Durable Property definition

Durable Property means Government-owned items that have a useful life expectancy greater than one Incident (e.g., sleeping bags, water handling accessories, tents, headlamps, tools) and that are not designated as Accountable Property. Durable Property may be marked with paint or etching to show “US GOVT” or other Government-specific marking.
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Examples of Durable Property in a sentence

  • Durable Property - Durable properties are those non-accountable items that have a useful life expectancy greater than one incident (e.g., sleeping bags, water handling accessories, tents, headlamps, tools).

  • Durable Property: Items not otherwise classified as pilferable or non-expendable, that are not consumed in use, and do not require formal property book accountability, but requires hand receipt control after initial issue.

  • Durable Property For information regarding procedures for the procurement of items considered durable property refer to the Buying Team Guide or Chapter 30.

  • Federal Accounting Regulations prohibit Government from exchanging or replacing Accountable Property or Durable Property.

  • F 5.1 To ensure continued safe, efficient operations at an Incident, Government may loan Accountable Property or Durable Property to Contractor for use at the Incident.

  • Contractor shall maintain all loaned Accountable Property or Durable Property in good condition during use and shall return all such loaned Property loaned by Government before departing from the Incident.

  • Access is limited to authorized individuals with passwords, and the database is maintained behind a firewall certified by the National Computer Security Association.RETENTION AND DISPOSAL: 121.1/011 Durable Property Records.

  • Contractor shall maintain all loaned PPE or Durable Property in good condition during use and shall return all such property loaned by Government before departing from the Incident, or less time as directed by Government.

  • Government is prohibited from exchanging or replacing PPE, Accountable Property or Durable Property.

  • Nonexpendable and Durable Property Inventory.................................

Related to Durable Property

  • movable property means property of every description except immovable property;

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • Taxable Property means all Assessor’s Parcels which are not Exempt Property.

  • Eligible Property means property beneficially owned by a person or entity other than the Fund and held in a bank account maintained by BNYM for or on behalf of the Fund, or property held in a Fund shareholder account, which is (x) subject to reporting or escheat under an Unclaimed Property Law, (y) of a nature or type or classification reasonably related to the services performed by BNYM under this Agreement (such as cash amounts representing non-negotiated dividend checks and shares in abandoned shareholder accounts), and (z) under the control of BNYM.

  • rateable property means property on which the municipality may in terms of Section 2 of the Property Rates Act 2004 levy a rate, but excluding property fully excluded from the levying of rates in terms of Section 17 of that Act.

  • Tangible Property means all equipment, machinery, goods, furniture, furnishings, fixtures, supplies, tools, materials, vehicles, books, records, and other tangible personal property that are part of the Collateral.

  • Private property means any dwelling and its curtilage which is being used by a natural person or natural persons for habitation and which is not open to the public and privately owned real property which is not open to the public. "Private property" shall not include:

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Specified Property means property for which an election has been made for a special elective benefit.

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, including the allocation of individual dwelling units to the holders of the Coop Shares of the Cooperative Corporation.

  • Hotel Property for any hotel means the Real Property and the Personal Property for such hotel.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Intangible Property shall have the meaning given to such term in Section 2.1(c) hereof.

  • Leasehold Property means any leasehold interest of any Loan Party as lessee under any lease of real property.

  • newly rateable property means any rateable property on which property rates were not levied before the end of the financial year preceding the date on which this Act took effect, excluding –

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Contractor-acquired property means property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 2 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Customer Property means the property, other than real property and IPR, including any equipment issued or made available to the Supplier by the Customer in connection with this Call Off Contract;

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Excluded Equipment means, at any date, any equipment or other assets of the Borrower or any Guarantor which is subject to, or secured by, a Capitalized Lease Obligation or a purchase money obligation if and to the extent that (i) a restriction in favor of a Person who is not Holdings or any Restricted Subsidiary of Holdings contained in the agreements or documents granting or governing such Capitalized Lease Obligation or purchase money obligation prohibits, or requires any consent or establishes any other conditions for or would result in the termination of such agreement or document because of an assignment thereof, or a grant of a security interest therein, by the Borrower or any Guarantor and (ii) such restriction relates only to the asset or assets acquired by the Borrower or any Guarantor with the proceeds of such Capitalized Lease Obligation or purchase money obligation and attachments thereto, improvements thereof or substitutions therefor; provided that all proceeds paid or payable to any of the Borrower or any Guarantor from any sale, transfer or assignment or other voluntary or involuntary disposition of such assets and all rights to receive such proceeds shall be included in the Collateral to the extent not otherwise required to be paid to the holder of any Capitalized Lease Obligations or purchase money obligations secured by such assets.