Tangible Asset definition

Tangible Asset means any physical item or group of items, including (but not limited to) land, buildings, plant and equipment, that is purchased, donated or developed together, which cost more than the Capitalisation Threshold; and has an economic life of twelve (12) Months or more; and is purchased, developed or maintained wholly or partially using the Grant;
View Source
Tangible Asset means a physical asset purchased by the Applicant for the purpose of establishing or operating the Business, and may include furniture, office equipment, computers, tools, machinery or fixtures, and may also include inventory, vehicles or real estate if determined eligible by the Program in accordance with Schedule A to this Agreement, but shall not include cash; and
View Source
Tangible Asset means all types of goods and includes motor vehicles, crops, machineries, livestock;
View Source

Examples of Tangible Asset in a sentence

  • Each such Tangible Asset is free from material defects (patent and latent), has been maintained in accordance with normal industry practice, is in good operating condition and repair (subject to normal wear and tear), and is suitable for the purposes for which it presently is used.

  • There is not, under any Lease relating to Leased Real Property, Equipment or other Tangible Asset, any existing default by the Company or, to the Company's knowledge, any existing default by any other party thereto, or any circumstance known to the Company that could give rise to a default by the Company or any other party to such Lease.

  • Each Tangible Asset is, and as of the Closing Date will be, in good operating condition and good repair, ordinary wear and tear excepted, will be free from all defect and damage, and are usable in the ordinary course of business.

  • Each Tangible Asset material to the operation of the Business is in good operating condition and repair (ordinary wear and tear excepted), and is suitable for the purposes for which it is used.

  • The Purchase Price Adjustment shall be equal to the value of the Closing Date Net Tangible Asset Value (as finally determined in accordance with this Section 2.05) minus the June 30, 1995 Net Tangible Asset Value.


More Definitions of Tangible Asset

Tangible Asset means real property or personal property, such as buildings and machinery.
View Source
Tangible Asset means any physical asset (excluding real property), including but not limited to:
View Source
Tangible Asset means any physical asset (excluding real property or marine stimulation vessels not specifically identified as part of the Divestiture Assets), including, but not limited to:
View Source
Tangible Asset means, for the purposes of calculating eligible costs, investments in land which are strictly necessary in order to meet environmental objectives, investments in buildings, plant and equipment inten­ ded to reduce or eliminate pollution and nuisances, and investments to adapt production methods with a view to protecting the environment;
View Source
Tangible Asset means every form of corporeal movable asset, such as goods, inventory and equipment.
View Source
Tangible Asset means every form of tangible movable property, including money, inventory, equipment, consumer goods, accessions, fixtures, negotiable instruments and negotiable documents in paper form;
View Source
Tangible Asset means all physical properties of, or relating to, any item of the Entertainment Properties, including prints, negatives, duplicating negatives, fine grains, music and sound effects tracks, master tapes and other duplicating materials of any kind, all various language dubbed and titled versions, prints and negatives of stills, trailers and television spots, all promos and other advertising and publicity materials, stock footage, trims, tabs, out-takes, cells, drawings, storyboards, models, sculptures, puppets, sketches and continuities.
View Source