Minimum useful life definition

Minimum useful life means the minimum time period a vehicle may remain in the California fleet. It is the later of the dates specified in subsection (A) or (B) below, as modified by subsection (C):
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Minimum useful life means the minimum time period a vehicle may remain in the CARB Online System as a drayage truck. It is the later of the dates specified in subsection (A) or (B) below, as modified by subsection (C):
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Minimum useful life means the minimum years of service or accumulations of miles at which a transit agency is allowed to retire its federally funded bus without penalty under the terms of federal funding requirements.
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Examples of Minimum useful life in a sentence

  • Minimum useful life for buses and light-duty vehicles is determined by years in service or accumulation of miles, whichever comes first.

  • Minimum useful life is determined by years of service or accumulation of miles, whichever comes first, in accordance with FTA C.

  • Minimum useful life is determined by years of service or accumulation of miles whichever comes first, in accordance with FTA C.

  • Minimum useful life is determined by years of service or accumulation of miles, whichever comes first, in accordance with the State Management Plan.

  • Minimum useful life is determined by years of service or accumulation of miles whichever comes first, in accordance with the State Management Plan.


More Definitions of Minimum useful life

Minimum useful life means the minimum years of service or accumulations of miles at which a transit agency is allowed to retire its federally funded bus without penalty.
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Minimum useful life means beginning on the effective date of this regulation, the minimum period of time a commercial vehicle, as defined in CVC section 34601, may remain in the California fleet. It is the latter of the dates specified in subsection (A) or (B) below:
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Minimum useful life means the minimum period of time a vehicle may remain in the California fleet. It is the latter of the dates specified in subsection (A) or (B) below:
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Related to Minimum useful life

  • Useful life means the relevant period of distance and/or time over which compliance with the relevant gaseous and particulate emission limits has to be assured.

  • Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $2,500,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).