It won't be offered for new lines. Invoices and quotes already billed with it keep it.
Still used by = escapeHtml($uses ? implode(', ', $uses) : 'nothing but the default') ?>= $uses && $usage['default'] ? ', and it is the default' : '' ?>.
Left where they are, recurring invoices and drafts keep charging it, products and clients fall back to the next rate along for new lines= $usage['default'] ? ', and there is no default until you pick one' : '' ?>.