Fixed Assets and Depreciation Sample Clauses

Fixed Assets and Depreciation. Schedule 3.20 represents (i) as of April 30, 2005, a listing of all plant, machinery, equipment, leasehold improvements, vehicles, structures, any related capitalized items and other tangible property material to the business of Crosstex and which is treated by Crosstex as depreciable or amortizable property (“Tangible Property”), and (ii) as of April 30, 2005, the related accumulated depreciation or amortization.
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Fixed Assets and Depreciation. (i) Fixed assets are stated at cost less accumulated depreciation. The circumstances and basis under which the cost is arrived at are set out in details in Note 14 to the accounts.
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Fixed Assets and Depreciation. This spreadsheet provides for the input of existing and grant related plant and equipment costs and calculates the straight-line depreciation for inclusion on the balance sheet. Plant and equipment necessary for any expansion or improvements to the existing network are input separately from the grant related assets. The plant and equipment costs for the grant related assets should be the same as shown on the capital budget worksheet (Schedule F-2). Straight-line depreciation is the only acceptable depreciation for the application. Debt Activity Debt activity is existing and any new borrowing by the applicant. Principal and interest payment amounts for existing and new debt are entered in their respective areas. Grant Activity The grant activity worksheet provides information to populates the deferred grant revenue category on the Balance Sheet. The plant and equipment costs for the grant related assets should be the same as shown on the capital budget worksheet (Schedule F-2).
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Fixed Assets and Depreciation. 22. Prepare the annual capital budget monitor and report on variances monthly.
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Fixed Assets and Depreciation. (i) Fixed assets are stated at cost or revalued amount less accumulated depreciation and impairment losses (see Section 2(d)). The circumstances and basis under which the revalued amount is arrived at are set out in details in Section 5(a).
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Fixed Assets and Depreciation. (i) Fixed assets are stated at cost less accumulated depreciation and impairment losses (see note 1(i)).
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Fixed Assets and Depreciation. Schedule 3.20 represents as of June 30, 2011 (i) a listing of all plant, machinery, equipment, leasehold improvements, vehicles, structures, any related capitalized items and other tangible property material to the business of Seller or Per-Form and which is treated by Seller or Per-Form as depreciable or amortizable property (“Tangible Property”), and (ii) the related accumulated depreciation or amortization.
Sample 1
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Fixed Assets and Depreciation. All fixed assets are included except for those exceptions noted below. Depreciation is to be provided based on depreciation policies consistent with prior SMTech accounting practice.
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Related to Fixed Assets and Depreciation

  • Fixed Assets 9 2.10.Leases........................................................10 2.11.Change in Financial Condition and Assets......................10 0.00.

  • Book Value The value of an asset on the books of the Company, before allowance for depreciation or amortization.

  • Consolidated Total Assets All assets of the Borrower and its Subsidiaries determined on a consolidated basis in accordance with GAAP.

  • Depreciation The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the SERIES #JordanMagicLeBronTripleAutoJersey going forward. ScheduleXXXVII to Eleventh Amendment to Collectable Sports Assets, LLC Amended and Restated Limited Liability Company Agreement Exhibit 240 Series Designation of #UNITASPSA8, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #UNITASPSA8, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment May 7, 2021 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #UNITASPSA8 with effect from the effective date hereof and shall continue to act as the Managing Member of #UNITASPSA8 until dissolution of #UNITASPSA8 pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #UNITASPSA8 shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #UNITASPSA8 through that certain Consignment Agreement dated as of May 7, 2021, as it may be amended from time to time, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #UNITASPSA8 from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #UNITASPSA8 Interests the Company can issue may not exceed the purchase price, in the aggregate, of $50,000. Number of #UNITASPSA8 Interests held by the Managing Member and its Affiliates The Managing Member must purchase a minimum of 0.5% and may purchase additional #UNITASPSA8 Interests (including in excess of 10%), in its sole discretion, through the Offering. Broker Dalmore Group, LLC, a New York limited liability company. Brokerage Fee Up to 1.00% of the gross proceeds of the Interests from #UNITASPSA8 sold at the Initial Offering of the #UNITASPSA8 Interests (excluding the #UNITASPSA8 Interests acquired by any Person other than Investor Members). Other rights Holders of #UNITASPSA8 Interests shall have no conversion, exchange, sinking fund, redemption or appraisal rights, no preemptive rights to subscribe for any securities of the Company and no preferential rights to distributions of #UNITASPSA8 Interests. Officers There shall initially be no specific officers associated with #UNITASPSA8, although, the Managing Member may appoint Officers of #UNITASPSA8 from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Interest per Member. Schedule 1 DESCRIPTION OF SERIES # UnitasPSA8 Investment Overview #UnitasPSA8 · Upon completion of the SERIES #UnitasPSA8 Offering, SERIES #UnitasPSA8 will purchase a Jxxx Xxxxxx 1957 Topps PSA 8 (The “Underlying Asset” with respect to SERIES #UnitasPSA8, as applicable), the specifications of which are set forth below.

  • Tangible Assets The Target owns or leases all buildings, machinery, equipment, and other tangible assets necessary for the conduct of its business as presently conducted and as presently proposed to be conducted. Each such tangible asset is free from 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 and presently is proposed to be used.

  • Consolidated Tangible Net Worth (i) The net worth of Seller and its consolidated subsidiaries, on a combined basis, determined in accordance with GAAP, minus (ii) all intangibles determined in accordance with GAAP (including goodwill, capitalized financing costs and capitalized administration costs but excluding originated and purchased mortgage servicing rights or retained residual securities) and any and all advances to, investments in and receivables held from affiliates; provided, however, that the non-cash effect (gain or loss) of any xxxx-to-market adjustments made directly to stockholders’ equity for fluctuation of the value of financial instruments as mandated under the Statement of Financial Accounting Standards No. 133 (or any successor statement) shall be excluded from the calculation of Consolidated Tangible Net Worth.

  • Net Tangible Assets Purchaser shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the closing of the Purchaser Share Redemption.

  • Consolidated Net Worth Borrower will at the end of each fiscal quarter maintain Consolidated Net Worth in an amount of not less than the sum of (i) $625,000,000 plus (ii) fifty percent (50%) of the aggregate Consolidated Net Income, if positive, for the period beginning January 1, 2005 and ending on the last day of such fiscal quarter.

  • Minimum Consolidated Net Worth Permit the Consolidated Net Worth of the Company at the end of any fiscal quarter to be less than US$11,250,000,000 (“Minimum Amount”).

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