Capitalized Software definition

Capitalized Software of any Person shall mean, for any period, all expenditures (whether paid in cash or accrued as liabilities during such period) of such Person which would be classified as capitalized software in accordance with GAAP.

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Capitalized Software means at any date, the amount of the asset shown as Purchased and Developed Software on a consolidated balance sheet of the Borrower and its Subsidiaries prepared in accordance with GAAP.

Capitalized Software means all costs involved in the development, improvement or enhancement of new or existing proprietary software that are not expensed as incurred.

Examples of Capitalized Software in a sentence

• Capitalized Software Expenditures: for any period, the aggregate of all expenditures (whether paid in cash or accrued as liabilities) by a Person and its Restricted Subsidiaries during such period in respect of purchased software or internally developed software and software enhancements that, in conformity with GAAP, are or are required to be reflected as capitalized costs on the consolidated balance sheet of such Person and such Subsidiaries.

• Permit the addition to Capitalized Software Cost at any time to exceed twenty percent (20%) of EBITDA for the immediately preceding four (4) calendar quarters.

• The Borrower will not permit the sum of Property Acquisition Costs and Capitalized Software Costs for (a) fiscal year 2000 to exceed $84,000,000 and (b) fiscal year 2001 to exceed $93,000,000.

• Permit Capitalized Software Expenditures to exceed $30,000,000 in any fiscal year of Pagaya Parent.

• TNW is defined as net worth plus Subordinated Debt (debt which is formally subordinated to the Lender) less intangibles (including but not limited to Goodwill, Capitalized Software and Excess Purchase Costs).

• Stonegate Mortgage Corporation By: Name: Title: Net Worth (book) $ Subordinated Debt (maturity >Bof A line maturity) — Capital Contributions during QTR or previous Qtr (monthly) — Goodwill — Patents — Trademarks — Capitalized Software costs — Trade names — Copyrights — Franchise and Deferred charges — Receivables due from Affiliates — Tangible Net Worth Covenant = $[ ].

• At all times the annual total of Capital Expenditures plus Capitalized Software Development Costs shall not exceed (i) Four Hundred and Twenty Thousand Dollars ($420,000) during calendar year 2013, and (ii) One Hundred Thousand Dollars ($100,000) during each calendar year after 2013.

• The Company shall not, nor shall it permit any Subsidiary to, allow Unamortized Capitalized Software Development Costs to exceed the sum of (i) for the fiscal year of the Company ended October 2, 1998, the amount of Unamortized Capitalized Software Development Costs reflected in the consolidated balance sheet of the Company and its Subsidiaries for such fiscal, plus (ii) for each fiscal year of the Company ending after October 2, 1998, $1,000,000 for each such fiscal year.

• Notwithstanding anything herein to the contrary, for the purposes of calculating Seller Note EBITDA, Capitalized Software or LTM Capitalized Software, as applicable, shall not exceed $20,000,000 and, with respect to any Acquired Business, the Capitalized Software or LTM Capitalized Software, as applicable, attributable to such Qualified Business shall be limited to the Qualifying Percentage thereof.

• At all times the total of Capital Expenditures plus Capitalized Software Development Costs shall not exceed One Hundred Thousand Dollars ($100,000) during each fiscal year, commencing with the 2014 fiscal year.

More Definitions of Capitalized Software

Capitalized Software means costs relating to software development (including as programmer compensation, software testing and other direct and indirect overhead costs) that are capitalized on a company’s balance sheet instead of being expensed as incurred.

Capitalized Software means the aggregate amount of any capitalized software development costs, including costs of computer software developed or purchased for internal use, by Purchaser and its Subsidiaries under Accounting Standards Codification 350 Intangibles – Goodwill and other during the Measurement Period (or, if determined in connection with a Triggering Change of Control, LTM Period).

Capitalized Software means the amount identified on the --------------------- consolidated balance sheet of the Borrower as "Capitalized software costs, net".

Capitalized Software means, for any Person at the time any determination thereof is made, any lease or cost of software capitalized on the balance sheet of such Person in accordance with GAAP.