Depreciation Adjustment definition

Depreciation Adjustment items set forth in lines 133 through 150 of Schedule B-1, in each case calculated for such period in the same manner that such adjustments were calculated in Schedule B-1, plus
View Source
Depreciation Adjustment. For any Permanent Financing Year, means the following computation:
View Source

Examples of Depreciation Adjustment in a sentence

  • Within 30 days of the Closing Date, ETSI shall prepare and deliver to Lydall a statement setting forth the depreciation expense on the fixed assets of ETSI on a consistent basis with prior years, covering the period from January 1, 1998 through the closing date (Depreciation Adjustment).

  • Lydall agrees to wire the amount to ETSI, within five business days of Lydall's acceptance of the Fixed Asset and Tooling Statement, net of any Depreciation Adjustment determined in accordance with Section 4.07.

  • ETSI agrees to wire the amount to Lydall, within 5 business days of Lydall's acceptance of the Depreciation Adjustment.

  • Within 5 days of receipt of the Depreciation Adjustment, Lydall shall deliver to ETSI a written acknowledgment of Lydall accepting the Depreciation Adjustment or a written report (Depreciation Adjustment Report) setting forth in detail any proposed adjustments.

  • In the event that Lydall does not accept the Depreciation Adjustment, the matter will be submitted to the Independent Auditors for dispute resolution in accordance with Section 4.05b.

  • Following the initial allocation of Profits and Losses for each Allocation Year as provided in Sections 5.1 and 5.2, deductions allowable to the Company under Code Sections 167 and 168 for such Allocation Year in an amount equal to the Special Depreciation Adjustment for such Allocation Year shall be reallocated from Sonoco Partition to Rock-Tenn Partition.