Software Development Costs definition
Examples of Software Development Costs in a sentence
Software Development Costs -- The Company capitalizes eligible computer software development costs, which include software enhancement costs, upon the establishment of technological feasibility, which occurs upon the completion of a working model.
Software Development Costs in any twelve (12) month period shall be deemed to use first, the amount permitted for such twelve (12) month period without giving effect to any carryover amount and, second, any amount permitted to be carried forward to such twelve (12) month period.
The amount of any Software Development Costs permitted to be made in respect of any twelve (12) month period shall be increased by 100% of the unused amount of Software Development Costs that were permitted to be made during the immediately preceding twelve (12) month period pursuant hereto.
Holdings shall not make or incur any Capital Expenditures, License Advances, Exclusive Distribution Costs or Software Development Costs.
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.
Holdings shall not make or incur any Capital Expenditures, License Advances, Exclusive Distribution Advances or Software Development Costs.
Holdings shall not, and shall not permit its Subsidiaries to, make or incur License Advances and Software Development Costs, in any Fiscal Year, in an aggregate amount for it and all of its Subsidiaries in excess of $10,000,000.
Holdings shall not permit its Subsidiaries to make or incur Consolidated Capital Expenditures, License Advances, Exclusive Distribution Advances and Software Development Costs, during the period from January 1, 2008 through May 31, 2008, in an aggregate amount for all of its Subsidiaries in excess of $4,000,000; provided that Agent, in its reasonable discretion, may approve such expenditures in excess of $4,000,000.
Until twelve months after the payment of the Software Development Cost Differential (if any), Purchaser shall keep complete and accurate records of its Total Software Development Costs reasonably necessary for the calculation of the Software Development Cost Differential.
Borrower’s Capital Expenditures (other than Capitalized Software Development Costs) for the ___ month period ending _________ ___, 201__, was $_____________ and Borrower’s Capitalized Software Development Costs for the ___ month period ending _____________ ___, 201__, was $__________, which [does/does not] satisfy the requirements set forth in Section 8(d) of the Credit Agreement for the corresponding period.