Purchase Price of Equipment definition

Purchase Price of Equipment means the price paid upon the purchase or sale of a particular item of equipment, including the amount of Acquisition Fees and all liens and mortgages on the equipment, but excluding points and prepaid interest.

Examples of Purchase Price of Equipment in a sentence

  • The total consideration of not more than RMB260,000,000.00 (equivalent to approximately HK$302,666,000.00) was agreed among Huaneng Tiancheng, HNEE and Jingmen Lixi after arm’s length negotiations with reference to theTotal Purchase Price of Equipment II, being RMB236,973,924.00 (equivalent to approximately HK$275,861,344.93).

  • GE Capital shall review annually the Special Recourse Line and may adjust, in its sole discretion, the amount available thereunder based on the aggregate Purchase Price of Equipment funded in respect of Special Recourse Contracts in the previous 12-month period.

  • The percent of indebtedness encumbering Program Assets is calculated by dividing the amount of indebtedness by the Purchase Price of Equipment, excluding the Front End Fees.

  • The Purchase Price of Equipment shall be an amount equal to the greater of: (x) 15% of the original Total Cost of the Equipment (as specified on the Equipment Schedule), or (y) the Fair Market Value of the Equipment; together with all taxes and charges upon sale.

  • For example: Purchase Price of Equipment: $1,500.00 Purchase Date: December 1 Closing Date: February 1 Rental Income: $300.00 x 2 mos.

  • The Equipment Purchase Price of Equipment is set forth on Exhibit A hereto.

Related to Purchase Price of Equipment

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • Purchase Price has the meaning set forth in Section 2.2.

  • Purchase Price Credit has the meaning set forth in Section 1.3 of the Agreement.

  • New equipment means equipment for which, by the cut-off date, neither of the following events has occurred:

  • Fixed Equipment means any property affixed in any way to the Licensed Premises existing at the time Notice to Proceed is given, whose removal would damage the Licensed Premises.

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Replacement Equipment means operational equipment or other parts used by Tenant to replace any of the Equipment.

  • Leased Equipment means the equipment which may include but not limited to modem provided by TM on lease basis to enable usage of the Service by the Customer, as may be decided by TM from time to time at its sole discretion.

  • Rental Equipment means tangible personal property sold, rented, leased, or licensed to customers to the extent that the item is actually used by the customer for rental, lease, or license to others; provided that:

  • X-ray equipment means an x-ray system, subsystem, or component thereof. Types of x-ray equipment are as follows:

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Company Equipment means all equipment supplied by the Company to the Contractor, to use in the performance of the Work and which is specified in the Contract as “Company Equipment”.

  • Ancillary equipment means any device including, but not limited to, such devices as piping, fittings, flanges, valves, and pumps, that is used to distribute, meter, or control the flow of hazardous waste from its point of generation to a storage or treatment tank(s), between hazardous waste storage and treatment tanks to a point of disposal onsite, or to a point of shipment for disposal off-site.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Metering Equipment means all metering equipment installed at the metering points designated in the appropriate appendix to an Interconnection Service Agreement. Minimum State of Charge:

  • Farm equipment means equipment used directly for farming

  • Supplier Equipment means the Supplier's hardware, computer and telecoms devices, equipment, plant, materials and such other items supplied and used by the Supplier (but not hired, leased or loaned from the Customer) in the performance of its obligations under this Call Off Contract;

  • Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.

  • 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.

  • Distributor’s Equipment means the Fittings and Metering Equipment owned by the Distributor, the Distributor’s agent, or any other third party with whom the Distributor has contracted with for the use by the Distributor of the party’s Fittings or Metering Equipment that are from time to time installed in, over or on Consumer’s Premises;

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • CONSTRUCTION EQUIPMENT means all appliances and equipment of whatsoever nature for the use in or for the execution, completion operation or maintenance of the work unless intended to form part of permanent work.

  • Building Equipment shall have the meaning set forth in the Security Instrument.

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.

  • Existing Equipment means equipment, machines, devices or installations that are in operation prior to September 23, 1970.