Examples of Availability Test in a sentence

To the extent the Commercial Operations Date occurs on a date other than the first day of a XXXX Measurement Period, the period between the Commercial Operations Date and the first day of the next XXXX Measurement Period if any, shall be ignored for purposes of this XXXX Availability Test.
The Black Start Resource’s cost to perform a Black Start Availability Test may be a component of the overall bid for BSS but ERCOT will not separately compensate QSEs representing Black Start Resources for such testing.
As part of the Black Start Resource Availability Test, the QSE representing the Black Start Resource shall start the Black Start Resource and operate it at or above its LSL for at least four consecutive Settlement Intervals.
ERCOT, at its sole discretion, may grant an exemption of the Black Start Resource Availability Test for QSEs whose Black Start Resources have responded as instructed by ERCOT during an EEA event.
The QSE representing the Black Start Resource may schedule a second Black Start Resource Availability Test, subject to ERCOT approval, to be completed within ten Business Days of the date of the failed Black Start Resource Availability Test unless a later date is agreed to by ERCOT.

More Definitions of Availability Test

Availability Test means the pre functional test of the Facility as described in Exhibit 25.

Availability Test shall have the meaning set forth in Section 12.1. BUSINESS DAYS mean all calendar days except Saturdays, Sundays and all legal holidays of the United States or the State of Georgia.

Availability Test means the test conducted by Buyer or on Buyer's behalf to demonstrate that each Unit satisfies the requirements of Section 7.0

Availability Test any time when (a) no Default or Event of Default exists and (b) as of the date of the proposed transaction, both immediately before and after giving effect thereto, Availability is greater than the greater of (X) 17.50% of the aggregate amount of Revolver Commitments then in effect, and (Y) $30,000,000. Average Availability: for any period, an amount equal to the sum of the actual amount of Availability on each day during such period, as calculated by Agent, divided by the number of days in such period, a copy of which calculation in reasonable detail shall be provided by Agent as soon as practicable to Borrower Agent upon request. Bank of America: Bank of America, N.A., a national banking association, and its successors and assigns. Bank of America Indemnitees: Bank of America and its officers, directors, employees, Affiliates, agents and attorneys.

Availability Test any time when (a) no Default or Event of Default exists and (b) as of the date of the proposed transaction, both immediately before and after giving effect thereto, Availability is greater than $30,000,000. Average Availability: for any period, an amount equal to the sum of the actual amount of Availability on each day during such period, as calculated by Agent, divided by the number of days in such period, a copy of which calculation in reasonable detail shall be provided by Agent as soon as practicable to Borrower Agent upon request. Bank of America: Bank of America, N.A., a national banking association, and its successors and assigns. Bank of America Indemnitees: Bank of America and its officers, directors, employees, Affiliates, agents and attorneys.

Availability Test means a test that will be satisfied at any time if (a) the aggregate outstanding principal balance of the Advances at such time is less than or equal to (b) the Availability at such time.