buildings or otherwise on the Land, subject to the provisions of Section 5.07 providing for the removal of Project Equipment.

Project Equipment means all equipment and other tangible personal property related to, used or held for use by Seller for or in connection with the development, construction, operation, maintenance, repair, ownership, or use of the Project, including the Spare Parts and all other equipment and property up to the high voltage dead-end structure in the Project substation, but excluding the Excluded Assets, in each case, whether located at or a deliverable to the Project Site, all of which are listed on Schedule 1.1(g).

Examples of Project Equipment in a sentence

• Any Project Equipment removed from the Project Site shall no longer be entitled to the tax exemption afforded by virtue of the City’s ownership thereof.

• The Company shall have and is hereby given the right, at its sole cost and expense, to make such additions, modifications and improvements in and to any part of the Project Improvements or the Project Equipment as the Company from time to time may deem necessary or desirable for its business purposes.

• The Company shall have, and is hereby granted, the option to purchase all or a portion of the Project Equipment at any time, upon payment in full of a portion of the Bonds then outstanding or provision for their payment having been made pursuant to Article XIII of the Indenture, in the amount described in this subsection.

• Liability insurance shall protect US DOT, ODOT, and the Grantee from claims for damages to property and bodily injury including death, which may arise from or in connection with operation of the Project Equipment by the Grantee or by anyone directly or indirectly associated with the Grantee.

• Collision and theft insurance shall be maintained upon the Project Equipment in an amount no less than the Federal and State participation rate of the fair market value.

More Definitions of Project Equipment

Project Equipment means the property described as "Personal Property" in the Mortgage.

Project Equipment means all personal property, goods, leasehold improvements, machinery, equipment, furnishings, furniture, fixtures, tools and attachments wherever located and whether now owned or hereafter acquired, refinanced in whole or in part with the proceeds of the Bonds, and any additions and accessions thereto, substitutions therefor and replacements thereof, including without limitation the Project Equipment described in appendices to the Agreement, as amended from time to time in accordance herewith.

Project Equipment means the personal property to be purchased, constructed, installed and otherwise improved or located on the Project Site pursuant to Article IV of the Lease and paid for in whole or in part from the proceeds of Bonds, as described in Exhibit B attached hereto, and all additions (and taking into account any subtractions), alterations, modifications and improvements thereof made pursuant to the Lease.

Project Equipment means the machinery, equipment, furnishings, fixtures and other personal property described on Exhibit B and all other machinery, equipment, furnishings, fixtures and other personal property of the Company now or hereafter located on the Project Site and used in the operation of the Project.

Project Equipment means the equipment, machinery and other personal property described on Exhibit B attached hereto, as such Exhibit B is amended and supplemented from time to time in accordance with the terms of the Security Agreement.

Project Equipment means any item of equipment purchased wholly or partly using the Grant;

Project Equipment means the items of machinery, equipment, or other tangible property described in EXHIBIT B hereof located on the Project Site or used in connection within the Project Facilities and purchased with Bond proceeds.