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.