Undepreciated definition

Undepreciated means, in relation to an Asset, the value of the Asset that has not been depreciated in accordance with Australian Accounting Standards (being the standards made by the Auditing and Assurance Standards Board created by section 227A of the Australian Securities and Investments Commission Act 2001 (Cth)).
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Undepreciated means, in relation to an Asset, the value of the Asset that has not been depreciated in accordance with Australian Accounting Standards (being the standards made by the Auditing and Assurance Standards Board created by section 227A of the Australian Securities and Investments Commission ▇▇▇ ▇▇▇▇ (Cth)).
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Examples of Undepreciated in a sentence

  • The ratio of Total Consolidated Liabilities to Undepreciated Book Asset Value shall at all times be equal to or less than 0.60 to 1.0.

  • If the Recipient Disposes of an Asset during the Term of this Agreement, the greater of the following proportions must, unless the Commonwealth otherwise directs, be accounted for as Funding and used for the Activity: the proportion of the sale proceeds from the Asset; or the proportion of the Undepreciated value of the Asset, that is equivalent to the proportion of the cost of the Asset that was funded from the Funding.

  • The information concerning the estimated Resource Pools and Undepreciated Capital Cost balances with respect to the Corporation and the Subsidiaries, as at January 1, 2005, is set forth in Schedule 4.22.

  • Permit the Undepreciated Real Estate Assets at any time to be less than the total of all unsecured Indebtedness of the Borrower at such time.

  • Inventory – Similar to the case of Un-depreciated Fixed Assets, there may be situations where certain items of inventory that were acquired for the project are temporarily under UNDP’s control/custody.

  • Un-depreciated Fixed Assets–There could be cases where fixed assets that belong to or are used by the project are under UNDP’s control (i.e. in situations where UNDP is providing support services to the project and there is no signed Letter of Agreement, as an example).

  • As of any date, the sum of (i) Undepreciated Real Estate Assets and (ii) all other assets of the Borrower and its Subsidiaries determined in accordance with GAAP (but excluding intangibles and accounts receivable) after eliminating intercompany accounts and transactions.

  • The Corporation and the Subsidiaries will not claim or renounce amounts in respect of the Resource Pools or Undepreciated Capital Cost balances prior to Closing except to reduce income for tax purposes of the Corporation and the Corporate Subsidiaries for their taxation years ending immediately before the Closing Date or as permitted by Section 11.1(d) or Section 11.2(a).

  • The formula measures two equally weighted factors to arrive at an allocation percentage for each Client Company: (Client Company's Labor Dollars + Client Company's Undepreciated Capital Assets) /2 = X% ------------------------------- --------------------------------------------- ( Total Labor Dollars Total Undepreciated Capital Assets ) This ratio will be revised quarterly, based on figures as of March 31, June 30, September 30 and December 31.

  • On the terms and subject to the conditions of this Agreement, at the Undepreciated Assets Closing, Seller shall Transfer to Buyer, free and clear of all Liens other than Permitted Liens, and Buyer shall Accept from Seller, all of Seller’s right, title and interest in and to the Undepreciated Assets as mutually agreed to by the Parties.