Depreciation Schedule Sample Clauses
A Depreciation Schedule clause outlines how the value of an asset will decrease over time for accounting or tax purposes. It typically specifies the method of depreciation to be used (such as straight-line or declining balance), the useful life of the asset, and the frequency of depreciation calculations. This clause ensures that both parties have a clear, agreed-upon framework for tracking asset value, which is essential for accurate financial reporting and for determining tax liabilities or asset values in the event of a sale or transfer.
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Depreciation Schedule a list of all fixed asset that includes places in service date, acquisition cost, current period depreciation expense, accumulated depreciation, book value, and remaining useful life.
Depreciation Schedule. 6.1 Any Operating Costs, which are to be depreciated, shall be depreciated according to the following schedule:
Depreciation Schedule. Schedule 5.6(c) to Acquired Corporation’s Disclosure Supplement sets forth a depreciation schedule for financial reporting purposes of each Acquired Corporation Company’s fixed Assets as of December 31, 2005.
Depreciation Schedule. For purposes of calculation of all of the --------------------- financial covenants contained in this Agreement, the Company will, and will cause the Parent and each of the Company's Subsidiaries to, (a) calculate depreciation on such Person's Transportation Equipment and all other depreciable assets in accordance with the depreciation schedules for such assets set forth in Schedule 6.12, and (b) with respect to depreciable assets acquired from and after the Closing Date, calculate depreciation for such assets in accordance with depreciation schedules similar to those set forth in Schedule 6.12 for similar assets.
Depreciation Schedule. Schedule 5.16 is Company's depreciation schedule, and such schedule sets forth all material tangible personal property existing on the date hereof.
Depreciation Schedule. Date of Valuation Value
Depreciation Schedule. The Vendor will provide to the Purchaser within 90 days of the Settlement Date, a written schedule of written down values for the Chattels and Furniture which complies with Tax Ruling TR 2006/5 and the Income Tax Assessment Act 1997 (Cth) (or any amendment or replacement of this Ruling or this Act).
Depreciation Schedule. Responses of counsel to auditors' inquiries.
Depreciation Schedule. 32.1 On or before the date which is 3 business days prior to the Date for Completion, the Vendor must provide to the Purchaser details of the construction and fitout costs of the Premises (“the Schedule”) sufficient to enable the Purchaser properly to calculate the depreciation allowable to the Purchaser under Division 43 of the Income Tax Assessment Act 1997 (Cth), such Schedule to be satisfactory to the Purchaser’s accountant.
32.2 In the event that the Vendor fails to provide the Schedule to the Purchaser in accordance with this Clause 32 the Purchaser may terminate this Agreement by written notice to the Vendor in which event all moneys previously paid by the Purchaser to the Table of Contents Vendor or to the Stakeholder as the case may be must be refunded to the Purchaser by the Vendor or Stakeholder as the case may be. Table of Contents THIS AGREEMENT has been signed on the date specified at the commencement of this Agreement. THE COMMON SEAL of SIZZLER ) AUSTRALIA PTY LTD ) Director ACN 010 060 876 is affixed as required ) by the terms of its Constitution:- ) Director/Secretary THE COMMON SEAL of CRANPORT ) PTY LTD ACN 010 271 271 as Trustee for ) Director THE THIE FAMILY TRUST is affixed as ) required by the terms of its Constitution:- ) Director/Secretary Table of Contents Address: Sizzler Ipswich – ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Ipswich Description: - ▇▇▇ - ▇ - ▇▇▇▇ - ▇▇ ▇▇▇▇▇▇ - Title Reference - 16965059 - County - ▇▇▇▇▇▇▇ - ▇▇▇▇▇▇ - Ipswich Encumbrances (if any) Easement No 602424322 Drainage Easement to the Council of the City of Ipswich Table of Contents Table of Contents Table of Contents • Auto urn • Chip freezer • Chip fryers and timers • Cold room and store room shelving • Corporate signage and menu boards • Counter cache • Counters and associated refrigeration • Dishwasher and hoodwork • Display cabinets • Electric range • Facsimile • Finishing and holding cabinet • Fire extinguishers • Freestanding miscellaneous electrical equipment • Furniture (loose) and screens • Glass washer • Grills and ▇▇▇▇ line equipment • Hand dryers • Icemaker • Insect exterminators • Internal plants • Kitchen stainless steel and benches • Mechanical ventilation • Microwaves • Miscellaneous free standing refrigeration • Mixer and slicer • Music system • Office computer equipment • Ovens and complementary accessories (trolley) • Point of sale equipment • Post mix equipment • Poster holders • Prints • Safe • Salad and food bars • Security system • Shorteni...