Mechanical Availability Credit Sample Clauses

Mechanical Availability Credit. If the Mechanical Availability of the Towboat Group or Barge Group is below ninety-five percent (95%) for a Mechanical Availability Calculation Period, then MPC will receive a “Credit” calculated pursuant to Exhibits E and F. The Credit, if any, shall be offset against the Monthly Payment due to HSM in the month immediately following the month of the Mechanical Availability Calculation Period.