Peak Usage definition

Peak Usage is the Customer’s maximum rate of flow of Reclaimed Water, in any one Fiscal Year, measured in gallons per minute at the point-of-delivery meter.
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Peak Usage means usage of the Hosted Reservation Services or Hosted Web Services that is no greater than either of the following:
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Peak Usage means for each Eligible Product: (i) for the first year of the Initial Term, the Monthly Usage Peak for the month with the second highest Monthly Usage Peak among the first ten (10) months immediately following the Amendment Effective Date; and (ii) for any other Term, the Monthly Usage Peak for the month with the second highest Monthly Usage Peak among the twelve months immediately preceding the tenth month of such Term; provided, however that in cases where thesecond highest Monthly Peak Usage of an Eligible Product during the periods defined in sub-sections (i) and (ii) herein is zero (0),
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Examples of Peak Usage in a sentence

  • This charge replaces the Gross Receipts Tax Charge that was based on the effective tax rate along with the billing of revenues to which it applied.MINIMUM MONTHLY BILLThe minimum monthly bill shall be the applicable Customer and Peak Usage Charges.

  • An entity shall not be eligible for appointment as an agent if the carrying out of agent banking business by the entity shall contravene any written law, the parent statute, memorandum and articles of association or other constitutive document or objects of the entity.

  • Guards may have to be firm in order to fulfill their mission; yet, they should remain courteous and professional.

  • Peak Usage is the Customer's highest hourly peak consumption of steam in any sixty minute interval during the immediately preceding, completed Heating Period.

  • For Peak Usage Pricing, the MRC represents a static port charge plus a usage charge to be applied to the invoice each month based on the actual usage for the preceding month.

  • At the expiration of contract all listed equipment & accessories shall be handed back to Public Works Authority General Service Department (PWA-GSD) Services Section in a good condition.

  • Since Candidate Peak ARR Rights are based on Peak Usage in a given ARR Zone, a Market Participant cannot request more ARRs sinking in a particular ARR Zone in this stage than their Peak Usage in that ARR Zone.

  • The ARR Stage Factors shall be: Stage 1A: Fifty percent (50%) of Peak Usage; otherwise the Candidate Baseload ARR Rights.

  • Summer Shoulder Peak Usage Impact as of October 31st, 2018 49Table 22.

  • Baseload Usage: Baseload Usage shall consist of fifty percent (50%) of Peak Usage.

Related to Peak Usage

  • Revolver Usage means, as of any date of determination, the sum of (a) the amount of outstanding Advances, plus (b) the amount of the Letter of Credit Usage.

  • Facility Usage means, at the time in question, the aggregate amount of outstanding Loans and LC Obligations at such time.

  • Average Revolver Usage means, with respect to any period, the sum of the aggregate amount of Revolver Usage for each day in such period (calculated as of the end of each respective day) divided by the number of days in such period.

  • Peak flow rate means the maximum instantaneous flow from a given storm condition at a particular location.

  • Network Availability means the capability of the equipment to resume functions after a remotely initiated trigger has been detected by a network port;

  • Peak flow means the maximum instantaneous rate of flow of water at a particular point resulting from a storm event.

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

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Percent Local Usage (“PLU”) is a calculation which represents the ratio of the local minutes to the sum of local and intraLATA toll minutes between exchange carriers sent over Local Interconnection Trunks. Directory assistance, BLV/BLVI, 900, and 976 transiting calls from other exchange carriers and switched access calls are not included in the calculation of PLU.

  • Average Availability means, with respect to any period, the sum of the aggregate amount of Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Line Cap means, as of any date of determination, the lesser of (a) the Maximum Revolver Amount, and (b) the Borrowing Base as of such date of determination.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

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

  • Total Exposure Amount means, on any date of determination (and without duplication), the outstanding principal amount of all Loans, the aggregate amount of all Letter of Credit Outstandings and the unfunded amount of the Commitments.

  • Revolving Availability means Class A Revolving Availability or Class B Revolving Availability, as applicable.

  • Non-Usage Fee The meaning set forth in the applicable Fee Letter.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Cash Flow Ratio means, as at any date, the ratio of (a) the sum of the aggregate outstanding principal amount of all Indebtedness of the Company and the Restricted Subsidiaries determined on a consolidated basis, but excluding all Interest Swap Obligations entered into by the Company or any Restricted Subsidiary and one of the Banks outstanding on such date, plus (but without duplication of Indebtedness supported by letters of credit) the aggregate undrawn face amount of all letters of credit outstanding on such date to (b) Annualized Operating Cash Flow determined as at the last day of the most recent month for which financial information is available.

  • Canadian Availability means, at any time, an amount equal to (a) the lesser of (i) the aggregate Canadian Revolving Commitments at such time and (ii) the Canadian Borrowing Base at such time, minus (b) Commitment Reserves established with respect to the Canadian Loan Parties and/or the Canadian Collateral at such time minus (c) the Aggregate Canadian Credit Exposure at such time.

  • 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.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Maximum Availability has the meaning set forth in Section 2.1.1.

  • Maximum Credit means, at any time, (a) the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time minus (b) the aggregate amount of any Availability Reserve in effect at such time.

  • 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: