Useful life definition

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.

Useful life means the period of time over which a structure or a component of a property may reasonably be expected to perform the function for which it was designed.

Useful life means the relevant period of distance and/or time over which compliance with the OBD system has to be assured.

Examples of Useful life in a sentence

• The term of a C-PACE Loan shall not exceed the weighted average Useful Life of the Eligible Improvements, as determined by the Program Administrator.

• However, depreciation expense is not an allowable reimbursable cost to Federal programs if purchased, in part or in whole, with federal funds.Guidance Regarding Useful Life of EquipmentFTA provides a useful life policy for rolling stock, trolleys, ferries, facilities, and some equipment.

• The Borrower/Grantee will acquire and complete the Project with the proceeds of the Loan/Grant, the Local Match and other amounts available to the Borrower/Grantee, and except as otherwise expressly provided by the Loan/Grant Agreement, will utilize, operate and maintain the Project for the duration of its Useful Life.

• Useful Life: The following table reflects the useful lives of the various categories of capital assets.

• Category 3• Formation width 10 metres where practical.• Formed or sheeted width 6m.• Sheeted thickness – min 100mm.• Total Useful Life = 45yrs.• $36k pkm.Category 4a – Formed roads that have been previously sheeted but will not be re-sheeted.

More Definitions of Useful life

Useful life means the estimated period during which a treatment works will be operated.

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;

Useful life means the estimated period during which the water works will be operated.

Useful life means the estimated period during which the collection system and/or treatment works will be operated.

Useful life means the estimated period of time over which the funded facility will serve its intended purpose in a cost-effective manner from the estimated initiation of operation date.

Useful life means, for the purposes of this article:

Useful life means for land – 100 years; conveyance pipes – 50 years; other structures such as buildings and tankage – 30 to 50 years; process equipment – 15 to 20 years; and auxiliary equipment such as power generators and controls – 10 to 15 years.