Equipment Purchase definition

Equipment Purchase is defined in Paragraph 9.
Equipment Purchase means the purchase of the Equipment by the Standby Purchaser in accordance with the Standby Put Option Deed; "Head Lease" means the lease agreement entered or to be entered into on or about the date of this Agreement between the Lessor, PPC and Bluewater Energy pursuant to which the Lessor has agreed to lease the Equipment to PPC and PPC has agreed to take the Equipment on lease from the Lessor, subject to the terms and conditions therein contained; "Initial Rent" means an amount in Sterling exactly equal to the Required Purchase Price (as such term is defined in the Standby Put Option Deed) as such amount shall be notified to the Lessee by the Standby Purchaser or the Standby Lender, as the case may be, immediately upon the Standby Purchaser receiving a Standby Put Option Notice (as defined in the Standby Put Option Deed) from the Lessor, in accordance with the terms of the Standby Put Option Deed; "Losses" shall have the meaning attributed to that term in clause 16; "Notice" shall have the meaning attributed thereto in clause 19.5.1; "Standby Lease Period" means the period during which the Lessee shall be entitled to possession and use of the Equipment in accordance with this Agreement being the period, if any, commencing on (and including) the Delivery Date and ending on the End Date; "Standby Lender" means the bank or financial institution which funds the purchase of the Equipment by the Standby Purchaser pursuant to the terms of the Standby Put Option Deed; "Standby Purchaser Assigned Account" means the interest bearing Dollar account of the Standby Purchaser with ING Bank N.V. acting through its Amsterdam head office]designated "Haewene Brim Standby Purchaser Assigned Account" and includes any redesignation or sub-accounts thereof; "Sterling" and "£" and "pounds" means the lawful currency for the time being of the United Kingdom; "Total Loss" has the same meaning as in the Standby Sub-Lease but includes Compulsory Acquisition (as defined in the Standby Sub-Lease). 1.2
Equipment Purchase. Requires approval if not in the approved budget. TRAVEL EXPENSES: Requires approval if not in the approved budget. BUDGET REALLOCATION: 10% reallocation between categories is allowed.

Examples of Equipment Purchase in a sentence

  • EQUIPMENT PURCHASE: Equipment purchases made with CLC funds should be related to the objectives of the CLC program.

  • AMEND 2020 BUDGET FOR TRENCH EQUIPMENT PURCHASE (FD0105)The Minot Fire Department was awarded the NDDES FY 20179 SHSP Regional Response Grant that includes funding for training, exercises, and equipment in the areas of hazardous materials and technical rescue.

  • IF THE EQUIPMENT IS NOT RETURNED TO OUR OFFICE WITHIN 15 DAYS OF TERMINATION, YOU WILL BE CHARGED THE FULL EQUIPMENT PURCHASE PRICE OF $350.

  • FY 2019 STATE HOMELAND SECURITY GRANT EQUIPMENT PURCHASE (FD0105) The Minot Fire Department was awarded funding for the FY2019 State Homeland SecurityGrant.

  • PERSONNEL SERVICES: (Grade @ Cost/Hours X # Hours X # Fiscal Years = Cost/Item): Do not include contract personnel costs here (see contractor services below).COST / ITEM TOTAL PERSONNEL SERVICE COSTn/a< EQUIPMENT PURCHASE, LEASE AND/OR RENT (Item @ Cost/Hour X # of Hours X #Fiscal Years = Cost/Item): Note: Purchases require written justification that demonstrates cost benefits over leasing or renting.

  • NOTE D - STATE EQUIPMENT PURCHASE ADVANCE/STATE HIGHWAY MAINTENANCE ADVANCE State equipment purchase advance is determined by a formula applied to the book value of equipment of the previous fiscal year.

  • FURTHERMORE, THE PERCENTAGE OF EQUITY FOR RENTAL PAYMENTS WILL BE ADJUSTED IN PROPORITION TO INDIVIDUAL EQUIPMENT PURCHASE PRICE THAT IS STILL OUT ON RENT.

  • USAGE REPORT: VENDOR SHALL PROVIDE A USAGE REPORT OF ALL EQUIPMENT PURCHASE OFF THE CONTRACT TO INCLUDE CREDIT CARD PURCHASES.

  • Company Name - Address - Contact - Phone Number ( ) Email Address - Type Equipment Type Equipment Length of Service Schedule A EQUIPMENT PURCHASE AGREEMENT This Equipment Purchase Agreement (this “Agreement”) is made this dayof , between (“Seller”) and CITY OF NAPLESAIRPORT AUTHORITY, a political subdivision of the State of Florida, having its principal office at 160 Aviation Drive North, Naples, FL 34104 (“Authority”).

  • THE FOLLOWING SECTION A (EQUIPMENT PURCHASE), SECTION B (E-COMMERCE/GATEWAY), SECTION C (FOREIGN CURRENCY PROCESSING) WILL APPLY IF SELECTED BY MERCHANT IN THE MERCHANT APPLICATION.


More Definitions of Equipment Purchase

Equipment Purchase means the purchase by Flowers Industries and/or its Subsidiaries or the Borrower and/or its Subsidiaries, as applicable, of the equipment previously subject to (i) the Master Lease Agreement, dated as of October 20, 1995, between Wachovia Leasing Corporation and Flowers Industries, as amended, modified and/or supplemented prior to the Effective Date and (ii) the Master Equipment Lease between SunTrust Leasing Corporation (formerly SunTrust Bank, Atlanta) and Flowers Industries, as amended prior to the Effective Date.
Equipment Purchase and “Equipment Purchases” shall have the meanings set forth in the recitals.
Equipment Purchase means that certain purchase by Trans-Lux of certain equipment and services more particularly described on Exhibit A to the Purchase Agreement, pursuant to the terms and provisions of the Purchase Agreement.

Related to Equipment Purchase

  • Subsequent Purchaser Any Person that acquires an interest in a Mortgage Loan from Purchaser.

  • Component purchases means purchases of the component parts of an item that in normal purchasing practices would be made in one purchase. “Separate purchases” means purchases, made sep- arately, of items that in normal purchasing practices would be made in one purchase. “Sequential purchases” means purchases, made over a period, of items that in normal purchasing practices would be made in one purchase.

  • Subsequent Purchase Agreement means an agreement by and between the Seller and the Purchaser pursuant to which the Purchaser will acquire Subsequent Receivables.

  • Warrant Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Over-allotment Purchase Price The Purchaser shall pay the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company at least one business day prior to the Over-Allotment Closing Date in accordance with the Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price, the Company shall, at its option, deliver a certificate evidencing the Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

  • Warrant Purchase Agreement means a warrant purchase agreement under which a Warrant is issued entered into by Borrower and an Affiliate of Lenders contemporaneously with the execution of this Loan Agreement.

  • Retail Purchase means a purchase of any goods or services by the use of the Card and may, at the Bank’s absolute discretion and without prior notice, include or exclude any Card transaction as may be determined by the Bank;

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.

  • Development Purposes means using the Software for the specific purpose of (a) developing, (b) single-user prototyping, quality assurance or testing and/or

  • Receivables Purchase Facility means any securitization facility made available to the Borrower or any of its Subsidiaries, pursuant to which receivables of the Borrower or any of its Subsidiaries are transferred to one or more SPCs, and thereafter to certain investors, pursuant to the terms and conditions of the Receivables Purchase Documents.

  • Government purpose means any activity in which the United States Government is a party, including cooperative agreements with international or multi-national defense organizations, or sales or transfers by the United States Government to foreign governments or international organizations. Government purposes include competitive procurement, but do not include the rights to use, modify, reproduce, release, perform, display, or disclose technical data for commercial purposes or authorize others to do so.

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Receivables Purchase Price means $1,652,997,849.97.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Generation Interconnection Request means a request by a Generation Interconnection Customer pursuant to Tariff, Part IV, subpart A, to interconnect a generating unit with the Transmission System or to increase the capacity of a generating unit interconnected with the Transmission System in the PJM Region.

  • Purchase Facility has the meaning set forth in Section 1.1 of the Sale Agreement.

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

  • retail investor means a person who is one (or more) of the following:

  • Motorized Vehicle means a passenger car, station wagon, van, jeep-type automobile, truck, ambulance or any type of motorized vehicle used by municipal, provincial or federal police forces.

  • Purchased Securities has the meaning assigned in the Terms;

  • Initial Purchase Price has the meaning set forth in Section 2.1.

  • Livery vehicle means a motor vehicle that:

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

  • Manufactured-home transaction means a secured transaction:

  • Wholesale distributor means any person engaged in wholesale distribution of prescription drugs