Annual Availability definition

Annual Availability total time in Proper Status over the given calendar year. Monthly Availability: total time in Proper Status over the given calendar month. The Service Provider logs each Major Incident including a description and the cause of the error and future preventive action. Upon request by a Subscriber affected by a certain Incident, Service Provider sends to the Subscriber the relevant sections of the incident log in no more than 3 business days. The Service Provider has the exclusive right to classify incidents by severity and the type of services affected by an incident. Loss of service due to reasons within the control of an End User (including in particular reasons not attributable to the Service Provider) or those attributable to the End User's negligence shall not constitute loss of service attributable to the Service Provider.
Sample 1Sample 2Sample 3
Annual Availability. For a particular Contract Year, “Annual Availability” shall be the average availability of the Contracted XXXX capacity during that particular Contract Year, calculated as per the RfS ;
Sample 1Sample 2
Annual Availability means, the availability of the Lifts only for smooth operation during the Year and to be calculated as specified in the CC.’’
Sample 1

Examples of Annual Availability in a sentence

  • The Feed-in Approval Holder shall provide the Distribution Licensee with details of the Declared Annual Availability upon the execution of this Agreement.

  • SCE’s sole and exclusive remedy for Seller’s breach of Seller’s Annual Energy Obligation, Seller’s Annual Availability Obligation and/or Seller’s Long Term Availability Obligation shall be the receipt of Seller’s Annual Shortfall Payment and/or Seller’s Long Term Availability Shortfall Payment.

  • In the event that a Site or Circuit has been installed for less than 12 consecutive months, BT will apply an assumed Cumulative Annual Availability Downtime for the previous 12 consecutive months for that Site or Circuit using the Availability Downtime data recorded to date.

  • To the extent technically and operationally possible, the SAAS Service of Drooms shall be available for a minimum average of 99.9% per annum (hereinafter the "Minimum Annual Availability").

  • Operating fees are receivable based on certain defined levels of Actual Annual Availability (“AAA”) of plant or Plant load factor (“PLF”).

  • If an Availability Damage Payment is due from Seller, Seller will pay such Availability Damage Payment no later than twenty (20) days after providing the Annual Availability Report.

  • Incentive = Equity x (Annual Availability achieved – Target availability) / 100 The incentive shall be shared by the long term customers in the ratio of their average allotted capacity.

  • The Annual Availability Cost shall be split into twelve equal payments and paid to the ASP on a monthly basis as described in Section 1.1 of this Schedule 6 (the “Fixed Monthly Payment”).

  • In the event a Site has been installed for less than 12 consecutive months, BT will apply an assumed Cumulative Annual Availability Downtime for the previous 12 consecutive months for that Site or Circuit using the Availability Downtime data recorded to date.

  • Operating fees are receivable based on certain defined levels of Actual Annual Availability ("AAA") of plant.


More Definitions of Annual Availability

Annual Availability means, in respect of any calendar year, a fraction the numerator of which shall be the number of hours which the Facility is Available during such calendar year, and the denominator of which is the total number of hours in such calendar year; provided that in the first calendar year of the Term, the denominator shall be the number of hours between Phase 1A COD and 2400 hours on December 31, and provided further that the Conversion Period shall be excluded from any calculation of Annual Availability.
Sample 1
Annual Availability shall have the meaning set forth in Section 8.05 hereof.
Sample 1

Related to Annual Availability

  • 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:

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

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Undrawn Availability at a particular date shall mean an amount equal to (a) the lesser of (i) the Formula Amount, or (ii) the Maximum Revolving Advance Amount, minus the Maximum Undrawn Amount of all Letters of Credit, minus (b) the sum of (i) the outstanding amount of Revolving Advances, plus (ii) amounts due and owing to any Borrower’s trade creditors which are outstanding sixty (60) days or more past the due date thereof.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

  • Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period: