Use allowance definition

Use allowance means an alternate method for claiming the use of the contractor's assets as a cost when depreciation methods are not used.
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Use allowance means a percentage of a building’s acquisition cost expressed as an amount charged per square foot.
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Use allowance means compensation equal to four percent (4%) annually of the total original capital costs and the cost of capitalized renovation of the court facility, except that if indebtedness has been incurred in respect to such capital costs at an interest rate equal to or greater than seven percent (7%), compensation shall be at a rate of eight percent (8%) annually of that portion of the capital costs for which the rate applies. For refinanced projects constructed or renovated prior to July 1, 1994, the use allowance payment shall not change for the term of the original bond issue, unless there is a change in the space occupied. For court facilities renovated or constructed after July 1, 1994, "use allowance" means the court's proportional share of the annual principal and interest cost in connection with the renovation or construction, but not to exceed eight percent (8%) annually of capital costs, or, if there is no debt, four percent (4%) annually of capital costs. Beginning with court facility construction or renovation projects authorized by the 2000 Regular Session of the General Assembly, "use allowance" means the court's proportional share of the annual principal and interest costs in connection with the construction or renovation of the facility, not to exceed the authorized annual use allowance.
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Examples of Use allowance in a sentence

  • This form is available from the Department upon request.) Use allowance for any property item that equals or exceeds $500 requires the Department’s prior written approval.

  • Use allowance is a federally defined means for recovering the cost of a capital asset.

  • It was noted that, although the GMB representative had been involved in the recent recruitment process for new members of the management team, she had not been involved in the decision-making process.

  • This form is available from the Department upon request.) Use allowance for any property item that equals or exceeds $100 requires the Department’s prior written permission.

  • Chairperson Duvall stated that they would next be considering the Ag and Resource Protection Zone and consideration of 2 Family Use allowance for that zone.

  • This form is available from the Department upon request.) Use allowance for any property item that equals or exceeds $100 requires the Department’s prior written approval.

  • Use allowance is calculated at 2% of the capital improvements cost.

  • Smithfield Code of OrdinancesCurrent through May 8, 2019.Title 17 Zoning Regulations Chapter 17.120 Use Matrix TableSection 17.120.010 Use allowance matrix.The following uses shall be designated as AC, "administrative conditional"; C, "conditional"; or P, "permitted"; (dash -), "not allowed".Table 17-1 Use Allowance Matrix Zoning DistrictsCBSouth Salt Lake Code of OrdinancesCurrent through Ordinance No. 2019-02, enacted February 27, 2019.

  • Some classical economists proposed state laws and programs to protect people from such imprudence.211 In recent years, behavioral economists and psychologists have rehabilitated paternalism by giving it a more scientific basis.

  • That portion of the ROW that falls under the project property can be used for staging and storing of materials.2. Section 11 Bid Form; Correction on the Water Use allowance.

Related to Use allowance

  • Allowance means compensation payable for the performance of special or additional duties;

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.

  • emission allowance means a financial instrument as defined in point (11) of Section C of Annex I of Directive [new MiFID].

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.