Specific Identification definition
Examples of Specific Identification in a sentence
Custodian uses a Specific Identification Method of lot selection as a default in most accounts in order to realize taxable gains or losses in a manner that may be most beneficial to the Client.
By signing this agreement Client issues a standing order to Custodian to use the Specific Identification Method (for which Custodian uses a long term high cost method) of tax lot selection.
By signing such order, Client issues a standing order to Custodian to use the Specific Identification Method of tax lot selection.
The Lessee at its cost and expense shall maintain, or cause to be maintained, on a current basis, records which shall contain (a) the Specific Identification of each Vehicle, (b) a copy of the Manufacturer’s factory invoice for each Vehicle and (c) the certificate of title and registration for each Vehicle, it being understood that the certificates of title will be held by the Nominee in accordance with the Nominee Agreement.
On each Funding Date, the information set forth in the Schedules to each Funding Date Lease Supplement will be true and correct in all material respects for each Vehicle covered thereby, including for each Vehicle (i) its Specific Identification and (ii) the Purchase Price thereof.