MACHINE AVAILABILITY definition

MACHINE AVAILABILITY means the ratio of actual number of annual hours for which the WTG are in. a state of complete readiness to generate Power subject to the Grid availability, wind availability and all other parameters referred hereunder, to the total number of hours available annually (i.e. 8760 Hours). Machine Availability shall be calculated as follows.
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MACHINE AVAILABILITY means the ratio of actual number of annual hours for which the WEGs are in a state of complete readiness to generate power subject to the grid availability and all other parameters referred hereunder to the total number of hours available annually ( i.e. 8760 Hours).
Sample 1
MACHINE AVAILABILITY means the ratio of actual number of annual hours for which the WTG are in. a state of complete readiness to generate Power subject to the Grid availability, wind availability and all other parameters referred hereunder, to the total number of hours available annually (i.e. 8760 Hours).Machine Availability shall be calculated as follows. (No of machines) * (Recorded Hours) * 100% Machine Availability (MAF) = ..................... ................ ................ ................ (No of machines) * [8760 - (GF + FM)] Where, Recorded Hours = [8760- (GF + FM + S +U)]8760 = Number of total hours for a machine in an year (i.e. 24 x 365 Days) GF = Grid Failure hoursFM. = Force Majeure hoursS = Scheduled Maintenance Hours for a machineU = Breakdown Maintenance / Forced maintenance Hours for a machine.
Sample 1

Examples of MACHINE AVAILABILITY in a sentence

  • IMPROVE MACHINE AVAILABILITY VIA PREVENTIVE MAINTENANCE Each critical machine can be checked and maintained based on preventive conditions and incidental service events.


More Definitions of MACHINE AVAILABILITY

MACHINE AVAILABILITY means the ratio of the actual number of annual hours for which the WTG is in a state of complete readiness to generate Power subject to the Grid availability, wind availability, and all other parameters referred hereunder, to the total number of hours available annually (i.e., 8760 Hours). Machine Availability shall be calculated as follows. % Machine Availability = (Recorded hours) * 100 / [8760 - (GF + FM + S + U)] Where, Recorded hours= No. of hours WTG Run8760= Total number hours for a machine in a year (i.e., 24 x 365 days) GF = Grid Failure hours (Other than scheduled or breakdown hrs.) FM = Force Majeure hoursS = Scheduled Maintenance Hours for a machine (approximate maintenance hours may be mentioned)U = Breakdown Maintenance Hours for a machine. However, this 95% wind farm availability may exclude Grid Failure hours, Force Majeure hours, scheduled maintenance hours and Breakdown maintenance hours and will not be applicable during such months when wind farm is taken for preventive maintenance.
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Related to MACHINE AVAILABILITY

  • 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 for each System is calculated as follows:

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

  • Average Availability means, at any Adjustment Date, the average daily Availability for the fiscal quarter immediately preceding such Adjustment Date.

  • Borrowing Base Availability as of any date, the lesser of (a) the Commitments minus the Outstanding Amount and (b) the excess, if positive, of the Borrowing Base calculated in the most recently delivered Borrowing Base Certificate minus the Borrowing Base Debt on such date.

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

  • Maximum Availability means, as of any date of determination, the difference of (i) the Facility Amount minus (ii) the balance of all unfunded Advances approved but not yet funded minus (iii) the Aggregate Unfunded Amount plus (iv) all amounts on deposit in the Unfunded Exposure Account, each as of such date of determination.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Average Daily Availability means the average daily Availability for the immediately preceding Fiscal Quarter.

  • Borrowing Availability means as of any date of determination the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the Revolving Loan and Swing Line Loan then outstanding.

  • Revolving Availability means, at the time of determination, (a) the sum of all Revolving Commitments at such time less (b) the sum of the principal amount of Revolving Loans made and outstanding at such time.

  • Canadian Availability means, as of any date of determination, the amount (if any) by which (a) Canadian Available Credit, exceeds (b) the sum of the aggregate Dollar Equivalent of (i) Revolver Credit Advances made to the Canadian Borrowers plus (ii) the Canadian Borrowers’ Letter of Credit Obligations (other than the Canadian Borrowers’ Letter of Credit Obligations cash collateralized in accordance with the terms of the Loan Documents).

  • 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.

  • Availability Block means $15,000,000.

  • 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.

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

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess 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.

  • 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.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Revolving Credit Availability means, at any particular time, the amount by which the Maximum Revolving Credit Amount at such time exceeds the Revolving Credit Obligations at such time.

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

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

  • Affordability average means the average percentage of median income at which restricted units in an affordable housing development are affordable to low- and moderate-income households.