Uptime Performance Calculation Sample Clauses

Uptime Performance Calculation. For purposes of calculating the Uptime Performance level percentage, such computation shall be made over the Principal Coverage Period (“PCP”), which is specifically defined for the Equipment in the applicable warranty or in the service agreement. An example Uptime Performance percentage calculation is provided below. The Equipment’s Uptime Performance shall be calculated to comply with the above guidelines over a period of not less than 12 months. (PCP actual uptime hours) divided by (total PCP hours/year) PCP = 8 a.m. — 5 p.m. Monday-Friday excluding holidays 10 holidays 2 days down = 18 hours Total PCP hours/year = 9hoursX5days/weekX52weeks-90 holiday hours = 2250 (2250 total PCP hours per year — 18 hours down)/2250 Uptime-99.2% If the Equipment’s Uptime Performance level is found to be less than 97% (the “Guaranteed Percentage”), as computed in accordance with the above guidelines, then Supplier must extend the warranty or service agreement period by seven calendar days for every percentage point (rounded to the nearest percent) below the Guaranteed Percentage. For example, an Uptime Performance of 96% would result in a warranty or service agreement extension of seven calendar days; 95% Uptime Performance would result in a warranty or service agreement extension of 14 calendar days.