Technology asset definition

Technology asset means hardware and communications equipment not classified as traditional
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Technology asset means any owned Real Property or leased Real Property (other than any Unconsolidated Affiliate Asset) that operates or is intended to operate primarily as a telecommunications infrastructure building, an information technology infrastructure building, a technology manufacturing building or a technology office/corporate headquarter building.
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Technology asset means hardware and communications equipment not classified as traditional mainframe-based items, including personal computers, mobile computers, and other devices capable of storing and manipulating electronic data.
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Examples of Technology asset in a sentence

  • In the fourth quarter of 2005, management made a decision to write off the value of the Technology asset and nominal goodwill acquired by the Company on the purchase of Astris sro.

  • For Information Technology, asset management includes maintaining an accurate inventory of IT equipment, knowing what licences are for associated equipment, the maintenance and protection (lock-down, controlled room, etc) of equipment.

  • The other elements of the basis 2 are obtained by white box(h) additions on an 2.

  • Managed Services” means proactive management of an ICT (Information and Communication Technology) asset by a third party typically known as a Managed Service Provider (“MSP”), on behalf of a customer.

  • Your use of any Lubrizol Information Technology asset or system demonstrates your consent to this monitoring.

  • He/she ensures processes and procedures are followed with regards to Application Technology asset control, including contract and licensing requirements.

  • All users of Lubrizol Information Technologies are responsible for immediately reporting the loss or theft of any Lubrizol Information Technology asset, or the loss of any Technology asset that contains Lubrizol information to the IS Solution Center, a local or regional IS contact, or IS Information Security.

  • Ministry of Municipal Affairs and Housing - Municipal Modernization Fund Announcement Council provided consensus to proceed with an application for a Information Technology asset review, along with information technology modernization options including banking or paperless options.

  • The purchase price allocated to these intangible assets was based on management’s forecasted cash inflows and outflows to calculate the fair value of assets purchased with consideration to other factors, including an independent valuation of management’s assumptions.Capitalized software development cost, amounting to $6,101 has been re-characterized as identifiable intangible asset (Technology asset - refer note 3(d)).

  • Therefore under US GAAP, in the Consolidated Statement of Operations, there will be a new expense for, Net Technology Assets written off of $1,296,971 resulting in an increase in the operating expenses for that amount with the result of now increasing the loss to total ($3,704,075) and in the Balance Sheet, there is no Technology asset and a corresponding increase in the deficit of $1,296,971 leaving a total Shareholders Equity at quarter end of $297,073.


More Definitions of Technology asset

Technology asset means each Data Center Asset and Other Asset.
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Technology asset. [Insert Name]
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Technology asset means all computer hardware, software and services used to collect, process and transmit Information Assets. This includes workstations, phones, tablets, keyboards and other data input or output devices. Software includes word processing software, desktop, server and hardware operating systems, business software packages, network management tools, development tools, courseware and device drivers.
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Related to Technology asset

  • Technology means any and all technical information and/or materials, including, without limitation, ideas, techniques, designs, sketches, drawings, models, inventions, know-how, processes, apparatus, methods, equipment, algorithms, software programs, data, software source documents, other works of authorship, formulae and information concerning engineering, research, experimental work, development, design details and specifications.

  • High-technology activity means that term as defined in section 3 of the Michigan economic growth authority act, 1995 PA 24, MCL 207.803.

  • Intellectual Property Assets means all Intellectual Property that is owned by Seller and used in or necessary for the conduct of the Business as currently conducted.

  • Assistive technology device means any item, piece of equipment, or product system that is used to increase, maintain, or improve the functional capacities of a child with a disability.

  • distributed ledger technology or ‘DLT’ means a technology that enables the operation and use of distributed ledgers;

  • Vector means an insect or other animal which normally transports an infectious agent that constitutes a public health risk;

  • Licensed Intellectual Property means all Intellectual Property in which the Company holds any rights or interests granted by other Persons, including Seller or any of its Affiliates.