Target Availability shall have the meaning as ascribed hereto in Article 8.2 of this Agreement;

Target Availability is the target level of Availability, currently 99.9% or greater.

Target Availability means with respect to each Unit, the number of watt-hours of Electricity it is forecast such Unit will be capable of generating during each Settlement Period of the Effective Term, as determined in accordance with Schedule D;

Examples of Target Availability in a sentence

If the availability of any Element or the Project is below the Target Availability, for six consecutive months in a Contract Year, the DIC(s) or the Nodal Agency may issue a show cause notice to the TSP, asking them to show cause as to why the Transmission Service Agreement be not terminated, and if no satisfactory cause is shown it may terminate the Agreement.
The Target Availability of each Element and the Project shall be 98%.
In case of delay due to Direct Non Natural Force Majeure Event, TSP is entitled for Transmission Charges calculated on Target Availability for the period of such events in excess of three (3) continuous or non-continuous Months in the manner provided in (c) below.
In case of delay due to Indirect Non Natural Force Majeure Event or Natural Force Majeure Event affecting the Nodal Agency, TSP is entitled for payment for debt service which is due under the Financing Agreements, subject to a maximum of Transmission Charges calculated on Target Availability, for the period of such events in excess of three (3) continuous or non continuous Months in the manner provided in (c) below.
In case of delay due to Direct Non Natural Force Majeure Event, TSP is entitled for Transmission Charges calculated on Target Availability for the period of such events in excess of three (3) continuous or non continuous Months in the manner provided in (c) below.

More Definitions of Target Availability

Target Availability means the percentage Availability (for a particular Contract Year) that the Supplier has committed under the terms of this Agreement to maintaining the Facility over the period of a given Contract Year, reflecting adjustments for forced outages and planned maintenance, as stated in Exhibit C to this Agreement.

Target Availability means commercially reasonable efforts by ISOSEC to achieve Service Availability of at least 99.9%, as measured in periods of time not shorter than one calendar month.

Target Availability means the guaranteed availability standards included in the Target Availability Table below.

Target Availability means an Availability of Ninety-Nine and 9/10 Percent (99.9%).

Target Availability means the percentage of Actual Uptime noted in Section 1 above.

Target Availability means the availability standard of 99.5% during Service Availability in a quarter, excluding any SLA Exclusions. Target Availability is measured as follows: Uptime Percentage= X/(Y-Z)*100 Where: following table provides the matrix of Incident category in relation to the support to be provided by Surecomp and estimated time for response. X= Services availability Y = 24*7 duration (in minutes) Z= The duration (in minutes) of any SLA Exclusions during the applicable quarter

Target Availability is defined in the SLA Key Terms Chart.