Utility property definition
Examples of Utility property in a sentence
Utility property installed on the premises served for the purpose of measuring or supplying service to a customer is placed there under the Customer or property owner's protection.
Where damage or loss to Electric Utility property or equipment through misuse by, or negligence of, the customer or its employees is determined, the Electric Utility may charge the customer for the repair or replacement of said property or equipment at current cost, including labor, equipment rental, and a reasonable mark-up for administrative cost.
Such public Utility property includes plants, transformer or switching stations, sub-stations, transformers, pumping stations which furnish heat, light, power or gas to the insured “premises”, provided such loss or damage is caused directly by the perils insured against under this policy to buildings, structures, machinery, equipment or stock as described in the policy declarations.
An employee who is on the Electric Utility property and asked to work within one hour prior to starting time or within one hour after quitting time shall be paid time worked at the overtime rate but with a minimum of one hour at straight time.
MRT has delivered or made available to Purchaser true and complete copies of all material reports, studies, analyses, tests, and monitoring possessed by or subject to the control of MRT or Seller pertaining to Hazardous Materials or Hazardous Activities in, on, or under the Leased Real Property or any Utility property in fact occupied or used by MRT in the Business, or concerning compliance by MRT with Environmental Laws in connection with the Business.