Excess personal property definition

Excess personal property means any personal property under the control of a Federal agency that the agency head determines is not required for its needs or for the discharge of its responsibilities.
Excess personal property. As defined in Section 18.1.
Excess personal property means any and all Personal Property that cumulatively exceeds the amount of property that could fit in a 60- gallon container with the lid closed.

Examples of Excess personal property in a sentence

  • Excess personal property may be export-controlled, regardless of the assigned DEMIL Code and regardless of the Department or Agency that donates the property.


More Definitions of Excess personal property

Excess personal property means the items of personal property at one or more Bristol Hotels that are subject to a particular New Lease that would cause the adjusted tax basis of all of the personal property of such Bristol Hotel(s) to exceed 15% of the aggregate adjusted tax basis of the real and personal property located at such Bristol Hotel(s) on the Spin-Off Date.
Excess personal property means any personal property under the control of any Federal agency which is not re­ quired for its needs and the discharge of its responsibilities, as determined by the head thereof.
Excess personal property means any personal property under the control of any Federal agency that is no longer required for that agency’s needs, as determined by the agency head or designee.
Excess personal property means personal property that no longer meets Agency needs, as determined by the agency head or designee, but has not yet been demolished or disposed of. In the case of NSF owned property, this property should be included on the deferred maintenance list and categorized as ‘non-functional’. (GSA Federal Management Regulation, Subchapter B – Personal Property, Section 102-36.40).
Excess personal property means property which cannot be stored in the designated storage in the patient’s room or personal storage space on the unit.
Excess personal property means Authority property other than real property which is not needed at the present location, but may be of use at other locations.