Examples of Leasehold Improvements in a sentence
Should such Member Town decline to either convey title to the Premises or itself fund the Leasehold Improvements, the District shall have the option to terminate the lease subject to the District’s complying with the provisions respecting a Proposed School Closing set forth in subparagraph (F) below.
Depreciation is calculated on the straight-line method of 20% per annum for Furniture & Fixtures, Leasehold Improvements, Motor Vehicle and Office Equipment (with the exception of Bank Note Sorting Machine calculated at 15% and DRC Equipment calculated at 33.33%); and 25% to 33.33% per annum for Computer Hardware and Software.
DEPRECIATION Vehicles 4,532 4,520 4,520 Furniture and fittings 1,600 54,150 81,587 Computer hardware and software 644,350 386,523 298,647 Office equipment 56,313 95,539 113,573 Other assets – Leasehold Improvements 0 111,508 157,703 Total Depreciation 706,795 652,240 656,030 Assets are depreciated on a straight line basis as follows: Years Vehicles 5 Furniture and fittings 5 Computer hardware and software 3 to 5 Office equipment 3 to 7 81 2011/12 Ownership Agreements NOTE 4.