Straight Line Depreciation definition

Straight Line Depreciation means the method by which the value of District equipment is depreciated (reduced) over its service or useful life as a percentage of its cost.
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Straight Line Depreciation means the amortization of the cost of assets through equal annual charges over the estimated service life of an asset.
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Straight Line Depreciation means depreciation computed using the straight line method applicable in calculating the regular federal tax. For this purpose, the applicable recovery period shall be seven years for depreciable tangible personal mining property and depreciable tangible personal property appurtenant to a mine, and 39 years for depreciable real mining property and depreciable real property appurtenant to a mine.
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Examples of Straight Line Depreciation in a sentence

  • In the event that Recipient must repay Grant Funds, the repayment amount will be determined using the Straight Line Depreciation method.


More Definitions of Straight Line Depreciation

Straight Line Depreciation means depreciation computed 5. Where the discount rate is derived through the use of using the straight line method applicable in calculating the regular publicly available information of other companies, the Property Tax federal tax. For this purpose, the applicable recovery period shall Division shall select companies that are comparable to the be seven years for depreciable tangible personal mining property productive mining property. In making this selection and in and depreciable tangible personal property appurtenant to a mine, determining the discount rate, the Property Tax Division shall and 39 years for depreciable real mining property and depreciable consider criteria that includes size, profitability, risk, real property appurtenant to a mine. diversification, or growth opportunities.
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Straight Line Depreciation means the calculation of the amount of the depreciation deduction allowed under Section 1002(y)(10) of Title 40 for a depreciable asset by applying the straight-line rate specified in Regulation 202 against the cost of the asset in accordance with these Regulations.
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Related to Straight Line Depreciation

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

  • 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).

  • 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.

  • 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.

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.