Government-furnished property definition

Government-furnished property means property in the possession of, or directly acquired by, the Government and subsequently furnished to the Contractor for performance of a contract. Government-furnished property includes, but is not limited to, spares and property furnished for repair, maintenance, overhaul, or modification. Government-furnished property also includes contractor-acquired property if the contractor-acquired property is a deliverable under a cost contract when accepted by the Government for continued use under the contract.

Government-furnished property means property in the possession of, or directly acquired by, the Government and subsequently furnished to the Contractor for performance of a contract.

Government-furnished property means property in the possession of, or directly acquired by, the Government and subsequently furnished to the Contractor for performance of a contract. Government- furnished property includes, but is not limited to, spares and property furnished for repair, maintenance, overhaul, or modification. Government-furnished property also includes contractor-acquired property if the contractor-acquired property is a deliverable under a cost contract when accepted by the Government for continued use under the contract.

Examples of Government-furnished property in a sentence

• To the Knowledge of the Companies, the Companies have complied in all material respects with all of its obligations relating to the Government-Furnished Property.

• The Company has complied in all material respects with all of its obligations relating to the Government-Furnished Property.

• Schedule 3.18(n) of the Disclosure Schedules identifies as of the Effective Date all personal property, equipment and fixtures loaned, bailed or otherwise furnished to either of the Companies by or on behalf of the U.S. Government for use in the performance of an active Government Contract or Government Subcontract (“Government-Furnished Property”) and the active Government Contracts or Government Subcontracts to which each item of Government-Furnished Property relates.

• Government-Furnished Property (GFP): All property in the possession of or acquired by the Government and subsequently deliver or otherwise made available to the contractor.

• Government-Furnished Property Property in the possession of or acquired directly by the Government, and subsequently delivered or otherwise made available to the contractor.

More Definitions of Government-furnished property

Government-furnished property means property in the possession of, or directly acquired by, the Government and subsequently furnished to the Contractor for performance of a contract. Government-furnished property includes, but is not limited to, spares and property furnished for repair, maintenance, overhaul, or modification.

Government-furnished property means property directly in the possession or acquired by the Government and made available to the Seller either directly from the Buyer or the Government in performance of this Contract

Government-furnished property has the meaning set forth in Section 3.18(n).

Government-furnished property means property in the possession of, or directly acquired by, the Government or Purchaser and subsequently furnished to the Subcontractor for performance of a subcontract.

Government-furnished property means property in the possession of, or directly acquired by, the

Government-furnished property means property in the possession of, or directly acquired by the Government and subsequently made available to the Contractor. Government-Furnished Property includes Government-Furnished materials and Government-Furnished Equipment.

Government-furnished property means personal property, equipment and fixtures loaned, bailed or otherwise furnished to any of the Acquired Companies by or on behalf of the U.S. Government for use in the performance of a Government Contract or Government Subcontract.