Depreciated Replacement Value definition

Depreciated Replacement Value means the amount arrived at after adjusting the depreciated book value of an asset by the variation occurring in WPI between the date of purchase and the date of settlement hereunder;
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Depreciated Replacement Value means the depreciated value calculated based on the Current Replacement Value and assuming a 20 year service life using straight-line depreciation.
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Depreciated Replacement Value means the depreciated value calculated based on the Current Replacement Value and
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Examples of Depreciated Replacement Value in a sentence

  • Such credit shall be based on the Depreciated Replacement Value (as defined below) of the failed part.

  • Provided Lessee is in compliance with its obligations under this Agreement at the time notice of Actual Total Loss is received by CAI, CAI will issue an invoice to Lessee for the Depreciated Replacement Value (“DRV”) of the Actual Total Loss Container calculated in accordance with Subsection 7 (d).

  • Furthermore, provided that Lessee shall not be in default of any provisions of this Agreement, then CAI agrees to invoice the Actual Total Loss container at the Depreciated Replacement Value (“DRY”), calculated in accordance with Subsection 11c, in lieu of the RV.

  • Such credit shall be based on the Depreciated Replacement Value of the failed Heat Exchanger.

  • For purposes hereof, the “Full Settlement” shall mean (i) proof, in such form as may be acceptable to Lessor, of such loss, destruction, confiscation, damage or theft, (ii) payment of the Depreciated Replacement Value for such Chassis as determined in accordance with the Rules Directory/Announcement in effect on the date such Casualty occurred, and (iii) payment of all other amounts then due and payable under this Agreement with respect to such Chassis.

  • Provided however, if the Railway Administration is unable to repair and/or restore the Wagons, then the Railway Administration shall purchase such damaged Wagons at the Depreciated Replacement Value.

  • It is also provided that if the AFTO so desires, it may sell the wagons of the Licensee procured under the AFTO Scheme to the Authority, at the Depreciated Replacement Value of the AFT Wagons.


More Definitions of Depreciated Replacement Value

Depreciated Replacement Value shall have the meaning assigned to it in accordance with the “Statements of Asset Valuation Practice and Guidance Notes” of the Royal Institution of Chartered Surveyors, United Kingdom, publication dated January 1995 as amended from time to time.
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Related to Depreciated Replacement Value

  • Replacement Value means the price, including accrued interest, at which Equivalent Securities to the Borrowed Securities could be purchased in the principal market for such securities at the time of election by State Street under Section 13.1 hereof.

  • Current Value shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Replacement Assets means (1) non-current assets (including any such assets acquired by capital expenditures) that shall be used or useful in a Permitted Business or (2) substantially all the assets of a Permitted Business or the Voting Stock of any Person engaged in a Permitted Business that is or shall become on the date of acquisition thereof a Restricted Subsidiary of the Company.

  • Procurement Value means the estimated total financial commitment resulting from procurement, taking into account optional extensions.

  • Casualty Value means the market value of the Equipment at the end of the Term or when in relation to a Total Loss, the market value the Equipment would have had at the end of the Term but for the Total Loss. The Casualty Value may be less than but will not be more than the original purchase price of the Equipment.