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.
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 ;
Annual Availability means, the availability of the Lifts only for smooth operation during the Year and to be calculated as specified in the CC.’’

Examples of Annual Availability in a sentence

  • Following provisions shall be applicable on the Contracted Capacity guaranteed to be off taken by MSEDCL: • Subsequent to COD of full Project Capacity, in case the Annual Availability demonstrated by the BESSD is less than the minimum as specified above, such shortfall in performance shall make the BESSD liable to pay the liquidated damages provided in the BESPA to MSEDCL.


More Definitions of Annual Availability

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 Article-4.4.2 and Schedule-A; “Battery Energy Storage Project” or “Project” or “XXXX PROJECT”, “Battery Energy Storage systems” or “XXXX” shall mean the system(s)/projects of ……….. [Insert capacity] MW/ MWh, located at [Insert name of the place] in …. [Insert name of the District and State] having a separate control system, metering and single point of injection into the grid at Delivery/Interconnection/Metering point at MSEDCL substation and utilizing methods and technologies such as electrochemical batteries (Lead Acid, Li-ion, solid state batteries, flow batteries etc.), providing a facility that can store energy and deliver the stored energy in the form of electricity. It also includes all units and auxiliaries, Battery Energy Management System including associated applications / software; bay/s for transmission system in the switchyard, dedicated transmission line up to the Delivery Point, if any, and all the other assets, buildings/structures, equipment, plant and machinery, facilities and related assets required for the efficient and economic operation of the Energy Storage; whether completed or at any stage of development and construction or intended to be developed and constructed for the purpose of supply of above mentioned Battery Energy Storage Capacity as per this Agreement;
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.
Annual Availability shall have the meaning set forth in Section 8.05 hereof.

Related to Annual Availability

  • 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.

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.

  • 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:

  • 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.

  • Canadian Availability means, with respect to the Canadian Loan Parties, at any time, an amount equal to (a) the lesser of (i) the total Canadian Revolving Subcommitment of all Canadian Revolving Lenders and (ii) the Canadian Borrowing Base minus (b) the total Canadian Revolving Exposure of all Canadian Revolving Lenders.