Actual Utilization definition

Actual Utilization means the actual number of Flight Hours and Cycles operated by the Airframe, an Engine or Part during any stated period.
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Examples of Actual Utilization in a sentence

  • Status at this time should reflect all paid contract quantities) Final Actual Utilization Plan for All Subcontractors (TA 1058; for FA Projects use TA 1058F);  Non-Revenue Pass Plates.

  • Status at this time should reflect all paid contract quantities) Final Actual Utilization Plan for All Subcontractors (TA 1058; for FA Projects use TA 1058F); • Non-Revenue Pass Plates.

  • If the Actual Utilization Amount for any such period is less than the Minimum Utilization Amount, Seller shall pay to Buyer on such date, a Non-Utilization Fee for such period.

  • If the Actual Utilization Amount for any such period is less than the Minimum Utilization Amount, Sellers shall pay to Buyer on such date, a Non-Utilization Fee for such period.

  • Commencing on the Closing Date and continuing an a monthly basis through and including the Commitment Termination Date, Agent shall determine the Actual Utilization Amount for the immediately preceding month (or any partial month, as applicable).