Depreciation. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the Series #MANTLE1952TOPPSPSA8 going forward. SERIES #Mantle1952ToppsPSA8 Sport Baseball Professional League Major League Baseball Player Mxxxxx Xxxxxx Team Yankees Season 1952 Memorabilia Type Cards Manufacturer Topps Card # in Set 311 Population Report 35 (PSA NM-MT 8) Subject Topps Authentication PSA 50001148 Grade NM-MT 8 Schedule II to Sixth Amendment to Collectable Sports Assets, LLC Amended and Restated Limited Liability Company Agreement Exhibit 34 Series Designation of #JORDAN85NIKEBASKET, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #JORDAN85NIKEBASKET, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment December 10, 2020 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #JORDAN85NIKEBASKET with effect from the effective date hereof and shall continue to act as the Managing Member of #JORDAN85NIKEBASKET until dissolution of #JORDAN85NIKEBASKET pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #JORDAN85NIKEBASKET shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #JORDAN85NIKEBASKET through that certain Consignment Agreement dated as of November 15, 2020, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #JORDAN85NIKEBASKET from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #JORDAN85NIKEBASKET Interests the Company can issue may not exceed the purchase price, in the aggregate, of $150,000. Number of #JORDAN85NIKEBASKET Interests held by the Managing Member and its Affiliates The Mana...
Depreciation. For the purpose of depreciation under the Applicable Laws, the property representing the capital investments made by the Concessionaire in the Project shall be deemed to be acquired and owned by the Concessionaire.
Depreciation. For those items of a capital nature that were purchased for general and administrative use.
Depreciation. The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the Series #CURRYBASKET going forward. Series Asset Specifications Sport Basketball Professional League National Basketball Association Player Sxxxxxx Xxxxx Team Golden State Warriors Season 2009-2010 Memorabilia Type Trading Cards (set of 3) Manufacturer Panini National Treasure and Topps Card # in Set (1) 64/99; (2) 1146; (3) not numbered Total Cards in Set (1) 99; (2) 2009; (3) not numbered Subject Sxxxxxx Xxxxx Authentication (1) PSA 43276099; (2) SGC 4009679-010; (3) SGC 4009679-003 Grade (1) NM-MT 8; (2) A-AUTH; (3) Auto grade 9 Exhibit 4 – Series Designation for Series #LEBRONROOKIE Exhibit 4 Series Designation of #LEBRONROOKIE, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #LEBRONROOKIE, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Effective date of establishment February 20, 2020 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #LEBRONROOKIE with effect from the effective date hereof and shall continue to act as the Managing Member of #LEBRONROOKIE until dissolution of #LEBRONROOKIE pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company. Series Asset The Series Assets of #LEBRONROOKIE shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #LEBRONROOKIE through that certain Consignment Agreement dated as of February 5, 2020, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #LEBRONROOKIE from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #LEBRONROOKIE Interests the Company can issue may not exceed the purchase price, in the aggregate, of $96,...
Depreciation the total depreciation of Borrower and its Consolidated Subsidiaries as measured in accordance with GAAP.
Depreciation. “Depreciation” shall mean, for each fiscal year or other period, an amount equal to the depreciation, amortization or other cost recovery deduction allowable with respect to an asset for such year or other period, except that if the Gross Asset 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 Gross Asset Value as the federal income tax depreciation, amortization or other cost recovery deduction for such year or other period bears to such beginning adjusted tax basis.
Depreciation. (i) depreciation rate is to reflect a life of between 40-75 years of the capital improvements on the land;
Depreciation. The fixed assets of each Group Member covered in the Existing Financial Statements have been or shall be, as applicable, depreciated in accordance with US GAAP. The value of each Asset has been properly reflected in the Existing Financial Statements in all material respects.
Depreciation. Depreciation is not charged on heritage assets which have indefinite lives.
Depreciation. Depreciation is provided for on all Property, Plant and Equipment assets by the systematic allocation of their depreciable amounts over their useful lives. An exception is made for assets without a determinable finite useful life (i.e. freehold land and certain Community Assets) and assets that are not yet available for use (i.e. assets under construction). Depreciation is calculated on the following bases: • Dwellings and other buildings – straight-line allocation over the useful life of the property as estimated by the valuer up to a maximum of 50 years. • Vehicles, plant, furniture and equipment – straight line allocation over the useful life of the asset as advised by a suitably qualified officer, mainly up to a maximum of 10 years, however, some specialised items are depreciated over up to 25 years. • Infrastructure – straight-line allocation over 40 years. • Surplus Assets – Buildings up to 50 years, Land not depreciated Where an item of Property, Plant and Equipment has a value greater than £5m and major components greater than 20% of the value of the asset, the components are depreciated separately at rates representative of their useful life. Revaluation gains are also depreciated, with an amount equal to the difference between current value depreciation charged on assets and the depreciation that would have been chargeable based on their historical cost being transferred each year from the Revaluation Reserve to the Capital Adjustment Account.
