Minimum Usage definition

Minimum Usage means 90% of Anticipated Usage.

Minimum Usage means, for each Transaction, Actual Usage of 90% of the applicable Anticipated Usage, unless otherwise specified in the applicable Transaction Agreement.

Minimum Usage means the percentage of allowable usage below the Anticipated Energy Usage, if applicable, as defined in the Transaction Confirmation.

Examples of Minimum Usage in a sentence

• ResidentialMonthly Minimum Usage Charge (MUC) and Per-Minute Usage Rates Customer Subscribes To If monthly outbound domestic 1+ Direct-Dialed usage equals the MUC in a billing period, MUC will not apply.

• Monthly Minimum Usage - Customers subscribed to this plan must pay a monthly minimum usage charge, as specified in http://consumer.mci.com/mci_service_agreement/res_domestic_services.jsp; except that customers who are subscribed to this plan and who have selected the Company for intralata service only will be charged a monthly minimum charge of $5.00.

• Prior Minimum Usage Requirement: The existing vehicle must have met the mileage or fuel usage requirements in Appendix O or P, as applicable, in each twelve (12) month period for the previous twenty four (24) months.

• Minimum Usage Exempt Group 5 - Specialty Description: Vehicles in this category are specialty vehicles that are not suitable for general use.

• Vehicle Types: Sedans, sport utility vehicles, minivans and pick-up trucks that are primarily used to transport people and general cargo to conduct routine state business Minimum Usage: Vehicles in this category must be used a minimum of 80% of the available time or be driven a minimum of 8400 miles annually.

More Definitions of Minimum Usage

Minimum Usage shall have the meaning specified therefor in Section 2.4(d).

Minimum Usage mean the minimum number of hours that the Hirer must pay for at the Rate in a particular period as specified in the Order(regardless of whether or not the Hirer actually uses the Equipment for those hours);

Minimum Usage means an amount equal to seventy percent (70%) of the Maximum Facility Amount. “Xxxxx’x” means Xxxxx’x Investors Services, Inc., or any successor thereto.

Minimum Usage means an amount equal to seventy percent (70%) of the Maximum Facility Amount. “Moody’s” means Xxxxx’x Investors Services, Inc., or any successor thereto. “Multiemployer Plan” means a “multiemployer plan” as defined in Section 4001(a)(3) of ERISA to which Holdings, a Loan Party or any ERISA Affiliate contributed or had any obligation to contribute on behalf of its employees at any time during the current year. “Multiple Employer Plan” means an employee benefit plan (as defined in Section 3(3) of ERISA) which has two or more contributing sponsors (including Holdings, each Loan Party or any ERISA Affiliate) at least two of whom are not under common control, as such a plan is described in Section 4064 of ERISA. “NAIC” has the meaning assigned to that term in Section 3.01(g)means National Association of Insurance Commissioners. “Net Income” means for any period, the net income (or loss) of the Loan Parties, determined on a consolidated basis, after deduction of all expenses, taxes, and other proper charges, determined in accordance with GAAP. “Non‐Call Period” has the meaning assigned to that term in Section 2.04(d). “Non‐Consenting Lender” means any Lender that does not approve any consent, waiver, amendment, modification or termination that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 11.01 and (b) has been approved by the Majority Lenders. “Non‐Dollar Amount” has the meaning assigned to that term in the definition of “Dollar Equivalent.” “Non‐U.S. Lender” has the meaning assigned to that term in Section 2.13(e). “Non‐Usage Fee” shall mean, for any day, from and including the Closing Date to, but excluding, the Facility Termination Date and other than any day on which a Market Trigger Event has occurred and is continuing (with written notice of such Market Trigger Event provided Year after Closing

Minimum Usage means the minimum number of gallons of propane gas that a consumer must purchase during the term of the contract in order to avoid the payment of an underutilization fee.

Minimum Usage has the meaning set forth in Section 2.7(c)(iii).

Minimum Usage. For all of the LMB Customers that Buyers purchases pursuant to this Agreement, that do not xxxx a minimum of $20.00 in telecommunication charges, shall pay an additional $2.50 per month (the "Monthly Minimum Payment").