Operating Life definition

Operating Life means the period of time during which the Project is operational and capable of fulfilling its delivery function in a reasonably efficient and economical manner. Section 7 sets forth the expectations of the Participants regarding the Operating Life.
Sample 1Sample 2
Operating Life means, with respect to a Payload, the operating life of any Payload extending through the earlier of [***] or [***].
Sample 1Sample 2
Operating Life means, with respect to a Satellite, the operating life of any Satellite extending through the earlier of the date that such Satellite is de-orbited or is determined a Total Loss or Constructive Total Loss to the extent such Satellite is removed from service.
Sample 1Sample 2

Examples of Operating Life in a sentence

  • This would automatically trigger payment of an asset safety factor deposit (unless the approval holder is already fully deposited through payment of the Operating Life Deposit – i.e., suspension occurred within five years of the end of reserves life).

  • Usually completed tests by GaN companies according to widely accepted standardized stresses are listed below:-DC life tests (DCLT): HTRB (High Temperature Reverse Bias), HTOL (High Temperature Operating Life, Fig.

  • WindCoA Example: Compensatory Mitigation Owed for a 5-Year Permitted Take of 5 GOEA Extrapolated to the 30-Year Expected Operating Life of the Wind Project (30 GOEA in Total).

  • WindCoA Example: Compensatory Mitigation Owed for a 5-Year Permitted Take of 25 GOEA Extrapolated to the 30-Year Expected Operating Life of the Wind Project (150 GOEA in Total).

  • Example of Compensatory Mitigation Owed for a 5-Year Permitted Take of 5 BAEA Extrapolated to the 30-Year Expected Operating Life of the Wind Project (30 BAEA in Total).

  • After completion of the manufacturing process (including pre-issuance), when the chip has reached its normal Operating Life Cycle State (Card Manager in Secured State), it is the responsibility of the Cryptographic Officer to insure that only FIPS validated instances are created.

  • The Parties shall cooperate in good faith to negotiate and execute an operations and maintenance contract to provide for ongoing support of the NEXT System, including without limitation, the Satellites and other Deliverable Items, through the Operating Life of the Satellites or such longer time as agreed to by the Parties.

  • In the event that Purchaser approves any waiver or deviation that has an impact or is reasonably expected to have a impact on the performance, reliability or Operating Life of a Satellite, Purchaser shall be entitled to an equitable reduction in the Base Contract Price with respect to such waiver to be negotiated in good faith by the Parties.

  • It is worth noting that the Operating Life Deposit is a “made-in- Alberta,” first of its kind program, designed specifically for coal and oil sands mining reclamation.

  • The formula used to calculate Early Failure Rate, is as follows: EFR = nc(n) * 106 [FPM]N Where: EFR = Early Failure Rate [FPM]n = Observed total number of failures during the test nc(n) = Corrected number of failures(Using a 60 % confidence level using Poisson statistics) N = Number of units tested The High Temperature Operating Life test data is used to assess the EFR.


More Definitions of Operating Life

Operating Life means the expected device population average survival in-service period before end-of-life. The survival may be longer than the mean time before failure (MTBF), and it can be longer than the economic end-of-life or obsolescence date.
Sample 1

Related to Operating Life

  • Remaining Life means, with respect to any Notes to be redeemed, the remaining term of such Notes, calculated as if the maturity date of such Notes were the Par Call Date.

  • operating licence means an authorisation granted by the competent licensing authority to an undertaking, permitting it to provide air services as stated in the operating licence;

  • Bond Year means, unless otherwise provided in the Supplemental Indenture authorizing a Series of Bonds, the period commencing on the first day of July in each year and ending on the last day of June of the following year.

  • Moderate income housing means housing affordable,

  • System Operating Limit or “SOL” shall mean the value (such as MW, MVAR, Amperes, Frequency, or Volts) that satisfies the most limiting of the prescribed operating criteria for a specified system configuration to ensure operation within acceptable reliability criteria.

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • Transient non-community water system or “transient non-CWS” means a non- CWS that does not regularly serve at least 25 of the same persons over six months of the year.

  • Expandable condominium means a condominium to which additional land may be added in accordance with the provisions of the declaration and of this chapter.

  • School operating purposes means the purposes included in the operation costs of the district as prescribed in sections 7 and 18 and purposes authorized under section 1211 of the revised school code, MCL 380.1211.

  • California Renewables Portfolio Standard means the renewable energy program and policies codified in California Public Utilities Code Sections 399.11 through 399.31 and California Public Resources Code Sections 25740 through 25751, as such provisions may be amended or supplemented from time to time.

  • Levee system means a flood protection system which consists of a levee, or levees, and associated structures, such as closure and drainage devices, which are constructed and operated in accordance with sound engineering practices.

  • Bond Yield means the yield of the last series of Bonds issued, for purposes of this calculation the yield of the Bonds shall be the yield calculated at the time such Bonds are issued, pursuant to Section 148 of the Internal Revenue Code of 1986, as amended for the purpose of the Non- Arbitrage Certificate or other similar bond issuance document.

  • Operating parameter value means a minimum or maximum value established for a control device or process parameter that, if achieved by itself or in combination with one (1) or more other operating parameter values, determines that an owner or operator has complied with an applicable emission limit.

  • operating site means a site, other than an aerodrome, selected by the operator or pilot-in-command or commander for landing, take-off and/or external load operations;

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Neighborhood means either of the following:

  • Easily cleanable means that surfaces are readily accessible and made of such materials and finish and so fabricated that residue may be effectively removed by normal cleaning methods.

  • Generation Unit means a facility that converts a fuel or an energy resource into electrical energy.

  • Operating Reserve means generation capacity or load reduction capacity which can be called upon on short notice by either Party to replace scheduled energy supply which is unavailable as a result of an unexpected outage or to augment scheduled energy as a result of unexpected demand or other contingencies.

  • Neighborhood electric vehicle means a self-propelled

  • Operating Envelope means the limits on the Company's approved operations set out in Conditions 2.3 to 2.7 of this

  • Transient guest means a natural person staying less than 30 consecutive days.

  • Sound level meter means an instrument which includes a microphone, amplifier, RMS detector, integrator or time averager, output meter, and weighting networks used to measure sound pressure levels.

  • Operating Environment means, collectively, the platform, environment and conditions on, in or under which the Software is intended to be installed and operate, as set forth in the Statement of Work, including such structural, functional and other features, conditions and components as hardware, operating software and system architecture and configuration.

  • Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.