Examples of Average Utilization in a sentence
Average Utilization is calculated by dividing the cost of Average Rental Equipment on rent by the total cost of Average Rental Equipment.
Average Utilization for the period is calculated using the average costs of the rental equipment.
Average Utilization and Cost figures, where appropriate, should be recalculated to assess the accuracy of figures included in Report #6 (A).
Upon deposit of such cash collateral as provided herein, such Bankers’ Acceptances shall not be considered to be outstanding for any purpose hereunder, including, without limitation, calculation of Average Utilization and availability under the Borrowing Limit.
See Average Utilization of the Nation’s Natural Gas, supra note 75 (“[T]he low cost of coal relative to natural gas until recent years favored the use of coal-fired generating units to fulfill baseload electricity demand, leading plant operators to run these units at rates close to their output capacity during peak demand hours.