Project Property Prematurely Withdrawn from Use Sample Clauses

The 'Project Property Prematurely Withdrawn from Use' clause defines the procedures and consequences when a project asset is taken out of service before its expected end of useful life. Typically, this clause outlines the steps for notifying relevant parties, adjusting financial records, and possibly reallocating costs or benefits associated with the early withdrawal. Its core function is to ensure that all stakeholders are aware of and can respond appropriately to changes in asset utilization, thereby maintaining transparency and proper accounting in project management.
Project Property Prematurely Withdrawn from Use. For Project property withdrawn from appropriate use before its useful life has expired, the Recipient agrees as follows:
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Project Property Prematurely Withdrawn from Use. For Project property withdrawn from
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Project Property Prematurely Withdrawn from Use. For property withdrawn from appropriate use before its useful life has expired, the Transit Provider agrees as follows:
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