Available for Use definition

Available for Use with respect to all High Category Servers shall mean that the System—including the processor and associated storage devices, cabling, peripherals, and other equipment—is running properly so as to enable the proper execution of transactions on those Applications scheduled to run on such System and access to updated current data that is intended to be used in conjunction with such Applications.
Available for Use means the ability of the Application Services to be utilized or accessed as contemplated under the Agreement(s), including conformance to the Specifications, and without material degradation of performance, but excluding Scheduled Downtime. In the event 99.9% Availability during Critical Hours for the Application Services is not achieved, but at least 98.0% Availability for the Application Services during Critical Hours is achieved, then the credits shall be incurred as follows: 10% of monthly Application Services fees for the first month, 15% of monthly Application Services fees for the second consecutive month, and 20% of monthly Application Services fees for the third consecutive month and each consecutive month thereafter. In the event at least 98% Availability for the Application Services during Critical Hours is not achieved, but at least 95.0% Availability during Critical Hours for the Application Services is achieved then the credits shall be incurred as follows: 20% of monthly Application Services fees for the first month, 25% of monthly Application Services fees for the second consecutive month, and 30% of monthly Application Services fees for the third consecutive month and each consecutive month thereafter. In the event at least 95% Availability during Critical Hours for the Application Services is not achieved, then the credits shall be incurred as follows: 20% of monthly Application Services fees for the first month, and 25% of monthly Application Services fees for the second consecutive month, 30% of monthly Application Services fees for the third consecutive month and each consecutive month thereafter. [**Provide two to three examples using specific dollar amounts applicable to the contemplated transaction. See preceding example.**]
Available for Use shall each of the meaning defined above. “Availability”, for purposes of this paragraph 5.2.2, means the actual number of hours the Application Services are Available For Use during Scheduled Uptime in a given calendar month expressed as a percentage of Scheduled Uptime during a calendar month (i.e., Availability % = ((Number of hours the Application Services are actually Available For Use during Scheduled Uptime – Downtime during Scheduled Uptime)/(Number of hours the Application Services are actually Available For Use during Scheduled Uptime)) x 100%). In the event 97% Availability for the Application Services is not achieved, but at least 93% Availability for the Application Services is achieved, then the credits shall be incurred as follows: 20% of monthly Application Services fees for the first month, and 25% of monthly Application Services fees for the second consecutive month, and 30% of monthly Application Services fees for the third consecutive month and each consecutive month thereafter. In the event at least 93%% Availability for the Application Services is not achieved, then the credits shall be incurred as follows: 40% of monthly Application Services fees for the first month, and 45% of monthly Application Services fees for the second consecutive month, and 50% of monthly Application Services fees for the third consecutive month and each consecutive month thereafter. [**Provide two to three examples using specific dollar amounts applicable to the contemplated transaction. See preceding example.**]

Examples of Available for Use in a sentence

  • Valuation of Assets Available for Use The Corporation utilizes the percentage of completion method to determine the value of assets available for use.

  • In addition to these clauses, see Appendices C (Required Clauses in Contract for Services), D (Required Clauses in IFBs, RFPs, and RFQs), E (Clauses Available for Use in Service Contracts), and F (Clauses Available for Use in Solicitations for Bids, Proposals, or Statements of Qualifications) for other clauses.

  • The Contractor agrees and acknowledges that time is of the essence and that absence of reasonable progress and delay in the project becoming Available for Use, in Project Closeout, and in Final Acceptance will inconvenience the public and increase administrative costs of the City, the costs of which the Contractor and the City are incapable of ascertaining at this time.

  • District Resources Available for Use in an Emergency • Each Ellenville School facility has resources available for use during emergencies.

  • Standard Guide to Wood Underlayment Products Available for Use Under Resilient Flooring.


More Definitions of Available for Use

Available for Use means the ability of equipment, software, systems, data, Servicer Services and functions for which Servicer is operationally responsible, to be utilized or accessed by Bank, the Bank Client, Cardholders or other third-parties as designated by Bank, as intended in accordance with normal operations.
Available for Use. ’ means that the property, or a portion thereof, has been inspected and approved for occupancy by the appropriate governmental official or, in the absence of such inspection and approval procedures, when the prime contractor has fulfilled all of the contractual obligations. When inspection and approval procedures are non-existent or exist but are not utilized and a prime contractor is not involved, the newly constructed property is available for use when outward appearances clearly indicate it is immediately usable for the purpose intended. Fixtures are available for use when all testing necessary for proper operation or safety is completed.
Available for Use means publicly advertised at rates not to exceed Section 8 Rental Guidelines for the unit size.
Available for Use. Has the meaning set forth in Section 1 of Exhibit B-1 to Schedule B to the Terms and Conditions Exhibit B-1
Available for Use means the ability of equipment, software, services and data, which are used to provide the IT Services and for which IBM is responsible, to be utilized in accordance with normal operations (including applicable equipment and software specifications and committed levels of service) and without degradation of performance.
Available for Use means available for use as determined under either of the following:
Available for Use means that miners can be powered on and can communicate with a Customer determined mining pool) no later than twenty (20) calendar days after execution of this Agreement. An additional eight (8) MWs of power shall be made Available for Use by the Customer no later than sixty (60) calendar days after the execution of this Agreement. See High Level Activity Plan section below. In the event Provider does not provide four (4) or twelve (12) MWs of power Available for Use within the twenty (20) or sixty (60) calendar days, as applicable, after the execution of this Agreement, then Customer may immediately terminate the Agreement and this Service Order at no cost to Customer, and Provider shall reimburse Customer for all out-of-pocket expenses incurred through the date of such termination in connection with this Service Order, plus out-of-pocket expenses incurred by Customer to relocate Customer Hardware to another site as determined by Customer. Equipment Deployment Schedule: Provider will provide the space (grounds and containers), connectivity (internet), and power (12 MWs) for the deployment and operation of ~3,750 miners according to the power deployment schedule noted above. Secure Storage: Provider will ensure that all units not deployed are kept in a reasonably environmentally controlled and physically secured location (i.e., a building, container, etc.).