Equipment and Assets Sample Clauses

Equipment and Assets. The Park Board acknowledges and agrees that the Association is the owner of personal property other than Fixtures and easily removable equipment that were donated to the Association or purchased 100% by the Association using funds at its disposal or which were directed to the Association, unless the parties have agreed otherwise in writing (“Association Equipment”). The Park Board and the Association will create and maintain an up to date inventory of Association Equipment, and any changes, additions or deletions to the inventory must be agreed to by the Association and the Park Board. Disagreements on the ownership of an item will be resolved using the dispute resolution process set out in Section 18. Other than Association Equipment, equipment leased by the Association, and any equipment or assets of an affiliated group, 3rd party contractor or arms-length leasing party, as of the Effective Date, the parties agree that all property and equipment located in or at the Entire Facility is owned by the Park Board and/or the City.
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Equipment and Assets. G7.1 The Grantee agrees to obtain the Commonwealth's prior written approval to use the Grant to purchase any equipment or asset for more than $5,000 (including GST), apart from those listed in the budget within the Activity Work Plan.
Equipment and Assets. Not Applicable [OR]
Equipment and Assets. G7.1 You agree to obtain our prior written approval to use the Grant to purchase any equipment or asset for more than $5,000 (including GST), apart from those listed in the Budget and/or detailed below:
Equipment and Assets. G7.1 The Recipient must not use the Funds towards the purchase of Assets unless the Asset is identified in the Project Budget or the Recipient has obtained the prior written approval of the Department, which may be subject to any conditions the Department may, in its absolute discretion, impose.
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Equipment and Assets. 21.1 Unless otherwise approved by Us, Assets purchased with the Grant must be purchased for the exclusive purposes of achieving project objectives for the duration of the Project Activity Period.
Equipment and Assets. CB5.1 In this Agreement Asset means any item of property purchased, leased, created or otherwise brought into existence wholly, or in part, with the use of the Grant , excluding Activity Material [and/,] Intellectual Property Rights [and real property]].
Equipment and Assets. [Equipment and Assets purchased by the Grantee for the purpose of the Activity are owned by the Grantee. Where significant equipment and Assets are going to be required to undertake the Activity and/or you require the Grantee to keep records of equipment and Assets purchased with the Grant the following clause(s) can be used. Consider whether a budget would also be appropriate - see Supplementary Term ‘G2. Activity budget’ above. You should indicate “Not Applicable” and delete all other highlighted text if this Supplementary Term is not included.] Not Applicable [OR]
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