PRICE FOR EQUIPMENT Sample Clauses

PRICE FOR EQUIPMENT. The aggregate purchase price for Seller's Equipment shall be determined by a mutually agreed upon appraiser whose cost shall be equally shared by the parties. This purchase price for the Equipment shall be paid at the Closing.
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PRICE FOR EQUIPMENT. The aggregate purchase price for all items of Seller's Equipment (including leasehold improvements) which are being purchased hereunder shall be Four Hundred Thousand and 00/100 Dollars ($400,000.00). Seller agrees that Buyer shall have the right to allocate the aggregate purchase price for the Equipment among the various items of Equipment in whatever manner Buyer, in the exercise of its discretion, believes will best reflect the relative fair market values of those items.
PRICE FOR EQUIPMENT engineering, installation and testing to be quoted by Seller, together with a mutually agreed Installation and Turnover schedule;
PRICE FOR EQUIPMENT. The aggregate purchase price for all items of Seller's Equipment which are being purchased hereunder shall be equal to the sum of: (i) $185,000.00, plus (ii) that certain amount (up to a maximum of $50,000.00) expended by Seller subsequent to the date of this Agreement and prior to Closing to acquire and install smog testing equipment required by the California Department of Motor Vehicles. Seller agrees that Buyer shall have the right to allocate the aggregate purchase price for the Equipment among the various items of Equipment in whatever manner Buyer, in the exercise of its discretion, believes will best reflect the relative fair market values of those items.
PRICE FOR EQUIPMENT. The aggregate purchase price for Seller's Equipment shall be equal to the sum of: (i) Two Hundred Thirty-Three Thousand Five Hundred Fifty and 00/100 Dollars ($233,550), plus (ii) cost of new tools and displays required by either of the Franchisors and purchased by Buyer subsequent to August 1, 1996. In addition, Buyer will negotiate in good faith and pay to Seller a reasonable price for the office trailer located on the used car lot and the storage trailer located at the new car sales location. Buyer shall have the right to reasonably allocate the purchase price among the items of Equipment in whatever manner Buyer believes will best reflect the relative fair market values of those items. Seller hereby assigns to Buyer, subject to the Closing of this Agreement, Seller's agreement for the purchase and installation of new exterior awnings at the dealer premises. Buyer shall assume and pay the balance of the purchase price in connection with such contract and shall reimburse Seller at Closing its deposit in the amount of $9,411.00 previously paid under said contract.
PRICE FOR EQUIPMENT. The aggregate purchase price for all items of Seller's Equipment (including leasehold improvements) which are being purchased hereunder shall be Two Hundred Thousand and 00/100 Dollars ($200,000.00). Notwithstanding the preceding sentence, if one or more items of Equipment listed on Sellers financial statements as of April 30, 1997 are not delivered to Buyer at Closing, then the aggregate purchase price for the Equipment shall be reduced by the fair market value of those missing items. Seller agrees that Buyer shall have the right to allocate the aggregate purchase price for the Equipment among the various items of Equipment in whatever manner Buyer, in the exercise of its discretion, believes will best reflect the relative fair market values of those items.
PRICE FOR EQUIPMENT. The Equipment shall be purchased by Buyer at current fair market value. The current fair market shall be determined by an appraisal; the appraiser shall be mutually agreed upon between Buyer and Seller within ten (10) working days from the opening of escrow; the decision of the appraiser shall be binding upon Buyer and Seller. The appraisal shall be determined prior to the Closing on a date mutually agreeable to the parties. Buyer and Seller shall each be responsible for 50% of the fees charged by the appraiser. Seller agrees that Buyer shall have the right to allocate the aggregate purchase price for the Equipment among the various items of Equipment in whatever manner Buyer, in the exercise of its reasonable discretion, believes will best reflect the relative fair market values of those items.
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PRICE FOR EQUIPMENT. The aggregate purchase price for all items of Seller's Equipment (including leasehold improvements) which are being purchased hereunder shall be One Million Nine Hundred Thirty Three Thousand Fifty and 00/100 Dollars ($l,933,050.00), of which $795,800.00 shall be allocated to the Purchase of Seller's leasehold improvements to the Business Real Property, and $1,137,250.00 shall be allocated to the purchase of all items of Equipment other than leasehold improvements to the Business Real Property. Notwithstanding the preceding sentence, if one or more items of Equipment listed on the "Personal Property Appraisal of Sun Valley Ford as of March 4, 1997" which was prepared by Xxxxxxxx & Xxxxxxx incorporated (File Reference 14-5170) are not delivered to Buyer at Closing or any equipment is added, then the aggregate purchase price for the Equipment shall be reduced or increased by the value for those missing or added items as shown an the Xxxxxxxx & Xxxxxxx appraisal.

Related to PRICE FOR EQUIPMENT

  • Machinery and Equipment Except for items disposed of in the ordinary course of business, all machinery, tools, furniture, fixtures, equipment, vehicles, leasehold improvements and all other tangible personal property (hereinafter “Fixed Assets”) of the Company currently being used in the conduct of its business, or included in determining the net book value of the Company on the Balance Sheet Date, together with any machinery or equipment that is leased or operated by the Company, are in fully serviceable working condition and repair. Said Fixed Assets shall be maintained in such condition from the date hereof through the Closing Date. Except as described on Schedule 4.14 hereto, all Fixed Assets owned, used or held by the Company are situated at its business premises and are currently used in its business. Schedule 4.14 describes all Fixed Assets owned by or an interest in which is claimed by any other person (whether a customer, supplier or other person) for which the Company is responsible (copies of all agreements relating thereto being attached to said Schedule 4.14), and all such property is in the Company’s actual possession and is in such condition that upon the return of such property in its present condition to its owner, the Company will not be liable in any amount to such owner. There are no outstanding requirements or recommendations by any insurance company that has issued a policy covering either (i) such Fixed Assets or (ii) any liabilities of the Company relating to operation of the Business, or by any board of fire underwriters or other body exercising similar functions, requiring or recommending any repairs or work to be done on any Fixed Assets or any changes in the operations of the Business, any equipment or machinery used therein, or any procedures relating to such operations, equipment or machinery. All Fixed Assets of the Company are set forth on Schedule 4.14 hereto.

  • Supplies and Equipment Property Manager may purchase, provide and pay for out of the Operating Account (so long as contemplated by the Budget or deemed to be a Permitted Expenditure) all needed janitorial and maintenance supplies, tools and equipment, restroom and toilet supplies, light bulbs, paints and similar supplies necessary for the management, operation and maintenance of the Property (collectively, the “Supplies and Equipment”). Such Supplies and Equipment shall be the property of Company, shall be delivered to and stored at the Property and shall be used only in connection with the management, operation, and maintenance of the Property. Property Manager shall use commercially reasonable efforts to purchase all goods, supplies or services at the lowest cost reasonably available from reputable sources in the metropolitan area where the Property is located.

  • Equipment, Etc Each Grantor shall, (i) within ten (10) days after a written request by the Administrative Agent, in the case of Equipment now owned, and (ii) following a request by the Administrative Agent pursuant to subclause (i) above, within ten (10) days after acquiring any other Equipment, deliver to the Administrative Agent, any and all certificates of title, and applications therefor, if any, of such Equipment and shall cause the Administrative Agent to be named as lienholder on any such certificate of title and applications. No Grantor shall permit any such items to become a fixture to real estate or an accession to other personal property unless such real estate or personal property is the subject of a fixture filing (as defined in the UCC) creating a first priority perfected Lien in favor of the Administrative Agent.

  • Inventories The Operator shall maintain detailed records of Controllable Material.

  • Spares Boeing will revise, as applicable, the customized Recommended Spares Parts List (RSPL) and Illustrated Parts Catalog (IPC).

  • SERVICES AND EQUIPMENT Section 21.01. Landlord shall, at its cost and expense:

  • Specifications Shipper will ensure that all of its Products tendered at the Origin Point for transportation on the Pipeline System meet the applicable specifications for the Product as set forth in the Tariff (as defined below) (the “Specifications”).

  • Tooling Inventory that consists of tooling or replacement parts;

  • Inventory and Equipment with Bailees Store the Inventory or Equipment of Parent, Borrowers or their respective Subsidiaries at any time now or hereafter with a bailee, warehouseman, or similar party.

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

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