Required Availability definition

Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.
Required Availability means that the sum of (a) Excess Availability, plus (b) Qualified Cash exceeds $25,000,000.
Required Availability means that the sum of (a) Excess Availability, plus (b) Qualified Cash exceeds $10,000,000.

Examples of Required Availability in a sentence

  • For clarity, the Required Availability Rate shall not apply to any Licensed Products other than the cloud-based speech recognition service component, such as software installed on Customer Systems.

  • Power’s other remedies under this Contract, should the Services Schedule provide that liquidated damages are payable if the Availability is less than the Required Availability Level, then such liquidated damages are payable in accordance with the terms of that Services Schedule unless the Unavailability is a direct result of periods of Scheduled Maintenance or actions taken by Western Power or AEMO.

  • What Is Required Availability of Relevant Data from Reliable Sources According to the U.S. Government Accountability Office’s Standards for Internal Control in the Federal Government, agencies should have policies and procedures in place to ensure the availability of relevant data from reliable sources.

  • DTC may amend the format for Calculation of Pre-Estimated Damage for Failure to Maintain Required Availability of Buses and Breakdown at any time.

  • Power’s other remedies under this Contract, should the Services Schedule provide that liquidated damages are payable if the Availability is less than the Required Availability Level, then such liquidated damages are payable in accordance with the terms of that Services Schedule.


More Definitions of Required Availability

Required Availability means that the sum of (a) Excess Availability, plus (b) Qualified Cash exceeds $75,000,000.
Required Availability means that the sum of (a) Excess Availability, plus (b) Qualified Cash exceeds $50,000,000.
Required Availability means that Excess Availability exceeds $15,000,000.
Required Availability means that the sum of (a) Excess Availability, plus (b) Qualified Cash exceeds $5,000,000.
Required Availability means that the sum of (a) Availability, plus (b) Qualified Cash exceeds $7,000,000.
Required Availability means Excess Availability in an amount of not less than $5,000,000.
Required Availability means that the sum of (a) Availability plus (b) Qualified Cash exceeds $4,500,000.