Downtime Percentage definition

Downtime Percentage means (a) for purposes of determining the Downtime Percentage for the Gathering System, an amount equal to the quotient of (i) the sum of all daily losses (in MMBtu) for the Gathering System for the applicable period divided by (ii) the sum of (y) the amount (in MMBtu) of the total deliveries of Dedicated Production for the applicable period and (z) the sum of all daily losses (in MMBtu) for the Gathering System for the applicable period and (b) for purposes of determining the Downtime Percentage for an Individual System, an amount equal to the quotient of (i) the sum of all daily losses (in MMBtu) for such Individual System for the applicable period divided by (ii) the sum of (y) the amount (in MMBtu) of the total deliveries of Dedicated Production for such Individual System for the applicable period and (z) the sum of all daily losses (in MMBtu) for such Individual System for the applicable period.
Sample 1Sample 2Sample 3
Downtime Percentage means, with respect to any Facility Segment during the Applicable Month, an amount equal to the quotient of (a) the aggregate number of Downtime Hours during the Applicable Month, divided by (b) the total hours during the Applicable Month.
Sample 1Sample 2Sample 3
Downtime Percentage means, with respect to any Individual System during a specified period, an amount equal to the quotient of (a) aggregate of the hours during which such Individual System was unavailable to provide Services during such period divided by (b) the total hours during the applicable period.
Sample 1Sample 2Sample 3

Examples of Downtime Percentage in a sentence

  • Uptime percentage will be calculated as (100% less Downtime Percentage).

  • Uptime percentage - 100% less Downtime Percentage Downtime percentage - Unavailable Time divided by Total Available Time, calculated on a monthly basis.

  • Uptime percentage - 100% less Downtime Percentage Downtime percentage - Unavailable Time divided by Total Available Time, calculated on a quarterly basis.

  • Uptime percentage will be calculated as (100% less Downtime Percentage) for each device.

  • No credit shall be due to Subscriber if the Downtime Percentage is less than one percent (1%).

  • Uptime percentage shall be calculated as (100 - Downtime Percentage).

  • PTC’s and its licensors’ entire liability and Subscriber’s exclusive remedy for any breach by PTC of the warranty given in this Section 11(a) shall be to credit to Subscriber a portion of its User Subscription Fees for the month during which such breach of warranty occurred, which credit shall be equal to the User Subscription Fees for such month multiplied by the Downtime Percentage.

  • The penalty will be calculated as per the details given below.Uptime percentage - 100% less Downtime Percentage Downtime percentage - Unavailable Time divided by Total Available Time, calculated on a monthly basis.

  • For purposes of this Availability Commitment: • The Monthly Uptime Percentage is calculated by subtracting the Monthly Downtime Percentage from 100%.

  • Bidder will have to guarantee a minimum uptime of 95%, calculated on a quarterly basis.b. Uptime percentage will be calculated as (100% less Downtime Percentage) for each device.


More Definitions of Downtime Percentage

Downtime Percentage means the percentage below the Monthly Uptime Percentage that the Shape Software has not been available in such period. For example, if the Monthly Uptime Percentage is 99.5% and the Shape Software has been available in such period 98% of the time, the Downtime Percentage is 1.5%.
Sample 1Sample 2
Downtime Percentage shall equal the result obtained by dividing (1) the aggregate number of minutes of Transaction Outages during such month by (2) the aggregate number of minutes in such month (excluding the aggregate number of minutes of any scheduled maintenance performed during Scheduled Downtime that would otherwise have qualified as a Transaction Outage if it was not performed during Scheduled Downtime). Subscriber may apply such credit against any outstanding or future User Subscription Fees during the then current Subscription Term or any Renewal Term. Notwithstanding anything to the contrary herein, Subscriber must make a written request for a credit under this provisions within five business days after the end of the applicable Transaction Outage and if Subscriber fails to so request a credit, no credit shall be due to Subscriber.
Sample 1Sample 2
Downtime Percentage means 99.5% minus the actual Monthly Uptime Percentage in any calendar month.
Sample 1
Downtime Percentage means unavailable time divided by time available (based upon a day of 12 hours). "Unavailable time" is time involved while a hardware or software component of the System is inoperative or operates inconsistently or erratically or is in the process of being maintained or repaired. For purposes of this Section, no more than one consecutive weekend day of downtime in any weekend shall be counted as Unavailable time.
Sample 1
Downtime Percentage is calculated as follows: Total number of minutes of Downtime in the calendar month x 100% Total number of minutes in the calendar month “Monthly uptime percentage” or “uptime” is calculated by subtracting downtime percentage from 100%. Service Commitment PacHosting makes a commitment in providing 99.95% uptime SLA for all services. In the event PacHosting failed to meet the commitment, Subscriber will be eligible to receive a SLA Credit as stated below. SLA Credits SLA Credits apply only to fees paid for the particular service or service add-ons which uptime has not been met. SLA credits do not apply to domain registration, SSL certificate and other License service. The SLA Credit payable in any month will be calculated as follows: Downtime percentage x Monthly fee x 2 Maximum refund of the month equals to one-month monthly subscription fee. Mode of Credit The SLA Credit will be paid by crediting the amount of such refund to the Subscriber account fee and subscriber may apply this SLA credits to future charges of the relevant account.
Sample 1

Related to Downtime Percentage

  • Uptime Percentage means Uptime expressed as a percentage, calculated in accordance with the following formula:

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the excess of the Required Coupon over the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is such Required Coupon. As to any Non-Discount Mortgage Loan, 0%.

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • Non-PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is the Required Coupon. As to any Non-Discount Mortgage Loan, 100%.

  • Utilization Percentage means, on any day, the percentage produced by dividing (a) the aggregate Revolving Credit Exposures by (b) the total Commitments, unless the Commitments shall have been terminated, in which case the Utilization Percentage shall be 100%.

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • Total Percentage means, with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender’s Aggregate Exposure at such time to the Aggregate Exposure of all Lenders at such time.

  • NOLV Percentage the net orderly liquidation value of Inventory, expressed as a percentage, expected to be realized at an orderly, negotiated sale held within a reasonable period of time, net of all liquidation expenses, as determined from the most recent appraisal of Borrowers’ Inventory performed by an appraiser and on terms satisfactory to Agent.

  • Target Percentage means those percentages assigned to Participants pursuant to Section 3.2 hereof.

  • Designated Percentage shall have the meaning set forth in Section 1(a) hereof.

  • Allocable Percentage means, on any date of determination thereof, a fraction the denominator of which shall be equal to the number of Borrowers who are parties to this Agreement on such date and the numerator of which shall be 1; provided, however, that such percentages shall be modified in the event that contribution from a Borrower is not possible by reason of insolvency, bankruptcy or otherwise by reducing such Borrower’s Allocable Percentage equitably and by adjusting the Allocable Percentage of the other Borrowers proportionately so that the Allocable Percentages of all Borrowers at all times equals 100%.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Strike Percentage means 100%

  • Class B-2 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Percentage for such Distribution Date will be zero.

  • Pool Percentage With respect to each Mortgage Pool and any Distribution Date, the fraction, expressed as a percentage, the numerator of which is the Pool Balance for such Mortgage Pool for such date and the denominator of which is the Aggregate Pool Balance for such date.

  • Purchase Percentage means, with respect to any Purchased Asset, the applicable Maximum Purchase Percentage specified in Schedule 1 (or as otherwise specified in the applicable Confirmation), as adjusted in accordance with Schedule 1 (or as otherwise specified in the applicable Confirmation).

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Annual Percentage Rate or “APR” of a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.

  • CAM Percentage means, as to each Lender, a fraction, expressed as a decimal, of which (a) the numerator shall be the aggregate Dollar Equivalent of the Designated Obligations owed to such Lender (whether or not at the time due and payable) immediately prior to the CAM Exchange Date and (b) the denominator shall be the aggregate Dollar Equivalent amount of the Designated Obligations owed to all the Lenders (whether or not at the time due and payable) immediately prior to the CAM Exchange Date.

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.

  • Constant Percentage 2 means 100%;

  • Deferral Percentage means the percentage (which, unless the Administrator, in his or her sole discretion, determines otherwise, shall be in whole percentage increments and not more than 90%) specified by the Participant to be the percentage of each payment of Compensation he or she wishes to defer under the Plan.

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Constant Percentage 1 means 100%;