Availability Target definition

Availability Target means the target amount of availability of the licensee’s
Availability Target means the monthly target of Available Hours for a Service expressed as a percentage of the total hours within a calendar month (subject to clause 2.2), if specified in an applicable Service Description;
Availability Target means the maximum available time minus Downtime excluding Scheduled Outages and exclusions specified in the SLA, over a 12-month period from the time of commencement of this Agreement;

Examples of Availability Target in a sentence

  • MaineDOT will analyze each project and create a Project Availability Target (PAT), based on a number of factors including project scope, available DBE firms, firms certified in particular project work, etc.

  • The Network Availability Target, Packet Loss Target, and Latency Target is calculated on an IP Connectivity Service basis.

  • In the event that in any calendar month, the Electricity Availability for Colocation Services, is lower than the Electricity Availability Target, Customer shall be eligible to receive a Service Credit (the “ Electricity Availability Credit”).

  • In the event that in any calendar month, the DDoS IP Protection Availability is lower than the DDoS IP Protection Availability Target, Customer shall be eligible to receive a Service Credit (the “ DDoS IP Protection Credit”).

  • In the event that in any calendar month, the Network Availability within Leaseweb’s Network, is lower than the Network Availability Target, Customer shall be eligible to receive a Service Credit (the “ Network Availability Credit”).

  • In the event that in any calendar month, the Service Availability, is lower than the Wavelength Service Availability Target, Customer shall be eligible to receive a Service Credit (the “ Wavelength Service Availability Credit”).

  • Unless otherwise determined by the Committee, the terms "retirement" and "disability" as used under the Plan will be construed by reference to the provisions of the Westinghouse Pension Plan or other similar plan or program of the Company applicable to a Participant.

  • In the event that in any calendar month, the Service Availability, is lower than the Ethernet Service Availability Target, Customer shall be eligible to receive a Service Credit (the “ Ethernet Service Availability Credit”).

  • The Network Availability Credit shall be equal to 2% of the Monthly Recurring Fee for IP Connectivity for the respective month for every 1% (or part thereof) that the Network Availability falls below the Network Availability Target.

  • The Ethernet Service Availability Credit shall be equal to 1% of the Monthly Recurring Fee for Ethernet Service for the respective month for every 0.1% (or portion thereof) that the Service Availability falls below the Ethernet Service Availability Target.


More Definitions of Availability Target

Availability Target means the target amount of time in any Relevant Year during the Regime Duration that Interconnector Capacity is made available over the licensee’s Interconnector and has the value of 8,507,403 MWh (subject to adjustments to account for partial years in accordance with Part F of this condition) “Interconnector Outage” means any reduction of the licensee’s Interconnector Capacity in either direction “Interconnector Availability” means the availability of Interconnector Capacity over the licensee’s Interconnector
Availability Target. – means the target level of available capacity in MW for the Tariff Year, set based on the previous performance of the Regulated Generator and adjusted for expected maintenance, forced outages and other causes of unavailability;
Availability Target refers to the minimum Availability levels PETRYNA ADVERTISING will provide to Client. The targets and timelines for different Availability measures are set out in Section 5.
Availability Target means the target level of Availability Capacity for the year, adjusted for expected maintenance, forced outages and other causes of unavailability;
Availability Target means Availability of 99.5%.
Availability Target means the targeted average Availability per Month of each calendar month that is part of the period of 12 calendar months immediately preceding Signify’s calculation of the Availability, which target is identified in the relevant Software Services Specification Sheet.

Related to Availability Target

  • Availability Block means $15,000,000.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Average Availability means, at any Adjustment Date, the average daily Availability for the fiscal quarter immediately preceding such Adjustment Date.

  • Maximum Availability has the meaning set forth in Section 2.1.1.

  • Undrawn Availability at a particular date shall mean an amount equal to (a) the lesser of (i) the Formula Amount or (ii) the Maximum Revolving Advance Amount, minus (b) the sum of (i) the outstanding amount of Advances plus (ii) all amounts due and owing to Borrower's trade creditors which are outstanding beyond normal trade terms, plus (iii) fees and expenses for which Borrower is liable but which have not been paid or charged to Borrower's Account.

  • LIBOR Total Spread means, for each Interest Period: (A) three-fourths of one percent (3/4 of 1%); (B) minus (or plus) the weighted average margin, for such Interest Period, below (or above) the London interbank offered rates, or other reference rates, for six-month deposits, in respect of the Bank’s outstanding borrowings or portions thereof allocated by the Bank to fund single currency loans or portions thereof made by it that include the Loan; as reasonably determined by the Bank and expressed as a percentage per annum.

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.

  • Borrowing Base Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the sum of the Revolving Credit Exposures of the Lenders on such day, and the denominator of which is the Borrowing Base in effect on such day.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

  • Anticipated State average revenue availability per student means the sum of all anticipated total county revenue availability divided by the average daily membership for the State.

  • Anticipated total county revenue availability per student means the anticipated total county revenue availability for the county divided by the average daily membership of the county.

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Borrowing Availability means as of any date of determination the Maximum Amount less the sum of (i) the Revolving Loan and Swing Line Loan then outstanding and (ii) the Reserves as then in effect.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Availability Termination Date the earlier of (i) the date that is the seventh anniversary of the Closing Date and (ii) the date on which the Administrative Agent delivers to the Servicer a notice of termination as a result of a Termination Event in accordance herewith (or the date on which such termination becomes effective automatically pursuant to Section 7).

  • Streamline Period is, on and after the Effective Date, provided no Event of Default has occurred and is continuing, the period (a) commencing on the first day of the month following the day that Borrower provides to Bank a written report that Borrower has, at all times during the immediately preceding month, maintained an Adjusted Quick Ratio, as determined by Bank in its sole discretion, of at least the Required Streamline Ratio; and (b) terminating on the earlier to occur of (i) the occurrence of an Event of Default, and (ii) the first day thereafter in which Borrower fails to maintain the Required Streamline Ratio, as determined by Bank in its sole discretion. Upon the termination of a Streamline Period, Borrower must maintain the Required Streamline Ratio each consecutive day for one (1) fiscal quarter as determined by Bank in its sole discretion, prior to entering into a subsequent Streamline Period. Borrower shall give Bank prior written notice of Borrower’s election to enter into any such Streamline Period, and each such Streamline Period shall commence on the first day of the monthly period following the date Bank determines, in its sole discretion, that the Required Streamline Ratio has been achieved.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Availability Incentive Payments has the meaning set forth in the CAISO Tariff.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • System Availability means, with respect to any particular calendar month, the ratio obtained by subtracting Unscheduled Downtime during such month from the Total Monthly Time, and thereafter dividing the difference so obtained by the Total Monthly Time. Represented algebraically, System Availability for any particular calendar month is determined as follows:

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such day is equal to or greater than 5.25%.

  • Average Revolver Usage means, with respect to any period, the sum of the aggregate amount of Revolver Usage for each day in such period (calculated as of the end of each respective day) divided by the number of days in such period.