Rolling Stock Availability definition

Rolling Stock Availability means the availability of the Rolling Stock for the provision of the Commuter Rail Services as determined in accordance with the Concession Agreement.
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Rolling Stock Availability means the aggregate amount, calculated on the Rolling Stock Availability Commencement Date and on the first (1st) day of the first month immediately following each Rolling Stock Appraisal Delivery Date, equal to the Rolling Stock Availability Appraised Value of Eligible Rolling Stock (including Eligible Rolling Stock on the Amendment No. 1 Effective Date and any Eligible Rolling Stock acquired subsequent to the Amendment No. 1 Effective Date) multiplied by the Rolling Stock Advance Rate.
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Related to Rolling Stock Availability

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

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • 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:

  • Average Availability means, with respect to any period, the sum of the aggregate amount of Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.