Common use of Special Cases - Assets Clause in Contracts

Special Cases - Assets. A. subject to such terms and conditions as AMS may prescribe and for the purposes of determining allowable net assets, appraisals of the value of fixed assets in excess of the book value claimed in the financial statement submitted by the Warehouse Operator to conform to the requirements may be allowed if each of the following conditions are met:

Appears in 3 contracts

Samples: Licensing Agreement, Licensing Agreement, Licensing Agreement

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Special Cases - Assets. A. subject Subject to such terms and conditions as AMS may prescribe and for the purposes of determining allowable net assets, appraisals of the value of fixed assets in excess of the book value claimed in the financial statement submitted by the Warehouse Operator to conform to the requirements may be allowed if each of the following conditions are met:: the assessment is prepared by independent certified appraisers and according to established appraisal criteria acceptable to AMS; and

Appears in 1 contract

Samples: Licensing Agreement

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