{"component": "definition", "props": {"groups": [{"snippet": "means (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 12.5%; (b) in respect of (A) any investment or acquisition permitted pursuant to clause (u) of the definition of \u201cPermitted Investments\u201d or (B) clause (c)(i) of the definition of \u201cPermitted Acquisitions,\u201d 10.0%; (c) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 12.5%; (d) in respect of any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b), 10.0%; and (e) in respect of any Asset Sale that would otherwise have to comply with Subsection 8.5, 10.0%.; and (ii) \u201cFixed Charge Condition\u201d shall mean 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) exceeds: (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 17.5%; (b) in respect of any acquisition permitted 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(b) in respect of (A) any investment or acquisition permitted pursuant to clause (u) of the definition of \u201cPermitted Investments\u201d or (B) clause (c)(i) of the definition of \u201cPermitted Acquisitions,\u201d 10.0%; (c) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 12.5%; (d) in respect of any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b), 10.0%; and (e) in respect of any Asset Sale that would otherwise have to comply with Subsection 8.5, 10.0%.; and (ii) \u201cFixed Charge Condition\u201d shall mean 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) exceeds: (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 17.5%; (b) in respect of any acquisition permitted pursuant to clause (c)(i) of the definition of \u201cPermitted Acquisitions\u201d, 15.0%; (c) in respect of any investment permitted pursuant to clause (u) of the definition of \u201cPermitted Investments\u201d, 15.0%; (d) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 15.0%; and (e) in respect of (A) any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b) or (B) any Asset Sale that would otherwise have to comply with Subsection 8.5, 15.0%.", "size": 99, "id": "availability-percentage", "examples": ["The monthly <strong>Availability Percentage</strong> equals the Scheduled Uptime per month less Unavailable Time per month divided by Scheduled Uptime per month multiplied by 100.", "For each month the Mechanical <strong>Availability Percentage</strong> shall be calculated and rounded to the nearest full percentage.", "Department shall not be entitled to any liquidated damages hereunder to the extent that Seller&#x27;s failure to achieve a specific Mechanical <strong>Availability Percentage</strong> was caused by (i) Department or any of its agents, contractors, vendors or employees, (ii) an Uncontrollable Force, or (iii) a Delivery Event.", "The provisions of this Section 4.01 shall be the exclusive remedies of Department for Seller&#x27;s failure to meet a specific Mechanical <strong>Availability Percentage</strong> so long as such failure is not due to intentional conduct of Seller.", "In the event the Facility has failed to meet a seventy percent (70%) Mechanical <strong>Availability Percentage</strong>, calculated on an annual average basis, in any two (2) out of three (3) years, Department shall have the right, within thirty (30) Days of such time, in its sole discretion, to terminate this Agreement without further obligation or liability to Seller.", "Seller guarantees that, as calculated by the thirtieth (30th) Day of each Invoice Month following the Commercial Operation Date, the Facility shall have achieved (a) a Mechanical <strong>Availability Percentage</strong> of 96% for operations during the months of June, July, August, September, October, December, January and February; and (ii) a Mechanical <strong>Availability Percentage</strong> of 94% for operations during the months of November, March, April and May.", "Management Plane During each Measurement Period, the <strong>Availability Percentage</strong> will be 99.99% or greater.", "Service Levels Control Plane During each Measurement Period, the <strong>Availability Percentage</strong> will be 99.99% or greater.", "Measurement Process: The monthly <strong>Availability Percentage</strong> shall be based on the accumulative total of all Unavailable Time derived from all trouble tickets closed, for the affected service (Per Circuit ID), per calendar month.", "Service Level During each Measurement Period, the <strong>Availability Percentage</strong> will be 99% or greater."], "related": [["revolving-facility-percentage", "Revolving Facility Percentage", "Revolving Facility Percentage"], ["revolver-percentage", "Revolver Percentage", "Revolver Percentage"], ["applicable-commitment-percentage", "Applicable Commitment Percentage", "Applicable Commitment Percentage"], ["commitment-utilization-percentage", "Commitment Utilization Percentage", "Commitment Utilization Percentage"], ["revolving-availability-period", "Revolving Availability Period", "Revolving Availability Period"]], "related_snippets": [], "updated": "2026-04-30T06:05:53+00:00"}, "json": true, "cursor": ""}}