Utilized definition

Utilized means that the tax credit has been applied in full or partial payment of a tax liability according to the records of the Department. If no tax liability exists for the tax and period where the credit has been applied or if previous tax credits exceed the tax liability, the utilized amount is shown as zero. Until a tax year has been closed, it is possible that the tax credits indicated as being utilized may still be transferred, sold or assigned at the option of the taxpayer. Pass through credits and unused credits that were sold or assigned are also included as utilized.
Utilized means timber harvested on the land a timber grower owns or operates for sawing into lumber, for processing, or for resale.
Utilized means at any time an Excluded Property that has been encumbered by a Lien incurred pursuant to Section 6.03(q).

Examples of Utilized in a sentence

  • Immediately after giving effect to the making of a Loan (and the application of the proceeds thereof) or issuance or renewal of the Letter of Credit, the Utilized Revolving Commitment shall not exceed the Revolving Loan Commitment.

  • If at any time the amount of the Utilized Revolving Commitment exceeds the Revolving Loan Commitment, one or more of the Borrowers shall immediately make a principal payment to the Administrative Agent in the manner and in an amount necessary to be in compliance with Section 2.1 hereof.

  • Utilized the Department of Homeland Security Cybersecurity and Infrastructure Security Agency (CISA) no cost Cyber Hygiene Web Application Scanning service, or other equivalent cyber hygiene scanning service (▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇/news-events/news/cyber- hygiene-web-application-scanning).

  • If Utilized Sessions exceeds Allowed Sessions, Licensor will invoice Licensee for the cost difference between Utilized Sessions and Allowed Sessions.

  • Utilized days shall be deducted from the employee’s accumulated sick leave.


More Definitions of Utilized

Utilized means the License pool You are actively accessing. Upon Your request, and in Midmark’s sole discretion, Your License pool may be right-sized. If so, then (i) all Utilized Licenses are subject to
Utilized means used for beneficial purposes such as road construction, agricultural fertilizer, mine subsidence prevention and/or mine reclamation.
Utilized means that the tax credit has been applied in full or partial payment of a tax liability according to the records of the Department. If no tax liability exists for the tax and period where the credit has been applied or if previous tax credi
Utilized means, at any time, the percentage obtained by dividing (i) the sum of all outstanding Loans plus Letter of Credit Outstandings by (ii) the Borrowing Base. Notwithstanding the foregoing, as required by Section 3.2.2(z) and without duplication, after any Borrowing Base Deficiency has existed for more than ninety (90) consecutive days, each LIBO Rate Margin and Alternate Base Rate Margin shall be the rate set forth above plus 3.00% per annum until such Borrowing Base Deficiency has been eliminated.
Utilized. “disposed,” “managed,” “released” and “threat of release,” and all conjugates thereof, shall have the meanings and definitions set forth in the Environmental Legal Requirements.
Utilized means, with respect to an Aircraft and any date of determination, that such Aircraft is, or has been within the ninety (90) days prior to such date of determination, subject to a Lease or a letter of intent to enter into a Lease (in each case, without regard to any Lease that causes or could reasonably be expected to cause, to the extent the terms thereof are described in any such letter of intent, any Issuer Group Member to fail to comply with the requirements of any Related Document).
Utilized. , in this section means to be utilized, to be managed, and to be maintained by the OJK.