Depreciated definition
Examples of Depreciated in a sentence
Depreciated value shall be calculated on the basis of a useful life of four (4) years commencing on the date of purchase and shall be an equal amount per year over said useful life.
On termination of this PPP Agreement in accordance with this Clause 26, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Sale Assets and Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination but also pay the Private Party the depreciated value for any capital investments made.
The Depreciated Historical Cost (“DHC”), wherever applicable, shall be computed based on the following norms: The depreciation shall be calculated on straight-line basis.
Depreciated value shall be calculated on the basis of a useful life of five (5) years commencing on the date of purchase and shall be an equal amount per year over said useful life.
Depreciated book value may be higher than retail fair market value.
Depreciated value shall be calculated on the basis of a useful life of seven (7) years commencing on the date of purchase and shall be an equal amount per year over said useful life.
Depreciated costs of equipment can never exceed the purchase price of the equipment.
The Parties shall meet to agree upon a price within 90 days of the receipt of notice under Sections 13.1 or 13.2. The price shall be fixed by determining the terminating/selling Party’s interest in the subject assets using the Depreciated Replacement Cost Value.
Such credit shall be based on the Depreciated Replacement Value (as defined below) of the failed part.
Customer's liability for any Vehicle will not exceed the Depreciated Value of the Vehicle, as defined in Paragraph 11 A(2), at the time of such loss or damage.