Rental Equipment definition

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:

Rental Equipment means the equipment identified on the Service Agreement and Order Schedule or otherwise notified to you in writing that we will rent to you as part of our provision of the Services and which you will return to us after expiry or termination of the Agreement, subject to the provisions of this Agreement.

Rental Equipment means tangible personal property which is offered for sale or rent (or offered for sale as used equipment) by an Obligor in the ordinary course of its business or used in the business of the Obligors and their Subsidiaries and included in fixed assets in the consolidated accounts of Holdings, including Inventory that Holdings currently describes as “rental equipment” in such consolidated accounts, but excluding any Merchandise and Consumables Inventory.

Examples of Rental Equipment in a sentence

• You shall also pay the rental charges for any Rental Equipment that we supply to you, and we shall invoice you for this on a monthly basis in accordance with paragraph 10.4.

• We may replace the Rental Equipment from time to time either with your prior consent or provided that the replacement Rental Equipment is of a specification that is at least equal to the Rental Equipment originally supplied and such change does not materially disrupt the provision of the Services.

• You will not let, sell, charge, assign, sub-license or allow a third party to use the Rental Equipment nor remove any labels, and shall not prejudice our rights in the Rental Equipment in any way.

• Customer will keep the Rental Equipment free of encumbrances (other than this Agreement or encumbrances created by Shared Studios or Assignee).

• Call 000-000-0000 for a tag number and address for returning the Rental Equipment.

More Definitions of Rental Equipment

Rental Equipment means any IDS tool(s), equipment, machinery or other device(s) leased or rented to Customer and includes any training provided by IDS with respect to the installation, use and/or operation thereof, as specified in an Order(s).

Rental Equipment means all movable medical equipment owned by Borrower or any of its Subsidiaries generally consisting of, but not limited to, critical care equipment, monitoring equipment, newborn care equipment and respiratory therapy equipment.

Rental Equipment means the medical equipment in the Company’s or any of its Subsidiaries’ possession as of the date hereof of the type provided to patients under rental arrangements in the Ordinary Course of Business.

Rental Equipment means the equipment (including any Software) identified in the Order or the applicable Schedule, which is owned and licensed by the Supplier and leased to the Customer under a separate lease agreement for use by the Customer in connection with the Service, other than the Ancillary Equipment and Customer Equipment; Schedule 3 (Services) means a series of sub-schedules (including any annex thereto) describing the relevant Services provided under this Agreement; Schedule 4 (Support Services) means as series of sub-schedules (including any annex thereto) describing the relevant Support Services provided under this Agreement;

Rental Equipment means all Units which are sold or leased, or held for sale or lease, by any Assignor to one or more third persons.

Rental Equipment means any goods and/or equipment to be supplied by the Supplier to CI on a rental basis;

Rental Equipment all revenue earning equipment, excluding all Rental Car Revenue Earning Vehicles, owned by or leased to the Parent Borrower or a Subsidiary of a Parent Borrower that are classified as “revenue earning equipment” in the consolidated financial statements of the Parent Borrower.