Current usage definition

Current usage means the use to which property is put at the time of valuation by the assessor or the department.
View Source
Current usage means the use to which property is put at the time
View Source
Current usage means the annual quantity of water actually delivered to a Service Property based on most recent usage data as determined by Authority pursuant to Section I.2, generally expressed in acre-feet per annum or acre-feet per year.
View Source

Examples of Current usage in a sentence

  • Current usage levels of the Colleges’ LMS systems shall not be discouraged or impeded.

  • Current usage shall be resumed once the customer pays the arears in full.

  • Current usage of contract in these classifications in news and current affairs will be used as a guideline.

  • Current usage of contract in this classification will be used as a guideline.

  • Current usage figures have been provided as a guide and the Commissioner would expect a period of transition whereby the successful bidder can gauge actual usage per machine and align their service model accordingly.

Related to Current usage

  • Revolver Usage means, as of any date of determination, the sum of (a) the amount of outstanding Advances, plus (b) the amount of the Letter of Credit Usage.

  • Facility Usage means, at the time in question, the aggregate amount of outstanding Loans and LC Obligations at such time.

  • Total Exposure Amount means, on any date of determination (and without duplication), the outstanding principal amount of all Loans, the aggregate amount of all Letter of Credit Outstandings and the unfunded amount of the Commitments.

  • Non-Usage Fee The meaning set forth in the Fee Letter.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).