Modernization definition

Modernization means the replacement and upgrading of existing facilities which increases the productive input or output, updates the technology or substantially lowers the unit cost of the operation. Modernization may result from the construction, alteration or installation of buildings, structures, fixed machinery or equipment. It shall not be for the purpose of reconditioning, refurbishing, or repairing.

Modernization means a complete or partial demolition of facilities and the complete or partial reconstruction or installation of a facility of similar or expanded production capacity. Modernization may result from the construction, alteration, or installation of buildings, structures, machinery, equipment, pollution control devices or resource conservation equipment. Modernization shall include improvements for the purpose of increasing productivity or updating the technology of machinery and equipment, or both.

Modernization means the alteration, repair, remodeling, replacement or renovation of existing buildings or of the equipment previously installed therein, or both.

Examples of Modernization in a sentence

• The Coal Credit, the Credit for Manufacturers of Small Wind Turbines, the Credit for the Construction of Energy Ef- ficient Homes and the Credit for Railroad Modernization are subject to a two-year moratorium from July 1, 2010 through June 30, 2012.

• The revenue from AEA Proceeds is transferred to the Chapter XVII of the Ministry of Technology and Industry under the national budget, into the budget line called ’Energy and Climate Policy Modernization System’ (in Hungarian: Energia és Klímapolitikai Modernizációs Rendszer – EKMR).

• In order to achieve the above mentioned strategic goals and the NSRF vision, interventions till 2013 will be focused on the following strategic priorities: ▪ Development of the competitiveness of the Bulgarian economy; ▪ Development of human resources and improvement of the social infrastructure; ▪ Improvement and development of the basic infrastructure; ▪ Sustainable and balanced regional development; ▪ Modernization of the Bulgarian administration and improvement of its services.

• The Medicare prescription drug program authorized under the Medicare Prescription Drug, Improvement and Modernization Act of 2003 (MMA), effective January 1, 2006, and the regulations issued pursuant thereto or as thereafter amended.

• Public Health Modernization Manual, Oregon Health Authority, Public Health Division, xxxx://xxx.xxxxxx.xxx/oha/PH/ABOUT/TASKFORCE/Documents/public_health_modernization_manual.pd f , September 2017, pages 58-62 2.

More Definitions of Modernization

Modernization means the replacement and upgrading of existing facilities which increase the productive input or output, updates the technology or substantially lowers the unit cost of the operation, and extends the economic life of the facilities. Modernization may result from the construction, alteration or installation of buildings, structures, fixed machinery or equipment. It shall not be for the purpose of reconditioning, refurbishing, repairing or completion of Deferred Maintenance.

Modernization means the replacement and upgrading of existing facilities, which increases the productive input or output, updates the technology, or substantially lowers the unit cost of operation, and extends the economic life of the facility. Modernization may result from the construction, alteration, or installation of buildings, structures, fixed machinery, or equipment.It shall not be for the purpose of reconditioning, repairing, refurbishing, or completion of deferred maintenance.

Modernization means a complete or partial demolition of facilities and the complete or partial reconstruction or installation of a facility of similar or expanded production capacity. Modernization may result from the construction, alteration, or installation of building s, structures, machinery, or equipment, or both.

Modernization means the alteration, repair, remodeling, replacement or renovation of an existing medical care facility or any part thereto, including that which is incident to the initial and subsequent installation of equipment in a medical care facility. See definition of "construction."

Modernization means an upgrading, alteration, or change in function of a part or all of the physical plant of a health facility. Modernization includes, but is not limited to, the alteration, repair, remodeling, and renovation of an existing building and initial fixed equipment and the replacement of obsolete fixed equipment in an existing building. Modernization of the physical plant does not include normal maintenance and operational expenses.

Modernization means to increase efficiency or to increase

Modernization means projects that are eligible for Grants based on Education Code Title 1, Division 1, Part 10, Chapter 12.5, Articles 6 (commencing with Section 17073.10) and 7 (commencing with Section 17074.10).