Intended Usage definition

Intended Usage is as specified in the Project Outline; “Job date/time” is as specified in the Project Outline; “Location” is as specified in the Project Outline;

Examples of Intended Usage in a sentence

  • Unless the Property is zoned for its current usage and can be legally used for its intended usage (BUYER'S Intended Usage) or if there is notice of proposed zoning changes or deed or other restrictions of title matters that could prevent such use at the time of closing, BUYER will have the right to terminate this Agreement.

Related to Intended Usage

  • Facility Usage means, at the time in question, the aggregate amount of outstanding Loans and LC Obligations at such time.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Maximum Availability has the meaning set forth in Section 2.1.1.

  • Permitted Amount means, on any date, an amount equal to 3.5 times Adjusted EBITDA as of the most recent fiscal quarter for which financial statements of the Company are internally available immediately preceding such date.

  • System Availability means, with respect to any particular calendar month, the ratio obtained by subtracting Unscheduled Downtime during such month from the Total Monthly Time, and thereafter dividing the difference so obtained by the Total Monthly Time. Represented algebraically, System Availability for any particular calendar month is determined as follows: