Purchased Tangible Personal Property definition

Purchased Tangible Personal Property means, collectively, the Power Block Tangible Personal Property and the Common Facilities Tangible Personal Property.
Sample 1

Examples of Purchased Tangible Personal Property in a sentence

  • Each item of Purchased Tangible Personal Property is (except for ordinary wear and tear) (i) in good repair, (ii) in good operating condition, (iii) suitable for immediate use in the Ordinary Course of Business and (iv) to Seller’s Knowledge, free from latent and patent defects.

  • Such Purchased Tangible Personal Property is in working condition and regularly maintained, subject to normal wear and tear.

  • The Company had a net loss of $63,823 (2019 – $48,375), a working capital of $346,070 (February 29, 2020 - $44,754 deficiency) and has accumulated a deficit of $2,444,791 (February 29, 2020 –$2,380,968) since inception.

  • All items of Purchased Tangible Personal Property have been maintained in accordance with normal industry practice and are in the possession of Seller.

  • In all material respects, and except as set forth on Schedule 3.6 hereto, the Purchased Tangible Personal Property has been maintained in accordance with standard industry practices, is in reasonable working condition TCAS Asset Purchase Agreement (normal wear and tear excepted) and is sufficient for the conduct of the Business as it is currently being conducted.

  • Any cash payments pursuant to Section 2.03(a)(x) shall be allocated to the applicable Purchased Tangible Personal Property.

  • The FF impulse responses are overall closest to those obtained from the unrestricted model.

  • All items of Purchased Tangible Personal Property (a) are in good operating condition and in a state of good maintenance and repair, ordinary wear and tear excepted, (b) are suitable for the purposes used, (c) were acquired and are usable in the connection with performing services under the Assigned Contracts, and (d) conform in all material respects to all Laws applicable thereto.

  • Schedule 4.9 sets forth a true and complete list of each item of Purchased Tangible Personal Property with an estimated value in excess of $25,000.

Related to Purchased Tangible Personal Property

  • Tangible Personal Property means all tangible personal property and interests therein, including machinery, computers and accessories, furniture, office equipment, communications equipment, automobiles, trucks, forklifts and other vehicles owned or leased by the Company and other tangible property.

  • Intangible Personal Property means incorporeal personal property including, but not limited to, deposits in banks, negotiable instruments, mortgages, debts, receivables, shares of stock, bonds, notes, credits, evidences of an interest in property, evidences of debt, and choses in action generally.

  • Eligible personal property means property that meets all of the following conditions:

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

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Assisted cleaning or washing of tangible personal property means cleaning or washing of tangible personal property if the cleaning or washing labor is primarily performed by an individual:

  • Intangible Property shall have the meaning given to such term in Section 2.1(c) hereof.

  • Tangible Property means any furniture, fixtures, leasehold improvements, vehicles, office equipment, computer equipment, other equipment, machinery, tools, forms, supplies or other tangible personal property of any nature.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Leased Intangible Property means all Intangible Property (as defined in the Purchase and Sale Agreement) acquired by Landlord with respect to the Leased Property pursuant to the Purchase Agreement.

  • Tenant’s Personal Property means all motor vehicles, Inventories, FAS and any other tangible personal property of Tenant, if any, acquired by Tenant at its election and with its own funds on and after the date hereof and located at the Leased Property or used in Tenant's business at the Leased Property and all modifications, replacements, alterations and additions to such personal property installed at the expense of Tenant, other than any items included within the definition of Proprietary Information.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Fixtures and Equipment means, with respect to any Person, all of the furniture, fixtures, furnishings, machinery and equipment owned or leased by such Person and located in, at or upon the Assets of such Person.

  • Purchased Intellectual Property has the meaning set forth in Section 1.2(g).

  • Personal Property Collateral means all Collateral other than Real Property.

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

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • Seller Intellectual Property means the Seller Owned Intellectual Property and the Seller Licensed Intellectual Property.

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Transferred Intellectual Property has the meaning set forth in Section 2.1(k).

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Acquired Assets has the meaning set forth in Section 2.1.