Demonstration Unit definition

Demonstration Unit means a motor vehicle chassis that satisfies both of the following requirements: (a) a Credit Party has added accessions (as such term is defined in the Code) to such motor vehicle chassis or such motor vehicle chassis has been fully or partially accessorized, improved, changed, converted, altered, modified or otherwise converted by a Credit Party, in each case since the delivery of such motor vehicle chassis, and the Indebtedness related to that chassis owed by any Credit Party to ALLY or any other lender providing financing for the acquisition of that chassis has not been paid in full by a Credit Party, and (b) such motor vehicle chassis and its accessions (as such term is defined in the Code) are not subject to a contract for the purchase between such Credit Party, as seller, and a bona fide purchaser for value, as buyer.
Sample 1Sample 2
Demonstration Unit means a Unit designated as a “Demonstration Unit” on the applicable Build Order, which Unit shall be fabricated by Manufacturer, at Manufacturer’s facilities, for the purpose of demonstrating efficacy or marketing.
Sample 1
Demonstration Unit means a motor vehicle chassis that satisfies both of the following requirements: (a) a Loan Party has added accessions (as such term is defined in the Code) to such motor vehicle chassis or such motor vehicle chassis has been fully or partially accessorized, improved, changed, converted, altered, modified or otherwise converted by a Loan Party, in each case since the delivery of such motor vehicle chassis, and (b) such motor vehicle chassis and its accessions (as such term is defined in the Code) are not subject to a contract for the purchase between such Loan Party, as seller, and a bona fide purchaser for value, as buyer.
Sample 1

Examples of Demonstration Unit in a sentence

  • If a Demonstration Unit is returned in a damaged condition due to more than ordinary and reasonable use, the Sales Representative shall be responsible for and pay all necessary refurbishment costs to enable Specac to sell that Demonstration Unit.

  • If a Demonstration Unit is returned in a damaged condition due to more then ordinary and reasonable use, the Sales Representative shall pay all necessary refurbishment costs to enable KTA to sell that Demonstrated Unit.

  • Within the same period Dealer will also purchase such additional Demonstration Units as may be necessary to provide reasonable access to a Demonstration Unit by Dealer's customers at all of Dealer's authorized sales locations.

  • The Demonstration Unit are for demonstration purposes only and may not be resold by NSA until they have been held and used for a minimum of 6 months at which time it may be sold with approval of Cyber.

  • Any Demonstration Unit may be used by Distributor for demonstration purposes only and Distributor shall not acquire any rights or interest whatsoever in any Demonstration Unit but such Demonstration Unit shall at all times remain the sole property of Vitronic.

  • Figure 1 is a simplified flow plan of the Hugoton Demonstration Unit which is a typical embodiment of a Mehra Gas Treating Unit for nitrogen rejection.

  • Any such demonstration units sold by the Distributor to any customer shall be clearly marked by the Distributor as a "Demonstration Unit." Any equipment or any audio-visual aids loaned to the Distributor for promotional or advertising purposes shall remain the exclusive property of the Company, and shall be returned by the Distributor to the Company upon written demand of the Company, or upon termination of this Agreement, reasonable wear and tear excepted.

  • One demonstration unit of each model type listed above (except 451IA) is available for each authorized location at Demonstration Unit discounts listed above every six months.

  • Seller shall perform a Process Demonstration Unit Test in accordance with and subject to the provisions of Exhibit E.

  • The increase in SG&A expenses in the alternative energy segment was primarily due to approximately $0.6 million of severance expense associated with ceasing operations and reducing staffing at the Company’s Product Demonstration Unit (PDU), and increases of approximately $1.0 million in legal and consulting expenses primarily related to the Company’s recently announced wood fibre processing business and $0.3 million in audit and tax fees.


More Definitions of Demonstration Unit

Demonstration Unit will have the meaning set forth in Section 3.1(f) below.
Sample 1
Demonstration Unit means a motor vehicle chassis that satisfies both of the following requirements: (a) a Loan Party has added Accessions to such motor vehicle chassis or such motor vehicle chassis has been fully or partially accessorized, improved, changed, converted, altered, modified or otherwise converted by a Loan Party, in each case since the delivery of such motor vehicle chassis, and (b) such motor vehicle chassis and its Accessions are not subject to a contract for the purchase between such Loan Party, as seller, and a bona fide purchaser for value, as buyer.
Sample 1
Demonstration Unit means a single IGCC (or alternative technology) power train coupled with CCS that meets the “PRIMARY TECHNICAL GOALS AND FUNCTIONAL PERFORMANCE
Sample 1

Related to Demonstration Unit

  • Demonstration project means one of the following projects:

  • Demonstration means a show, seminar, or contest in which barber services are rendered for the purpose of educating barbers.

  • Generation Unit means a facility that converts a fuel or an energy resource into electrical energy.

  • Production Unit means a facility for generation of electricity made up of a single generation unit or of an aggregation of generation units;

  • Cogeneration unit means a unit that is able to operate in cogeneration mode;

  • Quantitative fit test or "QNFT" means an assessment of the adequacy of respirator fit by numerically measuring the amount of leakage into the respirator.

  • Locational Deliverability Area Reliability Requirement means the projected internal capacity in the Locational Deliverability Area plus the Capacity Emergency Transfer Objective for the Delivery Year, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, less the minimum internal resources required for all FRR Entities in such Locational Deliverability Area.

  • Diversion unit means any probation counselor who enters into

  • Clean coal technology demonstration project means a project using funds appropriated under the heading “Department of Energy—Clean Coal Technology,” up to a total amount of $2,500,000,000 for commercial demonstration of clean coal technology, or similar projects funded through appropriations for the Environmental Protection Agency. The federal contribution for a qualifying project shall be at least 20 percent of the total cost of the demonstration project.

  • PJM Region Reliability Requirement means, for purposes of the Base Residual Auction, the Forecast Pool Requirement multiplied by the Preliminary PJM Region Peak Load Forecast, less the sum of all Preliminary Unforced Capacity Obligations of FRR Entities in the PJM Region; and, for purposes of the Incremental Auctions, the Forecast Pool Requirement multiplied by the updated PJM Region Peak Load Forecast, less the sum of all updated Unforced Capacity Obligations of FRR Entities in the PJM Region.

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Certified mills means the lesser of 18 mills or the number of mills of school operating taxes levied by the district in 1993-94.

  • Project Coordination Unit or “PCU” means the unit referred to in Section II (1) of Schedule 4 to this Agreement;

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Independent educational evaluation means an evaluation conducted by a qualified examiner who is not employed by the public agency responsible for the education of the child in question.

  • Projection means prospective financial statements that present, to the best of the responsible party’s knowledge and belief given one or more hypothetical assumptions, an entity’s expected financial position, results of operations, and changes in financial position or cash flows that are based on the responsible party’s assumptions reflecting conditions it expects would exist and the course of action it expects would be taken given such hypothetical assumptions.

  • Project Revenue means all net rents, proceeds, revenue and other income derived by the City by virtue of any lease, sale, conveyance or other disposition of any part of the Project, plus all sums received by the City as a result of damage to or destruction or condemnation of the Project, but shall not mean any part of the Tax Revenue.

  • Certified nurse midwife means an advanced practice registered nurse who is certified in the

  • Calibration gas means a gas mixture used to calibrate gas analysers.

  • accommodation unit in relation to any premises, means a building or section of a building occupied or used or intended for occupation or use for any purpose;

  • Goods Specification means any specification for the Goods, including any related plans and drawings, as set out in the Order or otherwise agreed in writing by Get Living and the Supplier;

  • Compliance Costs means all expenses, commitments or obligations in excess of one million dollars ($1,000,000) incurred by Carrier or required to be incurred by Carrier to comply with a Change in Law, irrespective of whether such expenses, commitments or obligations are to be incurred as a one-time expenditure or periodically for an extended period.

  • Livery vehicle means a motor vehicle that:

  • Expandable condominium means a condominium project to which additional

  • Temporary clean coal technology demonstration project means a clean coal technology demonstration project that is operated for a period of five years or less and that complies with the SIP and other requirements necessary to attain and maintain the national ambient air quality standards during the project and after the project is terminated.

  • Subprojects means more than one such Subproject.