Fixed or Capital Assets definition

Fixed or Capital Assets of a Person at any date means all assets which would, in accordance with GAAP consistently applied, be classified on the balance sheet of such Person as property, plant or equipment at such date.

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Fixed or Capital Assets of a Person at any date means all assets that would, in accordance with GAAP consistently applied, be classified on the balance sheet of such Person as property, plant or equipment at such date.

Fixed or Capital Assets of a Person means, at any date or for any period of determination, all capitalized expenditures for property and equipment on such date or during such period.

Examples of Fixed or Capital Assets in a sentence

The Borrowers shall furnish to the Lender within forty-five (45) days after the end of each fiscal quarter, a report listing of all Fixed or Capital Assets by component, cost, category and location, in such detail, and accompanied by such supporting information as the Lender may from time to time reasonably request.
The Borrower shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds Five Hundred Thousand Dollars ($500,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.
Each of the Borrowers shall deliver to the Agent a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets (other than Capital Expenditures permitted by Section 6.2.20 of this Agreement) which exceeds Two Hundred Fifty Thousand Dollars ($250,000.00), said notices to be delivered to the Agent within thirty (30) days of the occurrence of each such transaction.
Each of the Borrowers shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets (other than Excluded Assets) which exceeds Two Hundred Fifty Thousand Dollars ($250,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.
Each of the Borrowers shall deliver to the Lender, a written report describing in detail each transaction involving such Borrower's purchase, sale, lease, or other acquisition or disposition of an interest in Fixed or Capital Assets which exceeds One Million Dollars ($1,000,000), such reports to be delivered to the Lender within ten (10) days of the occurrence of each such transaction.
Each of the Obligors shall deliver to the Lender a written notice describing in reasonable detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds Two Hundred Thousand Dollars ($200,000) or the Euro Currency Equivalent thereof, said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.
The Borrower shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds Fifty Thousand Dollars ($50,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.
Each of the Borrowers shall deliver to the Administrative Agent a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds One Million Dollars ($1,000,000), said notices to be delivered to the Administrative Agent within thirty (30) days of the occurrence of each such transaction.
Each of the Borrowers shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds One Hundred Fifty Thousand Dollars ($150,000), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.
The Borrower shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or Casualty to or disposition or Condemnation of an interest in Fixed or Capital Assets which exceeds Two Hundred Fifty Thousand Dollars ($250,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

More Definitions of Fixed or Capital Assets

Fixed or Capital Assets of a Person at any time means all assets of such Person which would, in accordance with GAAP, be classified as property, plant and equipment at such date.

Fixed or Capital Assets means and includes all assets which are defined or classified as fixed or capital assets in accordance with GAAP.

Fixed or Capital Assets of a Person at any date means all assets