Depreciation Rate definition

Depreciation Rate means, in relation to a Capital Item, the depreciation rate nominated by the Trust from time to time for items of that type;

Depreciation Rate means the percentage rate applied to the original cost of an asset to yield the annual provision for depreciation.

Depreciation Rate means Equitrans’ transmission function depreciation rate as reflected in the computation of Equitrans’ jurisdictional rates for service on the Sunrise Facilities as those rates are approved by the FERC from time to time. The initial Depreciation Rate as approved in the Sunrise Certificate is two and one-half percent (2.5%).

Examples of Depreciation Rate in a sentence

• Class of Fixed Asset Depreciation Rate Plant and equipment 33.33% The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date.

• The depreciation rates used for each class of depreciable assets are: Class of Fixed Asset Depreciation Rate Plant and Equipment 5 – 33% The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date.

• The depreciation rates used for each class of depreciable assets are: Class of Fixed Asset: Depreciation Rate: Plant and Equipment 15 – 50% The assets residual values and useful lives are reviewed, and adjusted if appropriate, at each balance date.

• The Group has the following classes of property, plant & equipment and depreciation rates:Category Depreciation Rate (%)Plant & machinery 21% to 80%Fixtures & fittings 9% to 60%Vehicles 26% to 36%An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount.Gains and losses on disposal are determined by comparing proceeds to carrying amounts and are included in the statements of comprehensive income.

• The annual rates used are as follows: Depreciation Rate % Buildings 2Motor vehicles 20 – 25Furniture, fixture and office equipment 4 – 33Safe-deposit boxes 2 – 20Operational lease improvement costs (Leasehold improvements) Leasing period - 5 years Leased assets 1- 10 years The depreciation of an asset held for a period less than a full financial year is calculated as a proportion of the full year depreciation charge from the date of acquisition to the financial year end.

More Definitions of Depreciation Rate

Depreciation Rate means the depreciation rate nominated by Us from time to time for:

Depreciation Rate means, in relation to a Capital Item, the depreciation rate nominated by GRDC from time to time for items of that type (Australian Tax Office rate unless advised otherwise).

Depreciation Rate means, in relation to a Capital Item, the depreciation rate nominated by GRDC from time to time for items of that type (Australian Tax Office rate unless advised otherwise). Discovery means a Project Output that is likely to be sufficiently novel as to be eligible for patent protection or eligible for registration under the Plant Breeders Rights Act 1994 (Cth) (as advised by a patent attorney), or that is otherwise likely to offer commercial value if Commercialised. Electronic Communication has the same meaning as in the Electronic Transactions Act 1999 (Cth). Existing Biological or Genetic Material means Items comprising biological or genetic material (germplasm etc) developed prior to or independently of this Contract and made available by a Party for the Project. Financial Year means the period commencing on 1 July in each calendar year and finishing on 30 June in the next calendar year. Force Majeure Event means a circumstance beyond the reasonable control of a Party which results in a Party being unable to observe or perform on time an obligation under this Contract, including:

Depreciation Rate means, with respect to any (a) Initial ----------------- Vehicle, the applicable depreciation rate set forth in Attachment E to the Base Lease and (b) Subsequently Acquired Vehicle, the applicable depreciation rate set forth in the related Monthly Vehicle Statement for such Vehicle calculated on a monthly basis and, equal to: (i) .91% of the Capitalized Cost per month for 10-foot trucks, 15-foot trucks and parcel vans; (ii) 1.07% of the Capitalized Cost per month for 20-foot trucks and 24-foot gasoline powered trucks; and (iii) 0.76% of the Capitalized Cost per month for 24-foot diesel-powered trucks; and provided, further, that such Depreciation Rates may not be changed without the -------- ------- prior written consent of the Agent.

Depreciation Rate means the depreciation rate calculated in accordance with Australian Accounting Standards from time to time for:

Depreciation Rate means the rate at which the useful Service life of a public Street improvement deteriorates over time.

Depreciation Rate means CIG's transmission function depreciation rate as reflected in the computation of CIG's jurisdictional rates.