Common use of Net Book Value Clause in Contracts

Net Book Value. The net book value of any facility shall the be its original cost plus betterments and less retirements as recorded in its facility asset account, less life-to-date depreciation.

Appears in 2 contracts

Sources: Partial Requirements Contract for the Supply of Water, Full Requirements Contract for the Supply of Water

Net Book Value. The net book value of any facility shall the be its original cost plus betterments and less retirements as recorded in its facility asset account, less life-to-date depreciation. 8.7 Costs in each cost pool shall be calculated as follows:

Appears in 1 contract

Sources: Water Supply Agreement