Projected useful life definition

Projected useful life means the useful life, as reasonably estimated by the unit of government undertaking the capital construction or capital improvement project, beginning with the date the property was acquired, constructed or reconstructed and based on the property’s condition at the time the property was acquired, constructed or reconstructed.
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Projected useful life means the useful life, as reasonably estimated by the unit of gov-
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Examples of Projected useful life in a sentence

  • Projected useful life of the Project: years Note: Based on the Federal Water Pollution Control Act (FWPCA) Section 603 (d) (1) (A) and (b), the loan terms cannot exceed the lesser of 30 years and the projected useful life of the project.

  • Projected useful life of the Project:years Note: Based on the Federal Water Pollution Control Act (FWPCA) section 603(d)(1)(A)&(B), the loan term cannot exceed the lesser of 30 years and the projected useful life of the project.

  • Projected useful life of the building: over 20 25points10-20 15points5-10 10points380—5.8(93) Audit reports.

  • Component AssetDate of AcquisitionProjected Useful LifeRemaining LifeCondition Rating2000 Ford F150 Pick-up20012008(-2) yearsPoor2005 Ford - Escape200620133 yearsFair2010 Ford Ranger201020177 yearsExcellent • 2003 Ford F150 was replaced after lost in fire with 2010 Ford Ranger.• Need an additional vehicle• Projected useful life of vehicles is 4-5 years maximum for a truck due to local conditions.

Related to Projected useful life

  • Protected Space Operations means all Launch or Transfer Vehicle activities, ISS activities, and Payload activities on Earth, in outer space, or in transit between Earth and outer space in implementation of the IGA, MOUs concluded pursuant to the IGA, implementing arrangements, and contracts to perform work in support of NASA's obligations under these Agreements. It includes, but is not limited to:

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Base Year means the period set forth in Section 5 of the Summary.

  • Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;

  • Maintenance area means any geographic region of the United States previously designated nonattainment pursuant to the CAA Amendments of 1990 and subsequently redesignated to attainment subject to the requirement to develop a maintenance plan under §175A of the CAA, as amended.

  • Improvement Plan means the plan required by the Authority from the Supplier which shall detail how the Supplier will improve the provision of the Goods and/or Services pursuant to Clause 29.1.1 (Authority Remedies);

  • estimated consumption means the consumption that a customer, whose consumption is not measured during a specific period, is deemed to have consumed and that is estimated by taking into account factors that are considered relevant by the Municipality and which may include the consumption of municipal services by the totality of the users of a service within the area where the service is rendered by the Municipality, at the appropriate level of service, for a specific time;

  • Baseline area means any intra- state area (and every part thereof) des- ignated as attainment or unclassifiable under section 107(d)(1)(A)(ii) or (iii) of the Act in which the major source or major modification establishing the minor source baseline date would con- struct or would have an air quality im- pact for the pollutant for which the baseline date is established, as follows: equal to or greater than 1 μg/m3 (an- nual average) for SO2, NO2, or PM10; or equal or greater than 0.3 μg/m3 (annual average) for PM2.5.(ii) Area redesignations under section 107(d)(1)(A)(ii) or (iii) of the Act cannot intersect or be smaller than the area of impact of any major stationary source or major modification which:

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Disabled parking license plate means a license plate that displays the international symbol of access

  • Building Plans mean the general building plans and specifications in respect of the Development or in respect of any part or parts of the Development prepared by the Authorized Person and approved by the Building Authority and includes any approved amendments thereto;

  • School premises means either of the following: