Average Usage definition

Average Usage means, on the applicable Adjustment Date, the quotient, expressed as a percentage, obtained by dividing (a) the average daily Outstanding Amount of the Total Revolving Credit Exposure for the Fiscal Quarter immediately preceding such Adjustment Date by (b) the average daily Aggregate Commitments (other than Commitments of Defaulting Lenders) for such Fiscal Quarter.

Average Usage means the average utilization of Revolving Commitments during the immediately preceding fiscal quarter.

Average Usage means, at any Adjustment Date, the average utilization of Revolving Commitments (expressed as a percentage) for the fiscal quarter immediately preceding such Adjustment Date.

Examples of Average Usage in a sentence

• Select Ornamental Luminaire (Acorn) $ 10.81 (No longer available after July 16, 2016)Note: “kWh” represents the Estimated Monthly Average Usage for each light type listedFiled September 6, 2018 Effective Usage on and after September 5, 2018 Filed in Compliance with approval at the September 5, 2018 Administrative MeetingA.

• Select Ornamental Luminaire (Acorn) $ 11.21 (No longer available after July 16, 2016)Note: “kWh” represents the Estimated Monthly Average Usage for each light type listedFiled August 13, 2020 Effective Usage on and after July 16, 2020 Filed in Compliance with approval at the August 12, 2020 Administrative MeetingA.

• The System Average Usage Rate shall be used for purposes of invoicing usage, such as imbalance payback, that cannot be identified by receipt basin and is identified by Transporter as a system receipt.

• The gross adjustment factor is equal to the Adjustment Basis Average Usage divided by the AdjustmentBasis Average CBLf. Determine the Final adjustment factor.

• Metathesasurus is a database in UMLS and contains a huge number of health and biomedical-related concepts and names and the relationship between them.

More Definitions of Average Usage

Average Usage means, as of any date of determination, the average daily balance of all Credit Extensions (excluding Swing Line Loans and FILO Loans) in the immediately preceding Fiscal Quarter.

Average Usage means the average utilization of Revolver Commitments during the immediately preceding fiscal quarter.

Average Usage means, as of any date of determination, the average daily balance of all Credit Extensions (excluding Swing Line Loans) in the immediately preceding Fiscal Quarter.

Average Usage means, at any Adjustment Date, the average daily aggregate Revolving Exposure for the applicable Subfacility (excluding any Revolving Exposure resulting from any outstanding Swingline Loans) for the fiscal quarter period immediately preceding such Adjustment Date divided by the Revolving Commitments in respect of such Subfacility at such time.

Average Usage means the average daily utilization of Revolving Commitments.

Average Usage means, as of any date of determination, (a) with respect to the Revolving Credit Facility, the average daily balance of all Credit Extensions (excluding Swing Line Loans) under the Revolving Credit Facility in the immediately preceding Fiscal Quarter, and (b) with respect to the FILO Credit Facility, the average daily balance of all Credit Extensions under the FILO Credit Facility in the immediately preceding Fiscal Quarter.

Average Usage or any other ratio used in the calculation of the Applicable Rate, or in the calculation of any other interest or fee due hereunder (including any component definition thereofexcept ​ ​ as otherwise contemplated in this Agreement) shall constitute a reduction in any rate of interest or fee hereunder;