Land improvements definition

Land improvements means any improvement to the land surrounding the facility used directly for resident care and identified as such in the depreciation guidelines.

Land improvements means all buildings, structures and other improvements of every kind or description and any and all Alterations now or hereafter located, attached or erected on the Land, including, without limitation, (i) all Fixtures, (ii) all attachments, railroad tracks, foundations, sidewalks, drives, roads, curbs, streets, ways, alleys, passages, passageways, sewer rights, parking areas, driveways, fences and walls and (iii) all materials now or hereafter located on the Land intended for the construction, reconstruction, repair, replacement, alteration, addition or improvement of or to such buildings, Fixtures, structures and improvements, that are also incorporated therein.

Land improvements means all buildings, structures, fixtures and improvements located on the Acquired Real Property or included in the Purchased Assets, including those under construction.

Examples of Land improvements in a sentence

• Land improvements are amortized over 30 years (recreation areas) or 40 years (dams and water management systems).

• Land improvements include such items as excavation, non-infrastructure utility installation, driveways, sidewalks, parking lots, flagpoles, retaining walls, fences, and outdoor lighting.

• The depreciation periods for property, plant and equipment, which approximate the useful lives of assets concerned, are as follows: Land improvements 5 - 50 yearsBuildings 10 - 50 yearsMachinery, plant and equipment 3 - 20 yearsMotor vehicles 4 - 5 yearsFurniture and fixtures 3 - 20 yearsLeasehold improvements 5 - 10 yearsOther tangible assets 2 - 20 years Land is not depreciated due to having infinite useful life.

• Depreciation Methodology: Land improvements that are inexhaustible assets are not depreciated.

• The Group’s investment properties are depreciated using the straight-line method over their estimated useful lives (EUL) as follows: Land improvements 5 to 10 yearsBuildings and improvements 10 to 30 years The depreciation and amortization method and useful life are reviewed periodically to ensure that the method and period of depreciation and amortization are consistent with the expected pattern of economic benefits from items of investment properties.

More Definitions of Land improvements

Land improvements means all work necessary in connection with the development of the Land, including excavation; roads and roadways; curbs; gutters; storm drains; flood control ditches and causeways; sidewalks; joint trenches for power, gas, sewer, domestic water and irrigation; sanitary tie-ins; reparcelization and subdivisions; traffic mitigation improvements; grading (including obtaining any necessary slope easement rights from adjacent land owners and installation and proper compaction, reinforcement, and seeding of such slopes); and other land improvements, including, without duplication, Common Improvements, in each case to the extent the costs of construction of which are allocable to the Land under generally accepted accounting principles, consistently applied by the Lessee.

Land improvements means any capital improvements to be constructed on the Project Site, including without limitation, streets, sewers, storm drains, utilities, water connections, landscaping, grading, and similar capital improvements.

Land improvements means any improvements constructed and/or to be constructed on the Project Site.

Land improvements means such items as paving, tunnels, underpasses, on-site sewer and water lines, parking lots, shrubbery, fences, walls, etc., the replacement of which is the responsibility of the facility;

Land improvements means the clearing draining or ;• Land grading of land, the preparation of land for irrigation, merits." the sowing of annual or fodder crops or of grass or pasture, and soil improvement.

Land improvements means works of improvement to be constructed within the Ocean Ranch Subdivision, and, if necessary, portions of the Land, as required under the Ocean Ranch Contract or to otherwise satisfy Legal Requirements by Ocean Ranch Developer and for the issuance of the Entitlements, as more particularly provided in the Ocean Ranch Contract, consisting of curbs, gutters, sidewalks, street lighting, streets, off-site storm drains and Utilities as necessary to provide for ingress and egress to and from the property line of the Property and to provide for Utilities to the perimeter boundary of the Property and grading as required to deliver the Property ready for construction of the Building Shell Improvements in a "rough graded" condition in substantial conformance with the Government-approved Grading Plans described in the Ocean Ranch Contract, subject to any modifications required by the Government in connection with the approval of the Parcel Map or the Entitlements.

Land improvements means, as applicable the Traville Land Improvements and/or the Manufacturing Facility Land Improvements.