Maintenance level definition

Maintenance level means the minimum balance of the Indemnity Fund to be maintained and below which the Indemnity Fund balance will fall when the balance of the Indemnity Fund is below the dollar amount of disbursements from the Indemnity Fund for the payment of claims during the preceding six (6) months plus Five Million Dollars ($5,000,000.00);
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Maintenance level means the minimum balance of the
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Maintenance level means (i) prior to the third anniversary of the date hereof, $5 million, (ii) on and after the third and prior to the tenth anniversary of the date hereof, $2 million, and (iii) -0- thereafter.
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Examples of Maintenance level in a sentence

  • Assistance will be available during published Support Hours consistent with the Maintenance level purchased.

  • Replacement units will be shipped in accordance with the Maintenance level purchased by Licensee (Basic / Premium).

  • Maintenance level surface preparations is limited to power tool cleaning (steel structures painting council SP3).

  • The Maintenance level purchased is defined in the Order and the applicable purchased support activities are provided under either the: (i) Everfox Software Maintenance and Hardware Support Description, or (ii) the then-current Everfox Technical Support Description that can be provided upon request.

  • Annual Maintenance fees (if any) are based on the net license fee paid by Partner to Licensor and calculated based on the Maintenance percentage set forth in the Order Form or, if different, the then current percentage rate in the Price List for the applicable Maintenance level for the first year Maintenance fee.

  • NetMotion Wireless also offers a Premium Maintenance level at 25 percent of the total published Mobility XE licensing fee.

  • One of the possible consequences of this action is that sequentially following “Standard” from QuantityWare offered maintenance packages, may no longer be compatible with the Customer -specific Maintenance level and a payable service is required to rejoin the ‘Standard’ from QuantityWare released and published Maintenance schedule.


More Definitions of Maintenance level

Maintenance level has the meaning set forth in SECTION 5.14(b).
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Maintenance level means the minimum balance of the Indemnity Fund, as established by Section 354 of this title, to be maintained and below which the Indemnity Fund balance will fall
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Maintenance level means the minimum balance of the Indemnity Fund to be maintained and below which the Indemnity Fund
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Related to Maintenance level

  • Maintenance Outage means the temporary operational removal of the Facility from service to perform work on specific components of the Facility, at a time when the Facility must be removed from service before the next Scheduled Outage in the interest of safety or the prevention of injury or damage to or undue wear and tear on the Facility or any component thereof.

  • Maintenance Test means the maintenance test set out in Clause 12.1 (Maintenance Test).

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • Planned Maintenance means any Maintenance BT has planned to do in advance.

  • Maintenance Requirements shall have the meaning set forth in Clause 14.2;