Cross Utilization definition

Cross Utilization means sharing GP on a rent-free non-interference basis between authorized contracts.
View Source

Examples of Cross Utilization in a sentence

  • Cross Utilization: Employees who are cross-utilized as per Article 14.03 will earn the higher of the two wages based upon their present wage in their regular classification and the 0 – 1040 AHW wage rate of the classification into which the employee is being cross-utilized.

  • Distribution of Cross- Utilization will be done in an equitable fashion.

  • Receives Cross Utilization Training (CUT) to perform maintenance tasks associated within classification.

  • Become proficient to perform maintenance in three classifications (aircraft general, jet engines, and pneudraulics) through Cross Utilization Training (CUT).

  • In exchange for the cross utilization provisions contained within this paragraph the Company agrees to provide additional job protections as defined below  Job Protection – No displacement: Effective with the implementation of Cross Utilization by classification, no employee within that classification, will be involuntarily displaced from their current location (Non-Base) at any common location and including the accreted groups.

Related to Cross Utilization

  • Non-Utilization Fee has the meaning assigned thereto in the Pricing Side Letter.

  • Applicable Utilization Fee means, as of any date that the aggregate Advances exceed 33% of the aggregate Commitments, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: -------------------------------- ----------------------------- Public Debt Rating Applicable S&P/Moody's Utilization Fee -------------------------------- ----------------------------- Level 1 BBB+ or Baa1 or above 0.125% -------------------------------- ----------------------------- Level 2 BBB or Baa2 0.250% -------------------------------- ----------------------------- Level 3 BBB- and Baa3 ▇.▇▇▇% -------------------------------- ----------------------------- Level 4 BBB- or Baa3 ▇.▇▇▇% -------------------------------- ----------------------------- Level 5 BB+ and Ba1 ▇.▇▇▇% -------------------------------- ----------------------------- Level 6 Lower than Level 5 ▇.▇▇▇% -------------------------------- -----------------------------

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • Utilization of genetic resources means to conduct research and development, [conservation, collection, characterization, among others,] [including commercialization] on the genetic and/or biochemical composition of genetic resources, and [traditional knowledge associated with genetic resources] [including through the application of biotechnology] [as defined in Article 2 of the Convention on Biological Diversity].]

  • 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.