Excess property definition

Excess property means that portion of a parcel of improved or unimproved real property controlled by the state of Missouri, which is temporarily vacant or is not fully utilized by the holding agency; and

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Excess property means personal property that is still usable but is no longer needed in a school building or instructional program or administrative office and is not required as a trade-in on a replacement purchase.

Excess property means any property that has a remaining useful life but which is no longer required by the using agency in possession of the property.

Examples of Excess property in a sentence

• Excess property means property under the control of any Federal agency which, as determined by the head thereof, is no longer required for its needs.

• Excess property may be destroyed or abandoned by HHS only after every effort has been made to dispose of it by other authorized methods.

• Excess property not identified to be turned over to GIRoA, shall be processed by the Contractor for turn-in as directed by the PCO through Defense Logistics Agency Logistics Services or other disposition.

• Excess property in the back of the building with a large gravel parking lot and park-like setting.

• Excess property, marine and aerospace business: 15% of the applicable Quota Share part of all gross premiums written in respect of Contracts ceded to this Agreement (after deducting Return Premiums) primarily involving such business.

More Definitions of Excess property

Excess property means any property under the control of any Executive agency that is not required for the agency’s needs or the discharge of its responsibilities, as determined by the head of the agency pursuant to 40 U.S.C. 524.

Excess property means usable and unusable items that have been replaced or that have become obsolete. It also includes Fixed Assets in excess of current requirements of the Custodial Units, or which is damaged, inoperable, or not economical for the Custodial Units to repair and maintain.

Excess property means any personal property under the control of any Federal agency that is no longer required for that agency’s needs or responsibilities, as determined by the agency head or designee.

Excess property means Department-owned real property, of any value, located outside of the current operating right of way limits and not needed to support existing transportation facilities. This may include uneconomic remnants, additional Section 337.27(2), Florida Statutes, whole takes, and excess property created when design or construction requirements change after acquisition, or voluntarily acquired remainders. This property may be needed for future transportation purposes.

Excess property means property which exceeds the requirement of the department or agency to which the property is assigned.

Excess property generally means personal property no longer in use or needed at a specific location and, in all likelihood, the condition or nature of such can be used to satisfy an existing need within the District.

Excess property means all property and property rights acquired, in accordance with Section 48-24 of the Connecticut General Statutes or any other purpose, in excess of what is required for the Municipal Project, as determined by CTDOT.