Maintenance level definition

Maintenance level means the minimum balance of the Indemnity Fund to be maintained and below which the Indemnity Fund balance will fall when the balance of the Indemnity Fund is below the dollar amount of disbursements from the Indemnity Fund for the payment of claims during the preceding six (6) months plus Five Million Dollars ($5,000,000.00);
Maintenance level means the minimum balance of the
Maintenance level means (i) prior to the third anniversary of the date hereof, $5 million, (ii) on and after the third and prior to the tenth anniversary of the date hereof, $2 million, and (iii) -0- thereafter.

Examples of Maintenance level in a sentence

  • As stated in the introduction, this manual is focussed on the User or First-Line Maintenance level.

  • Replacement units will be shipped in accordance with the Maintenance level purchased by Licensee (Basic / Premium).

  • Assistance will be available during published Support Hours consistent with the Maintenance level purchased.

  • Level = Maintenance level the road would be maintained to if funding permitted.

  • SymbolDesignationDescription FrankeSwitch between Maintenance level and Product level.

  • Supervisors and workers trained at the EPA 16-hour Operations & Maintenance level or higher.

  • Maintenance of infrastructure beneath private roads and re-instatement will be in accordance with Councils standard Roading Operations and Maintenance level of service.

  • Maintenance level training for at least three users either onsite or offsite.

  • Where premiums above the standard level of service are requested by the scheme owner, those services, and additional specifications for maintenance and reinstatements beyond what is in Councils standard roading Operations and Maintenance level of service shall be funded by the benefitting parties via a localised, targeted rate.

  • Councils standard Roading Operations and Maintenance level of service may be requested from Council for review and acceptance under a developer agreement of assets to vest or be acquired.


More Definitions of Maintenance level

Maintenance level has the meaning set forth in SECTION 5.14(b).
Maintenance level means the minimum balance of the Indemnity Fund to be maintained and below which the Indemnity Fund
Maintenance level means the minimum balance of the Indemnity Fund, as established by Section 354 of this title, to be maintained and below which the Indemnity Fund balance will fall

Related to Maintenance level

  • Maintenance Outage means NERC Event Type MO, as set forth in attached Exhibit B, and includes any outage involving ten percent (10%) of the Facility’s Net Output that is not a Forced Outage or a Planned Outage.

  • Maintenance Schedule means a document which describes the specific scheduled maintenance tasks and their frequency of completion necessary for the safe operation of those aircraft to which it applies;

  • Maintenance Test means the maintenance test set out in Clause 12.1 (Maintenance Test).

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • Planned Maintenance means any Maintenance BT has planned to do in advance.

  • Maintenance Requirements shall have the meaning set forth in Clause 14.2;

  • Generator Maintenance Outage means the scheduled removal from service, in whole or in part, of a generating unit in order to perform necessary repairs on specific components of the facility, if removal of the facility meets the guidelines specified in the PJM Manuals.

  • Maintenance area means any geographic region of the United States previously designated nonattainment pursuant to the CAA Amendments of 1990 and subsequently redesignated to attainment subject to the requirement to develop a maintenance plan under §175A of the CAA, as amended.

  • Maintenance Period means the period so specified in an adoption agreement as a period of time—

  • Maintenance Adder means an adder that may be included to account for variable operation and maintenance expenses in a Market Seller’s Fuel Cost Policy. The Maintenance Adder is calculated in accordance with the applicable provisions of PJM Manual 15, and may only include expenses incurred as a result of electric production. Manual Load Dump Action:

  • Routine maintenance means activities to keep an impervious surface as near as possible to its constructed condition. This includes ordinary maintenance activities, resurfacing paved areas, and exterior building changes or improvements which do not materially increase or concentrate stormwater runoff, or cause additional nonpoint source pollution.

  • Maintenance Programme shall have the meaning set forth in Clause 14.3; “Maintenance Period” shall have the meaning set forth in Clause 14.1; “Maintenance Requirements” shall have the meaning set forth in Clause 14.2;

  • Service Level means the standard set forth below by which IBM measures the level of service it provides in this SLA.

  • Maintenance work means the repair of existing facilities when the size, type or extent of such facilities is not thereby changed or increased. While “maintenance” includes painting and decorating and is covered under the law, it does not include work such as routine landscape maintenance or janitorial services.

  • Reference Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month that is 12 calendar months prior to the month referred to in “Latest Level” above.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • State Level Monitoring Cell means the body constituted by the State Government for the control and elimination of ragging in institutions within the jurisdiction of the State, established under a State Law or on the advice of the Central Government, as the case may be.

  • Maintenance and Support means updates, upgrades, patches, fixes, etc. and technical support provided for the Products and Services that Supplier is required to provide directly to DXC or a DXC Customer.

  • Maintenance Window means the total minutes in the reporting month represented by the following day(s) and time(s) during which vendor shall maintain the services: [day(s) and time(s)].

  • Scheduled Maintenance means routine maintenance scheduled by Orange to implement generic changes to, or updates of, the Orange Services or the Orange Network.

  • Deferred Maintenance means improvements necessary for continued operations which do not improve productivity or alter the process technology.

  • Maintenance and Operations Revenue or “M&O Revenue” means (i) those revenues which the District receives from the levy of its annual ad valorem maintenance and operations tax pursuant to Section 45.002 of the TEXAS EDUCATION CODE, or other lawful authority, and Article VII § 3 of the TEXAS CONSTITUTION, plus (ii) all State revenues to which the District is or may be entitled under the applicable provisions of the TEXAS EDUCATION CODE or any other statutory provision as well as any amendment or successor statute to these provisions, as applicable, less

  • Service Levels means the service levels to be met by the Services as referenced in the Contract Letter and set out in the Specification Schedule.

  • Use Level means the license use meter or model (which may include operating system, hardware system, application or machine tier limitations, if applicable) by which Symantec measures, prices and licenses the right to use the Licensed Software, in effect at the time an order is placed for such Licensed Software, as indicated in this License Agreement and the applicable License Instrument.

  • Maintenance Program means a maintenance program for the Aircraft approved by the Aviation Authority, in conformity with the Maintenance Planning Document.