Amortization definition

Amortization means the gradual extinguishment of an amount in an account by distributing such amount over a fixed period, which may be over the life of the asset or liability to which it applies, or over the period during which it is anticipated the benefit will be realized.
Amortization means for any period the sum of all amortization expenses of the Borrower and its Consolidated Subsidiaries for such period, as determined in accordance with GAAP.
Amortization means amortization as determined in accordance with GAAP.

Examples of Amortization in a sentence

  • The Borrower shall repay the amounts loaned to it pursuant to Section 4.1 hereof, plus interest on the unpaid amounts loaned at the rate of 2.50% per annum, in Loan Payments, due at the times and in the amounts calculated as set forth below, over a term of twenty (20) years from the Initial Loan Amortization Date.

  • F 750*, 780* ] $0 $0 $0 Amortization on Major Equip, Software License & Fees 29 F 750* , 780* $0 $0 $0 Contracted Out Expense 30 F 8* $0 $0 $0 Buildings & Grounds Expenses 31 F 9*, [excl.

  • Amortization expense was $-0- and $4,600 for the years ended September 30, 2024 and 2023, respectively, and was included as a component of interest expense on the statements of operations and changes in net assets (deficit).


More Definitions of Amortization

Amortization means the systematic spreading of expenditures or capital costs incurred for DSM programs, through regular accounting entries over a specified period of time.
Amortization means the inclusion in rates of an amount which has been deferred under ORS 757.259 or 759.200 and which is designed to eliminate, over time, the balance in an authorized deferred account. Amortization does not include the normal positive and negative fluctuations in a balancing account;
Amortization means the total amortization of Borrower and its Consolidated Subsidiaries as measured in accordance with GAAP.
Amortization as each such line item is reflected in Company's consolidated statement of cash flows prepared in conformity with GAAP and reported in a manner consistent with Company's reporting of such amount in its quarterly or annual report (as the case may be) on Form 10Q or 10K, respectively, prior to the Closing Date, whether such line items are so titled or otherwise titled, minus (iii)Haverhill Deferred Income.
Amortization means repayment of the loan and interest thereon by way of EMIs or in any other manner determined by the Lender and includes repayment of other dues, charges etc. under this Agreement. The mode of amortization is more specifically described and set out in the Schedule – A.
Amortization. The method of allocating the cost of an intangible asset over time for purposes of offsetting (deducting) such cost from revenues the asset helps to produce.
Amortization means, for any period, amortization expense of the Consolidated Companies determined on a consolidated basis in accordance with GAAP.