Net Book Value definition

Net Book Value means the net book value of the relevant Supplier Asset(s) calculated in accordance with the depreciation policy of the Supplier set out in the letter in the agreed form from the Supplier to the Costumer of even date with this Call Off Contract;
Net Book Value means with respect to any asset of any Person (a) other than accounts receivable, the gross book value of such asset on the balance sheet of such Person, minus depreciation in respect of such asset on such balance sheet and (b) with respect to accounts receivable, the gross book value thereof, minus any specific reserves attributable thereto.
Net Book Value means, with respect to any asset or property at any time, the net book value of such asset or property as reflected on the most recent balance sheet of the Issuer at such time, determined on a consolidated basis in accordance with GAAP.

Examples of Net Book Value in a sentence

  • Depreciation relating to the gas segment is determined by applying a percentage which reflects the proportion of the Net Book Value of oil and gas properties that relates to gas investment costs (i.e. cost for the gas processing facilities).The Group accounting policies are also applied in the segment reports.

  • Cost Accumulated Depreciation December 31, 2019-----Depreciation1115-17November 30, 20201115-17Depreciation4633-43December 31, 20215748-60 Net Book Value November 30, 202010576370461December 31, 2021127043269394 Property and equipment items were acquired pursuant to the Option and Sale Agreement with PEC (Note 1).

  • The form shall include the following information:• Descriptions of all items.• Quantity and extended accounting value listed by product line.• Estimated salvage value, or if none, a statement to that effect.• Net Book Value (Extended accounting value less applicable reserves).• Reason for obsolete or excess stock.

  • Book Depreciation Rate2.44%2.44%2.44%2.44%2.31%2.31%4 Annual Book Depreciation$ 146$ 146$ 146$ 146$ 138$ 138 $ 859 5 Net Book Value at 12-31-10 $ (5,116)6 Tax Depreciation Rate3.75% 9 Amount to be Excluded from Rate Base $ (4,630) Note:(1) This schedule shows the effect on rate base of the incentive compensation disallowed in ICC Dkt.

  • Debt (continued) Mortgage DebtA summary of the terms of the mortgage debt outstanding at September 30, 2004 and December 31, 2003, and the related interest rate and Net Book Value ("NBV") of the associated collateral as of September 30, 2004, is as follows (in thousands): September 30,2004December 31,2003 Effective Interest Rate NBVDue July 2008 (1) .............


More Definitions of Net Book Value

Net Book Value means the carrying value of each of the Assets as reflected on the books of Seller as of the Closing Date in accordance with GAAP and consistent with the accounting policies and practices of Seller in effect as of the date of this Agreement.
Net Book Value means the historical cost of an
Net Book Value means the carrying value of each of the Assets as reflected on the books of Seller in accordance with GAAP and consistent with the accounting policies and practices of Seller in effect as of the date of this Agreement.
Net Book Value means, with respect to any Leased Vehicle as of any day, the Gross Capitalized Cost of such Leased Vehicle minus accumulated depreciation of the such Leased Vehicle.
Net Book Value means the historical cost of an asset less
Net Book Value means, with respect to any Lease Vehicle, as of any date of determination, the excess (if any) of (i) the Capitalized Cost of such Lease Vehicle over (ii) the Accumulated Depreciation with respect to such Lease Vehicle, in each case as of such date.
Net Book Value has the meaning specified in the Lease.