Depreciation Expense definition

Depreciation Expense means, for any period with respect to any Person, depreciation, amortization, depletion and other like reductions to income of such Person for such period not involving any outlay of cash.

Depreciation Expense means the depreciation expense of an applicable Person for the applicable period (to the extent included in the computation of Net Income), according to GAAP.

Depreciation Expense means the annual depreciation accrual rates employed in the utility’s most recent general rate case for the plant accounts in which the cost of each eligible water system improvement is recorded applied to the cost of eligible water system improvements.

Examples of Depreciation Expense in a sentence

• Incentive Transmission Plant Depreciation Expense shall be tracked individually by Incentive Project.

• Depreciation Expense shall equal the intangible electric plant depreciation expenses as recorded in FERC Account No. 403, 404 and 405 associated with Intangible Electric Plant.

• Both Transmission Plant Depreciation Expense and Incentive Transmission Plant Depreciation Expense will be calculated using the rates shown in Statement AJ workpapers.

• The allocation of Administrative Services expenses to this program is $4,872,999, the Allocation of Fixed Assets from the Administrative Services programs is $143,517, and no Fixed Asset additions or Depreciation Expense are included in the 2014 Budget for the Reliability Standards Program.

• A+[(C+B)/D])(FT) I-FT where FT is the Federal Income Tax Rate and A is the sum of the preferred stock component and the return on equity component, as determined in Sections ll.A.2.(a)(ii) and (iii) above, B is Transmission Related Amortization of Investment Tax Credits, as determined in Section II.D., below, C is the Equity AFUDC component of Transmission Depreciation Expense, as defined in Section ll.B., and D is Transmission Investment Base, as determined in Section II.A.1., above.

More Definitions of Depreciation Expense

Depreciation Expense means, during each applicable fiscal year, for the Company and its subsidiaries on a consolidated basis, that amount of the Depreciation Expense that is reflected on the financial statements for such period in accordance with GAAP consistently applied.

Depreciation Expense means, for any period with respect to the Borrower, depreciation, amortization (excluding the amortization of contract initiation costs), depletion and other like reductions to income of the Borrower for such period not involving any outlay of cash, determined, without duplication, on a Modified Consolidated Basis in accordance with GAAP and includes, for greater certainty, amortization of any up front financing fees.

Depreciation Expense means, for any period with respect to the Borrowers, depreciation, amortization (excluding the amortization of contract initiation costs), depletion and other like reductions to income of the Borrowers for such period not involving any outlay of cash, determined, without duplication, on a Modified Consolidated Basis in accordance with GAAP and includes, for greater certainty, amortization of any up front financing fees.

Depreciation Expense means, for any period, as applied to any Person, the provision for depreciation that is reflected on the financial statements of such Person and its consolidated Subsidiaries in accordance with GAAP.

Depreciation Expense. With respect to any calculation of the Asset Base, means either (i) the Depreciation Policy or (ii) such other depreciation policy as may be utilized by the Manager from time to time, with the prior written consent of the Control Party for each Series.

Depreciation Expense means the depreciation expense an applicable Person for an applicable period (to the extent included in the computation of Net Income), according to Generally Accepted Accounting Principles.

Depreciation Expense has the meaning assigned to such term in the Section 2.3(c)(i)(A), below.