Productive Life definition

Productive Life means the number of years a property improvement is expected to be in service in a facility.
Productive Life means the number of years a property improvement is expected to be in service. After a cessation of production, the productive life of property improvements may be deemed to end, at County’s election, on the date of cessation of production either upon (1) a determination by the County that it is unlikely the improvement(s) will be reactivated as an integral part of a producing facility, and/or
Productive Life means the number of years a property improvement is expected to be in service. After a cessation of production, the productive life of property improvements may be deemed to end, at County’s election, on the date of cessation of production either upon (1) a determination by the County that it is unlikely the improvement(s) will be reactivated as an integral part of a producing facility, and/or(2) the expiration of eighteen (18) continuous or non-consecutive months of non-production in any twenty-four (24) month period following the date the property improvement(s) cease to be in active service as part of a facility operating in a producing capacity. Upon cessation of production and for calculation of the recapture amount of taxes, the “productive life” will be determined to begin on the effective date of the tax abatement as set forth in the Agreement.

Examples of Productive Life in a sentence

  • Mortality may be represented by crude rates or age-adjusted rates (AAM); by degree of premature death (Years of Productive Life Lost or YPLL); and by cause (disease - cancer and non-cancer or injury - intentional, unintentional).

  • The JCRA may issue Directions to the Licensee as to the changes, including but not limited to Directions not to make the changes, Directions to amend the changes further or Directions as to the timing of the changes.

  • Productive Life" means the number of years a property improvement is expected to be in service in a facility.

  • Productive Life Years (PLYs) is defined as the number of people in the labour force in any given year.

  • Synthetic Addiction Extends the Productive Life Time of Engineered Escherichia Coli Populations.


More Definitions of Productive Life

Productive Life means the number of years a property Improvement is expected to be in service as a functioning, operational Facility. The term includes useful life or economic life of a Facility.
Productive Life means the number of years a property improvement is expected to be
Productive Life means the number of years a property improvement is expected to be in service or produce economic activity in a facility.
Productive Life means the number of years a property improvement is expected to be in service. After a cessation of production, the productive life of property improvements may be deemed to end, at College’s election, on the date of cessation of production either
Productive Life means the number of years a property improvement is expected to be in service.(o) “Research Facility” means buildings and structures, including machinery and equipment, used or to be used primarily for research or experimentation to improve or develop new tangible goods or materials or to improve or develop the production processes thereto.
Productive Life means the number of years a property improvement is expected to being service in a facility.
Productive Life means the number of years a property improvementis expected to be in service in a facility.