EEAF definition
Examples of EEAF in a sentence
The President, or designee, may establish policies and procedures for the EEAF.
The College shall maintain in effect the Employee Emergency Assistance Fund (EEAF) available at the effective date of this agreement.
The obligations to meet the guarantee respecting Equipment Equivalent Availability Factor (EEAF) as set forth in Clause 4.0 of this Appendix 4 or to pay Reliability Liquidated Damages for acceptable deviations as stated in that Clause.
For purposes of this Clause the EEAF shall be rounded to the nearest one hundredth of a percentage point.
With respect to Reliability LDs, if Owner does not recover or seek to recover from Buyer liquidated damages for failure to achieve the guaranteed Facility EAF under the Prime Contract, Buyer shall not be entitled to recover Reliability LDs under this Agreement for Seller’s failure to meet his guaranteed EEAF.
The Equipment Equivalent Availability Factor (EEAF) and the Facility Equivalent Availability Factor (EAF) shall be logged from the date of commencement of the Reliability Test.
If the EEAF is less than the Reliability Guarantee for reasons that are not solely attributable to Seller, Seller shall pay an amount equal to the proportionate share of Seller’s responsibility.
If in the Completed Reliability Test, the EEAF is less than the Reliability Guarantee value (EEAF) listed above, Seller shall pay as liquidated damages an amount calculated at the rate shown below.
The College President, or designee, may establish policies and procedures for the EEAF.
Buyer will advise Seller when any event occurs which affects the EEAF.