Depreciation Fund definition

Depreciation Fund means the fund herein so designated and designed to provide for the replacement of depreciated or obsolete parts of the System and for improvements, betterments and extensions of the System, as established by the provisions of Section 7.06 hereof.

Depreciation Fund means the fund by such name established pursuant to the Indenture. "Enabling Law" means Chapter 28, Title 11 (Section 11-28-1 et seq.) of the Code of Alabama

Depreciation Fund means the Jefferson County Sewer System Funded Depreciation Fund established pursuant to the Indenture.

Examples of Depreciation Fund in a sentence

• No money shall at any time be withdrawn from such deposit accounts except for the purposes of the Funds and Accounts as authorized in this Resolution; except that moneys from time to time on hand in the Funds and Accounts may at any time, in the discretion of the City’s governing body, be invested in securities permitted by the provisions of SDCL 4-5-6; provided, however, that the Depreciation Fund may be invested in such securities maturing not later than ten years from the date of the investment.

• The vehicles received from the ILEA are to be sold at public auction, with the receipts to be deposited in the Depreciation Fund used to purchase new vehicles for the DPS.

• The Depreciation Fund is to be created for replacement of capital assets.

• Under this method amount of depreciation includes some portion of the asset and some portion of this expectedamount of interest also.4. Depreciation Fund Method: In this method, Govt.

• Amount of depreciation is not deducted from the value of the asset;instead it is transferred to the credit side of Depreciation Fund A/c.

More Definitions of Depreciation Fund

Depreciation Fund means the fund established in accordance with Section 4 of this Exhibit G. "Depreciation Reserve Requirement" means an amount as shall be determined by the Consulting Engineers and set forth in a certificate filed with the Lessee to be necessary as a reserve for major repairs or replacements of the System.

Depreciation Fund means the fund so designated and required to be maintained pursuant to Section 4(D) of the 2012 Parity Debt and Section 9(D) of this Ordinance.

Depreciation Fund means the fund so designated pursuant to the Existing

Depreciation Fund means the fund so designated which is established and created by Section 5 of Exhibit G to the Lease.

Depreciation Fund means the fund of that name established pursuant to Section 6.9 ofthis Ordinance.

Depreciation Fund means the fund by such name established pursuant to the Indenture. "Eighth Supplemental Indenture " means the Eighth Supplemental Indenture dated as of

Depreciation Fund means the fund by such name established pursuant to the Indenture. “Eighth Supplemental Indenture ” means the Eighth Supplemental Indenture dated as ofJanuary 1, 2003, pursuant to which the Series 2003-A Bonds were issued.