Depreciation Method. 200% declining balance method, switching to straight line method for the 1st taxable year for which using the straight line method with respect to the adjusted basis as of the beginning of such year will yield a larger allowance.
Appears in 5 contracts
Samples: Aircraft Lease Agreement (Restaurant Co), Aircraft Lease Agreement (Service Merchandise Co Inc), Master Lease Agreement (Autocam Corp/Mi)
Depreciation Method. 200% declining balance method, switching to straight line method for the 1st first taxable year for which using the straight line method with respect to the adjusted basis as of the beginning of such year will yield a larger allowance.
Appears in 2 contracts
Samples: Master Lease Agreement (Hutchinson Technology Inc), Equipment Schedule (Continental Caribbean Containers Inc)
