Principally used definition

Principally used means a measurement of the time when a vessel is on the waters of the United States, a state, territory, province, or country and includes the time when the vessel is not in motion, as, for instance, when the vessel is moored or at anchor, as well as the time when the vessel is being navigated.
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Principally used means that any other use of the property must be solely incidental.
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Principally used means used more than 50%. A building or addition is principally used in production where more than 50% of its useable business floor space is used in storage and production. Floor space used for bathrooms, cafeterias and lounges is not useable business floor space. Floor space used for administration and distribution is not used in production. Machinery is principally used in production when it is used in production more than 50% of its normal operating time.
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Examples of Principally used in a sentence

  • Principally used by a company engaged in the “United States mechanical construction and facilities services” segment.

  • Principally used by a company engaged in the “United States electrical construction and facilities services” segment.

  • Principally used by nonbank issuers, this method uses a limited guaranty of the seller covering a specified maximum amount of losses on the pool.

  • Principally used by a company engaged in the “United States building services” segment.

  • Principally used to provide primary insurance on private passenger nonfleet automobiles individually owned and used for personal or family needs.

  • Principally used by a company engaged in the “United States facilities services” segment.

  • Principally used by a company engaged in the “United States industrial services” segment.

  • Principally used as a tabular base when comparisons of actual to expected experience are made III.

  • Miscellaneous Special Revenue Fund – Principally used to account for the use of state and federal monies received under the Corporation for National and Community Services program as well as Department of Justice and other youth and recreational funds.

  • In this case, the employee offered language interpretation assistance on an informal or ad hoc basis to accommodate the prospective government benefits account holder.2. Principally used.


More Definitions of Principally used

Principally used means, for purposes of 10 V.S.A. § 6001(3)(D)(vi)(III), that more than 50% (either by volume or weight) of the compost produced on the farm is physically and permanently incorporated into the native soils on the farm as a soil enhancement and is and not removed or sold at any time thereafter.
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Principally used means the main or primary use;
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Principally used means used more than 50%. A building or addition is principally used in research and development in the experimental or laboratory sense where more than 50% of its usable business floor space is thusly used.
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Related to Principally used

  • Commercially Useful Function means responsibility for the execution of a distinct element of the work of the contract, which is carried out by actually performing, managing, and supervising the work involved, evidencing the responsibilities and risks of a business owner such as negotiating the terms of (sub)contracts, taking on a financial risk commensurate with the contract or its subcontract, responsibility for acquiring the appropriate lines of credit and/or loans, or fulfilling responsibilities as a joint venture partner as described in the joint venture agreement.

  • Operated means the activity of being involved in the day to day management of a business.

  • Currently means within the past two years.

  • regulated business means a business which is required to be licensed under one or other of the regulatory laws;

  • Women-owned business means a business that is at least 51 percent owned by one or more women who are U.S. citizens or legal resident aliens, or in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest is owned by one or more women who are U.S. citizens or legal resident aliens, and both the management and daily business operations are controlled by one or more women.

  • Sanctioned Territory means, at any time, a country or territory which is itself the subject or target of any Sanctions (at the time of this Agreement, Crimea, Cuba, Iran, North Korea, Sudan and Syria).

  • publicly controlled means owned by or otherwise under the control of an organ of state, including a –

  • Woman owned business means a woman owned business that is a continuing, independent, for profit business which performs a commercially useful function, and is at least fifty-one percent (51%) owned and controlled by one or more women; or, in the case of any publicly owned business, at least fifty-one percent (51%) of the stock of which is owned and controlled by one (1) or more women and whose management and daily business operations are under the control of one (1) or more women.