Operational Availability Sample Clauses

Operational Availability. Neither we nor any of our service providers assumes responsibility for the operation, security, functionality or availability of any Wireless Device or mobile network which you utilize to access the Mobile Banking Service.
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Operational Availability. The proportion of time a system is either operating, or is capable of operating, when used in a specific manner in a typical maintenance and supply environment. All calendar time when operating in accordance with wartime operational mode summary/mission profile (OMS/MP) is considered. The formula is as follows: Ao = OT + ST OT + ST + TCM + TPM + TALDT = Total Calendar Time Minus Total Downtime Total Calendar Time Where: OT = The operating time during OMS/MP ST = Standby time (not operating, but assumed operable) during OMS/MP TCM = The total corrective maintenance downtime in clock hours during OMS/MP TPM = The total preventive maintenance downtime in clock hours during OMS/MP TALDT = Total administrative and logistics downtime (caused by OMFs) spent waiting for parts, maintenance personnel, or transportation during OMS/MP. (Note that events attributed to downtime may consist of System Aborts, Mission Affecting Failures, Essential Function Failures, and Essential Maintenance Actions and are system specific dependent on that system’s formally defined Failure Definition/Scoring Criteria.) These closed-form equations are valid when a number of specific assumptions hold and when the system matures to the point that a steady-state behavior develops. The assumptions that must be valid include: 1) the time between failures, times to repair, and ALDT are each exponentially distributed and 2) there is no competition for parts and maintenance resources between individual items. The Army OTA recommends modeling and simulation as a means to address the complexities that arise when the assumptions are not applicable. It is ATEC policy that modeling and simulation be used to evaluate Ao as part of the sustainment KPP. Other forms of this equation are substituted depending on the system type (see AMC/TRADOC XXX 70-11) such as the inclusion of relocation time.
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Operational Availability. The probability that a system can be used for any specified purpose when desired. It includes both the inherent reliability and maintainability parameters and logistics support effectiveness of the system that relates to the total time the system might be desired for use. Ao is defined as follows: Ao = Uptime Total Time which is equivalent to: Ao = MTBDE MTBDE + MDT
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Operational Availability. 10.1.1 Operational availability and capacity to immediately provide the Services is a key performance and system requirement.
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Operational Availability. Lessor warrants that the percentage of time during which the Equipment is available for normal operations during any month of the term of this Agreement, excluding time necessary for normal scheduled maintenance, shall equal or exceed ninety-five percent (95%) of the total time available (the operational availability), or such other operational availability percentage as may be specifically set forth in the Purchase Order. In the event that the operating characteristics of the Equipment or any item of Equipment fall below such operational availability percentages by five percent (5%) or more during any 90 day period, or by ten percent (10%) or more during any 30 day period, Lessor agrees at Lessee’s request to replace promptly such Equipment or item of Equipment with new equipment so as to attain ninety-five percent (95%) operational availability.
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Operational Availability. Plant availability of 75% has been achieved.
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Operational Availability. 20.3.1 After Lot COD of each Lot as per the Delivery Schedule, a Bus shall be deemed to be available for operation at all times, save and except for the instances set out in Clause 20.3.2 below.
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Operational Availability. PayPal is responsible for the operational availability of Supported Services and will use commercially reasonable efforts to meet the availability stated below (“Operational Availability”), including monitoring to maintain a continuous pulse on Operational Availability. PayPal does not provide support to any integration issues where a PayPal staging environment is being used after Partner launches the PayPal Services. The term “
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Related to Operational Availability

  • Product Availability Under no circumstances shall Company be responsible to Representative or anyone else for its failure to fill accepted orders, or for its delay in filling accepted orders, when such failure or delay is due to strike, accident, labor trouble, acts of nature, freight embargo, war, civil disturbance, vendor problems or any cause beyond Company's reasonable control.

  • Closing Availability After giving effect to all Borrowings to be made on the Effective Date and the issuance of any Letters of Credit on the Effective Date and payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness, the Borrowers’ Availability shall not be less than $500,000.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • Excess Availability Borrowers shall have Excess Availability at all times of at least (i) as of any date of determination during the period from June 24, 2016 through and including July 7, 2016, $10,000,000, (ii) as of any date of determination during the period from July 8, 2016 through and including September 29, 2016, $17,500,000, and (iii) as of any date of during the period from September 30, 2016 through and including December 31, 2016, $20,000,000.

  • Availability of Earnings Statements The Company shall make generally available to holders of its securities as soon as may be practicable but in no event later than the last day of the fifteenth (15th) full calendar month following the calendar quarter in which the most recent effective date occurs in accordance with Rule 158 of the Rules and Regulations, an earnings statement (which need not be audited but shall be in reasonable detail) for a period of twelve (12) months ended commencing after the effective date, and satisfying the provisions of Section 11(a) of the Act (including Rule 158 of the Rules and Regulations).

  • Maximum Consolidated Capital Expenditures Holdings shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year, in an aggregate amount for Holdings and its Subsidiaries in excess of $125,000,000; provided, such amount for any Fiscal Year shall be increased by an amount equal to the excess, if any (but in no event more than $62,500,000), of such amount for the immediately preceding Fiscal Year (with the above scheduled amount for any Fiscal Year being used prior to any amount carried over from the preceding Fiscal Year) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year; provided, further, so long as no Default shall have occurred and being continuing or would result therefrom, Holdings and its Subsidiaries may also make Consolidated Capital Expenditures in an amount not to exceed the Cumulative Growth Amount immediately prior to the making of such Consolidated Capital Expenditures (but the amount of Consolidated Capital Expenditures made from the Cumulative Growth Amount in any Fiscal Year shall not exceed 50% of the above scheduled amount of Consolidated Capital Expenditures that would have otherwise been permitted to made in such Fiscal Year pursuant to this Section 6.7(c)); and provided, further that for each Permitted Acquisition consummated in any Fiscal Year and, if consummated, the SDI Acquisition in the Fiscal Year ending December 31, 2011, the maximum amounts set forth above for such Fiscal Year and for every Fiscal Year thereafter shall be increased by an amount equal to 110% of the quotient obtained by dividing (A) the amount of Consolidated Capital Expenditures made by the acquired Person or business for the thirty-six month period immediately preceding the consummation of such Permitted Acquisition or SDI Acquisition as determined by the financial statements for such acquired Person or business by (B) three (3).

  • Undrawn Availability After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $10,000,000;

  • Minimum Consolidated Tangible Net Worth (a) Prior to consummation of the Merger, the Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (i) $788,000,000.00 plus (ii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

  • Availability Reserves All Revolving Loans otherwise available to Borrower pursuant to the lending formulas and subject to the Maximum Credit and other applicable limits hereunder shall be subject to Lender's continuing right to establish and revise Availability Reserves.

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