QCiL Capital Savings definition

QCiL Capital Savings means QCiL Savings that relate to the acquisition, disposal, modification or construction of any asset in respect of the Project (including costs of site preparation, initial delivery and handling costs, installation and assembly costs, costs incurred in testing whether the asset is functioning properly and professional fees, in each case which are directly associated with the acquisition, modification or construction of the relevant asset);
QCiL Capital Savings means any QCiL Savings that relate to the acquisition, disposal, modification, construction or bringing into operation of any asset in respect of the Project (including costs of site preparation, initial delivery and handling costs, installation and assembly costs, commissioning costs, costs incurred in testing whether the asset is functioning properly and professional fees, in each case which are directly associated with the acquisition, modification or construction of the relevant asset), and for the purposes of this definition any QCiL Savings which relate to an asset with a useful life beyond the Term shall include only that proportion that is equal to the proportion of the useful life of the relevant asset that falls within the Term;
QCiL Capital Savings means any QCiL Savings classified as capital savings under IFRS, including in particular IAS 16 (Property Plant and Equipment) and IAS 11 (Construction Contracts);

Examples of QCiL Capital Savings in a sentence

  • It was possible to change two parameters of UnDivide to accept this change, but such a change was not possible with Linguistica 3.


More Definitions of QCiL Capital Savings

QCiL Capital Savings means QCiL Savings that relate to the acquisition, disposal, modification or construction of any asset in respect of the Project (including costs of site preparation, initial delivery and handling costs, installation and assembly costs, costs incurred

Related to QCiL Capital Savings

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