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The establishment of safe access to the Knigsstuhl is an indispensable replacement investment, the barrier-free execution of such access is required taking into account the large number of users.
The fiduciaries may not replace the limited partnership investment with another investment based on this fact unless they prudently determine that a replacement investment is economically equal or superior to the limited partnership investment and would not adversely affect the plan's investment portfolio, taking into account factors including diversification, liquidity, risk, and expected return.
When others might have been tempted to withdraw, the Duke said he would underwrite the whole project in the event replacement investment partners could not be found.
for its pipeline infrastructure modernization and replacement investment.
Now, let us describe the optimal dynamics of the corresponding replacement investment K*(t).
For existing businesses it will bring a complete stop to replacement investment.
Projects aimed at reducing operating costs, such as replacement of technologies used by other new generation ones, whose effect manifests itself in increased efficiency and use of personnel or equipment are also treated as replacement investment.
2) To overcome the problem that the free cash flow in year T+1 incorporates the replacement investment in that year, and the level of the latter may be untypical, some normalised measure of replacement investment in year T+1 typically substitutes for actual replacement investment in that year.
He is expected to work closely with the Leeds office, which has contracted a replacement investment specialist.
It is too early to accurately estimate the full costs of clean-up, repair, business interruption and replacement investment, but clearly the total impact of Hurricane Katrina will be significant to out' customers and out" operations.
Finnish engineering and consulting company Jaakko Poyry Group Oyj said on Monday (12 September) that its subsidiary Electrowatt-Ekono AG had been awarded two contracts for engineering services in waste-to-energy plant replacement investment projects in the cities of Winterthur and Bern, Switzerland.
Ott, 1995, "Investment Under Uncertainty--The Case of Replacement Investment Decisions", Journal of Financial and Quantitative Analysis, 30:581-605
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