tamo nirodhāya bibharṣy asaṁvṛtaḥ
sthānāya sattvaṁ jagato jagat-pate
kālaḥ pradhānaṁ puruṣo bhavān paraḥ
The word jagataḥ in the third line of this verse indicates that the functions of creation, maintenance and annihilation are here mentioned in a cosmic context.
The word utkaṭam indicates that when a particular function is being carried out, whether universal creation, maintenance or annihilation, the particular material quality associated with that function becomes predominant.