Acquisition cost of equipment definition

Acquisition cost of equipment means the net invoice price of the equipment, including the cost of modifications, at- tachments, accessories, or auxiliary apparatus necessary to make the prop- erty usable for the purpose for which it was acquired. Other charges, such as the cost of installation, transportation, taxes, duty or protective in-transit in- surance, shall be included or excluded from the unit acquisition cost in ac- cordance with the recipient’s regular accounting practices.
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Acquisition cost of equipment means the net invoice price of the equipment, including the cost ofmodifications, attachments, accessories, or auxiliary apparatus necessary tomake the property usable for thepurpose for which it was acquired.Other charges, such as the cost ofinstallation, transportation, taxes, duty or protective in-transit insurance, shall be included or excluded from the unit acquisition cost in accordance with the recipient’s regular accounting practices.
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Examples of Acquisition cost of equipment in a sentence

  • Acquisition cost of equipment means the net invoice price of the equipment, including the cost of modifications, attachments, accessories, or auxiliary apparatus necessary to make the property usable for the purpose for which it was acquired.

  • Acquisition cost of equipment means the net invoice price of the equipment, including the cost of modifications, at- tachments, accessories, or auxiliary apparatus necessary to make the prop- erty usable for the purpose for which it was acquired.

  • Goods and other tangible prop- erty delivered to purchasers, and(2) Amounts becoming owed to the recipient for which no current services or performance is required by the re- cipient.(c) Acquisition cost of equipment means the net invoice price of the equipment, including the cost of modifications, at- tachments, accessories, or auxiliary apparatus necessary to make the prop- erty usable for the purpose for which it was acquired.

  • To make rules, clause 39 provides that the Committee has the same rule-making powers as the Civil, Family and Tribunal Rule Committees (subsection (7) and (8)9.

  • The recipient of the policy document and Policy Schedule will then have 28 days to check that the Policy and benefits meet their needs.

  • Acquisition cost of equipment means the net invoice price of the equipment, including the cost of modifications,attachments, accessories, or auxiliary apparatus necessary to make theproperty usable for the purpose forwhich it was acquired.

  • Acquisition cost of equipment means the net in- voice price of the equipment, including the cost of modifications, attachments, accessories, or auxiliary apparatus necessary to make the property usable for the purpose for which it was acquired.

  • Acquisition cost of equipment or non-capitalized equipment items purchased means the net invoice price of the units, including any attachments, accessories or auxiliary apparatus necessary to make the equipment usable for the purpose for which it was acquired.

  • Acquisition cost of equipment meansthe net invoice price of the equipment, including the cost of modifications, attachments, accessories, or auxiliary apparatus necessary to make the property usable for the purpose for which it was acquired.

  • Acquisition cost of equipment is converted to current values of new equipment based on special indicators of the Hellenic Statistical Authority, pro rata with the year of acquisition of such equipment.

Related to Acquisition cost of equipment

  • Rental Equipment means the equipment identified on the Service Agreement and Order Schedule or otherwise notified to you in writing that we will rent to you as part of our provision of the Services and which you will return to us after expiry or termination of the Agreement, subject to the provisions of this Agreement.

  • Leased Equipment means the equipment which may include but not limited to modem provided by TM on lease basis to enable usage of the Service by the Customer, as may be decided by TM from time to time at its sole discretion.

  • Fixed Equipment means any property affixed in any way to the Licensed Premises existing at the time Notice to Proceed is given, whose removal would damage the Licensed Premises.

  • Building Equipment shall have the meaning set forth in the Security Instrument.

  • Item of Equipment means each item of the Equipment.

  • Capital Equipment means machinery and equipment purchased or leased, and used in this state by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately at retail if the machinery and equipment are essential to the integrated production process of manufacturing, fabricating, mining, or refining. Capital equipment also includes machinery and equipment used primarily to electronically transmit results retrieved by a customer of an online computerized data retrieval system.

  • Distributor’s Equipment means the Fittings and Metering Equipment owned by the Distributor, the Distributor’s agent, or any other third party with whom the Distributor has contracted with for the use by the Distributor of the party’s Fittings or Metering Equipment that are from time to time installed in, over or on Consumer’s Premises;

  • Service Equipment means any equipment, Software, systems, cabling and facilities provided by or on behalf of Verizon and used to facilitate provision of the Services at a Customer Site. Ownership of the Service Equipment does not pass to Customer. Service Equipment does not include Verizon Facilities.

  • Existing Equipment means equipment, machines, devices or installations that are in operation prior to September 23, 1970.

  • Excluded Equipment means, at any date, any equipment or other assets of the Borrower or any Guarantor which is subject to, or secured by, a Capitalized Lease Obligation or a purchase money obligation if and to the extent that (i) a restriction in favor of a Person who is not Holdings or any Restricted Subsidiary of Holdings contained in the agreements or documents granting or governing such Capitalized Lease Obligation or purchase money obligation prohibits, or requires any consent or establishes any other conditions for or would result in the termination of such agreement or document because of an assignment thereof, or a grant of a security interest therein, by the Borrower or any Guarantor and (ii) such restriction relates only to the asset or assets acquired by the Borrower or any Guarantor with the proceeds of such Capitalized Lease Obligation or purchase money obligation and attachments thereto, improvements thereof or substitutions therefor; provided that all proceeds paid or payable to any of the Borrower or any Guarantor from any sale, transfer or assignment or other voluntary or involuntary disposition of such assets and all rights to receive such proceeds shall be included in the Collateral to the extent not otherwise required to be paid to the holder of any Capitalized Lease Obligations or purchase money obligations secured by such assets.

  • Farm equipment means equipment used directly for farming

  • X-ray equipment means an x-ray system, subsystem, or component thereof. Types of x-ray equipment are as follows:

  • Fuel burning equipment means any furnace, boiler, apparatus, stack and all associated equipment, used in the process of burning fuel.

  • Operating Equipment means furniture, furnishings, special lighting fixtures, carpeting, draperies, decorations or other special finishing work, signs, appliances and trade fixtures and equipment that is furnished, installed or used by the Contractor in its operations on the Airport. It does not include Fixed Improvements, or repair or maintenance of Operating Equipment or Fixed Improvements or displays or decorations that are of a seasonal or temporary promotional nature.

  • CONSTRUCTION EQUIPMENT means all appliances and equipment of whatsoever nature for the use in or for the execution, completion operation or maintenance of the work unless intended to form part of permanent work.

  • Contractor-acquired property means property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title.

  • Stationary x-ray equipment means x-ray equipment which is installed in a fixed location.

  • Fixed Asset Supplies means items included within “Property and Equipment” under the Uniform System of Accounts including, but not limited to, linen, china, glassware, tableware, uniforms, and similar items, whether used in connection with public space or Guest Rooms.

  • New equipment means equipment for which, by the cut-off date, neither of the following events has occurred:

  • Standard equipment means the basic configuration of a vehicle which is equipped with all the features that are required under the regulatory acts of the Contracting Party including all features that are fitted without giving rise to any further specifications on configuration or equipment level.

  • Designated Equipment means either: (i) a server identified by serial number, or host I.D. on which the Licensed Materials are stored; or (ii) a computer or workstation, as identified by its serial number, host I.D. number or Ethernet address; to which the Licensed Materials are downloaded and Used only upon the issuance of a License Key. The Designated Equipment shall be of a manufacture, make and model, and have the configuration, capacity (i.e., memory/disk), operating software version level, and pre- requisite and co-requisite applications, prescribed in the Documentation as necessary or desirable for the operation of the Software.

  • Analytical x-ray equipment means equipment used for x-ray diffraction or fluorescence analysis.

  • Additional Equipment means equipment that is not factory fitted in the Vehicle, including but not limited to navigation equipment (GPS), baby seat, bicycle rack etcetera;

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • Mobility enhancing equipment means equipment, other than durable medical equipment or a motor vehicle or equipment on a motor vehicle normally provided by a motor vehicle manufacturer, dispensed pursuant to a prescription, including repair or replacement parts for that equipment, that is all of the following:

  • Digital Assets means electronic files for which a fee has been paid that are downloaded and stored on home electronic equipment, computers or mobile phones. “Digital assets” does not include downloaded files pertaining to “your” “business”.