Economic Life means the number of years a property improvement is expected to be in service in a facility.
Economic Life means the period over which improvements to real property contribute to property value.
Economic Life means the projected or anticipated useful life of a major facility as expressed by a term of years.
Examples of Economic Life in a sentence
Owner represents the Economic Life of the improvements will exceed the term of this Agreement.
More Definitions of Economic Life
Economic Life means the number of years a property improvement is expected to be in service in a Facility.
Economic Life means the projected or anticipated useful life of a facility.
Economic Life means the number of the years a property improvement is expected to be in service in a facility; provided, however, in no event shall the number of years exceed the depreciation allowance specified in the Federal Internal Revenue Service Code.
Economic Life means the projected or anticipated useful life
Economic Life means the projected or anticipated
Economic Life means, with respect to an oil and gas property, the time remaining before production of petroleum substances from the property is forecast to be uneconomic;
Economic Life means years from the date of the final disbursement.