How is Equipment Costs defined in a legal contract?
- Equipment Costs means the total expenses associated with the Equipment, inclusive of related costs like freight, setup, taxes, capitalizable costs, and costs incurred in relation with the procurement or funding of the Equipment
Seen in 14 SEC filings - Equipment Costs means the overall cost of Equipment as listed alongside the Lease, including related soft costs like freight, setup, taxes and other capitalizable costs, legal fees, funding costs and other costs necessary to verify the full, clear legal ownership of Equipment
Seen in 14 SEC filings - Equipment Costs means the total cost of the Equipment listed in the Lease, including all delivery charges, setup charges, capitalizable consulting and training fees, legal fees, funding costs, and other costs necessary to verify full, clear legal ownership of the Equipment
Seen in 4 SEC filings - Equipment Costs means the total cost of the Equipment listed in the Lease, including related costs like freight, setup costs, taxes, capitalizable costs and costs incurred in connection with the financing of the Equipment
Seen in 2 SEC filings - Equipment Costs means the costs described in the [section] hereof
Seen in 2 SEC filings - Equipment Costs means the collective reference to Turbine Costs and Other Equipment Costs
Seen in 2 SEC filings
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for ‘Definitions of equipment costs’ yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Equipment Costs means total expenses tied to acquiring, setting up, and financing equipment, including unavoidable related costs.
Relevant Contract Types
Relevant Circumstances
- Purchase of new machinery
- Leasing of factory equipment
- Acquisition of technology hardware for business operation
- Arrangement with a vendor for the supply and maintenance of equipment
Relevant Sectors
Genie Definition 2
Equipment Costs means comprehensive expenses linked to procurement and maintenance of specific equipment as detailed in the lease contract.
Relevant Contract Types
Relevant Circumstances
- Arrangements with a leasing company for equipment use
- Negotiation of a service agreement for machine maintenance with a provider
Relevant Sectors
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Equipment Costs means total expenses tied to acquiring, setting up, and financing equipment, including unavoidable related costs
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