Utility property definition

Utility property means any component that is reasonably
Utility property. The term "
Utility property means all property and assets of the Company and its Subsidiaries used principally in the electric, natural gas and water operations that are regulated by applicable Governmental Authorities.

Examples of Utility property in a sentence

  • Such indemnity shall include, but is not limited to, financial responsibility for: (a) Utility monetary losses; (b) reasonable costs and expenses of defending an action or claim made by a third party; (c) damages related to the death or injury of a third party; (d) damages to Utility property; (e) damages to the property of a third party; (f) damages for the disruption of the business of a third party.

  • As noted in Bangia et al [l4], Loebnitz [65] and Hisata et al [49], any trader who enters the market with a position that is larger than the quoted size available, can only fill the order by moving down the order book and accept- ing poorer prices or trading outside the quoted spread.

  • Utility property, plant and equipment is recorded at original cost.

  • The range of estimated useful lives by type of asset is as follows: - Buildings 50 years- Improvements other than buildings 20-30 years- Machinery, furniture and equipment 3-24 years- Utility property and improvements 15-50 years- Infrastructure 15-50 years Fund Financial Statements In the fund financial statements, capital assets used in governmental fund operations are accounted for as capital outlay expenditures of the governmental fund upon acquisition.

  • If Utility property has been tampered with in any way, the Person responsible for the tampering will be charged a fee to recover losses together with a service charge up to the maximum allowed by law.


More Definitions of Utility property

Utility property means all property, real and personal, tangible and intangible, used for utility purposes under any agreement conferring rights to use or possess lands on the Reservation, including but not limited to, a lease, right-of-way, use permit or joint venture or operating agreement with the United States or a beneficial owner of land. Utility property shall include all improvements placed on trust lands within the exterior boundaries of the Reservation pursuant to such an agreement.
Utility property means communication equipment, satellite receivers, generating plants, transformer stations, switching stations, sub- stations, transformers, pumping stations, sewerage or other apparatus that supply "utility services" to the "premises".
Utility property means property appraised and classified for tax purposes by order of the commissioner of revenue under Minnesota Statutes, sections 273.33 to 273.3711.
Utility property means all property used for utility purposes and located on or using trust lands on the reservation. Utility property shall in- clude all improvements placed on trust land on the reservation. For purposes of this section, trust land includes the entire acreage of any tract where the United States holds an undivided interest in such tract in trust for the Tribes or for any Indian.
Utility property means any facility, equipment or other property owned, maintained or used by a company or a city, county or other political subdivision of this State to furnish cable television or other video service, broadband service, telecommunication service, telephone
Utility property means and comprise property of the Company, located in the State of Florida which (except as provided below) is used by or useful to the Company in the business of furnishing (i) electricity or gas for heat, light, power, refrigeration or other use, or (ii) water for domestic, industrial or public use or consumption, or other use, or any other business which is incidental thereto, including all properties necessary or appropriate for purchasing, storing, generating, manufacturing, utilizing, transmitting, supplying, gasifying and/or disposing of all or any part of the foregoing, provided that such property shall be property which the Company under its charter and the laws of Florida shall be lawfully authorized to own and use in the business in connection with which such property is used or to be used by it.
Utility property means property and equipment as described in paragraphs (c), (d), (e), (f), and (i) of subdivision 12 of section 102 of the Real Property Tax Law that is used in the ordinary course of business by its owner or any other entity, or property as described in paragraphs (a) and (b) of such subdivision 12 that is owned by any entity that uses, in the ordinary course of business, property and equipment as described in paragraphs (c), (d), (e) and (f) and (i) of such subdivision 12 without regard to the classification of such property and equipment for real property tax purposes pursuant to section 1802 of such Law, except that any such property and equipment used solely to serve the building to which they are attached will not be deemed to be utility property.