Vehicle Age definition

Vehicle Age means the age of the vehicle computed by totaling the number of the years in between and including both the calendar year and model year. For example, a vehicle with a model year of 2009 has a vehicle age of 4 years in the 2012 calendar year (2009 + 2010 + 2011 + 2012).
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Vehicle Age. With respect to a Financed Vehicle, the year of origination of the Contract for such Financed Vehicle minus the model year of such Financed Vehicle.
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Vehicle Age has the same meaning as in schedule 2. Table 1 Subsidy initially paid for vehicle (not an existing taxi) to be converted to be wheelchair accessible - Unexpired subsidy to be repaid to CPVC (figures are GST inclusive). Vehicle Age Subsidy paid Repayment amount <1 year Repayment amount 1-2 years Repayment amount 2-3 years Repayment amount 3-4 years Repayment amount 4-5 years <6 months $44,000 $30,800 $21,560 $15,092 $10,000 $0 6-12 months $39,600 $27,720 $19,404 $13,583 $10,000 $0 1-2 years $36,300 $25,410 $17,787 $12,450 $10,000 $0 2-3 years $33,000 $23,100 $16,170 $11,319 $10,000 $0 3-4 years $29,700 $20,790 $14,553 $10,000 $0 $0 4-5 years $26,400 $18,480 $12,936 $10,000 $0 $0 Table 2 Subsidy initially paid for vehicle (not an existing taxi) already converted to be wheelchair accessible - Unexpired subsidy to be repaid to CPVC (figures are GST inclusive). Vehicle Age Subsidy paid Repayment amount <1 year Repayment amount 1-2 years Repayment amount 2-3 years Repayment amount 3-4 years Repayment amount 4-5 years <6 months $44,000 $30,800 $21,560 $15,092 $10,000 $0 6-12 months $33,000 $23,100 $16,170 $11,319 $10,000 $0 1-2 years $30,250 $21,175 $14,822 $10,375 $10,000 $0 2-3 years $27,500 $19,250 $13,475 $10,000 $0 $0 3-4 years $24,750 $17,325 $12,127 $10,000 $0 $0 4-5 years $22,000 $15,400 $10,780 $10,000 $0 $0 Table 3 Subsidy initially paid for converted vehicle or vehicle to be converted where the vehicle was a former taxi - Unexpired Subsidy repayable to CPVC (figures are GST inclusive). Vehicle Age Subsidy paid Repayment amount <1 year Repayment amount 1-2 years Repayment amount 2-3 years Repayment amount 3-4 years 6-12 months $28,050 $19,635 $13,744 $10,000 $0 1-2 years $21,175 $14,822 $10,375 $10,000 $0 2-3 years $19,250 $13,475 $10,000 $0 $0 3-4 years $17,325 $12,127 $10,000 $0 $0
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Examples of Vehicle Age in a sentence

  • Low-use vehicles are exempt from the Compliance Schedule, Section IV, the Maximum Allowable Vehicle Age Requirement, Section III, but are subject to the Annual Reporting Requirement, Section VI.

  • Vehicles previously approved under the 2007 LAX Alternative Fuel Vehicle Requirement Program are exempt from the Maximum Allowable Vehicle Age Requirement, Section III, but are subject to the Annual Reporting Requirement, Section VI.

  • The vehicle must meet the criteria set out in the Council’s Vehicle Age and Emissions Policy.

  • Vehicle Age Upon first application all vehicles must be a purpose built hackney carriage or wheelchair accessible, or converted to conform with European type approval, or be a fully electric vehicle and be less than 3 years old.

  • Vehicle Age BreakdownVehicle Age Range (Model years) Number of responses Truck drivers were asked to estimate the total days of operation and mileage driven per year (Tables 17 and 18).

  • Vehicle Age Restriction The age of the vehicle will be determined primarily by its date of first registration, or if imported the date of manufacture.

  • Be within the requirements of the Council’s Licensed Vehicle Age Policy.

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  • Vehicle Age Upon first application all vehicles must be a purpose built hackney carriage or wheelchair accessible, or converted to conform with European type approval, and be less than 7 years old.

  • Minimum vehicle specifications are as follows:a) Vehicle Age: The vehicle shall not be more than eight (8) model year prior to the most current production model year.b) Vehicle Odometer: The odometer reading shall not exceed 80,000 miles.c) Vehicle Condition: Vehicle shall be in excellent mechanical, exterior and interior condition with little to no visible wear; no fluid leaks and is free of any damage unless thoroughly disclosed and agreed upon by owner.


More Definitions of Vehicle Age

Vehicle Age means the age of the WAV at the time when the Subsidy is paid (so that all the conditions for payment of the Subsidy listed in clause 4.1 must have been satisfied), calculated from the build date as shown on the vehicle manufacturer’s compliance plate. SCHEDULE 3 Unexpired Subsidy Tables
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Vehicle Age means the numerical difference between the current calendar year and the vehicle model year.
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Related to Vehicle Age

  • Gross vehicle weight means the weight of a vehicle without load plus the weight of any load on the

  • Gross vehicle mass or "maximum mass" means the technically permissible maximum laden mass as declared by the manufacturer.

  • Fleet Vehicle means one of a large group of New Vehicles sold to a Person (e.g., a rental car agency) which purchases in excess of ten (10) Vehicles per purchase contract for commercial use.

  • Recreational Vehicle (RV means a vehicle, which is:

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Low-speed vehicle means any four-wheeled electrically-powered vehicle, except a motor vehicle or

  • Junk vehicle means a vehicle of any age that is damaged or defective in any one or combination of any of the following ways that either makes the vehicle immediately inoperable, or would prohibit the vehicle from being operated in a reasonably safe manner upon the public streets and highways under its own power if self-propelled, or while being towed or pushed, if not self-propelled:

  • Not off-vehicle charging hybrid electric vehicle (NOVC-HEV) means a hybrid electric vehicle that cannot be charged from an external source.

  • goods vehicle means a motor vehicle constructed or adapted for use for the carriage of goods or burden of any description or a trailer so constructed or adapted;

  • Transit vehicle means a bus, rapid transit vehicle, railroad car, street railway car, water vehicle, taxicab, or other type of public transportation vehicle or individual unit, whether operated singly or in a group that provides public transportation.

  • Used vehicle means a Vehicle other than a New Vehicle.

  • Vehicle Term with respect to each Lease Vehicle shall extend from the Vehicle Lease Commencement Date through the earliest of:

  • Salvage vehicle means any vehicle which is within the last ten (10) model years and which has been damaged by collision or other occurrence to the extent that the cost of repairing the vehicle for safe operation on the highway exceeds sixty percent (60%) of its fair market value, as defined by Section 1111 of this title, immediately prior to the damage. For purposes of this section, actual repair costs shall only include labor and parts for actual damage to the suspension, motor, transmission, frame or unibody and designated structural components;

  • Rental Vehicle means any single automobile owned and operated by a car rental company or agency that is hired under a short term contract UNLESS it is:

  • Utility vehicle means a motor vehicle that is (i) designed for off-road use, (ii) powered by an

  • Vehicle owner means the registered owner or

  • Vehicle means every device in, on or by which any person or property is or may be transported or

  • Light vehicle means a motor vehicle commonly referred to as an automobile, van, sport utility

  • Livery vehicle means a motor vehicle that:

  • Tank vehicle means a commercial motor vehicle that is designed to transport any liquid or gaseous materials within a tank or tanks having an individual rated capacity of more than one hundred nineteen gallons and an aggregate rated capacity of one thousand gallons or more that is either permanently or temporarily attached to the vehicle or chassis. A commercial motor vehicle transporting an empty storage container tank not designed for transportation with a rated capacity of one thousand gallons or more that is temporarily attached to a flatbed trailer is not considered a tank vehicle.

  • Electric vehicle charging station or “charging station” means any level of electric vehicle supply equipment station that is designed and built in compliance with Article 625 of the California Electrical Code, as it reads on the effective date of this Chapter, and delivers electricity from a source outside an electric vehicle into a plug-in electric vehicle.

  • Heavy Vehicle has the meaning given to it in the HNVL.

  • Replica vehicle means every vehicle of a type required to be registered under this title not fully

  • Electric vehicle means a road vehicle that draws propulsion energy only from an on-board source of electrical energy.

  • Shared vehicle driver means an individual who has been authorized to drive the

  • Off-highway vehicle means the same as that term is defined in Section 41-22-2.