Amortization Expense definition
Examples of Amortization Expense in a sentence
Amortization Expense Non-cash expense measured based on the use of intangible assets, recognized over the life of the intangible asset.
The Settling Parties agree that PWW shall include in its overall revenue requirement an “Operating Expense Revenue Requirement” amount (“OERR”), which shall be equal to the sum of PWW’s pro forma test year Operation and Maintenance Expenses, Property Tax Expense, Payroll Tax Expense, and Amortization Expense.
As of the last day of any Fiscal Quarter, Tangible Net Worth shall not be less than the sum of (a) $575,000,000, minus (b) 100% of the cumulative Depreciation and Amortization Expense deducted in determining Net Income for all fiscal quarters ending after March 31, 2002, plus (c) 90% of the cumulative net cash proceeds received from and the value of assets acquired (net of Indebtedness incurred or assumed in connection therewith) through the issuance of Capital Stock of MAC after March 31, 2002.
Consolidated Amortization Expense - For any period, the aggregate consolidated amount of amortization expenses of Borrowers as determined in accordance with GAAP.
The Settling Parties agree that PAC shall include in its overall revenue requirement an Operating Expense Revenue Requirement (OERR), which shall be equal to the sum of PAC’s pro forma test year Operation and Maintenance Expenses, Property Tax Expense, Amortization Expense, actual NH Business Enterprise Tax (BET) cash payments, and Material Operating Expense Factor (MOEF).