Utility definition: Copy, customize, and use instantly
Introduction
The term "Utility" refers to essential services or resources that support operations, infrastructure, or functionality. It is commonly used in contracts to define responsibilities related to service provision, payment obligations, or operational dependencies.
Below are various examples of how "Utility" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Utility" as essential services for real estate operations
This definition ties "Utility" to necessary services for a property's functionality.
"Utility" means electricity, water, gas, telecommunications, sewer, and other essential services required for the operation and maintenance of a property.
Definition of "Utility" as infrastructure services for industrial facilities
This definition connects "Utility" to large-scale industrial operations.
"Utility" refers to services such as power, water, fuel, and waste disposal necessary for the continuous operation of an industrial facility.
Definition of "Utility" as a regulated public service
This definition links "Utility" to government-regulated service providers.
"Utility" means a service provided by a public or private entity, subject to regulatory oversight, including electricity, water, and natural gas distribution.
Definition of "Utility" as shared building services in commercial leases
This definition applies "Utility" to commercial lease agreements.
"Utility" refers to common building services, including heating, air conditioning, and lighting, which are maintained and allocated among tenants based on lease agreements.
Definition of "Utility" as a chargeable operational expense in business agreements
This definition ties "Utility" to cost-sharing in contracts.
"Utility" means any essential service, the cost of which is allocated to one or more parties under a contractual agreement.
Definition of "Utility" as a fundamental requirement for energy-dependent businesses
This definition connects "Utility" to businesses relying on consistent energy supply.
"Utility" refers to essential energy and communication services required to ensure uninterrupted business operations.
Definition of "Utility" as a critical municipal service
This definition links "Utility" to city-managed public services.
"Utility" means any service provided by a municipal authority, including public water supply, sewer management, and street lighting.
Definition of "Utility" as a basic necessity for residential properties
This definition applies "Utility" to residential real estate.
"Utility" refers to essential residential services, such as water, gas, and electricity, required for habitability.
Definition of "Utility" as infrastructure necessary for commercial development
This definition ties "Utility" to land development projects.
"Utility" means the availability of essential services such as power, water, and sewer systems required for commercial land development and occupancy.
Definition of "Utility" as a contractual service obligation in facility management
This definition connects "Utility" to facility management agreements.
"Utility" refers to the contracted provision of power, water, and telecommunications services necessary for facility operations.
Definition of "Utility" as a cost factor in property management
This definition links "Utility" to financial considerations in real estate.
"Utility" means any required service that contributes to the operational expenses of a property, including electricity, heating, and sanitation.
Definition of "Utility" as a public service subject to rate regulation
This definition applies "Utility" to pricing controls.
"Utility" refers to any essential service whose rates and terms of service are subject to regulatory approval by government authorities.
Definition of "Utility" as a core component of infrastructure investment
This definition ties "Utility" to infrastructure planning and funding.
"Utility" means any service or system that forms an integral part of infrastructure investment, including power grids and water distribution networks.
Definition of "Utility" as a necessary function for workplace operations
This definition connects "Utility" to office and industrial workplaces.
"Utility" refers to the services required to maintain a functional workplace environment, including energy, internet access, and climate control.
Definition of "Utility" as a factor in environmental sustainability
This definition links "Utility" to green energy initiatives.
"Utility" means services related to energy, water, and waste management that align with environmental sustainability and conservation policies.
Definition of "Utility" as a prerequisite for construction projects
This definition applies "Utility" to construction site planning.
"Utility" refers to essential services that must be established before construction begins, including water, power, and sewer connections.
Definition of "Utility" as a contractual service liability in commercial transactions
This definition ties "Utility" to business contracts.
"Utility" means any essential service required for operations, the costs of which are contractually assigned to a specific party.
Definition of "Utility" as an operating requirement for manufacturing plants
This definition connects "Utility" to large-scale production facilities.
"Utility" refers to energy, water, and waste services essential for maintaining production processes in manufacturing plants.
Definition of "Utility" as a variable expense in corporate budgeting
This definition links "Utility" to financial forecasting.
"Utility" means any fluctuating operational cost related to essential services such as electricity and telecommunications.
Definition of "Utility" as a municipal fee-based service
This definition applies "Utility" to government-operated services.
"Utility" refers to a service provided by a municipality for a recurring fee, including water, waste collection, and public transportation.
Definition of "Utility" as a necessary service for tenant obligations
This definition ties "Utility" to tenant responsibilities in lease agreements.
"Utility" means the essential services, such as electricity, gas, and water, that tenants are responsible for maintaining under the terms of a lease.
Definition of "Utility" as a required component of disaster recovery planning
This definition connects "Utility" to emergency preparedness.
"Utility" refers to critical infrastructure services, including backup power and water supply, required for disaster response and recovery operations.
Definition of "Utility" as a regulated entity in public-private partnerships
This definition links "Utility" to cooperative service agreements.
"Utility" means a service provider operating under a public-private partnership to deliver essential infrastructure, such as water treatment and power generation.
Definition of "Utility" as a shared resource in multi-tenant properties
This definition applies "Utility" to shared property management.
"Utility" refers to essential services, such as heating and cooling, that are collectively managed and distributed among multiple tenants.
Definition of "Utility" as a fundamental aspect of smart city infrastructure
This definition ties "Utility" to technology-driven urban planning.
"Utility" means technologically integrated services, such as smart grids and automated water management systems, essential for modern urban infrastructure.
Definition of "Utility" as a cost subject to reimbursement in service contracts
This definition connects "Utility" to cost-sharing agreements.
"Utility" refers to expenses for essential services that may be reimbursed under service agreements, including telecommunications and energy costs.
Definition of "Utility" as a required input for data centers
This definition links "Utility" to IT infrastructure.
"Utility" means power, cooling, and networking services required to sustain data center operations and ensure uptime reliability.
Definition of "Utility" as a condition for occupancy permits
This definition applies "Utility" to legal building requirements.
"Utility" refers to essential services, such as water and electricity, that must be operational for a property to receive an occupancy permit.
Definition of "Utility" as a non-interruptible service for healthcare facilities
This definition ties "Utility" to critical hospital operations.
"Utility" means any essential service, including electricity and oxygen supply, required for the continuous operation of healthcare facilities.
Definition of "Utility" as a necessary component of leasehold improvements
This definition connects "Utility" to construction and renovations.
"Utility" refers to the installation and maintenance of essential services, such as HVAC and plumbing, as part of leasehold improvements.
Definition of "Utility" as a condition for financing property development
This definition links "Utility" to real estate funding.
"Utility" means the provision of infrastructure services, such as water and sewer systems, that are prerequisites for securing development financing.
Definition of "Utility" as a factor in operational risk assessment
This definition applies "Utility" to corporate risk management.
"Utility" refers to essential services that impact business continuity and are assessed as part of an organization's operational risk strategy.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.