Service life definition

Service life means the expected period of viable, technical and economic life of an asset;
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Service life. The life in years during which the cylinders may safely be used in accordance with the standard service conditions.
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Service life means the period of usefulness of a tangible capital asset (or group of assets) to its current owner. The period may be expressed in units of time or output. The estimated service life of a tangible capital asset (or group of assets) is a current forecast of its service life and is the period over which depreciation cost is to be assigned.
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Examples of Service life in a sentence

  • VMware shall have no obligation to provide Services for Software that is outside of the applicable Service life.

  • For the Armed Forces community, the Covenant encourages the integration of Service life into civilian life and encourages members of the Armed Forces community to help their local community.

  • Service life may vary from region to region, and inspection to inspection based on the home being inspected and the professional opinion and findings of the inspector.

  • Service life is the expected lifetime, or the acceptable period of use in service of a particular system or component.

  • Length of appointment shall be as follows (in years): ASSIGNMENT MINIMUM MAXIMUM Detective Corporal 1 2 Detective Sergeant 1 2 Community Resource Officer 2 3 School Resource Officer 2 3 CCCNET 2 3 Motorcycle Officer 4 5 Canine Officer Service life of the canine Service life of the canine Training Sergeant 2 3 Further extension is permitted with the mutual agreement of the Chief of Police and the Association.


More Definitions of Service life

Service life means the time between the date utility plant is includible in utility plant in service, or utility plant leased to others, and the date of its retirement. If depreciation is accounted for on a production basis rather than on a time basis, then service life should be measured in terms of the appropriate unit of production.
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Service life means the total period during which a municipal infrastructure asset is in use or is available to be used; (“durée de vie”)
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Service life. (of a compressed hydrogen container) means the time frame during which service (usage) is authorized.
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Service life means the period between the time of installation of utility plant and the time of its retirement.
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Service life. Policy – as described in Clause 12.2.
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Service life means the period of time immediately following the Commissioning Date, as designated by an Authorized Authority, from time to time, during which the LIL can continue to transmit Energy and Capacity in accordance with Reliability Standards and the LIL Project Description;
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Service life means the period of time during which an engineered system will perform in accordance with its intended design.
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