Tangible Capital Assets definition
Tangible Capital Assets means non-financial assets having physical substance that
Tangible Capital Assets means non-financial assets that are managed by the Municipality and which have physical substance that are held for the production or supply of goods or services, for rental to others, for administrative purposes or for development, construction, maintenance or repair of other tangible capital assets, have useful economic lives extending beyond an accounting period, are used on a continuing basis, and are not for sale in the ordinary course of operations. Tangible Capital Assets include all Local Improvements that are transferred to the Municipality in accordance with this Agreement.
Tangible Capital Assets means assets that are held for use in the production or supply of goods and services, for rental to others, for administrative purposes or for the development, construction, maintenance, or repair of other tangible capital assets; have useful economic lives extending beyond an accounting period; are to be used on a continuing basis; and are not for sale in the ordinary course of operations.
Examples of Tangible Capital Assets in a sentence
For clarity, a Final Acceptance Certificate will not be issued by the Municipality if the Developer fails to deliver all required updated testing records, record drawings, and Tangible Capital Assets information to the Municipality’s satisfaction or prior to the expiration of the Warranty Period.
For clarity, a Construction Completion Certificate will not be issued by the Municipality if the Developer fails to deliver all required testing records, record drawings, and Tangible Capital Assets information to the Municipality’s satisfaction.
Assisting and signing off on all Public Sector Accounting Board (PSAB) related activities as it relates to the purchase and recording of Tangible Capital Assets and Post Employment Liabilities.
More Definitions of Tangible Capital Assets
Tangible Capital Assets means physical and measurable assets that are used in the organization's operations. These assets may include buildings, equipment, and machinery.
Tangible Capital Assets means the tangible capital assets presented on the statement of financial position of the NPO representing identifiable tangible assets that meet all of the following criteria