Availability Bonus Sample Clauses

Availability Bonus. During each Summer Month of the Services Term in which the Availability of the Units is 99% or greater, AA for the Units, measured as a percentage, shall be 102%.
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Availability Bonus. (i) The Capacity Payment payable by Party B shall be increased by an amount (the “Availability Bonus”) calculated as follows: if the Availability of any Designated Unit during Peak Times of any Designated Month (each, in respect of the relevant Designated Unit, the “Peak Time Unit Availability”) is greater than 86%, then, subject to Section 8(c)(ii), the Availability Bonus for such Designated Unit in respect of such Designated Month shall equal: For AL 1 $4,039 multiplied by (Peak Time Unit Availability minus 86%), For AL 5 $11,077 multiplied by (Peak Time Unit Availability minus 86%), For AL 6 $11,077 multiplied by (Peak Time Unit Availability minus 86%), For HB 1 $5,000 multiplied by (Peak Time Unit Availability minus 86%), For HB 2 $5,000 multiplied by (Peak Time Unit Availability minus 86%), and For RB 6 $4,008 multiplied by (Peak Time Unit Availability minus 86%). If the Peak Time Unit Availability is less than 86%for a Designated Unit, then the Availability Bonus for such Designated Unit for such Designated Month shall be zero.
Sample 1
Availability Bonus. 6.9.1 For the Summer of each Year, LEM shall pay to Georgia Power a lump sum bonus for achieving Availability according to the following schedule: [redacted]
Sample 1
Availability Bonus. (a) If for any Production Period, the Measured Average Availability for such Production Period is greater than 96% for such Production Period, Buyer shall pay Supplier a bonus for such Production Period (the “Availability Bonus”), calculated pursuant to the formula set forth below: Availability Bonus = (MAA – 96% Bonus Rate Wind TurbinePROD Where: MAA = Measured Average Availability calculated for the relevant Production Period in accordance with Section 3.2. Bonus Rate = 50% of the LD Rate. Wind TurbinePROD = The sum of net metered output (in MWh) of all Wind Turbines during the relevant Production Period, as measured by Buyer’s revenue quality meter, divided by the Measured Average Availability calculated for the relevant Production Period in accordance with Section 3.2.
Sample 1
Availability Bonus. A. Employees subject to this Agreement will be provided with an annual bonus which recognizes availability for service. An active employee in the Maintenance of Way Department who occupies a position on the seniority roster at the beginning of the year will qualify for a bonus of $700.00 at the end of the year if that employee has not laid off due to illness the entire year. For each day during the year such employee lays off due to illness the bonus will be reduced by $100.00.
Sample 1
Availability Bonus. If a Signal Technician is available for all weekly standby roster blocks referred to in Clauses 3.1.1, 3.1.2 and 3.1.4 (ie not requiring management to organise a replacement Signal Technician for the particular rostered week), the Signal Technician will be paid the applicable “Availability Bonus”. The “Availability Bonus” will still apply if the Signal Technician, as the normal rostered Signal Technician, arranges a swap with another Signal Technician.
Sample 1

Related to Availability Bonus

  • Undrawn Availability After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $10,000,000;

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • Excess Availability Borrowers shall have Excess Availability at all times of at least (i) as of any date of determination during the period from June 24, 2016 through and including July 7, 2016, $10,000,000, (ii) as of any date of determination during the period from July 8, 2016 through and including September 29, 2016, $17,500,000, and (iii) as of any date of during the period from September 30, 2016 through and including December 31, 2016, $20,000,000.

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Maximum Advance Amount The amount of an Advance requested by the Company shall not exceed the Maximum Advance Amount. In addition, in no event shall the number of shares issuable to the Investor pursuant to an Advance cause the aggregate number of shares of Common Stock beneficially owned by the Investor and its affiliates to exceed nine and 9/10 percent (9.9%) of the then outstanding Common Stock of the Company. For the purposes of this section beneficial ownership shall be calculated in accordance with Section 13(d) of the Exchange Act.

  • Availability of Earnings Statements The Company shall make generally available to holders of its securities as soon as may be practicable but in no event later than the last day of the fifteenth (15th) full calendar month following the calendar quarter in which the most recent effective date occurs in accordance with Rule 158 of the Rules and Regulations, an earnings statement (which need not be audited but shall be in reasonable detail) for a period of twelve (12) months ended commencing after the effective date, and satisfying the provisions of Section 11(a) of the Act (including Rule 158 of the Rules and Regulations).

  • Maximum Credit Patheon's liability for Active Materials calculated in accordance with this Section 2.2 for any Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in Schedule D to a Product Agreement.

  • Maximum Leverage Permit, as of any fiscal quarter end, the ratio of (a) Adjusted Portfolio Equity as of such fiscal quarter end to (b) Funded Debt as of such fiscal quarter end, to be less than 5.00 to 1.00.

  • Availability Reserves All Revolving Loans otherwise available to Borrower pursuant to the lending formulas and subject to the Maximum Credit and other applicable limits hereunder shall be subject to Lender's continuing right to establish and revise Availability Reserves.

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