Depreciation policies definition

Depreciation policies means the determination of the estimated useful life of a depreciable asset in its normal operating or service life. The useful lives of hospital assets shall be based on the most recent American Hospital Association’s useful life guidelines for depreciable assets.
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Depreciation policies. Xxxxxx'x depreciation policies are as set forth on Exhibit F. These policies have been in effect without change since January 1, 1997.
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Depreciation policies means the determination of the estimated useful life of a depreciable asset in its normal operating or service life. The useful lives of hospital assets
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Examples of Depreciation policies in a sentence

  • Depreciation policies and the estimated useful lives for the current and comparative periods for investment property are consistent with those described for other property, plant and equipment.

  • CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS (continued) 4.1 Critical accounting estimates and assumptions (continued)(e) Depreciation policies (continued)The Directors therefore make estimates based on historical experience and use best judgement to assess the useful lives of assets at the end of their expected useful lives.

  • Particularly important in this regard is information on the fair value of an asset, which can be obtained through the application of appropriate Depreciation policies.

  • The implementation was done in the widely-used machine learning framework Tensorflow and some components from the open-source library for physical layer research – Sionna [15].

  • Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Leasehold improvements – 1 to 22 years Office equipment – 1 to 15 years Depreciation policies are reviewed on a regular basis and are revised in line with actual useful life compared to original estimates.

  • The items in the financial statements where estimates and judgements have been made include the following: Critical accounting estimates and assumptions:  Depreciation policies are selected by the Charity to depreciate the asset over its useful economic life.

  • Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Freehold property – 5 to 40 years Leasehold improvements – 1 to 22 years Office equipment – 1 to 15 years Depreciation policies are reviewed at appropriate intervals and are revised in line with actual useful life compared to original estimates.

  • Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Freehold property – 5 to 40 years Leasehold improvements – 3 to 15 years Office equipment – 2 to 15 years Depreciation policies are reviewed on a regular basis and are revised in line with actual useful life compared to original estimates.

  • Depreciation policies reflect the use of the straight-line method with useful lives of three, five, or seven years.

  • Depreciation policies for leased assets are consistent with the depreciation policies applied for similar Group-owned assets.

Related to Depreciation policies

  • Allocation Policy means the allocation policy of the Company adopted by the Managing Member in accordance with Section 5.1.

  • Valuation Policy has the meaning assigned to such term in Section 5.12(b)(ii)(B).

  • Collection Policy means the collection policies of the Seller/Servicer, which are the practices and procedures employed in the servicing of Receivables as of the Closing Date, as described in Exhibit E hereto.

  • Delinquency Collection Policies and Procedures The delinquency collection policies and procedures of the Interim Servicer, a copy of which is attached to the Interim Servicing Agreement as Exhibit 11.

  • Past Practices shall have the meaning set forth in Section 3.5.

  • Depreciation means, for each fiscal year, an amount equal to the federal income tax depreciation, amortization, or other cost recovery deduction allowable with respect to an asset for such year, except that if the Carrying Value of an asset differs from its adjusted basis for federal income tax purposes at the beginning of such year or other period, Depreciation shall be an amount which bears the same ratio to such beginning Carrying Value as the federal income tax depreciation, amortization, or other cost recovery deduction for such year bears to such beginning adjusted tax basis; provided, however, that if the federal income tax depreciation, amortization, or other cost recovery deduction for such year is zero, Depreciation shall be determined with reference to such beginning Carrying Value using any reasonable method selected by the General Partner.

  • Credit and Collection Policies or “Credit and Collection Policy” means the policies, practices and procedures adopted by the Issuer on the Closing Date, including the policies and procedures for determining the creditworthiness of Obligors and the extension of credit to Obligors, or relating to the maintenance of those types of receivables and the related equipment and collections on those types of receivables and the related equipment.

  • Cancellation Policy Day tour cancellations are accepted by phone, mail, or email to xxxxxxx.xxxxxxxxxx@xxxxxxx.xxx. Refunds will be provided within 30 days from the date of cancellation. The following cancellation penalties apply:

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • Servicer Policies and Practices means, with respect to the Servicer’s duties under Exhibit A to the Servicing Agreement, the policies and practices of the Servicer applicable to such duties that the Servicer follows with respect to comparable assets that it services for itself and, if applicable, others.

  • Order Execution Policy means the Brooks Macdonald policy explaining the steps taken to provide best execution in accordance with the FCA Rules.

  • Credit and Collection Policy means Seller’s credit and collection policies and practices relating to Contracts and Receivables existing on the date hereof and summarized in Exhibit VIII hereto, as modified from time to time in accordance with this Agreement.

  • Book Depreciation means, with respect to any Company asset for each Fiscal Year, the Company’s depreciation, amortization, or other cost recovery deductions determined for federal income tax purposes, except that if the Book Value of an asset differs from its adjusted tax basis at the beginning of such Fiscal Year, Book Depreciation shall be an amount which bears the same ratio to such beginning Book Value as the federal income tax depreciation, amortization, or other cost recovery deduction for such Fiscal Year bears to such beginning adjusted tax basis; provided, that if the adjusted basis for federal income tax purposes of an asset at the beginning of such Fiscal Year is zero and the Book Value of the asset is positive, Book Depreciation shall be determined with reference to such beginning Book Value using any permitted method selected by the Board in accordance with Treasury Regulation Section 1.704-1(b)(2)(iv)(g)(3).

  • Accounting Policies means the accounting policies and procedures set out in Part C of Schedule 4 (Accounting Policies);

  • Policies shall have the meaning specified in Section 6.1(b) hereof.

  • Consolidated Depreciation and Amortization Charges means, for any period, the aggregate of all depreciation and amortization charges for fixed assets, leasehold improvements and general intangibles (specifically including goodwill) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Best Execution Policy means the Company’s prevailing policy available at the Company’s Website regarding best execution when executing client orders;

  • Consolidated Depreciation Expense means, for any period, the depreciation expense of Borrower and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Investment Policies means the investment objectives, policies, restrictions and limitations set forth in the “BUSINESS” section of its Registration Statement, and as the same may be changed, altered, expanded, amended, modified, terminated or restated from time to time.

  • Depreciation and Amortization means the depreciation and amortization accruing during any period of determination with respect to a Person, as determined in accordance with GAAP.

  • Consolidated Depreciation and Amortization Expense means, with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees or costs, capitalized expenditures, customer acquisition costs and incentive payments, conversion costs and contract acquisition costs, the amortization of original issue discount resulting from the issuance of Indebtedness at less than par and amortization of favorable or unfavorable lease assets or liabilities, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

  • Past Practice means past practices, accounting methods, elections and conventions.

  • Credit Guidelines means the policies of Credit Acceptance, relating to the extension of credit to automobile, light-duty truck, minivan and/or sport utility dealers and consumers in respect of retail installment contracts for the sale of automobiles, light-duty trucks, minivans and/or sport utility vehicles including the policies for determining creditworthiness of such dealers and consumers and otherwise relating to the extension of credit to dealers and consumers and the maintenance of installment sale contracts, as in effect on the Cut-off Date and as amended from time to time in accordance with the Basic Documents or in accordance with Applicable Law, attached hereto as Exhibit H.

  • financial recovery plan means a plan prepared in terms of section 141 of the MFMA

  • Support Policy shall have the meaning given to it in the Support Terms (defined below).

  • D&O Policies has the meaning set forth in Section 8.06.