Use value definition

Use value means the basis for establishing fair cash value of real property pursuant to the requirement of Section 8 of Article X, Section 8 of the Oklahoma Constitution; and
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Use value means the basis for establishing fair cash
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Use value. That means a farm acre is valued based on what it earns from agricultural use, not on its potential value for development.
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Examples of Use value in a sentence

  • Use value of recorded_seq field as startup Checkpoint If Source and Target has no common ancestry, the Replicator MUST run Full Replication.

  • Use value engineering clauses in contracts for construction projects of sufficient size to offer reasonable opportunities for cost reductions.

  • Use value stream mapping to identify value-added processes and steps or processes that produce waste, including excess inventory, unused space, test inspection, rework, transportation, and storage.

  • Use value is significant as people use wetlands for swimming, hunting, boating, and protecting drinking water supplies, along with many other uses.71 The local, provisional, regulatory, and cultural variables include several important use values.

  • To the Board of Tax Assessors of County: In accordance with the provisions of O.C.G.A. § 48-5-7.7, I submit this application and the completed questionnaire on the back of this application for consideration of Forest Land Conservation Use value assessment on the property described herein.

  • Each Accommodation at a Club Property is assigned a Points for Use value, which specifies the number of Club Points required for each night a Member wishes to stay in that Accommodation.

  • Use value embraces personal belief and social behavior: it only concerns the output.

  • The co-pay will not be applied toward the calendar year deductible.

  • Use value in this context is determined according to one of two formulae.

  • Use value can be created through improved output by increased effectiveness (Jensen, 2010).


More Definitions of Use value

Use value means [the number of acres enrolled in the program, including all agricultural land, forest land,
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Use value means the value that a specific property has for a specific use, without regard to such property's highest and best use or the monetary amount that might be realized upon its sale.
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Related to Use value

  • Base Value With respect to any Mortgage Loan for which Additional Collateral has been pledged, the value of the Additional Collateral as determined with respect to that Mortgage Loan in accordance with the applicable underwriting guidelines.

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Applicable Value means, as of any date, with respect to each Share, the fair value of such Share, as determined in good faith by the Board of Directors.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Date, (i) the Underlying Reference Closing Price Value for such Underlying Reference in respect of such SPS Valuation Date (ii) divided by the relevant Underlying Reference Strike Price.

  • Stored value means monetary value that is evidenced by an electronic record.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • Adjusted Fair Market Value means, in the event of a Change in Control, the greater of (i) the highest price per Share paid to holders of the Shares in any transaction (or series of transactions) constituting or resulting in a Change in Control or (ii) the highest Fair Market Value of a Share during the ninety (90) day period ending on the date of a Change in Control.

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • Enterprise Value means the sum, at fiscal year-end, of the market capitalisation of ordinary shares, the market capitalisation of preferred shares, and the book value of total debt and non-controlling interests, without the deduction of cash or cash equivalents;

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • Gross Heating Value means the total heat expressed in megajoules per cubic metre (MJ/m³) produced by the complete combustion at constant pressure of one (1) cubic metre of gas with air, with the gas free of water vapour and the temperature of the gas, air and products of combustion at standard temperature and all water formed by the combustion reaction condensed to the liquid state;

  • rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;

  • Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12