Production Time definition

Production Time means the time, as determined by Operator, available for the production of EG Product or the rendering of Other Services in accordance with the Operating Agreement and the Inland Tolling Agreement during which the EG Facility is not shut down for testing, for transition to ZnNi production or back to pure zinc production, for other scheduled or estimated unscheduled downtime, for maintenance or repairs, for the making of capital improvements, for national holidays, or due to Force Majeure.
Production Time is defined as the number of days between receipt by CombiMatrix of a valid purchase order from Illumina for [ * ] and the day upon which CombiMatrix delivers the [ * ] to a common carrier for shipment. The Production Time for [ * ] shall not exceed [ * ] business days, and CombiMatrix shall use its best efforts to have [ * ] ordered by Illumina achieve a Production Time of [ * ] business days or less. For clarity, as Illumina may specify shipping and thus shipping times (such as not accepting packages on particular days or delivering on particular days, using multi-day shipping instead of overnight shipping, etc.), Production Time excludes the period for which the [ * ] are in transit to Illumina. In the event that CombiMatrix will not be able to meet a Production Time of [ * ] business days, CombiMatrix shall notify the Illumina employee(s) generating the purchase order via email and will also provide an estimate of what the revised Production Time will be. If Illumina responds via e-mail that it still desires delivery of the original [ * ] ordered (the “Order”), CombiMatrix shall ship the Order as under the revised Production Time and the original purchase order terms, and Illumina will be obligated to pay for the Order according to the terms of this Supply Agreement. If Illumina does not verify via response email within [ * ] business days that it still desires the Order (measured from the day that the original email was sent by CombiMatrix to Illumina), and CombiMatrix has confirmed that the email was received and acknowledged, CombiMatrix will consider the Order to be cancelled with no financial obligations incurred by Illumina for the original Order, and CombiMatrix will not ship the Order.
Production Time is defined as the actual number of business days from contract signature to production completion in a “live” environment, which includes quality assurance. “Production time” is comprised of four distinct activities (Sales Processing, Order Entry processing, Completion of Fulfillment Services, and Completion of Production), however, the KPI will be based on the aggregate number of business days for entire process. XXXXX is responsible for establishing a Production tool to be used as the tracking mechanism. Performance Criteria: - Minimal KPI - [*] - Objective KPI - [*]

Examples of Production Time in a sentence

  • Purchaser shall be entitled ------------------------ to certain priority rights during each month to available Production Time for EG Services and Other Services at the EG Facility, all in accordance with the terms and conditions set forth in Article IV of this Agreement.

  • If Patheon manufactures more than the Minimum Requirement by the end of the Agreed Production Time, no adjustment shall be made to the Fees.

  • Subject to the availability of Production Time, each such Production Forecast shall constitute a "Firm Order" under this Article IV with respect to the numbers of hours of Production Time stated in ---------- the Production Forecast for the Forecast Period.

  • Purchaser acknowledges that the Bethlehem Coating Agreement contains a priority right for the benefit of the other Primary Purchaser with respect to sixty-seven percent (67%) of all available Production Time, subject to certain deductions as set forth therein, and the Bethlehem Coating Agreement and the MSCWC Coating Agreement contain rights of first refusal with respect to Production Time that Purchaser has the right to reserve under this Coating Agreement if Purchaser should fail to reserve it.

  • Subject to the availability of Production Time, each such Production Forecast shall constitute a "Firm Order" under this Article IV with respect to the numbers of hours of Production Time stated in the ---------- Production Forecast for the Forecast Period.

  • For purposes of this ------------------------ Agreement, production for Ispat Inland up to the amount of the Inland Option Tons specified in Section 3.2 of the Inland Tolling Agreement (which shall ----------- include rights to use of the slitter in proportion to Inland's rights thereunder to Production Time) shall be considered as production for EGL Steel rather than as production for outside parties, except as otherwise provided herein.

  • Operator may, but shall not be required to, market and sell the services of the Partnership to the extent that Production Time is available in accordance with Sections 4.02 of this Agreement and Section 10.04 ------------- ------------- of the Partnership Agreement.

  • Subject to Section ---------------------------------- ------- 4.02 hereof, Operator shall schedule Production Time for EG Services and Other ---- Services for outside parties in such a manner as in the reasonable judgment of Operator shall maximize the profitability of the Partnership.

  • Subject to the availability of Production Time, each such Production Forecast shall constitute a "Firm Order" under this Article IV with respect to ---------- the numbers of hours of Production Time stated in the Production Forecast for the Forecast Period.

Related to Production Time

  • COMPLETION TIME means the period by ‘date/month’ specified in the ‘Letter of Intent/Award’ or date mutually agreed upon for handing over of the intended scope of work, the erected equipment/plant which are found acceptable by the Engineer, being of required standard and conforming to the specifications of the Contract.

  • Execution Time means the date and time that this Agreement is executed and delivered by the parties hereto.

  • Distribution Time means the time at which the Distribution is effective on the Distribution Date.

  • Production Unit means a facility for generation of electricity made up of a single generation unit or of an aggregation of generation units;

  • Separation Time means the close of business on the tenth Trading Day after the earlier of:

  • Down time means the time period when specified services with specified technical and service standards are not available to user(s).

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Calculation Time means 11:59 p.m. on the calendar day prior to the Closing Date.

  • Notification Time means 11:00 a.m., New York time, on a Local Business Day.

  • Valuation Time means the close of business in the city of the Valuation Agent on the Local Business Day before the Valuation Date or date of calculation, as applicable, provided that the calculations of Value and Exposure will be made as of approximately the same time on the same date.

  • Drilling unit means the area fixed for the drilling of one well by order or rule of any state or federal body having authority. If a Drilling Unit is not fixed by any such rule or order, a Drilling Unit shall be the drilling unit as established by the pattern of drilling in the Contract Area unless fixed by express agreement of the Drilling Parties.

  • Central Clock Time or "CCT" means Central Daylight Time when Daylight Savings Time is in effect and Central Standard Time when Daylight Savings Time is not in effect.

  • Books Closure Date means the date and time to be determined by the Manager on which the register of Unitholders will be closed for the purpose of determining the entitlements of Unitholders to a Distribution;

  • Resolution Time means 1:00 p.m. New York time on the Local Business Day following the date on which the notice of the dispute is given under Paragraph 5.

  • Discussion Time shall have the meaning ascribed to such term in Section 3.2(f).

  • Transfer Time has the meaning set forth in Section 4.3(a).

  • Up time means the time period when specified services with specified technical and service standards are available to user(s)

  • Interconnection Activation Date means the date that the construction of the joint facility Interconnection arrangement has been completed, trunk groups have been established, joint trunk testing is completed and trunks have been mutually accepted by the Parties.

  • Connection Date means the date when the Carrier having received the relevant information from the Company is in a position to and has agreed to commence provision of the Fixed Network Services to the Customer;

  • Expiration Time has the meaning set forth in Section 3.