Examples of Third Party Assets in a sentence
Any SRAS Third Party Assets (as defined in the SRAS Guideline) must be individually listed and the asset owner/operator identified.
The cumulative effect of this change in accounting principle as of January 1, 2004, is a charge of approximately $3.1 million, representing a reduction in Inventory of approximately $1.7 million, a reduction in Pipeline Linefill of approximately $30.3 million and an increase in Inventory in Third Party Assets of $28.9 million.
Any machinery, equipment, tools, Inventory, tooling, dies, molds, patterns, jigs, gauges, production fixtures, special material handling equipment, customer donate and containers owned by an OEM or any other third party, including third party bailed assets, (the “Third Party Assets”); provided, however, that any Contracts or other rights the Sellers have pertaining to such Third Party Assets will be transferred as part of the Acquired Assets.
At the end of each period, we reclassify the linefill in third party assets not expected to be liquidated within the succeeding twelve months out of "Inventory" (a current asset), at average cost, and into "Inventory in Third Party Assets" (a long- term asset), which is now reflected as a separate line item within other assets on the consolidated balance sheet.
At the end of each period, we reclassify the linefill in third party assets not expected to be liquidated within the succeeding twelve months out of "Inventory," at average cost, and into "Inventory in Third Party Assets" (a long-term asset), which is reflected as a separate line item within other assets on the consolidated balance sheet.