Tangible Asset definition

Tangible Asset means any physical item or group of items, including (but not limited to) land, buildings, plant and equipment, that is purchased, donated or developed together, which cost more than the Capitalisation Threshold; and has an economic life of twelve (12) Months or more; and is purchased, developed or maintained wholly or partially using the Grant;
Tangible Asset means a physical asset purchased by the Applicant for the purpose of establishing or operating the Business, and may include furniture, office equipment, computers, tools, machinery or fixtures, and may also include inventory, vehicles or real estate if determined eligible by the Program in accordance with Schedule A to this Agreement, but shall not include cash; and
Tangible Asset means any tangible movable asset. Except in article 2, subparagraphs (b), (l), (q), (s) and (cc), and articles 11, 20, 33, 34 and 38-42, the term includes money, negotiable instruments, negotiable documents and certificated non-intermediated securities;

Examples of Tangible Asset in a sentence

  • Subsequent expenditures related to an item of Tangible Asset are added to its book value only if they increase the future benefits from the existing asset beyond its previously assessed standard of performance.

  • The useful life indicated for the asset types below was assigned by the municipality and obtained from the municipality’s accounting data as maintained in the CityWide® Tangible Asset module.

  • The aforementioned transaction size is more than 3 percent of the Company’s Net Tangible Asset.

  • The cost of Tangible Assets comprises its purchase price, borrowing cost and any cost directly attributable to bringing the asset to its working condition for its intended use, net charges on foreign exchange contracts and adjustments arising from exchange rate variations attributable to the assets.Subsequent expenditures related to an item of Tangible Asset are added to its book value only if they increase the future benefits from the existing asset beyond its previously assessed standard of performance.

  • Each such Tangible Asset is free from material defects (patent and latent), has been maintained in accordance with normal industry practice, is in good operating condition and repair (subject to normal wear and tear), and is suitable for the purposes for which it presently is used.


More Definitions of Tangible Asset

Tangible Asset means real property or personal property, such as buildings and machinery.
Tangible Asset means any physical asset (excluding real property), including but not limited to:
Tangible Asset means any physical asset (excluding real property or marine stimulation vessels not specifically identified as part of the Divestiture Assets), including, but not limited to:
Tangible Asset means all types of goods and includes motor vehicles, crops, machineries, livestock;
Tangible Asset means, for the purposes of calculating eligible costs, investments in land which are strictly necessary in order to meet environmental objectives, investments in buildings, plant and equipment inten­ ded to reduce or eliminate pollution and nuisances, and investments to adapt production methods with a view to protecting the environment;
Tangible Asset means an asset that is physical in nature, such as buildings and machinery.
Tangible Asset means real property or personal property, such as buildings, furniture, equipment and machinery;