Plant & Machinery definition

Plant & Machinery. Means new plant & machinery and imported second hand machinery and installation expenditure capitalized for plant & machinery, capital interest during construction cost not exceeding 5% of the total fixed capital investment.

Plant & Machinery means and includes plant & machinery, pollution control laboratory, plant and equipment for research testing equipments installed at the premises of factory establishment, Note: Investment on such leasehold plant, machinery and equipment, obtained for a minimum period of 10 years, which is directly connected with the production of registered product, will also be considered towards investment in the plant & machinery and its valuation will be done according to the “Accounting Standard (A.S.) 19, Lease Procedure and Measurement” published by the Institute of Chartered Accountants of India but such lease value shall not be more than the value of Plant/Machinery in any case.

Plant & Machinery means new indigenous /imported plant and machinery, utilities including cost of transportation, foundation, erection, installation and electrification. Note: The value of plant and machinery as erected at tourism unit site shall be considered.

Examples of Plant & Machinery in a sentence

• The Lender at the request of the Borrower, at its discretion agreed to grant to the Borrower vide Sanction Letter No dated the following Revolving “Credit Facilities” secured by way of first charge on Fixed Assets including Land and Building and Plant & Machinery and Borrower’s Current Assets (including stocks and book debts forming part of its current assets both present and future) particulars whereof are given in Schedule I.

• Sinking fund deduction is required to be made for replacement of Furnitures, Fixtures, Plant & Machinery etc., which require periodic replacements.

• T- 23, Pimpri Industrial Area, 26,523 Bhosari block, Bhosari, Pune Plot No. E-76, Industrial Area, Parbhatpura, 00,000 Xxxxxxxxx Xxxx, Xxxxx Plot No. F-181 and 000, Xxxx No. 5, 47,710 Mewar Industrial Area, Udaipur Plot No. F-000,X000, Xxxx Xx 00 37,714 Vishwa Karma Industrial Area (VKIA), Jaipur Buildings Premises Including Plant & Machinery, Equipments – Located At: Approx.

• Midnapur, Khatoni 268 Khasra No. 494/493/492/489/487 and Gata No. 269 Khasra No. 494/2, 19,150 at Mauja Mathura Xxxxxx, In front of IBP Petrol Pump, AB road, 9,598 Near KM 328, Guna Kolkatta-700 071 Lease Hold Land Including Building Premises, Plant & Machinery, Equipments Located At: Approx.

• Full details of Plant & Machinery forming the basis for aforesaid sanction issued by the Second Party is given in the Schedule forming Annexure ‘B’ to this agreement.

More Definitions of Plant & Machinery

Plant & Machinery means the machinery, equipment, tooling, computer and information technology equipment necessary for the production, manufacture, packaging and distribution of the NTC Products, which includes such equipment (i) owned by SM (ii) leased or licensed by SM or (iii) leased or licensed to SM by NTC in accordance with Section 4.3.

Plant & Machinery means and includes plant & machinery, pollution control laboratory and equipments of pollution control, plants and equipments for research, testing equipments installed at the industry premises of the Industrial Unit and the capital investment / expenditure made on their installation and transport.Note: Investment on such lease-hold plant, machinery and equipments obtained for a minimum period of 10 years, which is directly connected with the production of registered product, will also be considered towards investment in the plant & machinery and its valuation will be done according to the “Accounting Standard (A.S.) 19, Procedure and Measurement of Leases” issued by the Institute of Chartered Accountants of India, but such lease value shall not be considered more than the value of that Plant / Machinery in any case.

Plant & Machinery means the equipment’s for CA / MA type cold storage, utilitiesand electrical and mechanical fittings with minimum capacity of 5400 MT per annum

Plant & Machinery means the equipment’s for CA / MA type cold storage, utilitiesand electrical and mechanical fittings with minimum capacity of 5400 MT per annum “Political Event” shall have the meaning ascribed thereto in Article 15.4.

Plant & Machinery means all machinery, equipment and plant, whether mechanical, electrical or electronic, for the purpose of Insured’s business or trade, including elevators, motorized pumps for swimming pools, generator sets and transformers located within the Insured’s premises.

Plant & Machinery. , “works” shall mean respectively the goods to be supplied and service to be provided by the contractor under the contract.

Plant & Machinery means and includes plant & machinery, pollution control laboratory and equipments of pollution control, plants and equipments for research, testing equipments installed at the industry premises of the Industrial Unit and the capital investment / expenditure made on their installation and transport.