Project Life definition

Project Life means the period of time between offset project commencement and a period of 100 years following the issuance of any ARB or registry offset credit for GHG emission reductions or GHG removal enhancements achieved by the offset project.
Project Life means the period of time over which an incentive program project achieves emission reductions that are surplus, quantifiable, enforceable, and permanent. Project life must not exceed the useful life of mobile agricultural equipment funded through incentive programs and may vary across incentive programs and project types.
Project Life means life of the project including phases of, (i) construction or installation or establishment or commissioning; (ii) operation; and (iii) redundancy or closure or dismantling;

Examples of Project Life in a sentence

  • Environmental monitoring is a continuous process throughout the Project life cycle starting from site selection to construction and maintenance state.

  • Capitalised equipment is stated at cost and is depreciated over its useful economic life as follows: Non-Computer Equipment – 10 yearsComputer Equipment – 3 yearsResearch equipment – Project life – 2 years generallyFurniture – 10 yearsResidences - Furniture and Fittings – 8 years Where equipment is acquired with the aid of specific grants it is capitalised and depreciated in accordance with the above policy.

  • The following additional requirements apply to the Pre-Construction Phase and to the overall Project life.

  • The ledgers for the Project will include totals for all transactions recorded during: 1) each accounting month; 2) the fiscal year of the Sponsor; and 3) the Project life to date.

  • The ledgers for the Project will include totals for all transactions recorded during: 1) each accounting month, (2) the fiscal year of the Sponsor, and (3) for the Project life to date.

  • It is the duty of the Development Consultant to work on behalf of the Client in the best interests of the quality of the Project and objectives of the Client to advise the Client about budget vulnerabilities throughout the Project life cycle, and to seek out reduction or controls through efficiencies, innovation and good project management oversight along with the Design Consultants, the Contractor and any Other Consultants.

  • Accordingly, the net profits available for appropriation to the shareholders has been significantly higher during the first half compared to the second half of the Project life.

  • The development of a pipeline of subprojects has to be an ongoing exercise over the Project life (and possibly beyond).

  • Within the Project area, exploration, appraisal, and production would all occur to maintain the target gas production rate throughout the Project life.

  • Unit 4Project – Meaning, definition and objectives – Characteristics – importance – Classification – Project life Cycle – project management, Stages of ProjectManagement.


More Definitions of Project Life

Project Life means the expected time period in which a project physically performs its intended function.
Project Life means the life of the solar power plant which is considered as 25 years.
Project Life means the length of time an energy efficiency improvement project is expected to be employed.
Project Life means the period of time between offset project commencement and a period of 100 years following the issuance of any
Project Life means the period of time between offset project commencement and a period of 50 years following the issuance of any registry offset credit for GHG removal enhancements achieved by the offset project.
Project Life means the period of time during which a development action is subject to regulation by local, state, or federal agencies.

Related to Project Life

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Project Work means the work required to complete the Project.

  • Project Highway means the Site comprising the existing road {, proposed bypasses and tunnels} forming part of [NH-** from km ** to km **] and all Project Assets, and its subsequent development and augmentation in accordance with this Agreement;

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Project Leader shall have the meaning set forth in Section 3.01(e)(v).

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Critical infrastructure means existing and proposed systems and assets, whether physical or virtual, the incapacity or destruction of which would negatively affect security, economic security, public health or safety, or any combination of those matters.++

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.