Total Available Time definition
Total Available Time. = (average number of PVCs in service during the month)*(days in month)* (minutes per day). The “average number of PVCs in service during the month” is the sum of the total number of PVCs in service at the end of each day during the month divided by the number of days in the month. If Customer’s Network Availability for any month is less than 99.92%, Customer will be entitled to a credit amount determined by applying a percentage, as specified below, to one month of Customer’s discounted Monthly Charges for all PVCs in service during the month, less any credits applied for PVCs that failed the TTR or Transit Delay performance objectives during the month. The credit calculation is as follows: Percentage * (Total PVC discounted Monthly Charges for month - Credits applied for TTR and/or Transit Delay for month) where Percentage equals:
Total Available Time. = (average number of PVCs in service during the month) * (days in month) * (minutes per day). The "average number of PVCs in service during the month" is the sum of the total number of PVCs in service at the end of each calendar day during the month divided by the number of days in the month.
Total Available Time is calculated by multiplying the Average Number of Domestic PVCs in service during a month by the total number of days in that month, multiplied by 1440 minutes per day.
Examples of Total Available Time in a sentence
Network Availability is defined as the percent of time that ATM is available for CUSTOMER use and is calculated by multiplying 100 by the result of [1 - (Total Outage Duration divided by Total Available Time)].