Surplus release date definition

Surplus release date means the date on which Federal utilization screening of excess personal property has been completed, and the property is available for donation.
Surplus release date means the pre­ determined date on which Federal utili­ zation screening of excess personal prop­ erty is terminated, and the property is considered available for disposition as surplus. The date signifies the transi­ tion of the property from excess to sur­ plus status. In some publications con­ cerned with personal property manage­ ment procedures, the words -‘Automatic Release Date” or “ARD” are used to designate this date.
Surplus release date means the date when Federal screening has been completed and the excess property becomes surplus.

Examples of Surplus release date in a sentence

  • Surplus release date means the date on which Federal utilization screening of excess personal property has been completed, and the property is available for donation.

Related to Surplus release date

  • Final Scheduled Distribution Date means with respect to (i) the Class A-1 Notes, the February 8, 2017 Distribution Date, (ii) the Class A-2-A Notes, the June 10, 2019 Distribution Date, (iii) the Class A-2-B Notes, the June 10, 2019 Distribution Date, (iv) the Class A-3 Notes, the October 8, 2020 Distribution Date, (v) the Class B Notes, the March 8, 2021 Distribution Date, (vi) the Class C Notes, the January 10, 2022 Distribution Date, (vii) the Class D Notes, the February 8, 2022 Distribution Date and (viii) the Class E Notes, the September 8, 2023 Distribution Date.