Qualifying Asset definition

Qualifying Asset in relation to any Project Financing means:
Qualifying Asset means any asset shown on the person's books and records for the first fiscal period ending after July 12, 2007, in accordance with generally accepted accounting principles.
Qualifying Asset means a loan which satisfies the following criteria:-

Examples of Qualifying Asset in a sentence

  • Qualifying Asset is one that necessarily takes substantial period of time to get ready for intended use.

  • To align with the provisions of the Act, the definition of Qualifying Asset in the TAS (BC) is modified.

  • A Qualifying Asset is an Asset that necessarily requires a substantial period of time to get ready for its intended use or sale.

  • As per AS-16 a Qualifying Asset is an asset that necessarily takes a substantial period of time to get ready for its intended use or sale.

  • The average is referred to as the Average Qualifying Asset Percentage for the Tax Period.


More Definitions of Qualifying Asset

Qualifying Asset in relation to any project means:
Qualifying Asset means an asset other than—
Qualifying Asset means a loan disbursed by MFI, which satisfies the following criteria:
Qualifying Asset means an asset that is registered in accordance with a scheme made under article 39 of the Exchange Control Act or article 11 of the External Transactions Act;
Qualifying Asset means a qualifying asset within the meaning of section 110 of the Taxes Act;
Qualifying Asset means any asset shown on the qualify- ing taxpayer’s books and records on December 31, 2000, in accordance with generally accepted accounting principles, including the cost of, or any portion of the cost of, any asset acquired after December 31, 2000, where such asset was acquired as a result of a tax-free or tax-deferred exchange of a qualifying asset. See O.R.C. section 5733.0510(A)(3).
Qualifying Asset has the meaning given to that term in clause 16.2.1;