NET Property definition

NET Property means any tram, tram stop, the NET Depot, NET retail outlet and the car parks ( including Park and Ride Sites) operated by NTL.
NET Property shall have the meaning set forth in Section 2.05 of the Twenty-Second Supplemental Indenture.
NET Property means the aggregate amount of the assets of the Company includible in the categories of "property, plant and equipment" less the amount of accumulated depreciation and amortization attributable to such assets, that is reflected on the Company's balance sheet prepared in accordance with generally accepted accounting principles, consistently applied, and "Secured Indebtedness" shall mean indebtedness of the Company for money borrowed and secured by a lien upon the property of the Company.

Examples of NET Property in a sentence

  • Any notice to PHA must be in writing and either delivered to the PHA Office or sent by prepaid first class mail properly addressed to: Atlanta Property Management, DBA: NET Property Management, P.


More Definitions of NET Property

NET Property means inter alia any tram, tramstop, the NET Depot and the car parks (including Park and Ride Sites) operated by the Operator;
NET Property. Income" in relation to a Real Estate, whether directly held by the Trustee or indirectly held by the Trustee through a Special Purpose Vehicle, and in relation to any Financial Year or part thereof, means its Property Income less Property Expenses for such Real Estate for that Financial Year or part thereof, pro-rated, if applicable, to the proportion of the interest of the Trust in the Real Estate (if held directly by the Trustee) or (as the case may be) the relevant Special Purpose Vehicle (if the Real Estate is held indirectly by the Trustee through the Special Purpose Vehicle);
NET Property. ' means the amount by which the aggregate value, computed in accordance with the provisions of this Ordinance, of the property of any person on the valuation date is in excess of the aggregate value of all the debts owed by him on that date other than-