Depreciated Replacement Value definition

Depreciated Replacement Value means the amount arrived at after adjusting the depreciated book value of an asset by the variation occurring in WPI between the date of purchase and the date of settlement hereunder;
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Depreciated Replacement Value means the depreciated value calculated based on the Current Replacement Value and assuming a 20 year service life using straight-line depreciation.
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Depreciated Replacement Value shall have the meaning assigned to it in accordance with the “Statements of Asset Valuation Practice and Guidance Notes” of the Royal Institution of Chartered Surveyors, United Kingdom, publication dated January 1995 as amended from time to time.
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Examples of Depreciated Replacement Value in a sentence

  • Such credit shall be based on the Depreciated Replacement Value (as defined below) of the failed part.

  • Provided however, if the Railway Administration is unable to repair and/or restore the Wagons, then the Railway Administration shall purchase such damaged Wagons at the Depreciated Replacement Value.

  • Such credit shall be based on the Depreciated Replacement Value of the failed Heat Exchanger.


More Definitions of Depreciated Replacement Value

Depreciated Replacement Value means the depreciated value calculated based on the Current Replacement Value and
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Related to Depreciated Replacement Value

  • Original Cost means the total amount paid to purchase a security, including any transaction charges related to the purchase;

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.

  • Rollback tax rate means the rate that will produce last year’s maintenance and operation tax levy (adjusted) from this year’s values (adjusted) multiplied by 1.08 plus a rate that will produce this year’s debt service from this year’s values (unadjusted) divided by the anticipated tax collection rate.

  • Benchmark Replacement Adjustment means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement: